Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, ...

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

Phillips 66 (NYSE:PSX) today provided investors with important information to make fully informed voting decisions at the Phillips 66 Annual Meeting on May 21, 2025. This overview is intended to ...

The transaction is expected to close in the second half of 2025. Phillips 66's divestiture comes amid a heated proxy battle with Elliott Investment Management, which secured a key endorsement ...

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 ...

It and Phillips 66 are locked in a proxy battle for control of the company, and have both put forth a slate of directors for its board. A vote on those directors will take place at Phillips 66 ...