Elliott Seeks Phillips 66 Board Seats

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.
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.
Elliott to seek Phillips 66 board seats as it pushes to streamline company
Phillips 66 rises 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.
Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
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
Elliott builds over $2.5 billion stake in Phillips 66, seeks operational changes, source says
Elliott plans to push Phillips 66 to sell or spin off its midstream business, the person said. In March last year, Elliott accepted the performance improvement plan that Phillips 66 laid out to boost shareholder returns and share price,
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 ...
The Associated Press on MSN9d
Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...
Rigzone9d
Elliott Says Phillips 66 Should Sell or Spin Off Pipeline Unit
Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...
Yahoo Finance8d
Elliott Investment Management invests $2.5bn in Phillips 66
Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for operational changes, including the sale of the company's midstream ...
Activist Elliott confirms $2.5B-plus stake in Phillips 66, urges pipeline unit sale or spinoff
Elliott Investment Management confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...