Phillips 66 beat revenue market estimates in second-quarter 2025, despite public boardroom battles and ongoing discussions to ...

Phillips 66 (NYSE:PSX) closed +0.5% on Friday after reporting better than expected Q2 adjusted earnings and revenues, helped ...

An escalating feud. Elliott first reached out to Phillips 66 in late September 2023. They reached a deal and détente—after Elliott privately threatened to start a proxy fight with six board ...

Refiner Phillips 66 beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins and lower turnaround expenses.

NEW YORK (Reuters) -Phillips 66 and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual shareholders meeting on Wednesday, capping one of the ...

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

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.

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the oil company to either sell or spin off its midstream unit to ...

Phillips 66 said Elliott Investment Management should end its drive to break up the company, because the activist investor is conflicted by an effort to acquire one of the its rivals.

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position and stepped up its efforts. Skip to content ...