News

Proxy battle underway as Phillips 66 nominates its own directors
Phillips 66 is not backing down after an activist investor launched an effort to shake up the company's board.
Business Insider15d
Phillips 66 Director Blasts “Distracted” Investor Elliott Management
Bob Pease, an independent member of oil company Phillips 66’s (PSX) Board of Directors, blasted activist investor ...
Investopedia17d
Phillips 66 Nominates Two Directors as Battle With Activist Investor Elliott Continues
Oil refiner Phillips 66 said Wednesday it is nominating two new directors to its board, as its proxy fight with activist Elliott Investment Management continues. The two new candidates are A.
Phillips 66 Says More Cuts to Refining Costs Among Key Business Strategies -- OPIS
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 ...
OilPrice.com4d
Phillips 66 Puts Up Fight Against Elliott Campaign for Changes
Phillips 66 has strongly rejected Elliott Investment Management's proposal to break up the company, arguing that the plan is ...
Elliott launches ‘Streamline 66’ podcast with Philips 66 director nominees
Elliott Investment Management, which manages funds that together make it a top five shareholder in Phillips 66 (PSX), ...