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Investor's Business Daily

Investor's Business Daily

Business

Business & Economics

Elliott Management has more than $2.5 billion investment in Phillips 66

Investor's Business Daily
Summary
Nutrition label

52% Informative

Elliott Management has a more than $2.5 billion investment in Phillips 66 .

The hedge fund is reportedly intent on forcing the company to narrow its focus on downstream refining and spinoff off its midstream business segment.

PSX moved higher before the stock market opened on the news.

VR Score

36

Informative language

30

Neutral language

81

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links