PHILLIPS 66 overview

Elliott Sends Letter to Shareholders and Mails Definitive Proxy Materials Outlining Why Board Change is Needed at Phillips 66 PR Newswire WEST PALM BEACH, Fla., April 3, 2025 Highlights Plan to Improve Performance, Strengthen Accountability and Increase Shareholder Value Identifies Slate of Four Highly Qualified Independent Director Candidates with Decades of Experience in Refining, Midstream Operations and Corporate Governance More Information at Streamline66.com WEST PALM BEACH, Fla. , April...

Phillips 66 (NYSE:PSX) announced today the completion of its previously announced acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long-haul natural gas liquids pipelines, fractionation facilities and distribution systems (“EPIC NGL”) for total cash consideration of approximately $2.2 billion. “This transaction strengthens our position as a leading integrated downstream energy provider,” said Don Baldridge, Phillips 66 executive vice president...

Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Friday, April 25, 2025, to discuss the company’s first-quarter 2025 financial results, which will be released earlier that day. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site, phillips66.com/investors . A replay of the webcast will be archived on the Events and Presentations page approximately two hours after the event, and a transcript will be available at a...

Phillips 66 (NYSE: PSX) today released the following letter from Independent Director Bob Pease to the Company’s shareholders: Shareholders of Phillips 66: I joined the Phillips 66 Board of Directors in February 2024. My appointment came as a result of an agreement between Elliott Management and Phillips 66. At the time, Elliott Management said I would bring to the Board “extensive experience in refining and energy more broadly.” Now Elliott wants me off the Board. Today I’m writing you,...

Phillips 66 (NYSE: PSX) today announced that it has filed its preliminary proxy materials with the U.S. Securities and Exchange Commission in connection with its upcoming 2025 Annual Meeting of Shareholders. In today’s filing, the Phillips 66 Board of Directors: Announces the nomination of two new candidates bringing critical financial and operational capabilities to the Board: A. Nigel Hearne, a 35-year veteran of the energy industry with direct refining operations leadership, bringing deep...

Elliott Takes Legal Action to Protect the Rights of Phillips 66 Stockholders PR Newswire WEST PALM BEACH, Fla., March 25, 2025 Seeks an Order Requiring That Four Board Seats Be Up for Election at Phillips' 2025 Annual Meeting Asserts Company Has Demonstrated a Pattern of Gamesmanship and Poor Corporate Governance Requests Expedited Proceedings in Delaware Chancery Court WEST PALM BEACH, Fla. , March 25, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that...

Phillips 66 (NYSE:PSX) (the “Company”) today issued the following letter to its shareholders. The Company values shareholder feedback and is fully committed to continuing open engagement with all shareholders. This has been consistently demonstrated and expressed over the course of nearly two dozen meetings with Elliott Investment Management (“Elliott”) since October 2023, including the most recent meeting on March 3, 2025. The Company also confirmed Elliott has nominated seven directors...

Mark Lashier, chairman and CEO of Phillips 66 (NYSE: PSX), will participate in a fireside chat at the Piper Sandler 25 th Annual Energy Conference at 1:50 p.m. ET on Tuesday, March 18, 2025. Lashier will discuss the company’s plans to continue advancing strategic priorities across its segments to deliver shareholder value and maintaining its ongoing commitment to disciplined capital allocation. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site,...