Phillips 66 (PSX) Piper Sandler 25th Annual Energy Conference (Transcript)
Phillips 66 (NYSE:PSX ) Piper Sandler 25th Annual Energy Conference March 18, 2025 1:50 PM ET Company Participants Mark Lashier - Chairman & CEO Conference Call Participants Ryan Todd - Piper Sandler Ryan Todd Alright. Everybody, we're going to continue on with the program.
Phillips 66 (PSX) Laps the Stock Market: Here's Why
Phillips 66 (PSX) reachead $129.19 at the closing of the latest trading day, reflecting a +1.94% change compared to its last close.
Exclusive: Elliott nominates 7 directors at Phillips 66, ratchets up pressure
Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes that include spinning off or selling its midstream business, two people familiar with the matter said.
Phillips 66: Ignore Elliott Management
Phillips 66 has seen strong pressure from Elliott Management, which has become a top 5 shareholder advocating for a breakup. The company has an impressive and growing dividend yield along with a commitment to share repurchases. The midstream business helps to protect the company from volatility while providing strong shareholder returns, making it a valuable investment.
Phillips 66 Secures Lease on New Floating Storage in Singapore
PSX has leased a new floating storage vessel in Singapore, expanding its fuel oil capacity in one of Asia's key bunkering hubs. The move strengthens its trading flexibility in the region.
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 and stepped up its efforts.
Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66 , and plans to push for operational changes as well as the sale of the company's midstream business.
Phillips 66 Q4 Earnings Top Estimates Despite Lower Refining Margin
PSX aims to significantly lower refining costs over the next two years, driven by the Los Angeles Refinery shutdown and strategic efficiency improvements.
Activist Elliott Management ramps up stake in Phillips 66 to $2.5 billion
CNBC's Andrew Ross Sorkin reports on the latest news.
Elliott has reportedly increased its Phillips 66 stake. Here's its plan.
Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in the energy space.
Activist Elliott builds over $2.5 billion stake in Phillips 66, WSJ reports
Activist Elliott Investment Management has built an over $2.5 billion stake in Phillips 66 and plans to push the oil refiner to consider operational changes to boost its stock price, the Wall Street Journal reported on Monday.
Phillips 66 (PSX) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Phillips 66 (PSX) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
