Phillips 66 stock underperforms Wednesday when compared to competitors
Shares of Phillips 66 PSX shed 3.48% to $125.04 Wednesday, on what proved to be an all-around rough trading session for the ...
Phillips 66 price target raised to $132 from $128 at TD Cowen
TD Cowen analyst Jason Gabelman raised the firm’s price target on Phillips 66 (PSX) to $132 from $128 and keeps a Buy rating on the shares. The ...
Here’s Where Phillips 66 and Elliott Don’t See Eye to Eye
Activist Elliott Investment Management had a clear roadmap for refining giant Phillips 66 when it took its first $1 billion stake in the company in late 2023. The company, though, has ...
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Activist investor Elliott wants Phillips 66 to spin off business, sell JV interest
The activist investor demands that Phillips 66 separate or sell its midstream business, which it values at up to $40 billion, and sell its CPChem interest. Activist investor Elliott Investment ...
BP's Q4 disappoints as Elliott Mgmt. discloses stake in Phillips 66
Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...
Bank of America Securities Sticks to Its Buy Rating for Phillips 66 (PSX)
In a report released today, Jean Ann Salisbury from Bank of America Securities maintained a Buy rating on Phillips 66 (PSX – Research Report).
Activist Elliott Management Wants Phillips 66 To Spinoff This Segment To Boost Stock Price
Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company ...