Elliott Investment Management L.P. Issues Detailed Investor Presentation On Phillips 66

Summary

Elliott Investment Management nominated seven directors to Phillips 66’s board, citing poor operational execution, weak capital allocation, and missed performance targets. Elliott believes the company has strong assets but needs new leadership to unlock value and improve returns.

Company Name: PHILLIPS 66

Symbol: PSX

Filing Date: Mar-06-2025

Filer Name: ELLIOTT INVESTMENT MANAGEMENT L.P.

Source:

https://www.sec.gov/Archives/edgar/data/1534701/000092189525000701/ex991todfan10168303_030625.pdf

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