Elliott Management Presents The Choice For Phillips 66 Shareholders; Says "Streamline 66" Plan Would Create A Stronger Phillips 66 Based On Experience And Results, Not Rhetoric
Phillips 66 PSX | 0.00 |
PSX Leadership Supports Poor Performance and the Status Quo
Elliott's "Streamline 66" Plan Would Create a Stronger Phillips 66 Based on Experience and Results, Not Rhetoric
Visit Streamline66.com to Download the Full Presentation
WEST PALM BEACH, Fla., May 6, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips 66 (NYSE:PSX) (the "Company" or "Phillips"), today released an investor presentation titled "Streamline 66: The Choice for Shareholders."
Elliott presented Phillips 66 shareholders with a simple choice ahead of the Annual General Meeting on May 21st. Do shareholders want to support the current leadership team, which considers its performance acceptable and is committed to the status quo? Or do shareholders want to elect shareholder-nominated directors empowered to drive accountability and improve long-term performance?
Recommend
- Benzinga News 03/11 11:11
How Phillips 66’s Refinery Acquisitions and Record Utilization Could Shape PSX’s Investment Outlook
Simply Wall St 03/11 13:30UBS Maintains Buy on PBF Energy, Raises Price Target to $42
Benzinga News 03/11 20:53Black Stone Minerals Q3 EPS $0.40 Beats $0.28 Estimate, Sales $132.470M Beat $104.394M Estimate
Benzinga News 03/11 22:31BRIEF-BP CFO says we don't see any further significant infrastructure deals
Reuters 04/11 13:52Marathon Petroleum Faces Pressure From Rising Turnaround Costs And Renewable Diesel Losses
Benzinga News 04/11 14:18NGL Energy Partners Q2 EPS $0.02, Inline, Sales $674.677M Beat $603.187M Estimate
Benzinga News 04/11 21:35Phillips 66 (PSX): Evaluating Valuation After Record Refinery Utilization and Sharper Focus on Shareholder Returns
Simply Wall St 04/11 23:49


