Phillips 66 is fighting back against activist investor Elliott Investment Management in a letter to shareholders Wednesday.

Activist hedge fund Elliott Investment Management wants Phillips 66 (NYSE:PSX) to sell or spin-off its midstream business. However, recent comments from CEO Mark Lashier suggest he is not a fan of ...

In addition to nominating the directors, Elliott has submitted a proposal to declassify Phillips 66’s board, which would put ...

Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes ...

Elliott nominated seven candidates with the 'best-in-class experience in refining and midstream operations' for election to ...

Phillips 66 said in a letter to shareholders that it is committed to maximizing value through operational excellence and ...

Elliott Management has nominated seven directors to the Phillips 66 board, laying the groundwork to push for changes that ...

In the letter, which was reviewed by Bloomberg News, the energy company confirmed it met with Elliott earlier this week in New York before the hedge fund forged ahead with nominating candidates to ...

Phillips 66 (PSX) issued the following letter, in part, to its shareholders …This has been consistently demonstrated and expressed over the ...