News

Phillips 66 offers strong midstream growth, a 3.6% yield, and value upside amid activist pressure. Check out my updated look ...
Phillips 66 (PSX) ended the recent trading session at $129.01, demonstrating a -2.05% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of ...
Fintel reports that on July 11, 2025, Scotiabank downgraded their outlook for Phillips 66 (NYSE:PSX) from Sector Outperform ...
Phillips 66 grew its midstream segment so much that activist investor Elliott Management pushed to splinter the company—but the refining giant sees gold in moving NGLs.
Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.
Phillips 66 is making divestments ahead of its proxy fight vote as Elliott aims to break the refining giant into parts.
Oil refiner Phillips 66 said Wednesday it is nominating two new directors to its board, as its proxy fight with activist Elliott Investment Management continues.
Phillips 66 on Wednesday announced it plans to cease operations at its Los Angeles-based refinery in 2025.
Phillips 66 PSX -0.77% and Elliott Investment Management split a heated boardroom battle that culminated Wednesday, with the activist winning two of the four seats it wanted on the oil refiner’s ...
Phillips 66, the Houston-based oil and gas company, is facing federal charges for allegedly dumping hundreds of thousands of gallons of heavily polluted wastewater into the Los Angeles County ...
Phillips 66 is cautioning shareholders that activist investor Elliott's pursuit of Citgo, a competitor, may conflict with their interests in the ongoing dispute over the refiner's strategy.
The following day, unsurprisingly, Phillips 66 issued a press release vehemently disagreeing with those recommendations, and touting its own quartet of candidates.