Phillips 66 (PSX) Increases Despite Market Slip: Here's What You Need to Know
The latest trading day saw Phillips 66 (PSX) settling at $113.93, representing a +1.73% change from its previous close.
Phillips 66: Bottom Fishing At The Bottom Of The Refining Cycle (Rating Upgrade)
The near term outlook for refining is poor. However, it appears that the market is approaching a bottom as several refineries close globally. Each of these closures should improve profitability at neighboring PSX facilities, as well as improving the refining market on a macro level. At the bottom of this current cycle, PSX is expected to divest $2 billion worth of assets that what I find to be very attractive multiples.
Phillips 66 Sets $3B 2025 Capital Program Focused on Growth
PSX plans $3B in capital investments for 2025, focusing on key growth areas such as refining, midstream, renewable fuels and joint venture investments to drive long-term shareholder value.
Phillips 66 (PSX) Ascends But Remains Behind Market: Some Facts to Note
Phillips 66 (PSX) reachead $110.48 at the closing of the latest trading day, reflecting a +0.1% change compared to its last close.
Phillips 66 Optimizes Portfolio With $865M Pipeline Sale
PSX surpasses its $3B asset sale goal by selling a pipeline stake for $865M, highlighting its focus on portfolio optimization and shareholder value.
Why Phillips 66 (PSX) Dipped More Than Broader Market Today
The latest trading day saw Phillips 66 (PSX) settling at $115.83, representing a -0.4% change from its previous close.
This Magnificent Energy Stock Has Returned $43 Billion in Cash to Investors Since 2012 (and There's Plenty More to Come in 2025 and Beyond)
Phillips 66 (PSX -5.24%) has done a magnificent job returning value to shareholders since its spinoff from ConocoPhillips in 2012. The integrated downstream energy company has returned an impressive $43 billion in cash to its shareholders over the past dozen years.
Phillips 66 (PSX) Stock Declines While Market Improves: Some Information for Investors
Phillips 66 (PSX) closed the most recent trading day at $125.33, moving -0.23% from the previous trading session.
Phillips 66 to Power San Francisco Refinery With Solar Energy
PSX partners with NEE to develop a new solar facility that should help its refinery in Rodeo, CA, reduce its grid power demand by almost 50%.
Phillips 66 teams with NextEra to power California refinery with solar energy
Phillips 66 will power its refinery in Rodeo, California with a new solar facility owned and operated by electrical utility NextEra Energy , the refiner said on Tuesday.
Why Phillips 66 (PSX) Dipped More Than Broader Market Today
In the latest trading session, Phillips 66 (PSX) closed at $129.83, marking a -0.59% move from the previous day.
Here's Why Retain Strategy is Apt for Phillips 66 Stock Now
PSX focuses more on businesses like midstream, renewables and chemicals, which stabilizes the company's business model.
