Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.

Elliott Investment Management secured two seats on the Phillips 66 (NYSE:PSX) board following a closely watched proxy contest that came to a head at the company’s annual meeting on Wednesday, sources ...

Phillips 66 (PSX) stock drew retail attention on Wednesday after preliminary results indicated that the company and the ...

Elliott Investment Management, a Florida-based investor that has pushed UK supermajor BP to accelerate its oil and gas pivot, ...

Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, ...

Elliott had been pushing for four new board seats on the oil refiner’s board.

We recently published a list of 10 Firms Drenched in Red Today. In this article, we are going to take a look at where ...

Hedge funds are rebuilding long positions in Brent crude in response to an improved global trade outlook and rising ...