No matter how rapidly nations and companies push for carbon-neutral and alternative fuel initiatives, oil and gas stocks have a spot in investor portfolios. Current outlooks project higher oil pricing
Phillips 66 (PSX) closed at $127.16 in the latest trading session, marking a +1.55% move from the prior day.
HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast at noon ET on Wednesday, Jan. 31, 2024, to discuss the company's fourth-quarter financial results.
The budget aligns with Phillips 66's (PSX) strategic goal of returning $13-$15 billion to shareholders by the end of 2024.
Three energy stocks, Marathon (MPC), EOG Resources (EOG) and Phillips 66 (PSX), are well-poised to gain, though the oil pricing scenario, since the onset of the pandemic, looks extremely volatile.
Let's address the giant pink elephant in the room regarding oil stocks to buy: hydrocarbon prices are falling like a rock. According to a recent CNBC article, U.S. crude oil fell below $70 a barrel, c
The latest trading day saw Phillips 66 (PSX) settling at $124.62, representing a -0.3% change from its previous close.

The 3 Best Energy Stocks to Buy in December

02:30pm, Thursday, 07'th Dec 2023
Energy stocks lagged as the markets moved higher in the November rally. In 2023, the energy sector has underperformed in the S&P 500, with the Energy Select Sector SPDR Fund (NYSEARCA: XLE ) down 3% y
While macroeconomic concerns are currently driving crude oil prices lower, many remain bullish that another surge in oil prices could emerge from left field. Ahead of that, do you know which energy st
Activist investor Elliott Investment Management enters Phillips 66 with a $1 billion stake and proposes a strategic overhaul. Elliott identifies underperformance and operational lapses as key issues a

Elliott's Push at Phillips 66 Looks Familiar

07:30am, Monday, 04'th Dec 2023
The activist investor's suggestions for the energy company have a proven track record.

3 January Effect Stocks to Buy Right Now

04:22pm, Sunday, 03'rd Dec 2023
If you believe in the power of seasonal trends, the concept of The January Effect stocks might pique your interest. Fundamentally, the hypothesis suggests that at the beginning of the year, equities f
Many activists think of themselves as amicable and constructive, but that could actually be the case in this engagement at the petroleum refiner.
Phillips 66 (NYSE:PSX) shares jumped 6% to $129.30 in late-afternoon trading on Thursday, following a nearly 4% gain the session before, after activist investment firm Elliott Investment Management an
U.S. oil refiner Phillips 66 has retained two top financial and legal advisers for its duel with activist investor Elliott Investment Management, according to a person familiar with the matter.
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