News

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 ...
Why Phillips 66 Stock Has Been a Gusher for Investors This Week
A proxy battle started by an activist investor is becoming more intense. An activist investor's battle for influence at ...
Paul Singer's $2 Billion Energy Power Play: Phillips 66, Suncor Among Elliott's Top Holdings
Paul Singer, Elliott Management's founder, made bold energy bets in Q1 of 2025, investing $2B each in Phillips 66 and Suncor Energy, while trimming exposure to broader market ETFs.
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 to Divest Majority Stake in Germany, Austria Retail Marketing Business
Phillips 66 agreed to divest a majority stake in its Germany and Austria retail marketing business to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.
Phillips 66 Partially Exits European Retail Market With $2.8 Billion Deal:
Phillips 66 reached a definitive deal to sell a 65% stake in its retail marketing business in Germany and Austria.
Bartlesville Radio2d
Phillips 66 Files Investor Presentation Highlighting Proven Strategy, Board Strength and Path for Shareholder Value Creation
HOUSTON-- ( BUSINESS WIRE )--Phillips 66 (NYSE:PSX) (the “Company”) today filed an investor presentation with the U.S.
Opinion
Elliott’s hardball tactics at Phillips 66 should pay off
At Phillips 66, the tone is less friendly. Nonetheless, Elliott’s campaign includes the claim that a break-up could theoretically lead to a “sum-of-the-parts” valuation that boosts the company’s ...