PSX Stock Recent News

Weaker refining margins, lower crude prices and increasing costs are likely to have adversely impacted PSX's Q1 earnings.

Discussion Focuses on His Significant Experience at ConocoPhillips and Importance of Evaluating Opportunities to Realize Full Value of Phillips 66's Assets Visit Streamline66.com  to Subscribe to the Podcast and Learn About Elliott's "Streamline 66" Campaign at Phillips 66 WEST PALM BEACH, Fla. , April 22, 2025 /PRNewswire/ -- Elliott Investment Management L.P.

HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has declared a quarterly dividend of $1.20 per share on Phillips 66 common stock.

HOUSTON--(BUSINESS WIRE)--Phillips 66 sent a letter to shareholders highlighting information for shareholders to make an informed voting decision at the Annual Meeting.

Phillips 66 is arguing that Elliott Investment Management should back down from its push to break up the energy company because the activist investor is conflicted from a separate effort to acquire one of Phillips 66's rivals, according to a letter seen by Reuters.

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.

Discussion Covers Elliott's Engagement with Phillips 66 and the Path to Unlocking Significant Value at the Company Visit Streamline66.com  to Subscribe to the Podcast and Learn About Elliott's "Streamline 66" Campaign at Phillips 66 WEST PALM BEACH, Fla. , April 17, 2025 /PRNewswire/ -- Elliott Investment Management L.P.

The latest trading day saw Phillips 66 (PSX) settling at $97.38, representing a +0.4% change from its previous close.

Phillips 66 (PSX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

HOUSTON--(BUSINESS WIRE)--Phillips 66 today responded to a letter released by Gregory J. Goff to Phillips 66 Shareholders.