Phillips 66 director criticizes activist investor Elliott amid proxy battle
Phillips 66's independent director, Bob Pease, defended the company's performance and criticized Elliott Investment Management on Friday, as a boardroom battle between the U.S. refiner and the activist investor intensified.
SACRAMENTO, California — Phillips 66 announced Wednesday that ... refinery market is dominated by five oil majors that produce nearly all of its special blend of low-polluting gas at just ...
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Goldman Sachs revised rating and estimates for major American oil companies based on average $75/b Brent oil prices. PARR upgraded, IMO and PSX downgraded.
Phillips 66 is planning to close its 147,000 b/d Los Angeles refinery by October, Mark Lashier, the company's chief executive officer, said on Tuesday. "We're committed to idle our Los Angeles ...
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Phillips 66 closure part of growing trendIt’s supposed to make oil refiners keep adequate supplies to prevent price spikes, which commonly occur during maintenance or shifts between the summer and winter gas blends. Newsom claimed he w ...
Phillips 66 PSX, the Houston, TX-based oil giant, has confirmed plans to shut down its 147,000 barrels-per-day Los Angeles refinery by October, CEO Mark Lashier announced at the Piper Sandler ...
The potential deal comes after activist investor Elliott Investment Management urged Phillips 66 to exit the venture, estimating its stake could be worth around $15 billion. However, the valuation ...
Image by photosbyjim via iStock Voyager Midstream Holdings LLC has completed the purchase of a non-operating stake in a Texas natural gas liquid (NGL) pipeline from Phillips 66. The 254-mile ...
Chevron (NYSE:CVX) is interested in buying Phillips 66's (NYSE:PSX) stake in a chemicals joint venture that activist Elliott Investment Management has pushed the refining company to exit ...
who is also spearheading the Phillips 66 campaign and a recent $2.5 billion investment in BP. The slate of directors, according to the sources, includes Pike, Brian Coffman, a former CEO of oil ...
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