Wolfe Research upgraded Phillips 66 to Outperform from Peer Perform with a $143 price target. The company's recent share performance has dropped Phillips 66 share price below the Discounted Cash Flow
The latest trading day saw Phillips 66 (PSX) settling at $113.93, representing a +1.73% change from its previous close.
The near term outlook for refining is poor. However, it appears that the market is approaching a bottom as several refineries close globally. Each of these closures should improve profitability at nei
PSX plans $3B in capital investments for 2025, focusing on key growth areas such as refining, midstream, renewable fuels and joint venture investments to drive long-term shareholder value.
Phillips 66 (PSX) reachead $110.48 at the closing of the latest trading day, reflecting a +0.1% change compared to its last close.
HOUSTON--(BUSINESS WIRE)--Phillips 66 to speak at Goldman Sachs Energy, CleanTech & Utilities Conference.
PSX surpasses its $3B asset sale goal by selling a pipeline stake for $865M, highlighting its focus on portfolio optimization and shareholder value.
HOUSTON--(BUSINESS WIRE)--Phillips 66 will host a webcast at noon ET on Friday, Jan. 31, 2025, to discuss the company's fourth-quarter and full-year 2024 financial results.
The latest trading day saw Phillips 66 (PSX) settling at $115.83, representing a -0.4% change from its previous close.
Phillips 66 (PSX -5.24%) has done a magnificent job returning value to shareholders since its spinoff from ConocoPhillips in 2012. The integrated downstream energy company has returned an impressive $
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC for pre-tax total cash proceeds of $865 million.
Phillips 66 (PSX) closed the most recent trading day at $125.33, moving -0.23% from the previous trading session.
PSX partners with NEE to develop a new solar facility that should help its refinery in Rodeo, CA, reduce its grid power demand by almost 50%.
Phillips 66 will power its refinery in Rodeo, California with a new solar facility owned and operated by electrical utility NextEra Energy , the refiner said on Tuesday.
In the latest trading session, Phillips 66 (PSX) closed at $129.83, marking a -0.59% move from the previous day.
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