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Phillips 66 (PSX) concluded the recent trading session at $142.21, signifying a -0.21% move from its prior day's close.
Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” to discuss his latest trades.
Refining turnaround costs and higher input expenses are likely to have hurt Phillips 66's (PSX) Q2 earnings.
Phillips 66 (PSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Phillips 66 has been working to restore investor confidence after a historically bad year in 2020. The company has a clear plan for generating higher earnings and operating cash flow.
After a thorough competitive evaluation, Phillips 66 (PSX) selects Cohesity DataProtect to consolidate its data protection efforts into a single, unified platform.
The latest trading day saw Phillips 66 (PSX) settling at $138.64, representing a +1.26% change from its previous close.
Phillips 66 stock has declined by 23% since April due to concerns about the refining cycle and relative valuation. Despite recent weakness, Phillips 66 is the most diversified of the three large US refiners, aiming to generate the majority of EBITDA away from refining. Recent performance has been impacted by narrowing crack spreads, but signs of improvement in product demand and the Hurricane Season should support wider spreads.
HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has declared a quarterly dividend of $1.15 per share on Phillips 66 common stock.
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