Phillips 66 gains attention from Elliott Management, advocating a breakup. Click here for a full investment analysis.

Phillips 66 (NYSE:PSX) said in a letter to shareholders that it is committed to maximizing value through operational ...

Mark E. Lashier, Phillips 66 chairman and CEO, said Elliott Investment Management’s proposals have devolved into a “series of ...

Elliott Management has a more than $2.5 billion investment in Phillips 66 and is reportedly intent on forcing the company to narrow its focus on downstream refining and spinoff off its midstream ...

Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes ...

Chevron eyes Phillips 66's chemical JV stake as Elliott pushes for an exit, though discussions have yet to begin ...

The company also confirmed Elliott has nominated seven directors for election to Phillips 66's Board. The Board intends to put forward a management proposal to declassify the Board at 2025 Annual ...

Elliott Investment Management is heading toward a proxy battle with Phillips 66 after failing to reach an agreement with the energy group’s leadership on a path to improving performance.

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year campaign pushing the company to sell assets, improve operational ...