Elliott Investment Management said a breakup of Honeywell could push the stock up 51% to 75% over the next two years. But ...

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

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

BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...

BP Plc (BP) stock rose 6.7% in premarket trade on Monday and remained on track to open at its highest since August, on ...

Elliott plans to push Phillips 66 to sell or spin off its midstream business, the person said. In March last year, Elliott ...

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

Honeywell International, Inc. (Charlotte, N.C.) announced  that its Board of Directors completed the comprehensive business portfolio evaluation launched ...

Oil giant BP’s boss has vowed to “fundamentally reset” the organisation's strategy as annual profits slumped by more than a ...

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.

The activist hedge fund is looking to boost the oil giant's value by pushing for "transformative measures," per Bloomberg, ...

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.