Elliott had been pushing for four new board seats on the oil refiner’s board.

Phillips 66 (NYSE:PSX) continued gains for eight straight sessions as the stock closed 0.76% higher, at $124.56 on Tuesday. ...

Phillips 66 grew its midstream segment so much that activist investor Elliott Management pushed to splinter the company—but ...

Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.

Specifically, Elliott wants Phillips 66 to operate as a pure-play refining and biofuels company, spinning off or selling its massive pipeline and terminals business, and selling its petrochemicals ...

NEW YORK (Reuters) -Phillips 66 and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual shareholders meeting on Wednesday, capping one of the ...

3 days Maintenance Season Causes Dip in U.S. LNG Exports 4 days U.S. Gas Prices Dip Ahead of Summer Driving Season U.S. refiner Phillips 66 told shareholders on Tuesday that Elliott Investment ...

Phillips 66 (NYSE:PSX) told shareholders Monday that Elliott Investment Management should end its drive to break up the company, because the activist investor is conflicted from a separate effort ...

April 21 (Reuters) - Activist investor Elliott Investment Management should back down from its push to break up energy company Phillips 66 (PSX.N), opens new tab because it is conflicted from a ...

The barroom brawl of a boardroom fight between Phillips 66 and activist investor Elliott Investment Management to break up the massive energy company concluded May 21 with a split vote and both ...