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Elliott Seeks Phillips 66 Board Seats

Activist Elliott to Seek Phillips 66 Board Seats

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more representation on the company’s board.

Seeking Alpha on MSN · 2d

Elliott to seek Phillips 66 board seats as it pushes to streamline company

Phillips 66 (NYSE:PSX) +1.6% in early trading Wednesday as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it will seek seats on the company's board.

Bloomberg L.P. · 2d

Elliott Seeks Phillips 66 Board Seats as It Urges Asset Sale

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year campaign pushing the company to sell assets, improve operational performance and bolster board oversight.

YAHOO!Finance · 1d

Phillips 66 says Elliott submitted nomination of director candidates

Phillips 66 (PSX) disclosed earlier that on February 13, Elliott Associates submitted to the company notice of its nomination of director candidates to stand for election to the company’s board at its annual meeting of shareholders and its intent to submit a non-binding business proposal to be made at the meeting,

Phillips 66 (NYSE:PSX) Raised to Hold at StockNews.com

Phillips 66 (NYSE:PSX – Get Free Report) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday. A number of other ...

Phillips 66 stock outperforms competitors on strong trading day

Shares of Phillips 66 PSX advanced 1.22% to $131.55 Thursday, on what proved to be an all-around poor trading session for the ...

Phillips 66 leases new fuel oil floating storage vessel at Singapore storage hub

The Singapore trading arm of U.S.-based refiner Phillips 66 has recently leased a new floating storage vessel along the Singapore and Malacca Straits for storing fuel oil, market sources told Reuters.