Here’s Where Phillips 66 and Elliott Don’t See Eye to Eye
Activist Elliott Investment Management had a clear roadmap for refining giant Phillips 66 when it took its first $1 billion stake in the company in late 2023. The company, though, has ...
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Phillips 66 is shutting down its LA refineries. What’s next?
Phillips 66 announced last week it will shut down its ... diesel and jet fuel from their location next to the nation’s ...
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Aggressive Activist Investor is Gunning for Phillips 66
Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion stake and a laundry list of demands.
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Phillips 66 (PSX) Expands Renewable Fuel Production at Rodeo
Phillips 66 PSX, a leading energy company ... Leveraging a combination of premium geographic location, unique processing infrastructure and flexible logistics, the converted facility is poised ...
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Phillips 66: Strategic Initiatives Set to Drive Long-Term Growth Despite Short-Term Challenges
Phillips 66 (PSX – Research Report), the Energy sector company, was revisited by a Wall Street analyst yesterday. Analyst Jason Gabelman from TD Cowen maintained a Buy rating on the stock and ...