(Reuters) -Activist Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 and plans to push for operational changes to boost its stock price, the Wall ...

The activist investor plans to push the oil refiner to consider selling or spinning off its midstream business.

The remnants of Phillips 66's Santa Maria Refinery on the Nipomo Mesa will be removed from 218 acres, but a Sierra Club appeal to protect a large buffer area stands in the way of complete demolition.

Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.

Phillips 66 (NYSE:PSX), a $48.75 billion market cap energy giant with an overall FAIR financial health rating according to InvestingPro, is undergoing a significant business transformation as it ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

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The Phillips 66 Club features a modern design, a towering wine display, an expansive bar and a fully equipped private dining room with cutting edge AV technology. Lounge furniture and elevated ...

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