PSX focuses more on businesses like midstream, renewables and chemicals, which stabilizes the company's business model.
Phillips 66 (PSX) reported earnings 30 days ago. What's next for the stock?
PSX has been indicted for allegedly dumping hundreds of thousands of gallons of oil-laden wastewater into Los Angeles' sewer system in 2020 and 2021.
The oil company was indicted on charges of dumping nearly 800,000 gallons of contaminated wastewater into the Los Angeles County sewer system.
Trump's win cements what we've been saying for months: You can forget about a hard landing or a soft landing—This economy is headed for no landing at all.
Favorable crack spread will aid refining margins of Phillips 66, Marathon Petroleum and Exxon Mobil.
These two dividend stocks and an ETF are packed with way more passive income potential than the S&P 500.
Phillips 66 (NYSE:PSX ) Q3 2024 Earnings Conference Call October 29, 2024 12:00 PM ET Company Participants Jeff Dietert - VP, IR Mark Lashier - Chairman & CEO Kevin Mitchell - CFO Don Baldridge - EVP,
U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite gaining more than 150 points on Tuesday.
PSX's Q3 earnings benefit from cost reduction, partially offset by lower contributions from the refining segment owing to declining realized margins.
HOUSTON--(BUSINESS WIRE)--Phillips 66, a leading integrated downstream energy provider, announced third-quarter earnings.
Investing in equal parts of these three dividend stocks produces an average yield of 4.8%.
Phillips 66 (PSX) concluded the recent trading session at $128.49, signifying a -0.49% move from its prior day's close.
Despite strong refining margins, lower crude prices and high turnaround costs are likely to have adversely impacted PSX's Q3 earnings.
Phillips 66 offers a 3.4% dividend yield and growth potential in EBITDA, making it a solid investment for passive income investors. The company is well-managed with a diversified downstream portfolio,
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