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Elliott Investment Management said on Tuesday it had filed a lawsuit in the Court of Chancery of the State of Delaware against refiner Phillips 66 and its Board of Directors, seeking an order that would require four board seats to be up for election at Phillips' 2025 Annual Meeting of Shareholders.
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.
In the closing of the recent trading day, Phillips 66 (PSX) stood at $126.47, denoting a +0.78% change from the preceding trading day.
Explore the exciting world of Phillips 66 (PSX -0.21%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
PSX to shut its LA refinery by October, raising concerns about fuel supply and price spikes in California amid strong seasonal demand and refinery maintenance.
Phillips 66 (NYSE:PSX ) Piper Sandler 25th Annual Energy Conference March 18, 2025 1:50 PM ET Company Participants Mark Lashier - Chairman & CEO Conference Call Participants Ryan Todd - Piper Sandler Ryan Todd Alright. Everybody, we're going to continue on with the program.
Phillips 66 (PSX) reachead $129.19 at the closing of the latest trading day, reflecting a +1.94% change compared to its last close.
Phillips 66, Marathon, Valero and Galp Energia have been highlighted in this Industry Outlook article.
Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing industry, we advise focusing on companies like PSX, MPC, VLO and GLPEY.
HOUSTON--(BUSINESS WIRE)--Mark Lashier, chairman and CEO of Phillips 66, will participate in a fireside chat at the Piper Sandler 25th Annual Energy Conference.