News

Phillips 66 is not backing down after an activist investor launched an effort to shake up the company's board.
Phillips 66 (PSX) released the following letter from independent director Bob Pease to the company’s shareholders: “I joined the Phillips 66 ...
We believe that only by adding new independent directors can the Board deliver the accountability needed to oversee Phillips 66 management today and as the Company moves to execute on the ...
In a letter to shareholders, Phillips 66--which operates 11 refineries in the U.S. and Europe--said it aims to decrease its refining adjusted controllable costs to $5.50/bbl by 2027, which would mark ...
Elliott Investment Management, which manages funds that together make it a top five shareholder in Phillips 66 (PSX), ...