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Elliott Management has taken a $1 billion stake in Phillips 66 (NYSE:PSX) and is seeking as many as two board seats as the company underperforms its peers, according to a Wednesday letter from the activist investor. Phillips 66's stock rose nearly ...
Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is urging the U.S. oil refiner and pipeline operator to revamp its board to boost lagging performance. The...
The oil refiner's adjusted net income for the quarter was $2.07 billion, or $4.63 per share, compared to $3.12 billion in the prior-year quarter.
Phillips 66 (NYSE:PSX) Q3 2023 Earnings Call Transcript October 27, 2023 Phillips 66 misses on earnings expectations. Reported EPS is $4.63 EPS, expectations were $4.78. Operator: Welcome to the Third Quarter 2023 Phillips 66 Earnings Conference Call. My name is Carla and I will be your operator for today’s call. [Operator Instructions] Please note that […]
Operator: Welcome to the Third Quarter 2023 Phillips 66 Earnings Conference Call. My name is Carla and I will be your operator for today’s call.