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

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, ...

Phillips 66 and Elliott Investment Management split a heated boardroom battle that culminated Wednesday, with the activist ...

After more than a hundred campaigns targeting US companies, Elliott Investment Management is heading into its first ever proxy vote on home ground.

A proxy battle started by an activist investor is becoming more intense. An activist investor's battle for influence at ...

Phillips 66 agreed to divest a majority stake in its Germany and Austria retail marketing business to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.

At Phillips 66, the tone is less friendly. Nonetheless, Elliott’s campaign includes the claim that a break-up could theoretically lead to a “sum-of-the-parts” valuation that boosts the company’s ...

Oil futures rise for a fourth straight session on improved sentiment after the U.S. and China agreed to cut tariffs for 90 days, which has eased concerns about loss of demand at a time when OPEC+ is ...