Phillips 66 (PSX) Up 9.2% Since Last Earnings Report: Can It Continue?
Phillips 66 (PSX) reported earnings 30 days ago. What's next for the stock?
Phillips 66 Faces $2.4M Fine for Alleged Oil Dumping in LA
PSX has been indicted for allegedly dumping hundreds of thousands of gallons of oil-laden wastewater into Los Angeles' sewer system in 2020 and 2021.
Phillips 66 Is Accused of Violating the Clean Water Act
The oil company was indicted on charges of dumping nearly 800,000 gallons of contaminated wastewater into the Los Angeles County sewer system.
Phillips 66 (PSX) Q3 2024 Earnings Call Transcript
Phillips 66 (NYSE:PSX ) Q3 2024 Earnings Conference Call October 29, 2024 12:00 PM ET Company Participants Jeff Dietert - VP, IR Mark Lashier - Chairman & CEO Kevin Mitchell - CFO Don Baldridge - EVP, Midstream and Chemicals Rich Harbison - EVP, Refining Brian Mandell, - EVP, Marketing and Commercial Conference Call Participants John Royall - JPMorgan Roger Read - Wells Fargo Neil Mehta - Goldman Sachs Ryan Todd - Piper Sandler Manav Gupta - UBS Matthew Blair - Tudor, Pickering, Holt Jason Gabelman - TD Cowen Doug Leggate - Wolfe Research Theresa Chen - Barclays Paul Cheng - Scotiabank Jean Ann Salisbury - Bank of America Joe Laetsch - Morgan Stanley Operator Welcome to the Third Quarter 2024 Phillips 66 Earnings Conference Call. My name is Emily, and I'll be your operator for today's call.
Gold Gains 1%; Phillips 66 Shares Fall After Q3 Results
U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite gaining more than 150 points on Tuesday.
Phillips 66 Q3 Earnings Beat Estimates, Revenues Decrease Y/Y
PSX's Q3 earnings benefit from cost reduction, partially offset by lower contributions from the refining segment owing to declining realized margins.
Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note
Phillips 66 (PSX) concluded the recent trading session at $128.49, signifying a -0.49% move from its prior day's close.
What's in Store for Phillips 66 This Earnings Season?
Despite strong refining margins, lower crude prices and high turnaround costs are likely to have adversely impacted PSX's Q3 earnings.
Phillips 66: 3.4% Yield, Consistent Dividend Growth, Cheap
Phillips 66 offers a 3.4% dividend yield and growth potential in EBITDA, making it a solid investment for passive income investors. The company is well-managed with a diversified downstream portfolio, focusing on cost reductions and asset dispositions to improve capital returns. Despite low refining margins, PSX has consistently grown its dividend since 2013, with a total increase of 238%.
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Earnings Preview: Phillips 66 (PSX) Q3 Earnings Expected to Decline
Phillips 66 (PSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note
Phillips 66 (PSX) concluded the recent trading session at $132.60, signifying a -0.56% move from its prior day's close.
