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Phillips 66 (NYSE:PSX) is likely to lay off most workers at its Los Angeles refinery in December, reported Reuters on ...

U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher refinery capacity use, according to data released by the EIA. Phillips 66 ...

Elliott Investment Management, a Florida-based investor that has pushed UK supermajor BP to accelerate its oil and gas pivot, ...

Phillips 66 (PSX) stock drew retail attention on Wednesday after preliminary results indicated that the company and the ...

Elliott had been pushing for four new board seats on the oil refiner’s board.

Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down by a flurry of government policies and dismal earnings performance in the ...

Shares of energy companies fell alongside oil futures as Treasury yields continued to gain on budget concerns. U.S. crude oil inventories rose for a second consecutive week.

Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.

Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, ...

Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers. The home improvement retailer came in just shy ...

Phillips 66 reportedly has split its boardroom battle with Elliott Investment Management, with the activist investor winning two of the four seats it wanted on the refining company's board.