News

Phillips 66 (NYSE:PSX) experienced a flat price movement over the past week, declining by 1%. This movement coincided with an ...
Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips ...
Phillips 66 said Elliott Investment Management should end its drive to break up the company, because the activist investor is ...
Chevron has told Phillips 66 (PSX) it would be interested in buying out the refiner's stake in their 50-50 chemicals joint ...
Activist investor Elliott Investment Management has nominated four directors for Phillips 66 (PSX), escalating its proxy battle and demanding significant changes at the U.S.-based energy company.
In an interview with the HBJ and a podcast episode released by Elliott, leaders of the two companies share their contrasting ...
April 21 (Reuters) - Activist investor Elliott Investment Management should back down from its push to break up energy ...
“At this point, it has become clear that sweeping changes are needed — changes to the company’s structure, its operations and its board,” Elliott said in the filing. Overall, PSX ranks 6th ...
Selling or spinning off the Phillips 66 pipeline business would take value away from the company, Chief Executive Officer Mark Lashier said amid a proxy battle between the US oil refiner and activist ...
Elliott Investment Management argues that streamlining Phillips 66 would improve the company's performance, but critics point ...
Phillips 66 (NYSE:PSX) saw its stock price move by 1% over the past week, coinciding with active shareholder communication efforts by Elliott Management ahead of the company's annual meeting. During ...