The latest trading day saw Phillips 66 (PSX) settling at $138.09, representing a +0.09% change from its previous close.
Phillips 66 (NYSE:PSX ) J.P. Morgan 2024 Energy, Power & Renewables Conference June 18, 2024 10:55 AM ET Company Participants Mark Lashier - Chairman & CEO Conference Call Participants John Royall - J.P.
Phillips 66's (PSX) sale of its equity interest in the Rockies Express Pipeline is part of its commitment to deliver a value of more than $3 billion from asset divestitures.
Phillips 66 has an impressive portfolio of assets with growth drivers such as renewable energy and DCP midstream. Refineries are a remarkably volatile market, but the company is still targeting strong growth in its mid-cycle EBITDA. Overall, Phillips 66 is a valuable investment with a strong ability to pay dividends and repurchase shares.
U.S. oil refiner Phillips 66 said on Friday it would sell its 25% stake in the Rockies Express Pipeline (REX) for about $1.28 billion, including debt, to a subsidiary of Tallgrass Energy.
In the most recent trading session, Phillips 66 (PSX) closed at $137.67, indicating a +1.22% shift from the previous trading day.
Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This makes the company?
Phillips 66 PSX announced a binding open season for shipper commitments for services on its Blue Line System.
Phillips 66, a leading energy company, has announced that its subsidiary, Phillips 66 Pipeline, LLC, is initiating a binding open season to solicit shipper commitments for services on its Blue Line System. This pipeline transports propane and butane from Wichita, KS, to Jefferson City, MO, and East St. Louis, IL.
Phillips 66 (PSX) announces the launch of a 30-day open season for the Blue Line System, inviting shippers to secure long-term LPG transport services between Kansas, MO, and Illinois.
With the inclusion of Phillips 66 (PSX) and Energy Transfer (ET), PSP's efforts are expected to amplify its positive impacts on the Permian Basin.
Recently, Zacks.com users have been paying close attention to Phillips 66 (PSX). This makes it worthwhile to examine what the stock has in store.