Latest News of PSX
Phillips 66 (PSX) Stock Forecasts
By Yahoo! Finance |
1 week ago
Phillips 66 is an energy company with segments in refining, marketing, chemicals, midstream, and renewable fuels. It has 14 refineries with 2.2 million barrels per day capacity, a 50% stake in CP Chem...
Phillips 66 (PSX) Q3 2024 Earnings Call Highlights: Strategic Moves and Financial Performance
By Yahoo! Finance |
2 weeks ago
Phillips 66 decided to idle the Los Angeles Refinery due to market pressures, declining demand, and policy shifts away from fossil fuels. The company expects a stronger balance sheet by year-end, driv...
Decoding Phillips 66 (PSX): A Strategic SWOT Insight
By Yahoo! Finance |
2 weeks ago
Phillips 66 (NYSE:PSX) reported decreased net income for Q3 2024 due to industry challenges. However, its diversified portfolio and strategic investments in renewable energy position the company for g...
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Phillips 66 ordered to pay $604.9m for misappropriating trade secrets
By Yahoo! Finance | 3 weeks agoPhillips 66 ordered to pay $604.9m in damages for stealing Propel Fuels' trade secrets, enhancing its renewable-fuel business. The court found Phillips 66 guilty of using confidential information unde...
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Phillips 66 to close California refinery days after Newsom signed oil law
By POLITICO | 4 weeks agoPhillips 66 is evaluating future property use near the Port of Los Angeles due to refinery sustainability concerns. Governor Newsom's gas price regulation aims to prevent spikes, but the oil industry ...
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Phillips 66 Sells Remaining Interesting in Coop Mineraloel Joint Venture -- Update
By MarketWatch | 1 month agoHouston-based oil refiner Phillips 66 is selling its 49% stake in Coop Mineraloel to its Swiss partner for $1.24 billion. This divestment aligns with their strategy to sell $3 billion in assets. The j...
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How To Earn $500 A Month From Phillips 66 Stock Ahead Of Q3 Earnings
By Yahoo! Finance | 1 month agoPhillips 66 is expected to report Q3 earnings of $2.1 per share, down from $4.63 last year, with revenue projected at $34.75 billion. Investors eyeing dividends can calculate shares needed for desired...
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Phillips 66 (NYSE:PSX) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
By Yahoo! Finance | 3 months agoPhillips 66's recent share price decline doesn't reflect its solid financials, highlighted by a 17% Return on Equity (ROE). The company's efficient profit generation and reinvestment strategies have l...
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Phillips 66 (PSX): Among the Best Stocks to Buy According to Navellier & Associates?
By Yahoo! Finance | 3 months agoNavellier & Associates, led by Louis Navellier, selects top-growth stocks using quantitative and fundamental analysis. Phillips 66 (NYSE:PSX) ranks 10th in their list of recommended stocks, reflecting...
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How Much Will Phillips 66 Pay Out in Dividends This Year?
By Yahoo! Finance | 3 months agoPhillips 66 has shown commitment to rewarding shareholders with a 12% annual dividend growth rate. The company's strong cash flow and consistent dividend hikes make it an attractive choice for income ...
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With 76% ownership of the shares, Phillips 66 (NYSE:PSX) is heavily dominated by institutional owners
By Yahoo! Finance | 3 months agoAnalyzing ownership and analyst forecasts data for a stock like Phillips 66 (NYSE:PSX) offers insights into investment opportunities. Institutional investors hold 76% of shares, impacting stock perfor...
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Phillips 66 (PSX) Stock Price, News, Quote & History
By Yahoo! Finance | 3 months agoPhillips 66 is an energy company with segments in Midstream, Chemicals, Refining, and Marketing & Specialties. They transport, refine, and market petroleum products and chemicals globally, with headqu...
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Phillips 66 (PSX) Gains As Market Dips: What You Should Know
By Yahoo! Finance | 3 months agoPhillips 66 (PSX) closed at $138.47 with a +0.56% change, outperforming S&P 500. The upcoming earnings report on July 30, 2024, projects a decline in earnings and revenue....
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Phillips 66 Stock (NYSE:PSX): Geopolitical Flareups Point to Upside
By Yahoo! Finance | 3 months agoPhillips 66 (PSX) faces concerns over declining earnings and sales projections, making it seem overvalued. However, geopolitical tensions in the Middle East and Ukraine could benefit PSX stock by disr...
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Phillips 66 (NYSE:PSX) shareholders are still up 92% over 3 years despite pulling back 4.6% in the past week
By Yahoo! Finance | 4 months agoPhillips 66 (NYSE:PSX) shareholders saw a recent 19% share price drop but a 71% increase over 3 years. Analysts suggest assessing fundamentals to match the share price....