David Faber discusses the latest details on Elliott's proxy fight with Phillips 66.
The activist investor won support from influential proxy advisory firm ISS.
HOUSTON--(BUSINESS WIRE)--Phillips 66 today announced that it strongly disagrees with the recommendations issued by Institutional Shareholder Services and Glass Lewis & Co.
ISS Validates Elliott's Case for Change and Recommends Nominees Brian Coffman, Sigmund Cornelius, Michael Heim and Stacy Nieuwoudt Notes Phillips 66's "Disappointing" Operating Performance, "Selective
HOUSTON--(BUSINESS WIRE)--Phillips 66 will host its 2025 Annual Meeting of Shareholders on Wednesday, May 21 at 8 a.m. CT in a virtual-only format via audio webcast.
Glass Lewis Recognizes Need for Independent Perspectives in the Phillips 66 Boardroom and Recommends Support for Elliott Director Nominees Brian Coffman, Sigmund Cornelius and Michael Heim Concludes E
HOUSTON--(BUSINESS WIRE)--Phillips 66 today provided investors with important information to make fully informed voting decisions at the Phillips 66 Annual Meeting on May 21.
Phillips 66 shares have underperformed, losing about 25% over the past year, due to weak refining margins and macroeconomic challenges. Q1 results were weak, with a $0.90 loss per share, but turnaroun
PSX Leadership Supports Poor Performance and the Status Quo  Elliott's "Streamline 66" Plan Would Create a Stronger Phillips 66 Based on Experience and Results, Not Rhetoric  Visit Streamline66.com
HOUSTON--(BUSINESS WIRE)--Phillips 66 today responded to a May 2 letter released by Elliott Management.
Asserts that the Company's Current Directors Have Allowed a Culture of Complacency and Deference to Management to Take Root in the Boardroom Debunks Phillips 66's Misleading Claims    Urges Sharehol
Episode With Mr. Heim, A Founder of Targa Resources, Features Perspectives on Phillips 66 Operations and Value-Unlocking Options for the Company's High-Quality Assets Visit Streamline66.com  to Subsc
Highlights Path to Unlocking Substantial Upside By Reversing Company's Cycle of Underperformance  "Streamline 66" Plan Would Transform Phillips 66 Through Board Enhancements, Operational Improvements
HOUSTON--(BUSINESS WIRE)--Phillips 66 today filed an investor presentation with the U.S. SEC in connection with its upcoming Annual Meeting of Shareholders on May 21, 2025.
Phillips 66 (NYSE:PSX ) Q1 2025 Earnings Conference Call April 25, 2025 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - Chairman and Chief Executive O
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