Valero Energy Corp said on Wednesday it was taking a $1.1 billion pre-tax impairment related to its California refineries and ...

The contest pits one of the energy sector’s most storied players, which started 108 years ago as the Phillips Petroleum Co., ...

Elliott Investment Management, which manages funds that together are a top-five shareholder in Phillips 66 (PSX), released findings from a ...

Phillips 66 (PSX) shareholder Elliott Investment, which manages funds that together make it a top five Phillips 66 shareholder, released the ...

Phillips 66 is urging shareholders to vote against what it sees as activist investor Elliott Investment Management’s ...

The stock's fall snapped a two-day winning streak.

Elliott seeks rapid, irreversible change in pursuit of an unrealistic thesis – and risks halting the momentum on our long-term value-creating strategic plan'.

Elliott Investment Management has won support from a prominent Phillips 66 investor for replacing some of the oil refiner’s ...

In a proxy filing, submitted to regulators on Thursday, Elliott is nominating four directors — including Sigmund Cornelius ...

Activist investor Elliott Investment Management sued Phillips 66 and its board of directors to require four board seats be up for election at the oil refiner’s next annual shareholder meeting.

Energy major defends transformation under CEO Mark Lashier and warns Elliott's proposals risk long-term value destruction ...

Phillips 66 (PSX) is once against urging its shareholders to vote against measures proposed by Elliott Investment Management at the company’s upcoming annual shareholder meeting on May 21.