PSX is divesting a 65% stake in its Germany and Austria retail business, valued at $2.8 billion, as part of its strategy to ...

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

Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm ...

Institutional Shareholder Services on Monday recommended that investors back all four board nominees put forward by activist ...

Proxy advisory firm Glass Lewis recommended over the weekend that Phillips 66 (NYSE:PSX) shareholders vote for three board ...

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

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

Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm ...

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.

At Phillips 66, the tone is less friendly. Nonetheless, Elliott’s campaign includes the claim that a break-up could theoretically lead to a “sum-of-the-parts” valuation that boosts the company’s ...

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 ...