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

Phillips 66 and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual ...

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

The preliminary tally, confirmed by both sides, followed months of increasingly bitter finger-pointing between the two sides, ...

Phillips 66 shareholders have spoken, but what does their split decision mean for the energy giant's future direction? © 2025 ...

Phillips 66 shareholders voted in favour of two Elliott-backed directors. Former ConocoPhillips executive Sigmund Cornelius and ex-Targa Resources executive Michael Heim — were probably set to be ...

Phillips 66 (PSX) stock drew retail attention on Wednesday after preliminary results indicated that the company and the ...

Elliott Investment Management, a Florida-based investor that has pushed UK supermajor BP to accelerate its oil and gas pivot, ...

Phillips 66 reportedly has split its boardroom battle with Elliott Investment Management, with the activist investor winning two of the four seats it wanted on the refining company's board.

Elliott is pressing Phillips 66 to sell some assets to become a pure-play refiner, improve performance at its refining business and improve corporate governance.

Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers. The home improvement retailer came in just shy ...