Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes ...

Elliott Investment Management L.P., a significant activist investor managing $69.7 billion in assets, wrote a letter to Phillips 66 calling for a strategic overhaul of the Company, suggesting the sale ...

In addition to nominating the directors, Elliott has submitted a proposal to declassify Phillips 66’s board, which would put ...

Activist hedge fund Elliott Investment Management wants Phillips 66 (NYSE:PSX) to sell or spin-off its midstream business. However, recent comments from CEO Mark Lashier suggest he is not a fan of ...

Phillips 66 gains attention from Elliott Management, advocating a breakup. Click here for a full investment analysis.

Mark E. Lashier, Phillips 66 chairman and CEO, said Elliott Investment Management’s proposals have devolved into a “series of ...

Elliott nominated seven candidates with the 'best-in-class experience in refining and midstream operations' for election to ...

Phillips 66 (PSX) stock was in focus on Tuesday after Elliott Investment Management nominated seven directors to the ...

Update: A statement from Philips 66 has been added to this story. Activist investor Elliott Investment Management LP wants Houston-based Phillips 66 (NYSE: PSX) to spin off its midstream business ...

Activist investor Elliott Investment Management, which has built a more-than-$2.5 billion stake in Phillips 66 PSX2.92%increase; green up pointing triangle and is pushing for a streamlining of the ...

Elliott Investment Management is heading toward a proxy battle with Phillips 66 after failing to reach an agreement with the energy group’s leadership on a path to improving performance.

Phillips 66 (PSX) issued the following letter, in part, to its shareholders …This has been consistently demonstrated and expressed over the ...