Elliott Investment Management scored a key endorsement this week in its heated proxy battle at oil refiner Phillips 66, which ...

Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led ...

Paul Singer, Elliott Management's founder, made bold energy bets in Q1 of 2025, investing $2B each in Phillips 66 and Suncor Energy, while trimming exposure to broader market ETFs.

Phillips 66 is making divestments ahead of its proxy fight vote as Elliott aims to break the refining giant into parts.

About 840 of the sites operate under Phillips 66’s Jet fueling brand. The deal is expected to close in the second half of ...

Proxy advisory firm Glass Lewis said shareholders of Phillips 66 should vote for three board nominees put forward by Elliott ...

Phillips 66 has issued a sharp rebuttal to Elliott Management’s latest letter, accusing the activist investor of misleading ...

Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 (PSX.N), opens new tab when prominent proxy advisory firm Institutional Shareholder Services (ISS ...

Phillips 66 agreed to divest a majority stake in its Germany and Austria retail marketing business to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.

Phillips 66 reached a definitive deal to sell a 65% stake in its retail marketing business in Germany and Austria.

Elliott, which holds a $2.5 billion stake in Phillips 66, has been pushing for major changes at the company, including the potential spin-off or sale of its midstream business, and is seeking to ...