Phillips 66 Nominates Two Directors as Battle With Activist Investor Elliott Continues [Yahoo! Finance]
Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
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Source: Yahoo! Finance
The two new candidates are A. Nigel Hearne, currently the chief operating officer of Harbour Energy, and Howard I. Ungerleider, a former president and chief financial officer at Dow. Elliott on Tuesday filed a lawsuit against Phillips 66 and its board seeking an order for four board seats to be up for voting at the company's next annual shareholder meeting. Oil refiner Phillips 66 ( PSX ) said Wednesday it is nominating two new directors to its board, as its proxy fight with activist Elliott Investment Management continues. The two new candidates are A. Nigel Hearne, currently the chief operating officer of Harbour Energy, and Howard I. Ungerleider, a former president and chief financial officer at Dow. The two are in addition to existing nominees and directors John E. Lowe and Robert “Bob” W. Pease. Pease is a director identified in partnership with Elliott, the oil refiner said. Elliott on Tuesday filed a lawsuit against Phillips 66 and its board seeking an order for four b
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News
- Phillips 66 Sets $2.4 Billion Capital Budget for 2026 [Yahoo! Finance]Yahoo! Finance
- Phillips 66 announces 2026 capital budget [Yahoo! Finance]Yahoo! Finance
- Phillips 66 announces 2026 capital budgetBusiness Wire
- Investors in Phillips 66 (NYSE:PSX) have seen stellar returns of 157% over the past five years [Yahoo! Finance]Yahoo! Finance
- Phillips 66 (NYSE:PSX) had its price target raised by analysts at Mizuho from $145.00 to $150.00. They now have a "neutral" rating on the stock.MarketBeat
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- 10/29/25 - Beat
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- 12/11/25 - Form 4
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- PSX's page on the SEC website