Phillips 66 (PSX) Stock Dips While Market Gains: Key Facts
In the most recent trading session, Phillips 66 (PSX) closed at $142.16, indicating a -1.43% shift from the previous trading day.
PSX Expands UK Footprint With Lindsey Refinery Asset Purchase
Phillips 66 agrees to buy the Lindsey Oil Refinery assets in the U.K., planning to integrate key infrastructure into its Humber operations to enhance the U.K.'s energy security.
Why U.S. oil refiners could be the big winners in Venezuela — even if its actual reserves disappoint
Refiners in the U.S. have the distinctive ability to handle the type of heavy crude Venezuela claims to have in abundance.
Phillips 66 (PSX) Presents at Goldman Sachs Energy, CleanTech & Utilities Conference Transcript
Phillips 66 (PSX) Presents at Goldman Sachs Energy, CleanTech & Utilities Conference Transcript
Phillips 66 (PSX) Moves 7.2% Higher: Will This Strength Last?
Phillips 66 (PSX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Has Phillips 66 Stock Run Ahead of its Underlying Fundamentals?
PSX looks pricey on EV/EBITDA, but soft oil prices and growing midstream exposure could justify the premium.
Is Phillips 66's Midstream Push Building More Resilient Business?
PSX benefits as WTI trades below $59, while fee-based midstream revenues and growing focus on midstream and chemicals help shield the cash flows from crude volatility.
Phillips 66 (PSX) Beats Stock Market Upswing: What Investors Need to Know
The latest trading day saw Phillips 66 (PSX) settling at $130.57, representing a +1.19% change from its previous close.
Will the Oil Price Environment Aid PSX's Refining Operations?
With WTI below $60 a barrel, Phillips 66 could benefit as a leading refiner buying cheaper crude, with soft oil prices expected to persist.
PSX, KMI Wrap Up Initial Open Season for Western Gateway Pipeline
Phillips 66 and Kinder Morgan plan the Western Gateway Pipeline in response to strong demand, redirecting and upgrading existing lines to transport refined fuel from Texas to California.
Phillips 66: A Strong Dividend Growth Idea
Phillips 66 closed on the WRB acquisition, solidifying a cost improvement in its refining business. The company's midstream business is now approaching scale to fully support all basic business needs. This segment now supports sustaining capital and dividend spending. The upside provided by refining and the petrochemical divisions provides ample cash to fund growth, buy back shares, and pay down debt.
Phillips 66 (PSX) Suffers a Larger Drop Than the General Market: Key Insights
In the most recent trading session, Phillips 66 (PSX) closed at $131.78, indicating a -6.88% shift from the previous trading day.
