In a draft letter to investors seen by the Financial Times, Elliott asks Phillip 66 investors to back its plan that is ...

Activist investor Elliott Management is raising the pressure on Phillips 66 (NYSE:PSX), asking shareholders to support its ...

Elliott Investment Management said on Thursday that Phillips 66's stock price could nearly double to $200 if the oil refiner ...

BP dropped a plan to shrink oil and gas production and promised to spend less money on clean energy, but Elliott saw the ...

Elliott Investment Management, which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter to ...

By Shadia Nasralla (Reuters) -BP Chair Helge Lund intends to step down "likely during 2026", the energy group said on Friday ...

BP's Chairman Helge Lund will step down some time next year, as activist investor Elliott Management pushes for changes at the British oil major. The British energy company said Friday that it has ...

Lucid delivers 3,109 cars in the first quarter, the highest quarterly total in the company's history and in line with Wall Street estimates. Vehicle prices will surge $5,000 to $10,000 and tariffs ...

RWE’s potential shareholder-friendly moves could lead to valuation expansion. Read why RWEOY stock is rated a ‘HOLD’ and why ...

Lund had backed BP's 2020 strategy to move its focus away from oil and gas, including an ambition to cut its hydrocarbon ...

The veteran banker is finishing as chief executive next month – after nearly a decade, regulatory reprimands and plenty of ...

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