PSX News and Press, Phillips 66 From 12/08/23

2023-12-08 13:09:05 ET More on Phillips 66 60% Gains Plus Dividends With Phillips 66 If Elliott Is Right 3.6% Yield And Undervalued -  Phillips 66 Is A Top-Tier Income Play Phillips 66 Bank of America Energy Conference Call Transcript For further details...

Disciplined Capital Allocation to Advance Strategic Priorities Phillips 66 (NYSE: PSX) today announced a 2024 capital budget of $2.2 billion, including $923 million for sustaining capital and $1.3 billion for growth capital. Excluding joint venture debt repayments due in 2024, the company...

2023-12-05 14:43:27 ET Summary Activist investor Elliott Investment Management enters Phillips 66 with a $1 billion stake and proposes a strategic overhaul. Elliott identifies underperformance and operational lapses as key issues and calls for cost-cutting, divestitures, and a com...

2023-11-30 12:48:42 ET More on Phillips 66 3.6% Yield And Undervalued -  Phillips 66 Is A Top-Tier Income Play Phillips 66 (PSX) Bank of America Energy Conference Call Transcript Phillips 66: A Diversified Way To Benefit From A Strong Refining Environment ...

2023-11-29 22:36:36 ET Update 10:35pm : Adds Phillips 66 comment. Phillips 66  ( NYSE: PSX ) rose 4% after activist investor Elliottt Investment Management disclosed it had taken a $1 billion stake in the refiner and is seeking board seats. Prominent activist he...

Phillips 66 (NYSE: PSX) today issued the following statement regarding a letter from Elliott Investment Management L.P. (Elliott): The Phillips 66 Board and management team welcome the perspectives of our shareholders and value their input. Over the last several weeks, the company has held di...

Stocks rose Wednesday, as investors held out hope that the Federal Reserve is done raising benchmark interest rates. Traders also tried to build on already strong gains for the month. The Dow Jones Industrials increased 36.92 points to kick off Wednesday at 35,453.90. The S&P 500 gath...

2023-11-29 10:09:07 ET Phillips 66 (NYSE: PSX) opened about 3.0% up on Wednesday after Elliott Investment Management revealed a sizable stake in the crude refining company. Elliott is pushing for board seats at Phillips 66 The activist investor has built a stake worth $1.0 billi...

2023-11-29 09:09:00 ET U.S. stock index futures on Wednesday pointed to a higher open, with market participants receiving a host of economic data including the latest estimate for Q3 GDP growth. The Federal Reserve's Beige Book report on regional economic activity will also arrive later...

2023-11-29 08:07:36 ET More on Phillips 66 3.6% Yield And Undervalued -  Phillips 66 Is A Top-Tier Income Play Phillips 66 (PSX) Bank of America Energy Conference Call Transcript Phillips 66: A Diversified Way To Benefit From A Strong Refining Environment ...