Phillips 66 is a diversified energy manufacturing and logistics company committed to safely and sustainably providing essential energy products. The company's mission focuses on delivering value through operational excellence, innovation, and environmental stewardship. Phillips 66 operates across various segments, including refining, midstream, and chemicals, leveraging its extensive infrastructure and expertise to optimize supply chains and enhance energy efficiency. By investing in advanced technologies and renewable energy initiatives, Phillips 66 aims to meet the evolving energy needs of its customers while contributing to a lower-carbon future.

PHILLIPS 66

Elliott Investment Management is making waves at Phillips 66, advocating for significant changes within the company. Recently increasing its stake to over $2.5 billion from $1 billion in 2023, Elliott has emphasized the need for operational adjustments to enhance shareholder value. This makes Phillips 66 a pivotal holding in Elliott's...

Elliott Management Urges Major Changes at Phillips 66, Advocating for Asset Sales and Board Restructuring Amid Performance Concerns