News for Phillips 66 (PSX)

* Trump's policies have upended trade flows * Industry grapples with mass layoffs, activist investor push * Oil investment, output growth unlikely despite ...

On February 28, 2025, Vanguard Group Inc executed a significant transaction involving Phillips 66, a prominent player in the oil and gas industry. The firm adde

Phillips 66, Marathon, Valero and Galp Energia have been highlighted in this Industry Outlook article.

Phillips 66 said in a letter to shareholders that it is committed to maximizing value through operational excellence and disciplined capital allocation.

Elliott nominated seven candidates with the 'best-in-class experience in refining and midstream operations' for election to Phillips 66's board to remedy '...

Summary Phillips 66 (PSX) announced that its Chairman and CEO, Mark Lashier, will participate in a fireside chat at the Piper Sandler 25th Annual Energy Confere

Mark Lashier, chairman and CEO of Phillips 66 (NYSE: PSX), will participate in a fireside chat at the Piper Sandler 25th Annual Energy Conference at 1:50 p.m.

Elliott Investment Management is heading toward a proxy battle with Phillips 66 after failing to reach an agreement with the energy group’s leadership on a path to …

PR NewswireWEST PALM BEACH, Fla., March 4, 2025 Elliott Has Nominated Seven Highly Qualified Candidates with Best-in-Class Experience in Refining and Midst

Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes that include spinning off or selling its midstream business, two people familiar with the matter said. Elliott now wants Phillips 66, which has a market value of $52 billion, to address its lagging stock price, improve its refinery operations and upgrade its board, the firm said in a public letter last month. Elliott privately nominated executives with investment, financial, legal and energy experience, the sources said, adding that seven nominees give the investor flexibility ahead of planned board changes.

We recently compiled a list of the 12 Undervalued Wide Moat Stocks to Buy According to Analysts.

As per BlackRock, European equity gains have managed to outpace the US to start 2025.

Allentown, PA, Feb. 28, 2025 (GLOBE NEWSWIRE) -- CrossAmerica Partners Files 2024 Annual Report on Form 10-K ALLENTOWN, PA, February 28, 2025 ”“ CrossAmeric

PR NewswireHOUSTON, Feb. 26, 2025 Reported fourth-quarter 2024 Net income attributable to limited partners of $325.9 million, generating fourth-quarter Adj

Allentown, PA, Feb. 26, 2025 (GLOBE NEWSWIRE) -- CrossAmerica Partners LP Reports Fourth Quarter and Full Year 2024 Results Reported Fourth Quarter 2024 Ne

Chevron and Phillips 66 established the CPChem joint venture in 2000 as they combined two mid-size chemicals companies.

Elliott Investment Management L.P., a significant activist investor managing $69.7 billion in assets, wrote a letter to Phillips 66 calling for a strategic overhaul of the Company, suggesting the sale or spin-off of its midstream business.

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Phillips 66 gains attention from Elliott Management, advocating a breakup. Click here for a full investment analysis.