The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
Phillips 66 closed 26.02% below its 52-week high of $174.08, which the company achieved on April 5th.
With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...
Phillips 66 (PSX) disclosed earlier that on February 13, Elliott Associates submitted to the company notice of its nomination ...
Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...
Copyright 2025 The Associated Press. All Rights Reserved. The logo for Phillips 66 gasoline is shown on a sign topping an old ...
Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...
Shares of Phillips 66 PSX advanced 1.22% to $131.55 Thursday, on what proved to be an all-around poor trading session for the ...
NYSE:PSX opened at $128.78 on Friday. Phillips 66 has a fifty-two week low of $108.90 and a fifty-two week high of $174.08. The stock has a market capitalization of $53.18 billion, a P/E ratio of ...
The Singapore trading arm of U.S.-based refiner Phillips 66 has recently leased a new floating storage vessel along the Singapore and Malacca Straits for storing fuel oil, market sources told Reuters.
Looking at the universe of stocks we cover at Dividend Channel, on 2/24/25, Phillips 66 (Symbol: PSX) will trade ex-dividend, for its quarterly dividend of $1.15, payable on 3/5/25. As a ...
Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...