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Phillips 66 (NYSE:PSX) +1.2% in Wednesday's trading for its ninth consecutive daily gain, and Evercore ISI launched coverage ...
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Phillips 66 Optimizes Portfolio With $865M Pipeline SaleThe Energy Information Administration attributes this to increased industrial demand and refinery closures, including Phillips 66’s Los Angeles facility. This divestiture and cost optimization ...
"This transaction marks significant progress in delivering on our commitment of over $3 billion in divestitures," Phillips 66 CEO Mark Lashier said in a statement. The company said it would ...
The Phillips 66 Board has demonstrated an ability to consistently ... and together they have overseen more than $300 B in breakup or major divestiture transactions.
The transaction is expected to close in the second half of 2025. Phillips 66's divestiture comes amid a heated proxy battle with Elliott Investment Management, which secured a key endorsement ...
In December, Phillips 66 said it exceeded its $3 billion asset divestiture target as the company vowed to sell assets that did not fit with its long-term strategy. This content was created by Oil ...
Phillips 66 PSX has announced the sale of 49% of its non-operated equity interest in Coop Mineraloel AG as part of its commitment to deliver $3 billion in asset divestitures in 2024. The company ...
2 Notably, the Company’s Directors and nominees have overseen more than $300 billion in “breakup or major divestiture transactions. 3 Phillips 66 encourages shareholders to reach their own ...
In the first quarter of 2025 Phillips 66 exceeded a divestiture target of over $3 billion, meant to support its shareholder return target and other long-term priorities, with the receipt of $2 ...
Oct 14 (Reuters) - Phillips 66 (PSX.N), opens new tab will sell its 49% non-operated equity interest in Coop Mineraloel AG to its Swiss joint venture partner for $1.24 billion, the U.S. refiner ...
(Reuters) -Phillips 66 will sell its 49% non-operated equity interest in Coop Mineraloel AG to its Swiss joint venture partner for $1.24 billion, the U.S. refiner said on Monday. The joint venture ...
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