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The contest pits one of the energy sector’s most storied players, which started 108 years ago as the Phillips Petroleum Co., ...
Activist investor Elliott Investment Management disclosed the names of its four nominees to join Phillips 66’ board of directors, in a move that comes shortly after it sued the oil refiner and its ...
Phillips 66 (NYSE:PSX) saw its stock price move by 1% over the past week, coinciding with active shareholder communication ...
Elliott Investment Management has won support from a prominent Phillips 66 investor for replacing some of the oil refiner’s ...
Phillips 66 is urging shareholders to vote against what it sees as activist investor Elliott Investment Management’s ...
Phillips 66 has strongly rejected Elliott Investment Management's proposal to break up the company, arguing that the plan is ...
Elliott seeks rapid, irreversible change in pursuit of an unrealistic thesis – and risks halting the momentum on our long-term value-creating strategic plan'.
Elliott Investment Management said on Thursday that Phillips 66's stock price could nearly double to $200 if the oil refiner sells or spins off its midstream business and puts more focus on refining ...
However, many see Phillips 66 as "dragging its feet" and not bringing the level of speed or execution quality required. In contrast, investors are supportive of Elliott's involvement and see the ...
Elliott Investment Management, which manages funds that together are a top-five shareholder in Phillips 66 (PSX), released findings from a ...
Phillips 66’s board of directors is again pushing against one of its largest investors—Elliott Investment Management—with a ...
Hewlett Packard Enterprise shares surged Tuesday following reports activist investor Elliott Investment Management built a $1 ...
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