Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...

Phillips 66 (PSX) disclosed earlier that on February 13, Elliott Associates submitted to the company notice of its nomination ...

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

StockNews.com downgraded shares of Phillips 66 (NYSE:PSX – Free Report) from a hold rating to a sell rating in a research note released on Friday. A number of other research firms have also issued ...

Blue Trust Inc. decreased its position in Phillips 66 (NYSE:PSX – Free Report) by 49.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange ...

In a report released today, Jean Ann Salisbury from Bank of America Securities maintained a Buy rating on Phillips 66 (PSX – Research Report).

In a report released today, Theresa Chen from Barclays maintained a Hold rating on Phillips 66 (PSX – Research Report), with a price target of ...

The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.

Phillips 66 (NYSE:PSX) achieved its shareholder distribution target with $13.6 billion distributed through share repurchases and dividends since July 2022. The company exceeded its $400 million ...