Refiner Phillips 66 said on ​Friday its board of ‌directors had approved a $10 billion increase to its share ​repurchase program.
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced that the board of directors has approved a $10 billion increase to the share repurchase authorization.
Phillips 66 (PSX) closed the most recent trading day at $210.6, moving +1.83% from the previous trading session.
PSX heads into Q2 earnings with stronger estimates, softer crude costs and refinery strength, though its premium valuation raises the stakes.
Phillips 66 has completed a multi-year cup-and-handle breakout, targeting a substantial upside to $308.12. Dual-pattern technical confirmation and strong RSI momentum support the ongoing bullish run,
Shell and Phillips 66 are ‌working on a potential sale of their stakes in the company which owns the Explorer refined products pipeline, in a deal that could value the major piece of U.S. energy inf
Caxton Associates LLP lessened its position in Phillips 66 (NYSE: PSX) by 70.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission
As the war in Iran appears to be intensifying once again, the petroleum industry is facing renewed threats to production and supply after months of prior challenges.
Bank of Nova Scotia lowered its stake in shares of Phillips 66 (NYSE: PSX) by 35.3% in the undefined quarter, according to the company in its most recent disclosure with the SEC. The firm owned 94,725
Cetera Investment Advisers raised its stake in Phillips 66 (NYSE: PSX) by 8.5% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commiss
Refiner stocks are having a great year due to a global shortage of refining capacity.
Elliott Management's latest 13F filing exposes five positions spanning gold streamers to AI infrastructure, but not all of them still make sense to buy. One has already tripled expectations while anot
Phillips 66 (PSX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Does Phillips 66 (PSX) have what it takes to be a top stock pick for momentum investors? Let's find out.
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