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Phillips 66 ( (PSX) ) has provided an update.
On February 12, 2025, Phillips 66 announced that board members Gary K. Adams and Denise L. Ramos decided not to stand for reelection at the company’s 2025 Annual Meeting of Shareholders, as part of the board’s ongoing refreshment activities. Their departure will result in the reduction of the board size from 14 to 12 directors, effective immediately after the Annual Meeting, indicating a strategic shift but not due to any disagreements with company policies.
More about Phillips 66
Phillips 66 is a diversified energy manufacturing and logistics company, with operations centered in refining, marketing, and transporting petroleum products. The company focuses on delivering energy products and services that cater to the evolving needs of the market.
YTD Price Performance: 11.91%
Average Trading Volume: 3,116,846
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $52.88B
Find detailed analytics on PSX stock on TipRanks’ Stock Analysis page.
