Major stock indexes turned mostly higher and oil and gold futures advanced Monday as markets reacted to fighting in the Middle East.
HOUSTON--(BUSINESS WIRE)--Mark Lashier, chairman and CEO of Phillips 66, will participate in a fireside chat at the Morgan Stanley Energy & Power Conference.
Davis R M Inc. decreased its stake in Phillips 66 (NYSE: PSX) by 1.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 335,
Phillips 66 remains a buy, supported by refining modernization, midstream growth, and favorable crack spreads amid heightened geopolitical risk. PSX benefits from sourcing Venezuelan crude and widenin
PSX's diversified model may outshine CVE as soft oil prices pressure upstream earnings and reshape energy investment appeal.
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Raiffeisen Bank International AG increased its holdings in Phillips 66 (NYSE: PSX) by 74.8% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchang
Phillips 66 stands to gain as the EIA predicts falling crude prices through 2027, while its expanding midstream arm generates steady, fee-based cash flows.
U.S. refiners Phillips 66 and Citgo Petroleum are seeking to buy heavy crude directly from Venezuelan state oil company PDVSA starting in April to maximize profits, rather than purchasing through trad
Marathon Petroleum (NYSE: MPC) and Phillips 66 (NYSE: PSX) just reported fourth-quarter earnings that underscore why refiners are riding the energy sector's extraordinary run.
Insights from Paul Singer (Trades, Portfolio)'s Latest 13F Filing Paul Singer (Trades, Portfolio) recently submitted the 13F filing for the fourth quarter of 2
Phillips 66 PSX is trading at a trailing 12-month EV/EBITDA multiple of 13.25x, which is higher than the broader industry average of 5.13x. Valero Energy Corporation VLO and Par Pacific Holdings, Inc.
A glut of oil has sent the price of unrefined crude lower. Increased manufacturing and air travel are driving demand for refined fuels higher.
PSX could ride softer WTI prices as rising global inventories pressure crude, potentially boosting refining margins in 2026.
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, representing a $0.07 increase.
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