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Elliott Seeks Phillips 66 Board Seats

Hosted on MSN · 4d

Activist Elliott to Seek Phillips 66 Board Seats

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

Bloomberg L.P. · 4d

Elliott Seeks Phillips 66 Board Seats as It Urges Asset Sale

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year campaign pushing the company to sell assets, improve operational performance and bolster board oversight.

Business Insider · 12d

Activist Elliott Ups Stake in Phillips 66 with Over $2.5B Investment

Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion in fresh

Seeking Alpha on MSN · 3d

Elliott to seek Phillips 66 board seats as it pushes to streamline company

Phillips 66 (NYSE:PSX) +1.6% in early trading Wednesday as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it will seek seats on the company's board.

7don MSN

Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold

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

11d

Activist investor Elliott wants Phillips 66 to spin off business, sell JV interest

The activist investor demands that Phillips 66 separate or sell its midstream business, which it values at up to $40 billion, ...

11d

Phillips 66 Stock Jumps as Elliott Reportedly Takes More than $2.5B Stake

Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...

3d

Phillips 66 says Elliott submitted nomination of director candidates

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

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