Phillips 66 (NYSE:PSX) said in a letter to shareholders that it is committed to maximizing value through operational excellence and disciplined capital allocation, and confirmed Elliott Management ...

Elliott Investment Management is heading toward a proxy battle with Phillips 66 after failing to reach an agreement with the energy group’s leadership on a path to improving performance.

Phillips 66 (PSX) issued the following letter, in part, to its shareholders …This has been consistently demonstrated and expressed over the course of nearly two dozen meetings with Elliott ...

The original story from March 4 appears below. Elliott Investment Management LP has made its next major move against Houston-based Phillips 66 (NYSE: PSX). The activist investor has nominated ...

Phillips 66 is in the midst of activist pressure from Elliott Management as the company is pressured to split off its midstream business. We disagree, however, with the company achieving strong ...

Elliott Investment Management, which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), announced seven candidates it has nominated to the company’s board ...

(Bloomberg) -- Oil refiner Phillips 66 is fighting back against activist investor Elliott Investment Management in a letter to shareholders Wednesday. The Houston-based company confirmed in its ...

Elliott nominated seven candidates with the 'best-in-class experience in refining and midstream operations' for election to Phillips 66's board to remedy 'persistent underperformance'. Elliott ...

NEW YORK, March 4 (Reuters) - Elliott Investment Management nominated seven directors to Phillips 66's (PSX.N), opens new tab board, laying the groundwork to push for changes that include spinning ...

Elliott Investment Management has ramped up its campaign at Phillips 66 by nominating seven directors to the board, aiming to force sweeping changes in governance and strategic direction.

Activist hedge fund Elliott Investment Management wants Phillips 66 (NYSE:PSX) to sell or spin-off its midstream business. However, recent comments from CEO Mark Lashier suggest he is not a fan of ...

NEW YORK (Reuters) - Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes that include spinning off or selling its midstream ...