Phillips 66 (NYSE:PSX) said in a letter to shareholders that it is committed to maximizing value through operational excellence and disciplined capital allocation, and confirmed Elliott Management ...

Phillips 66 (PSX) stock was in focus on Tuesday after Elliott Investment Management nominated seven directors to the refiner’s board. The activist investor’s nominees include John Pike, who is leading ...

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.

The original story from March 4 appears below. Elliott Investment Management LP has made its next major move against Houston-based Phillips 66 (NYSE: PSX). The activist investor has nominated ...

Phillips 66 is in the midst of activist pressure from Elliott Management as the company is pressured to split off its midstream business. We disagree, however, with the company achieving strong ...

Phillips 66 (PSX) issued the following letter, in part, to its shareholders …This has been consistently demonstrated and expressed over the ...

(Bloomberg) -- Oil refiner Phillips 66 is fighting back against activist investor Elliott Investment Management in a letter to shareholders Wednesday. The Houston-based company confirmed in its ...

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 ...

Elliott Investment Management, which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), announced seven ...

NEW YORK, March 4 (Reuters) - Elliott Investment Management nominated seven directors to Phillips 66's (PSX.N), opens new tab board, laying the groundwork to push for changes that include spinning ...

Activist investor Elliott Investment Management, which has built a more-than-$2.5 billion stake in Phillips 66 PSX-0.58%decrease; red down pointing triangle and is pushing for a streamlining of ...

Activist hedge fund Elliott Investment Management wants Phillips 66 (NYSE:PSX) to sell or spin-off its midstream business. However, recent comments from CEO Mark Lashier suggest he is not a fan of ...