Wolfe Research upgraded Phillips 66 from Peer Perform to Outperform and set a new price target of $143.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/28/2025 | $127.00 → $114.00 | Buy | TD Cowen |
| 3/27/2025 | $132.00 | Buy → Neutral | Goldman |
| 1/3/2025 | $143.00 | Peer Perform → Outperform | Wolfe Research |
| 10/17/2024 | $156.00 | Buy | BofA Securities |
| 9/11/2024 | $162.00 → $150.00 | Buy | TD Cowen |
| 7/31/2024 | $155.00 → $162.00 | Buy | TD Cowen |
| 7/18/2024 | Peer Perform | Wolfe Research | |
| 6/21/2024 | $164.00 → $155.00 | Buy | TD Cowen |
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 – namely, Elliott's expectation of director loyalty, its conflicting competitive interests, its misleading disclosures and its preference for theatrics over transparency, strong corporate governance and good-faith engagement with Phillips 66. Elliott's 5,886 word letter failed to substantively resolve the core issues we raised. Instead of addressi
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, Fla., May 2, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips 66 (NYSE:PSX) (the "Company" or "Phillips"), today sent a letter to the Company's shareholders highlighting the continuous poor corporate governance and disingenuous shareholder engagement that
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 Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips 66 (NYSE:PSX) (the "Company" or "Phillips"), today released the fifth episode of the Streamline 66 Podcast. The series features 1:1 conversations with Elliott's highly qualified director nominees, as well as industry experts.
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 Management L.P. ("Elliott"), which manages funds that together make it a top five shareholder in Phillips 66 (NYSE:PSX) (the "Company" or "Phillips"), today released the fourth episode of the Streamline 66 Podcast. The series features 1:1 conversations with Elliott's highly qualified director nominees ("Nominees" or "Nominee"), as well as industry expe
DALLAS, April 14, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ:BRY) ("Berry" or the "Company") today announced the appointment of Jenarae Garland as Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer, effective immediately. Ms. Garland brings with her a wealth of industry experience, having served as a key strategic legal partner to executive leadership teams and boards of major energy corporations, including advising on capital markets and commercial and strategic transactions. Fernando Araujo, Berry's Chief Executive Officer, commented, "We are excited to welcome Jenarae to our executive leadership team during this pivotal time for our business
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/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top five shareholder in Phillips 66 (NYSE:PSX) (the "Company" or "Phillips"), today announced the launch of the Streamline 66 Podcast, a new series that will feature 1:1 conversations with Elliott's highly qualified director nominees ("Nominees" or "Nominee"), as w
SC 13G/A - Phillips 66 (0001534701) (Subject)
SC 13G/A - Phillips 66 (0001534701) (Subject)
SC 13G/A - Phillips 66 (0001534701) (Subject)
DEFA14A - Phillips 66 (0001534701) (Filer)
DEFA14A - Phillips 66 (0001534701) (Filer)
DEFA14A - Phillips 66 (0001534701) (Filer)
4 - Phillips 66 (0001534701) (Issuer)
4 - Phillips 66 (0001534701) (Issuer)
4 - Phillips 66 (0001534701) (Issuer)
4 - Phillips 66 (0001534701) (Issuer)
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 – namely, Elliott's expectation of director loyalty, its conflicting competitive interests, its misleading disclosures and its preference for theatrics over transparency, strong corporate governance and good-faith engagement with Phillips 66. Elliott's 5,886 word letter failed to substantively resolve the core issues we raised. Instead of addressi
Outlines strong operational and financial performance driven by the Company's transformative strategy Warns that Elliott's high-risk proposals are misleading, based on flawed analysis and threaten long-term shareholder value Underscores the valuable skills and experiences Phillips 66's Board and nominees have to drive shareholder value creation, superior to those of Elliott's nominees 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 an
Reported first-quarter earnings of $487 million or $1.18 per share; adjusted loss of $368 million or $0.90 per share; including $246 million of pre-tax accelerated depreciation on Los Angeles Refinery Returned $716 million to shareholders through dividends and share repurchases Received $2.0 billion in cash proceeds from the previously announced sales of non-operated equity interests in Coop Mineraloel AG and Gulf Coast Express Pipeline LLC Sanctioned construction of new gas processing plant in the Permian Recently closed on acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade LP Phillips 66 (NYSE:PSX), a leading integrated downstream energy provider, announced first-quarter earn
TD Cowen reiterated coverage of Phillips 66 with a rating of Buy and set a new price target of $114.00 from $127.00 previously
Goldman downgraded Phillips 66 from Buy to Neutral and set a new price target of $132.00
Wolfe Research upgraded Phillips 66 from Peer Perform to Outperform and set a new price target of $143.00