Phillips 66 (PSX)

MPC, VLO, PSX and GLPEY stand out as stocks worth holding amid weak margins and headwinds in the Oil and Gas - Refining & Marketing industry.

Phillips 66 is expected to lay off most workers at its 139,000-barrel-per-day Los Angeles-area refinery in December, sources familiar with the matter said on Thursday.

HOUSTON--(BUSINESS WIRE)--Phillips 66 today updated the preliminary results for the election of directors at its annual meeting of shareholders held on May 21, 2025.

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

Activist hedge fund Elliott Investment Management has won enough support from Phillips 66 shareholders to secure two board seats on the U.S. oil refiner's board of directors in one of the country's bi...

HOUSTON--(BUSINESS WIRE)--Phillips 66 today sent a letter to shareholders highlighting the key issues on the ballot at its Annual Meeting on May 21.

Paul Singer isn't tiptoeing into the energy sector, he's charging in at full throttle.

PSX is divesting a 65% stake in its Germany and Austria retail business, valued at $2.8 billion, as part of its strategy to streamline the portfolio and focus on core refining and midstream assets.

An activist investor's battle for influence at downstream energy giant Phillips 66 (PSX 0.18%) is heating up, and it's pushing up the share price. The company's share price was up by nearly 13% week t...

Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led consortium, valuing the unit at $2.8 billion, as the U.S. refiner streamli...