Phillips 66 (PSX)
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.
Phillips 66 to Close Los Angeles Refinery Due to Low Profits
PSX plans to shut its Los Angeles refinery by late 2025, citing market dynamics and lower profits, leaving California to face further fuel supply challenges.
Phillips 66 to Close Los Angeles Refinery in Fourth Quarter of 2025
The oil refiner said the unit's long-term sustainability is uncertain and affected by market dynamics.
Phillips 66 to cease operations at Los Angeles-area refinery
Phillips 66 said on Wednesday it plans to stop operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet consumer demand.
Phillips 66 to Offload 49% Stake in Coop Mineraloel to Swiss JV
PSX states that the proceeds from the sale of 49% of its non-operated equity interest in Coop Mineraloel will support its priorities, including shareholder returns.
Phillips 66 (PSX) Stock Falls Amid Market Uptick: What Investors Need to Know
Phillips 66 (PSX) concluded the recent trading session at $136.35, signifying a -0.05% move from its prior day's close.
