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The contest pits one of the energy sector’s most storied players, which started 108 years ago as the Phillips Petroleum Co., ...

Elliott Investment Management, which manages funds that together are a top-five shareholder in Phillips 66 (PSX), released findings from a ...

Phillips 66 (PSX) shareholder Elliott Investment, which manages funds that together make it a top five Phillips 66 shareholder, released the ...

The stock's fall snapped a two-day winning streak.

Phillips 66 is urging shareholders to vote against what it sees as activist investor Elliott Investment Management’s ...

One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction ...

Elliott seeks rapid, irreversible change in pursuit of an unrealistic thesis – and risks halting the momentum on our long-term value-creating strategic plan'.

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

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

Demonstrates Elliott’s Thesis is Based on Flawed Assumptions and Changes Would be Destructive to Long-Term Shareholder Value Urges Shareholders to Vote “FOR” ONLY Phillips 66’s Nominees on ...