Analysts have set 12-month price targets for Phillips 66, revealing an average target of $136.0, a high estimate of $162.00, ...

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 ...

Phillips 66 has strongly rejected Elliott Investment Management's proposal to break up the company, arguing that the plan is ...

Energy major defends transformation under CEO Mark Lashier and warns Elliott's proposals risk long-term value destruction ...

Elliott Presses for Change at Phillips 66 In a proxy filing submitted to regulators on Thursday, Elliott nominated four ...

Activist investor Elliott Investment Management disclosed the names of its four nominees to join Phillips 66’ board of ...

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

Phillips 66's independent director, Bob Pease, defended the company's performance and criticized Elliott Investment Management on March 28, as a boardroom battle between the U.S. refiner and the ...

Phillips 66 independent director Bob Pease defended the company's performance and criticized activist shareholder Elliott Management, which is running a campaign that could oust him.

Phillips 66's independent director, Bob Pease, defended the company's performance and criticized Elliott Investment Management on Friday, as a boardroom battle between the U.S. refiner and the ...

The activist investor, which owns a $2.5-B stake in Phillips 66, had already nominated seven directors to the company's board earlier this year. After receiving Elliott's notice of director ...

I joined the Phillips 66 Board of Directors in February 2024. My appointment came as a result of an agreement between Elliott Management and Phillips 66. At the time, Elliott Management said I would ...