Renewed Middle East tensions tighten refined product markets, putting Valero Energy, Phillips 66 and Par Pacific in focus as refining margins climb.
In the closing of the recent trading day, Phillips 66 (PSX) stood at $189.82, denoting a +1.07% move from the preceding trading day.

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Phillips 66 Announces Quarterly Dividend

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HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has declared a quarterly dividend of $1.27 per share on Phillips 66 common stock.
PXS could benefit from softer crude costs as renewed Middle East tensions keep traders cautious and refining margins in focus.
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PSX has surged almost 40%, but softer oil prices, midstream stability and rising 2026 earnings estimates may keep it attractive.
PSX may benefit from lower crude costs, diversified midstream and chemicals operations, and resilient refining demand in a softer oil-price backdrop.
PSX and PARR have rallied sharply over the past year, and softer crude prices may offer further support to their refining operations.
Phillips 66 and Halliburton have surged past the oil-energy sector, but softer crude prices and resilient business models may keep the momentum alive.
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It's always a good time to build a steady stream of dividend income.

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The latest trading day saw Phillips 66 (PSX) settling at $171.76, representing a +1.85% change from its previous close.
Phillip D. Glass Proudly Wears Commemorative Tennessee America 250 Shirt CHATTANOOGA, Tenn., June 25, 2026 /PRNewswire/ -- Tennessee American Water's Phillip D.
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