About 840 of the sites operate under Phillips 66’s Jet fueling brand. The deal is expected to close in the second half of ...

Phillips 66 (PSX) announced on Thursday the sale of a 65% stake in its Germany and Austria retail marketing business to a ...

Phillips 66 agreed to divest a majority stake in its Germany and Austria retail marketing business to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.

Phillips 66 (NYSE:PSX) recently issued a letter to shareholders ahead of its Annual Meeting to address core issues like board ...

Phillips 66 PSX, the Houston ... confirmed that PSX was ahead of its debt reduction targets and noted that divestiture talks were “very active.” CEO Lashier also hinted at the potential ...

In the first quarter of 2025 Phillips 66 exceeded a divestiture target of over $3 billion, meant to support its shareholder return target and other long-term priorities, with the receipt of $2 ...

2 Notably, the Company’s Directors and nominees have overseen more than $300 billion in “breakup or major divestiture transactions.3 Phillips 66 encourages shareholders to reach their own ...

Proxy advisory firm Glass Lewis said shareholders of Phillips 66 should vote for three board nominees put forward by Elliott ...

Phillips 66 reached a definitive deal to sell a 65% stake in its retail marketing business in Germany and Austria.

Underscores the valuable skills and experiences Phillips 66’s Board and nominees have to drive shareholder value creation, superior to those of Elliott’s nominees Phillips 66 (NYSE:PSX ...