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, 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 ...

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 ...

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 ...

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 ...

(Bloomberg) — 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.

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 (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 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.

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 ...

In the letter, which was reviewed by Bloomberg News, the energy company confirmed it met with Elliott earlier this week in New York before the hedge fund forged ahead with nominating candidates to ...