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

WASHINGTON-President Trump on Monday announced 25% tariffs on imports of steel and aluminum to the U.S., reinstating global duties without exceptions for allies such as Canada, Mexico, Japan and South ...

A person with knowledge of the matter said that Elliott Investment Management, an activist firm, has acquired a stake worth over $2.5 billion in Phillips 66.

Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66, significantly expanding its ...

Elliott Investment Management has acquired a significant $2.5 billion stake in U.S. oil refiner Phillips 66. The activist investor is advocating for operational changes, including selling or spinning ...

(Reuters) -Activist Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 and plans to push for operational changes to boost its stock price, the Wall ...

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

South Bow is well-equipped to handle potential U.S./Canada tariffs. Read why I maintain my buy rating for SOBO stock.

The Midwest has become increasingly reliant on cheap Canadian oil over the last two decades, and switching to another source ...

The tariffs on the two biggest sources of US crude imports will raise costs for the heavier crude grades US refineries need for optimum production, industry sources said, cutting their profitability a ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

Phillips 66 reports Q4 adjusted loss, with refining margins declining. Western Canadian crude will continue to flow to U.S. refiners but at greater discount if Trump enacts tariffs.