Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66 as it pushes the company to sell or ...

StockNews.com downgraded shares of Phillips 66 (NYSE:PSX – Free Report) from a hold rating to a sell rating in a research note released on Friday. A number of other research firms have also issued ...

Blue Trust Inc. decreased its position in Phillips 66 (NYSE:PSX – Free Report) by 49.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange ...

Phillips 66 already has disposed of more than $3.5 billion of what it calls non-core assets, the company said in its ... also has taken on Marathon Petroleum, NRG Energy, Suncor Energy and Hess.

Phillips 66 did not immediately respond to a request for comment. Last month the Houston-based company reported a fourth-quarter adjusted loss of 15 cents per share on revenue of $33.99 billion.

We have an investment of more than $2.5 billion in Phillips 66 (the "Company" or "Phillips"), making ... path similar to the one taken by Marathon Petroleum ("Marathon") following our engagement ...

Analysts have been eager to weigh in on the Energy sector with new ratings on Phillips 66 (PSX – Research Report), Sunoco (SUN – Research ...

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should streamline its operations. Elliott Investment Management disclosed a more than ...

Phillips 66 shares have fallen more than 11% in the past year. Elliott in 2023 disclosed a $1 billion stake in the refiner, and a few months later the energy company announced the appointment of a ...

Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $2.5 billion in Phillips 66 (NYSE: PSX) (the "Company" or "Phillips"), today sent a ...

Shares rose nearly 4% in Tuesday morning trading. In a letter to Phillips 66's board, Elliott said that it believes the company could get more than $40 billion for its midstream business ...