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

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

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 ...

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 ...

Stonepeak and Energy Equation Partners acquired a 65% interest in JET Tankstellen Deutschland from Phillips 66 in a transaction valuing the business at US$2.8 billion. A partnership consisting of 36 ...

Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.

Elliott had been pushing for four new board seats on the oil refiner’s board.

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

Phillips 66 (NYSE:PSX) recently announced that it has entered into a definitive agreement to divest a 65% interest in its ...