Selling or spinning off the Phillips 66 pipeline business would take value away from the company, Chief Executive Officer Mark Lashier said amid a proxy battle between the US oil refiner and activist ...

Phillips 66 (PSX) hiked its dividend by over 4.3% on April 21, despite lower earnings and cash flow. PSX stock looks cheap ...

Phillips 66 said it will add a gas processing plant in the Permian Basin while continuing to strengthen its NGL system.

In conjunction with the presentation, Phillips 66 published two new videos that showcase the skills and experiences the Company's two new Board nominees, A. Nigel Hearne and Howard Ungerleider, would ...

Phillips 66 PSX reported first-quarter 2025 adjusted loss of 90 cents per share, wider than the Zacks Consensus Estimate of a ...

HOUSTON (AP) — HOUSTON (AP) — Phillips 66 (PSX) on Friday reported first-quarter earnings of $487 million. The Houston-based company said it had net income of $1.18 per share. Losses, adjusted for one ...

Elliott Investment Management argues that streamlining Phillips 66 would improve the company's performance, but critics point out that Elliott is in a bidding competition to acquire Citgo, which is a ...

Phillips 66 is cautioning shareholders that activist investor Elliott's pursuit of Citgo, a competitor, may conflict with ...

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Six plants have shut since 2008. Two of those have converted to producing renewable diesel. Competing U.S. refiner Phillips 66, also in October said it would shutter its 139,000 bpd Los Angeles ...

Image by Korakrich Suntornnites via iStock Phillips 66 has filed a definitive proxy statement and fielded its own set of board director nominees for election, gearing up for a proxy fight against ...