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© BusinessWire
17.12.2025
ISIN: US7185461040

Phillips 66
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Phillips 66 to announce fourth-quarter and full-year financial results
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Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Wednesday, Feb. 4, 2026, to discuss the company’s fourth-quarter and full-year 2025 financial results, which will be released earlier that day. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site, phillips66.com/investors...
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15.12.2025
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Phillips 66 announces 2026 capital budget
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Phillips 66 (NYSE: PSX) today announced its 2026 capital budget of $2.4 billion, including $1.1 billion for sustaining capital and $1.3 billion for growth capital. “The 2026 capital budget reflects our ongoing commitment to capital discipline and maximizing shareholder returns. We are investing growth capital in our NGL value chain and high-retur...
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01.12.2025
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Phillips 66
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Phillips 66 completes sale of majority interest in Germany and Austria retail marketing business
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Phillips 66 (NYSE: PSX) today announced it has closed the sale of a 65 percent interest in its Germany and Austria retail marketing business to a consortium owned by subsidiaries of Energy Equation Partners and Stonepeak. Phillips 66 will retain a 35 percent non-operated interest in the new joint venture company which will hold the retail marketin...
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20.10.2025
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© BusinessWire
29.10.2025
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Phillips 66
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Phillips 66 Highlights Strong 3Q Results; Attractive Growth Opportunities
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Phillips 66 (NYSE: PSX) announced third-quarter earnings. “Our third quarter results reflect our continued commitment to world-class operations. Our Refining and Midstream businesses both set records with year-to-date clean product yield and fractionation volumes, respectively. Additionally, our Chemicals business operated at over 100% utilizati...
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23.10.2025
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Phillips 66
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Phillips 66 Board Members Glenn Tilton and Marna Whittington Announce Intention to Retire
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Phillips 66 (NYSE:PSX) announced that Glenn Tilton and Marna Whittington have informed the company that they intend to retire and will not stand for re-election to the Phillips 66 Board of Directors at the company’s next annual meeting of shareholders in May 2026. “Glenn and Marna have been a trusted source of counsel to me and the entire Philli...
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20.10.2025
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Phillips 66 and Kinder Morgan, Inc. Announce Binding Open Season for Western Gateway Pipeline
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Phillips 66 (NYSE: PSX) and Kinder Morgan, Inc. (NYSE: KMI) today announced the commencement of a binding open season for transportation service on the Western Gateway Pipeline (Western Gateway), a newly proposed refined products pipeline system. The Western Gateway project will facilitate the transportation of refined products from origin points...
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08.10.2025
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Phillips 66 Announces Quarterly Dividend
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The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.20 per share on Phillips 66 common stock. The dividend is payable on Dec. 1, 2025, to shareholders of record as of the close of business on Nov. 17, 2025. About Phillips 66 Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that ma...
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01.10.2025
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Phillips 66
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Phillips 66 provides update on Los Angeles Refinery operations
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Phillips 66 (NYSE: PSX) provided an update on its progress toward idling operations at its Los Angeles refinery in furtherance of the company’s efforts to redevelop these real estate sites. The final waterborne crude was received on Sept. 30, and the final crude processing date is expected to be around Oct. 16. The facility is executing a detail...
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17.09.2025
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Phillips 66
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Phillips 66 to announce third-quarter financial results
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Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Wednesday, Oct. 29, 2025, to discuss the company’s third-quarter 2025 financial results, which will be released earlier that day. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site, phillips66.com/investors. A replay of...
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16.09.2025
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ST Math Students Double Math Gains Through Phillips 66 Partnership: 10+ Years of Lasting Impact and Local Commitment
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Over 60,000 students have benefited from the math program built on how the brain naturally learns IRVINE, Calif., Sept. 16, 2025 /PRNewswire/ -- A new analysis shows that students using ST Math at Phillips 66-funded schools are achieving more than twice the annual growth in math performance compared to their peers. A recent analysis by MIND Resea...
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10.09.2025
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Phillips 66
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Phillips 66 names Sean Maher as Vice President of Investor Relations and Chief Economist; Jeff Dietert to Retire
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Phillips 66 (NYSE:PSX) announced today that Sean Maher has been appointed vice president of investor relations and chief economist, effective Oct. 1. Maher succeeds Jeff Dietert, who has elected to retire after eight years of service with the company. “We are pleased to have Sean step into this important role, bringing deep industry knowledge an...
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09.09.2025
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Phillips 66 announces agreement to purchase remaining interest in WRB Refining LP
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Phillips 66 (NYSE: PSX) announced today that it has entered into a definitive agreement to acquire the remaining 50% ownership interest in WRB Refining LP from subsidiaries of Cenovus Energy Inc. for total cash consideration of $1.4 billion, subject to customary purchase price adjustments. WRB Refining LP is a 50/50 joint venture between Phillip...
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25.07.2025
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Phillips 66
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Phillips 66 Reports Second-Quarter Results
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Phillips 66 (NYSE: PSX) announced second-quarter earnings. “Phillips 66 delivered strong financial and operating results across our integrated value chain, reflecting the continued execution of our strategy. During the quarter, Refining ran at the highest utilization since 2018, achieved its lowest cost per barrel since 2021, strong market captu...
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11.07.2025
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Phillips 66
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Phillips 66 Announces Quarterly Dividend
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The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.20 per share on Phillips 66 common stock. The dividend is payable on Sept. 2, 2025, to shareholders of record as of the close of business on Aug. 19, 2025. About Phillips 66 Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that m...
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19.06.2025
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Phillips 66 releases 2025 Sustainability and People Report
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Phillips 66 (NYSE: PSX) released its 2025 Sustainability and People Report today, demonstrating the company’s approach to helping supply the world’s growing energy needs while advancing projects to reduce emissions and foster growth. “This report showcases our achievements in 2024 and the dedication of our employees to our transformative strateg...
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11.06.2025
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Phillips 66
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Phillips 66 to announce second-quarter financial results
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Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Friday, July 25, 2025, to discuss the company’s second-quarter 2025 financial results, which will be released earlier that day. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site, phillips66.com/investors. A replay of t...
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10.06.2025
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Phillips 66 to Speak at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference
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Mark Lashier, chairman and CEO of Phillips 66 (NYSE: PSX), will participate in a fireside chat at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference at 10:55 a.m. ET on Tuesday, June 24, 2025. Also in attendance will be Kevin Mitchell, executive vice president and CFO, and Jeff Dietert, vice president of Investor Relations. T...
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© BusinessWire
21.05.2025
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Phillips 66
PSX

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Phillips 66 Updates Preliminary Results on Election of Directors
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Phillips 66 (NYSE:PSX) today updated the preliminary results for the election of directors at its annual meeting of shareholders held on May 21, 2025. Based on estimates by the company’s proxy solicitor, shareholders are expected to elect two Phillips 66 nominees and two Elliott Management nominees. Based on the preliminary results, the elected P...
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21.05.2025
ISIN: US7185461040

Phillips 66
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Elliott Announces Shareholders Vote for Change at Phillips 66
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Vote Outcome Represents Clear Mandate from Shareholders Newly Elected Directors Sigmund Cornelius and Michael Heim Will Work Constructively with Their Fellow Directors to Help Unlock the Company's Full Value-Creation Potential WEST PALM BEACH, Fla., May 21, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds...
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20.05.2025
ISIN: US7185461040

Phillips 66
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Elliott Director Nominees Send Letter to Phillips 66 Shareholders
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Independent Director Nominees Brian Coffman, Sigmund Cornelius, Michael Heim and Stacy Nieuwoudt Outline How Their Skills and Experiences Will Drive Positive Change at the Company Intend to Work Constructively with Incumbent Directors to Create Value for All Shareholders Elliott Urges Shareholders to Support Meaningful Board Change By Voting on t...
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© BusinessWire
19.05.2025
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Phillips 66
PSX

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Phillips 66 Issues Letter to Shareholders
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Phillips 66 (NYSE:PSX) today sent a letter to shareholders highlighting the key issues on the ballot at its Annual Meeting on May 21. The full text of the Independent Directors of the Board’s letter to shareholders follows: Dear Fellow Shareholders, As the Independent Directors of the Board of Phillips 66, it is our fiduciary duty to protect th...
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© BusinessWire
15.05.2025
ISIN: US7185461040

Phillips 66
PSX

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Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business
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Phillips 66 (NYSE:PSX) announced today that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak...
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© BusinessWire
13.05.2025
ISIN: US7185461040

Phillips 66
PSX

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Phillips 66 Issues Statement Following Glass Lewis and ISS Reports
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Phillips 66 (NYSE: PSX) today announced that it strongly disagrees with the recommendations issued by Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”). “We disagree with the recommendations issued by ISS and Glass Lewis,” said the Phillips 66 Independent Directors. “We remain committed to engaging with and list...
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© PR Newswire
13.05.2025
ISIN: US7185461040

Phillips 66
PSX

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Leading Proxy Advisory Firm ISS Recommends Phillips 66 Shareholders Vote for All Four of Elliott's Director Nominees
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ISS Validates Elliott's Case for Change and Recommends Nominees Brian Coffman, Sigmund Cornelius, Michael Heim and Stacy Nieuwoudt Notes Phillips 66's "Disappointing" Operating Performance, "Selective Disclosure, Unverifiable Claims About Various Operational Successes, and Ambiguous and Vague Responses to Otherwise Basic Questions" Cites the Boar...
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© BusinessWire
12.05.2025
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Phillips 66
PSX

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Phillips 66 to Host Annual Meeting of Shareholders
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Phillips 66 (NYSE:PSX) will host its 2025 Annual Meeting of Shareholders on Wednesday, May 21 at 8 a.m. CT in a virtual-only format via audio webcast. Pre-registration by Tuesday, May 20 at 8 a.m. CT is required to attend the meeting. To pre-register for the meeting, visit cesonlineservices.com/psx25_vm and use the 16-digit control number include...
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© PR Newswire
10.05.2025
ISIN: US7185461040

Phillips 66
PSX

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Glass Lewis Recommends Shareholders Support Elliott's Case for Urgent Board Change at Phillips 66
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Glass Lewis Recognizes Need for Independent Perspectives in the Phillips 66 Boardroom and Recommends Support for Elliott Director Nominees Brian Coffman, Sigmund Cornelius and Michael Heim Concludes Elliott Has Presented a More Compelling Case By a "Relatively Decisive Margin" and Phillips 66's Underperformance and Poor Governance Should be of "...
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© BusinessWire
09.05.2025
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Phillips 66
PSX

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Phillips 66 Provides Statement of Critical Facts
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Phillips 66 (NYSE:PSX) today provided investors with important information to make fully informed voting decisions at the Phillips 66 Annual Meeting on May 21, 2025. This overview is intended to ensure investors understand the facts on these critical topics as they assess how to cast their upcoming vote. Reliable, Long-Term Value Creation Since...
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© PR Newswire
06.05.2025
ISIN: US7185461040

Phillips 66
PSX

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Elliott Management Presents the Choice for Phillips 66 Shareholders
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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 fu...
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05.05.2025
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Phillips 66
PSX

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Elliott Fails to Address Key Investor Questions
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Phillips 66 (NYSE: PSX) today responded to a May 2 letter released by Elliott Management. The Company has issued the following statement: In its letter, Elliott attempted to rebut a number of reasonable questions Phillips 66 raised in its April 24 letter to shareholders. Our letter encouraged shareholders to scrutinize the facts of this situation...
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© PR Newswire
02.05.2025
ISIN: US7185461040

Phillips 66
PSX

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Elliott Sends Letter to Shareholders Detailing Phillips 66's Broken Corporate Governance and Disingenuous Shareholder Engagement
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Asserts that the Company's Current Directors Have Allowed a Culture of Complacency and Deference to Management to Take Root in the Boardroom Debunks Phillips 66's Misleading Claims    Urges Shareholders to Help Phillips 66 Unlock its Full Value-Creation Potential by Voting on the Gold Card for Elliott's Four Independent Nominees WEST PALM BEACH,...
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© PR Newswire
30.04.2025
ISIN: US7185461040

Phillips 66
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Elliott Releases Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Director Nominee Michael Heim
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Episode With Mr. Heim, A Founder of Targa Resources, Features Perspectives on Phillips 66 Operations and Value-Unlocking Options for the Company's High-Quality Assets Visit Streamline66.com to Subscribe to the Podcast and Learn About Elliott's "Streamline 66" Campaign at Phillips 66 WEST PALM BEACH, Fla., April 30, 2025 /PRNewswire/ -- Elliott I...
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© PR Newswire
29.04.2025
ISIN: US7185461040

Phillips 66
PSX

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Elliott Management Releases Investor Presentation on Phillips 66
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Highlights Path to Unlocking Substantial Upside By Reversing Company's Cycle of Underperformance  "Streamline 66" Plan Would Transform Phillips 66 Through Board Enhancements, Operational Improvements and Portfolio Simplification Click Here to Download the Full Presentation WEST PALM BEACH, Fla., April 29, 2025 /PRNewswire/ -- Elliott Investment...
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28.04.2025
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Phillips 66
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Phillips 66 Files Investor Presentation Highlighting Proven Strategy, Board Strength and Path for Shareholder Value Creation
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Phillips 66 (NYSE:PSX) (the “Company”) today filed an investor presentation with the U.S. Securities and Exchange Commission in connection with its upcoming Annual Meeting of Shareholders on May 21, 2025. In conjunction with the presentation, Phillips 66 published two new videos that showcase the skills and experiences the Company’s two new Board...
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25.04.2025
ISIN: US7185461040

Phillips 66
PSX

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Phillips 66 Reports First-Quarter Results
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Phillips 66 (NYSE: PSX), a leading integrated downstream energy provider, announced first-quarter earnings. “Our results reflect not only a challenging macro environment, but also the impact from one of our largest-ever spring turnaround programs, managed safely, on-time and under budget. Our assets, not impacted by planned maintenance, ran well,...
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24.04.2025
ISIN: US7185461040

Phillips 66
PSX

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Independent Directors of Phillips 66 Issue Letter to Investors and Their Stewardship Teams
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Phillips 66 (NYSE:PSX) today sent a letter from the Independent Directors of the Board to the Company’s shareholders and to independent proxy advisors, particularly those involved in assessing corporate governance topics. In conjunction with today’s letter, Phillips 66 published a new video to phillips66delivers.com. The video provides shareholde...
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© PR Newswire
22.04.2025
ISIN: US7185461040

Phillips 66
PSX

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Elliott Releases Fourth Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Director Nominee Sigmund Cornelius
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Discussion Focuses on His Significant Experience at ConocoPhillips and Importance of Evaluating Opportunities to Realize Full Value of Phillips 66's Assets Visit Streamline66.com to Subscribe to the Podcast and Learn About Elliott's "Streamline 66" Campaign at Phillips 66 WEST PALM BEACH, Fla., April 22, 2025 /PRNewswire/ -- Elliott Investment Ma...
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21.04.2025
ISIN: US7185461040

Phillips 66
PSX

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Phillips 66 Announces Increase in Quarterly Dividend
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The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.20 per share on Phillips 66 common stock, representing a $0.05 increase. The dividend is payable on June 2, 2025, to shareholders of record as of the close of business on May 19, 2025. “We are pleased to announce an increase in our quarterly dividend, reflec...
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21.04.2025
ISIN: US7185461040

Phillips 66
PSX

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Phillips 66 Issues Letter to Shareholders
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Phillips 66 (NYSE:PSX) today sent a letter to shareholders highlighting valuable information for shareholders to make an informed voting decision at Phillips 66’s upcoming Annual Meeting on May 21, 2025. The letter: Highlights the Board’s approach to independently representing shareholders and delivering consistent and compelling value; Demons...
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17.04.2025
ISIN: US7185461040

Phillips 66
PSX

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Elliott Releases Bonus Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Partner John Pike
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Discussion Covers Elliott's Engagement with Phillips 66 and the Path to Unlocking Significant Value at the Company Visit Streamline66.com to Subscribe to the Podcast and Learn About Elliott's "Streamline 66" Campaign at Phillips 66 WEST PALM BEACH, Fla., April 17, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages...
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16.04.2025
ISIN: US7185461040

Phillips 66
PSX

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Elliott Releases Third-Party Survey Results Finding That Phillips 66 Shareholders Rank the Company Last in Operations, CEO Effectiveness and Value Creation
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Third-Party Findings Are Based on Feedback From Phillips 66 Investors Representing More Than 60% of the Company's Institutional Shares Outstanding Shareholders Do Not Believe the Company's Strategy or Conglomerate Structure Make Sense WEST PALM BEACH, Fla., April 16, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), w...
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15.04.2025
ISIN: US7185461040

Phillips 66
PSX

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Elliott Releases Second Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Director Nominee Stacy Nieuwoudt
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Episode with Ms. Nieuwoudt, Former Energy and Industrials Analyst at Citadel, Features Discussion on the Value of Bringing an Investor Mindset and Her Deep Industry Expertise to the Boardroom Visit Streamline66.com to Learn About Elliott's Campaign at Phillips 66 and Subscribe to the Podcast WEST PALM BEACH, Fla., April 15, 2025 /PRNewswire/ -- E...
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09.04.2025
ISIN: US7185461040

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Phillips 66 Sets the Record Straight on Gregory J. Goff’s Relationship with Elliott Management
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Phillips 66 (NYSE:PSX) (the “Company”) today responded to a letter released by Gregory J. Goff to Phillips 66 Shareholders. The Board of Phillips 66 has issued the following statement: “Gregory Goff is clearly affiliated with Elliott Management. As of this morning, he remains featured as CEO of Amber Energy, an entity that Elliott has backed in i...
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09.04.2025
ISIN: US7185461040

Phillips 66
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Veteran Energy Executive Gregory Goff Backs Elliott's Plan to Unlock Value at Phillips 66
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Elliott Welcomes Support from Former Andeavor CEO Gregory Goff as It Seeks Strategic, Operational and Governance Improvements at Phillips 66 Learn More at Streamline66.com WEST PALM BEACH, Fla., April 9, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together are a top-five shareholder in Phillips 66...
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08.04.2025
ISIN: US7185461040

Phillips 66
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Elliott Launches "Streamline 66" Podcast Featuring 1:1 Conversations with Its Best-in-Class Director Nominees
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First Episode with Brian Coffman, Former CEO of Motiva, Features Refining Discussion Based on Over 40-Years of Industry Expertise Program Accessible on Apple, Spotify, YouTube and More Visit Streamline66.com to Learn About Elliott's Campaign at Phillips 66 and Subscribe to the New Podcast WEST PALM BEACH, Fla., April 8, 2025 /PRNewswire/ -- Ellio...
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08.04.2025
ISIN: US7185461040

Phillips 66
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Phillips 66 Files Definitive Proxy Statement and Issues Letter to Shareholders
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Phillips 66 (NYSE:PSX) today announced that it has filed its definitive proxy materials with the U.S. Securities and Exchange Commission in connection with its upcoming Annual Meeting of Shareholders on May 21, 2025. Shareholders of record as of the close of business on April 4, 2025 are entitled to vote at the meeting. In addition, the Board wro...
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03.04.2025
ISIN: US7185461040

Phillips 66
PSX

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Elliott Sends Letter to Shareholders and Mails Definitive Proxy Materials Outlining Why Board Change is Needed at Phillips 66
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Highlights Plan to Improve Performance, Strengthen Accountability and Increase Shareholder Value Identifies Slate of Four Highly Qualified Independent Director Candidates with Decades of Experience in Refining, Midstream Operations and Corporate Governance  More Information at Streamline66.com WEST PALM BEACH, Fla., April 3, 2025 /PRNewswire/ --...
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01.04.2025
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Phillips 66
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Phillips 66 completes acquisition of EPIC NGL
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Phillips 66 (NYSE:PSX) announced today the completion of its previously announced acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long-haul natural gas liquids pipelines, fractionation facilities and distribution systems (“EPIC NGL”) for total cash consideration of approximately $2.2 billion. “This tra...
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01.04.2025
ISIN: US7185461040

Phillips 66
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Phillips 66 to announce first-quarter financial results
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Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Friday, April 25, 2025, to discuss the company’s first-quarter 2025 financial results, which will be released earlier that day. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site, phillips66.com/investors. A replay of th...
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28.03.2025
ISIN: US7185461040

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A Letter From Independent Director Bob Pease to Phillips 66 Shareholders
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Phillips 66 (NYSE: PSX) today released the following letter from Independent Director Bob Pease to the Company’s shareholders: Shareholders of Phillips 66: I joined the Phillips 66 Board of Directors in February 2024. My appointment came as a result of an agreement between Elliott Management and Phillips 66. At the time, Elliott Management said...
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26.03.2025
ISIN: US7185461040

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Phillips 66 Files Preliminary Proxy Statement for 2025 Annual Meeting
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Phillips 66 (NYSE: PSX) today announced that it has filed its preliminary proxy materials with the U.S. Securities and Exchange Commission in connection with its upcoming 2025 Annual Meeting of Shareholders. In today’s filing, the Phillips 66 Board of Directors: Announces the nomination of two new candidates bringing critical financial and oper...
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© PR Newswire
25.03.2025
ISIN: US7185461040

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Elliott Takes Legal Action to Protect the Rights of Phillips 66 Stockholders
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Seeks an Order Requiring That Four Board Seats Be Up for Election at Phillips' 2025 Annual Meeting Asserts Company Has Demonstrated a Pattern of Gamesmanship and Poor Corporate Governance Requests Expedited Proceedings in Delaware Chancery Court  WEST PALM BEACH, Fla., March 25, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott")...
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05.03.2025
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Phillips 66 Issues Letter to Shareholders
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Phillips 66 (NYSE:PSX) (the “Company”) today issued the following letter to its shareholders. The Company values shareholder feedback and is fully committed to continuing open engagement with all shareholders. This has been consistently demonstrated and expressed over the course of nearly two dozen meetings with Elliott Investment Management (“Ell...
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04.03.2025
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Phillips 66 to speak at Piper Sandler 25th Annual Energy Conference
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Mark Lashier, chairman and CEO of Phillips 66 (NYSE: PSX), will participate in a fireside chat at the Piper Sandler 25th Annual Energy Conference at 1:50 p.m. ET on Tuesday, March 18, 2025. Lashier will discuss the company’s plans to continue advancing strategic priorities across its segments to deliver shareholder value and maintaining its ongoi...
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04.03.2025
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Elliott Announces Director Candidates for the Board of Phillips 66
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Elliott Has Nominated Seven Highly Qualified Candidates with Best-in-Class Experience in Refining and Midstream Operations, Capital Allocation, and Complex Transactions Files Preliminary Proxy and Submits Proposal to Annually Elect All Directors Full Materials Available at Streamline66.com WEST PALM BEACH, Fla., March 4, 2025 /PRNewswire/ -- Ell...
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12.02.2025
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Phillips 66 Announces Quarterly Dividend
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The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.15 per share on Phillips 66 common stock. The dividend is payable on March 5, 2025, to shareholders of record as of the close of business on Feb. 24, 2025. About Phillips 66 Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that m...
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© PR Newswire
11.02.2025
ISIN: US7185461040

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Elliott Sends Letter and Presentation to the Board of Phillips 66
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Highlights Need to Streamline Portfolio, Improve Operating Performance and Enhance Oversight Discloses a More Than $2.5 Billion Position Full Letter and Presentation Available at Streamline66.com WEST PALM BEACH, Fla., Feb. 11, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investm...
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31.01.2025
ISIN: US7185461040

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Phillips 66 Reports Fourth-Quarter Results and Announces Next Phase of Strategic Initiatives
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Phillips 66 (NYSE: PSX), a leading integrated downstream energy provider, announced fourth-quarter earnings. “During the fourth quarter, we achieved our strategic priority targets for shareholder distributions and asset dispositions,” said Mark Lashier, chairman and CEO. “We also delivered on our goal of improving Refining performance by continu...
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07.01.2025
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Phillips 66 to grow Permian midstream business with EPIC NGL acquisition
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Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems (“EPIC NGL”) for total cash consideration of $2.2 billion, subject to customary purcha...
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© BusinessWire
19.12.2024
ISIN: US7185461040

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Phillips 66 to speak at Goldman Sachs Energy, CleanTech & Utilities Conference
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Mark Lashier, chairman and CEO of Phillips 66 (NYSE: PSX), Kevin Mitchell, executive vice president and CFO, Don Baldridge, executive vice president of Midstream and Chemicals, and Jeff Dietert, vice president of Investor Relations, will participate in a fireside chat at the Goldman Sachs Energy, CleanTech & Utilities Conference at 10:20 a.m....
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18.12.2024
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Phillips 66 to announce fourth-quarter and full-year financial results
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Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Friday, Jan. 31, 2025, to discuss the company’s fourth-quarter and full-year 2024 financial results, which will be released earlier that day. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site, phillips66.com/investors....
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About the newsfeed
#1
What types of information are provided on this portal - and what purpose does it serve?
The portal provides structured, stock market-relevant company information that is specifically assigned to a particular economic sector. The focus is on current announcements from official NewsWire sources, supplemented by company profiles, filter options by sector and sector-specific research aids. The aim is to offer an interested group of people a systematically structured research environment that improves their understanding of sector developments and corporate strategies.
#2
Why are companies categorized according to a certain system?
Financial markets consist of thousands of listed companies with very different business models. In order to create transparency and comparability, companies worldwide are assigned to standardized classifications. These classifications help investors to better analyze markets, identify sector-specific trends and make more targeted investment decisions.
#3
What classification standards exist for grouping companies?
There are various industry classifications that are used depending on the region or application. The best known include GICS (Global Industry Classification Standard), ICB (Industry Classification Benchmark), NAICS (North American Industry Classification System) and TRBC (Thomson Reuters Business Classification). Most institutional investors and ETFs worldwide use GICS or ICB as a benchmark.
#4
What classification standard is this financial information portal based on?
The portal uses the Global Industry Classification Standard (GICS), which was jointly developed by MSCI and S&P Dow Jones Indices. GICS is widely used in the institutional financial world and forms the basis for many global equity indices, ETFs and research systems.
#5
What exactly does GICS mean - and how is the system structured?
GICS stands for Global Industry Classification Standard. It is a hierarchical structure that divides listed companies worldwide into four levels: Sector, Industry Group, Industry Sector and Sub-Industry. In total, the system comprises 11 main sectors, over 60 industries and more than 150 sub-categories. It allows a consistent, internationally comparable analysis of economic activities.
#6
Why is GICS important in the financial world?
GICS offers a standardized language for investment decisions. It makes it possible to compare companies with similar business models - regardless of country, stock exchange or company size. Many investment funds, indices and research houses use GICS as a basis for portfolio construction, risk analysis or market screening. This means that it also makes sense for private investors to use this structure as a guide.
#7
Who decides which GICS sector a company is assigned to?
The allocation is made by the index providers MSCI and S&P Dow Jones on the basis of a company's main business segment. The decisive factor is the segment from which the company generates the majority of its sales or operating profit. Changes in the business model or strategic realignments can lead to a company being assigned to a different industry or even a different sector.
#8
What is meant by the GICS sector "Materials"?

The GICS "Materials" sector comprises companies that are active in the production, processing or refinement of raw materials. This includes industries such as chemicals, building materials, paper & forest products and the entire metallurgical and mining industry. The sector is highly cyclical and is particularly sensitive to economic fluctuations and changes in global demand.

#9
Which companies typically belong to the Materials sector?
Typical representatives are international groups from the areas of chemicals production (e.g. BASF), precious metal mining (e.g. Barrick Gold), building materials production (e.g. Heidelberg Materials) or industrial gases (e.g. Linde). The shares of these companies are often heavily dependent on commodity prices and play a central role in industrial value chains.
#10
Where does the company news on this page come from?
The news is based on verified and publicly available sources such as BusinessWire, GlobeNewswire, PR Newswire, EQS, Newsfile, ACCESSNewswire and other NewsWire services. These platforms are used by listed companies to publish mandatory ad hoc announcements, financial reports or strategic developments. All content is prepared in a structured manner and, if a corresponding categorization is possible, brought together in industry-specific clusters.
#11
How is the sector-specific mapping of messages carried out?
Categorization is based on structured metadata (e.g. ISIN, ticker, sector classification) and a combination of keyword analysis and GICS mapping. This ensures that all news is assigned to the correct sector and - if available - the correct sub-sector.
#12
Why is the materials sector particularly interesting for investors?
The Materials sector is closely linked to global industrial production and offers both cyclical growth opportunities and hedging opportunities against inflation and raw material shortages. In addition, many companies in this sector play a key role in future topics such as electromobility, the energy transition and sustainable building materials.
#13
What distinguishes this project from traditional financial information portals?
In contrast to generic portals, this project focuses exclusively and specifically on a particular sector. The advantage for interested investors: Sector-specific information, news, market movements and company profiles can be filtered and analyzed in a more targeted manner. This enables more in-depth research and greater relevance for thematic investment decisions.
#14
Are smaller companies also represented here or only large corporations?
The newsfeed takes into account both large caps and mid and small caps. As a clear mapping criterion is required in order to enable the most precise possible allocation to a cluster, the ISIN of the listed company is generally used for this purpose, provided that this can be made available or mapped via corresponding newsfeed parameters.
#15
How up-to-date are the displayed messages?
The content is updated regularly. The publication follows the publications of the information source, the NewsWire feeds of the underlying distributors. Incoming reports are automatically processed, classified and displayed on the page. Timestamps and source information ensure maximum transparency.
#16
Can I also filter the news by sub-sector?
Yes, this is a central feature of the site. Within a main sector, you can filter specifically for sub-sectors such as "Metals & Mining". For particularly popular industries or developments within a meta-sector, it is possible to deviate from standard clusters. Special categories with particular information value enable thematic analyses to be carried out even more precisely.
#17
Are there plans to process other metasectors in a similar way?
Yes, this financial information portal is part of an extensive project in which separate information portals are being created for all the main sectors. The aim is to provide investors with a systematic, sector-based research tool - regardless of index affiliation or provider perspective.
#18
Why do companies publish announcements via NewsWire services at all?
NewsWire services such as BusinessWire or PR Newswire fulfill a regulatory function: they enable companies to publish price-sensitive information publicly and without discrimination. In many countries, the use of such services is a prerequisite for fulfilling publication obligations under capital market law. They also enable companies to reach the media, analysts and investors in a targeted manner.
#19
Can private or inactive companies also appear in such notifications?
Generally not. The platform focuses exclusively on listed companies whose disclosures are based on regulatory requirements or corporate strategy measures. Although private or unlisted companies occasionally publish announcements, these are not systematically processed or classified here.
#20
What happens when a company changes its business model - does its sector classification also change?
Yes, as a rule - but not automatically. The responsible classification institutes (e.g. MSCI and S&P for GICS) regularly check the relevance and consistency of the classifications. If there is a significant change in a company's sales or profit profile, it may be reclassified to a different industry or even a different sector. This usually takes place after fixed review cycles or upon request.
#21
How is it ensured that a company is correctly categorized if it is active in several business areas?
The categorization is based on the dominant sales segment. If a company is active in several sectors but generates 70% of its turnover with chemical products, for example, it is assigned to the GICS sector "Materials" - even if it also has activities in the energy or transportation sector. In borderline cases, additional qualitative assessment criteria apply.
#22
Are there any legal risks in the further use of the displayed content?
The content comes from public sources, but is partially subject to copyright protection - particularly with regard to text structure and layout. The excerpts and links provided on this portal are made within the scope of permitted use (e.g. right to quote or editorial processing). However, commercial use by third parties is not permitted without the express permission of the original providers.
#23
Who can I contact if I have general questions or legal concerns?
A central contact point is available for general inquiries, information on company recordings, compliance issues or copyright-relevant aspects. In rare cases, for example in the case of erroneously published information or justified requests for deletion, a review and, if necessary, removal from the public feed can take place. Please only use the official contact option in the legal notice or at the bottom of the page.
#24
Is advertising or third-party content also displayed on the portal?
Yes, in defined areas the portal can display advertising content or product-specific information from third parties - for example on sector-related financial services, research offers or trading platforms. This content is clearly marked as advertising or partner information and is separate from the editorial or automatically processed company news.
#26
Can I give feedback on the platform or submit suggestions?
Absolutely - feedback is expressly welcome. The platform is an open information service that is continuously being developed. Comments on functionality, data quality, usability or thematic extensions help to optimize the service for the benefit of users. You can submit your suggestions informally via the contact page or special feedback forms.
#27
I am an information provider - can I cooperate with the portal?
Yes, the portal is open to content-related, technical or editorial cooperation, provided that this contributes to the quality, relevance or dissemination of the offering. If you offer content, interfaces or services that could be useful in the context of stock market-related information, we would be pleased to hear from you. The platform offers flexible integration options and a professional environment for quality-assured content.
#28
Can the platform technology also be used for other applications or partners?
Yes, the platform is based on a modular, scalable infrastructure that can be adapted to different information contexts and industry models. Technical components such as data aggregation, structuring logic, classification mechanisms and semantic filters can also be made available for external projects or individual applications on request. Please contact us for cooperation or license models.
#29
Can the underlying company data also be licensed or reused?
Structured access to selected master data of listed companies - such as GICS mapping, ISIN mapping, news feeds or metadata filters - is generally possible. The offer is aimed in particular at information service providers, research platforms or data-driven financial applications. Data can be provided via defined interfaces (e.g. API) or exportable formats, depending on the intended use and license framework.
#30
What forms of cooperation with external partners are conceivable?
Basically open. Possible forms of cooperation range from technical integrations and shared data models to content syndication or white label solutions. Partnerships with institutions that are looking for access to quality-assured data, dynamically structured news or sector-specific analyses - for example in the FinTech, media or research environment - are particularly interesting. We look forward to hearing from business development or product management departments.
#31
Why does this portal differ technically and conceptually from other information offerings?
Because no one from outside the industry is trying to understand the financial market here - but because the know-how comes from the heart of the financial world. The technical platform was developed by a team that combines in-depth market knowledge with innovative system design. The result: information architecture with real relevance, not shop window technology.
#32
What makes the technical solution particularly interesting for operators of their own financial portals?
In addition to high adaptability, the platform impresses with its modular structure and the consistent implementation of industry-specific logic - from GICS mapping to metadata filtering. For providers who operate their own information portals, sector-specific data structures, news feeds or visualizations can be quickly integrated on this basis - either as a white label, API module or embedded solution.
#33
Why can a collaboration go beyond traditional development services?
Because we don't just program, we think: The technological implementation is based on a deep understanding of market cycles, regulations, data formats and investor needs. Anyone who cooperates with this platform benefits from a sparring partner at eye level - both technically and professionally. This creates added value that goes far beyond pure IT expertise.
#34
Note on copyright and the processing of original content
The corporate news presented on this information portal is based on publicly accessible sources such as BusinessWire, GlobeNewswire, PR Newswire or comparable news services. The content is processed as part of an automated or editorially supported structuring process without changing, shortening or reinterpreting the content of the original information. This is so-called "as is" information, the form and content of which corresponds to the originally published announcement. The rights to the original texts remain unrestrictedly with the respective publishers or copyright holders. This portal merely assumes a structural categorization and allocation within the framework of a news-journalistic offer. Independent commercial reuse, systematic reproduction or other use of the content by third parties is only permitted within the framework of the statutory provisions or with the consent of the copyright holder.
About GICS Energy
GICS Energy is part of the GICS Eleven information portfolio, which focuses primarily on information from listed companies in the health sector. The sector classification serves as a guide to navigate quickly and conveniently through the latest industry-specific news. Individual peer group clusters complement the news offering.
About GICS Eleven

GICS Eleven (G11, GICS11) bundles topic-specific content and enables quick access to relevant information thanks to its gate function. The project is largely based on the Global Industry Classification Standard (GICS®), which was developed by MSCI and Standard & Poor's and enables a breakdown into sectors. GICS® consists of 11 sectors, 24 industry branches, 69 industries and 158 sub-industries.

GICS® is a registered trademark of MSCI Inc. and S&P Dow Jones Indices.

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