News

Phillips 66 Updates Preliminary Results on Election of Directors
Phillips 66 today updated the preliminary results for the election of directors at its annual meeting of shareholders held on ...
Phillips 66 Stock Falls as Activist's Board Slate Yields Mixed Results
Shares of the oil refiner were recently down about 6%, putting them among the S&P 500’s biggest daily decliners and sending ...
Phillips 66 Loses Glass Lewis Support for Three Directors
Proxy advisory firm Glass Lewis said shareholders of Phillips 66 should vote for three board nominees put forward by Elliott ...
Phillips 66 braces for proxy vote that will determine refiner's trajectory
Elliott Management is facing off with Phillips 66 in a proxy vote this week, seeking to elect four of its nominees to the ...
Phillips 66 trims portfolio with German and Austria retail sale amid Elliott pressure
Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led ...
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REUTERS:Shareholders Deliver Mixed Verdict in Phillips 66 Boardroom Battle
Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, ...
Elliott Director Nominees Send Letter to Phillips 66 Shareholders
Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips 66 (NYSE: PSX) (the "Company" or "Phillips"), today issued a letter to ...
Why Phillips 66 Stock Has Been a Gusher for Investors This Week
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's ...