Phillips 66 has taken final investment decision to build the 300-MMcfd Iron Mesa gas processing plant near the existing ...

Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid heavy ...

Shares of Phillips 66, under pressure from activist Elliott Investment Management, fell Friday after the energy firm posted a ...

Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid ...

Phillips 66 posted lower earnings in its latest quarter, results that come amid an ongoing proxy fight with activist investor Elliott Investment Management. The Houston-based oil refiner reported ...

HOUSTON (AP) — HOUSTON (AP) — Phillips 66 (PSX) on Friday reported first-quarter earnings of $487 million. The Houston-based company said it had net income of $1.18 per share. Losses, adjusted for one ...

BP is not Elliott’s only current campaign in the oil fields. In the spring of 2024, Elliott revealed a $1 billion stake in ...

Elliott's subsidiary, Amber Energy, is in pursuit of a direct Phillips 66 competitor, CITGO. That pursuit has been ongoing for more than a year, and Elliott's most recent bid for CITGO is valued ...

Elliott Investment Management argues that streamlining Phillips 66 would improve the company's performance, but critics point out that Elliott is in a bidding competition to acquire Citgo, which is a ...

Phillips 66 (PSX) shareholder Elliott Investment, which manages funds that together make it a top five Phillips 66 shareholder, released the ...

In an interview with the HBJ and a podcast episode released by Elliott, leaders of the two companies share their contrasting ...

“We are in a phase where activists continue to take advantage of all the uncertainties,” said Jim Rossman, global head of ...