For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.

Activist investors are making frequent demands for board seats—and having more success in gaining them. To deal with this, ...

Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 , a person familiar with ...

Elliott Investment Management has built a significant stake in BP Plc, according to people familiar with the matter, as the ...

BP is under mounting pressure to break itself up and ditch its net zero projects after activist hedge fund Elliott built a ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion ...

Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...

American Paul Elliott Singer's hedge fund firm was established in 1977 and is known as being one of the most vocal activists.