Phillips 66 (PSX) Announces $2.2B Capital Expenditure for 2024
The budget aligns with Phillips 66's (PSX) strategic goal of returning $13-$15 billion to shareholders by the end of 2024.
Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note
The latest trading day saw Phillips 66 (PSX) settling at $124.62, representing a -0.3% change from its previous close.
60% Gains Plus Dividends With Phillips 66 If Elliott Is Right
Activist investor Elliott Investment Management enters Phillips 66 with a $1 billion stake and proposes a strategic overhaul. Elliott identifies underperformance and operational lapses as key issue...
Here's how activist Elliott could build shareholder value amicably at Phillips 66
Many activists think of themselves as amicable and constructive, but that could actually be the case in this engagement at the petroleum refiner.
Phillips 66 stock climbs as Elliott Investment Management takes stake, seeks changes
Phillips 66 (NYSE:PSX) shares jumped 6% to $129.30 in late-afternoon trading on Thursday, following a nearly 4% gain the session before, after activist investment firm Elliott Investment Management...
US refiner Phillips 66 retains big-name advisers for Elliott duel
U.S. oil refiner Phillips 66 has retained two top financial and legal advisers for its duel with activist investor Elliott Investment Management, according to a person familiar with the matter.
Elliott investment management makes $1 billion investment in Phillips 66
Shares of Phillips 66 (PSX) climbed Wednesday afternoon after activist investment firm Elliott Investment Management announced a $1 billion stake in the energy company. Along with the major equity ...
Can Billionaire Paul Singer Save Phillips 66 (PSX) Stock?
In a clear demonstration of the risks associated with lackluster performance as a publicly traded enterprise, Phillips 66 (NYSE: PSX ) is incurring the scrutiny of Paul Singer, founder of Elliott M...
Elliott reveals a $1.0 billion stake in Phillips 66: here's what it wants
Phillips 66 (NYSE: PSX) opened about 3.0% up on Wednesday after Elliott Investment Management revealed a sizable stake in the crude refining company. Elliott is pushing for board seats at Phillips ...
Phillips 66 Stock Is Rising. Activist Elliott Takes $1 Billion Stake, Wants Changes.
Elliott Investment Management wants two new Phillips 66 directors, and other improvements. Shares could soar to $200, says Elliott.
Elliott takes $1 billion stake in Phillips 66, plans to seek 2 board seats: Sources
CNBC's David Faber joins 'Squawk Box' with the latest news.
Phillips 66′ stock soars 6% after Elliott Management discloses $1 billion stake and says it sees 75% upside
Phillips 66's stock PSX rose 6% in premarket trade Wednesday, after Elliott Investment Management LP said it has accrued a roughly $1 billion investment in the energy company and sees potential ups...
3.6% Yield And Undervalued - Phillips 66 Is A Top-Tier Income Play
Phillips 66 offers investors a unique opportunity to play the energy sector through well-diversified refining and chemicals exposure. The company has consistently outperformed its energy peers and ...
Phillips 66 (PSX) Bank of America Energy Conference Call Transcript
Phillips 66 (NYSE:PSX ) Bank of America Energy Conference Conference Call November 14, 2023 4:00 PM ET Company Participants Timothy Roberts - EVP, Midstream & Chemicals Jeffrey Dietert - VP, IR Ric...
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