News

Phillips 66 Partially Exits European Retail Market With $2.8 Billion Deal:
Phillips 66 reached a definitive deal to sell a 65% stake in its retail marketing business in Germany and Austria.
Yahoo Finance2d
Phillips 66 Issues Statement Following Glass Lewis and ISS Reports
Disagrees with ISS’ and Glass Lewis’ Recommendations which Failed to Address Critical Issues Reiterates The Strength Of Phillips 66’s Highly Qualified Board And Nominees HOUSTON, May 13, ...
Morningstar2d
Leading Proxy Advisory Firm ISS Recommends Phillips 66 Shareholders Vote for All Four of Elliott's Director Nominees
Elliott stated: "By recommending that Phillips 66 shareholders vote for all four Elliott nominees, ISS has now fully validated Elliott's case for change – making clear that the status quo at the ...
Glass Lewis backs three Elliott nominees for Phillips 66 board elections
Proxy advisory firm Glass Lewis recommended over the weekend that Phillips 66 (NYSE:PSX) shareholders vote for three ...
Elliott wins ISS support in proxy battle at Phillips 66
Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm ...
Opinion
Elliott’s hardball tactics at Phillips 66 should pay off
At Phillips 66, the tone is less friendly. Nonetheless, Elliott’s campaign includes the claim that a break-up could theoretically lead to a “sum-of-the-parts” valuation that boosts the company’s ...
Phillips 66 (PSX): Among Billionaire Paul Singer’s Stock Picks with Huge Upside Potential
We recently published a list of Billionaire Paul Singer’s 10 Stock Picks with Huge Upside Potential. In this article, we are ...
Phillips 66 trims portfolio with German and Austria retail sale amid Elliott pressure
Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led consortium, valuing the unit at $2.8 billion, as the U.S. refiner ...