Phillips 66 grew its midstream segment so much that activist investor Elliott Management pushed to splinter the company—but ...

Phillips 66 PSX.N and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an ...

Phillips 66 faces margin pressure and lags peers, with activist efforts aiming to unlock value through asset sales and ...

Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led consortium, valuing the unit at $2.8 billion, as the U.S. refiner moves to ...

The barroom brawl of a boardroom fight between Phillips 66 and activist investor Elliott Investment Management to break up the massive energy company concluded May 21 with a split vote and both ...

Phillips 66 PSX1.84%increase; green up pointing triangle and Elliott Investment Management split a heated boardroom battle that culminated Wednesday, with the activist winning two of the four ...

(Bloomberg) — After more than a hundred campaigns targeting US companies, Elliott Investment Management is heading into its first ever proxy vote on home ground. The activist investor will face off ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elliott Management won two seats on the board of oil refiner Phillips 66, after the activist hedge fund ...

Phillips 66’s board has rejected Elliott’s proposal to break up the company, arguing that the integrated business model provides stability. The company continues to focus on refining ...

The barroom brawl of a boardroom fight between Phillips 66 and activist investor Elliott Investment Management to break up the massive energy company concluded May 21 with a split vote and both sides ...

WEST PALM BEACH, Fla., May 20, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips 66 (NYSE: PSX) (the ...