2 Oil Stocks in Focus Amid Earnings, Investments
- The shares of energy giants BP plc (NYSE:BP) and Phillips 66 (NYSE:PSX) are moving in opposite directions this morning.
- 02/11/2025
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Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
- Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66 , and plans to push for operational changes as well as the sale of the company's midstream business.
- 02/11/2025
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Phillips 66 Q4 Earnings Top Estimates Despite Lower Refining Margin
- PSX aims to significantly lower refining costs over the next two years, driven by the Los Angeles Refinery shutdown and strategic efficiency improvements.
- 02/11/2025
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Elliott Sends Letter and Presentation to the Board of Phillips 66
- Highlights Need to Streamline Portfolio, Improve Operating Performance and Enhance Oversight Discloses a More Than $2.5 Billion Position Full Letter and Presentation Available at Streamline66.com WEST PALM BEACH, Fla. , Feb. 11, 2025 /PRNewswire/ -- Elliott Investment Management L.P.
- 02/11/2025
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Activist Elliott Management ramps up stake in Phillips 66 to $2.5 billion
- CNBC's Andrew Ross Sorkin reports on the latest news.
- 02/11/2025
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Elliott has reportedly increased its Phillips 66 stake. Here's its plan.
- Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in the energy space.
- 02/11/2025
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Activist Elliott builds over $2.5 billion stake in Phillips 66, WSJ reports
- Activist Elliott Investment Management has built an over $2.5 billion stake in Phillips 66 and plans to push the oil refiner to consider operational changes to boost its stock price, the Wall Street Journal reported on Monday.
- 02/10/2025
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The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead
- I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.
- 02/07/2025
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Phillips 66 Digital Transformation Analysis Report 2024: Accelerators, Incubators, and Innovation Programs
- Dublin, Feb. 04, 2025 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Phillips 66 2024" report has been added to ResearchAndMarkets.com's offering.
- 02/04/2025
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Phillips 66 (PSX) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- The headline numbers for Phillips 66 (PSX) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/03/2025
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ArcLight Announces $865 Million Acquisition of Strategic Pipeline Interest
- BOSTON , Feb. 3, 2025 /PRNewswire/ -- ArcLight Capital Partners, LLC and affiliates (collectively, "ArcLight") announced today that it has completed the acquisition of a 25% equity interest in Gulf Coast Express Pipeline LLC ("GCX") for $865 million from an affiliate of Phillips 66 (NYSE: PSX). Going forward, GCX will be jointly owned by subsidiaries of Kinder Morgan, Inc. (NYSE: KMI) and affiliates of ArcLight.
- 02/03/2025
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Phillips 66 (PSX) Q4 2024 Earnings Call Transcript
- Phillips 66. (NYSE:PSX ) Q4 2024 Earnings Conference Call January 31, 2025 12:00 PM ET Company Participants Jeff Dietert - VP, IR Mark Lashier - Chairman & CEO Kevin Mitchell - CFO Don Baldridge - EVP, Midstream and Chemicals Rich Harbison - EVP, Refining Brian Mandell - EVP, Marketing and Commercial Conference Call Participants Neil Mehta - Goldman Sachs Doug Leggate - Wolfe Research Theresa Chen - Barclays Manav Gupta - UBS Jean Ann Salisbury - Bank of America Roger Read - Wells Fargo John Royall - JPMorgan Jason Gabelman - TD Cowen Matthew Blair - Tudor, Pickering, Holt Paul Cheng - Scotiabank Ryan Todd - Piper Sandler Operator Welcome to the Fourth Quarter 2024 Phillips 66 Earnings Conference Call.
- 01/31/2025
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Phillips 66 Q4 Loss Narrower Than Expected, Revenues Top Estimates
- PSX Q4 earnings and revenues decline year over year due to lower contributions from its Refining and Chemical segment.
- 01/31/2025
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Phillips 66: Q4 Loss Worse Than Forecast
- Phillips 66 (PSX -1.07%), an energy company with a focus on the refining, midstream, and chemical sectors, released its fourth-quarter earnings results on Jan. 31. The company reported an adjusted loss per share of $0.15, significantly missing analysts' consensus expectation for a $0.03 loss.
- 01/31/2025
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Phillips 66 (PSX) Reports Q4 Loss, Tops Revenue Estimates
- Phillips 66 (PSX) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to earnings of $3.09 per share a year ago.
- 01/31/2025
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Phillips 66 reports smaller-than-expected fourth quarter loss
- Refiner Phillips 66 reported a smaller-than-expected loss on Friday.
- 01/31/2025
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Phillips 66 Reports Fourth-Quarter Results and Announces Next Phase of Strategic Initiatives
- HOUSTON--(BUSINESS WIRE)--Phillips 66, a leading integrated downstream energy provider, announced fourth-quarter earnings.
- 01/31/2025
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Top Wall Street Forecasters Revamp Phillips 66 Price Expectations Ahead Of Q4 Earnings
- Phillips 66 PSX will release its fourth-quarter financial results, before the opening bell, on Friday, Jan. 31, 2025.
- 01/31/2025
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What's in Store for Phillips 66 This Q4 Earnings Season?
- Weaker refining margins, lower crude prices and increasing costs are likely to have adversely impacted PSX's Q4 earnings.
- 01/28/2025
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Phillips 66 (PSX) Declines More Than Market: Some Information for Investors
- The latest trading day saw Phillips 66 (PSX) settling at $121.86, representing a -0.62% change from its previous close.
- 01/24/2025
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Analysts Estimate Phillips 66 (PSX) to Report a Decline in Earnings: What to Look Out for
- 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.
- 01/24/2025
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Phillips 66 (PSX) Beats Stock Market Upswing: What Investors Need to Know
- In the latest trading session, Phillips 66 (PSX) closed at $115.98, marking a +1.8% move from the previous day.
- 01/13/2025
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Cyclum NextGen Travel Centers Announces 76® Branding Agreement With Phillips 66 for Its Next Generation of Travel Centers
- CORNELIUS, N.C.--(BUSINESS WIRE)--Cyclum NextGen Travel Centers, an innovator in zero carbon fuels and the next generation in travel centers, is proud to announce a branding agreement with Phillips 66 and its iconic 76® brand. “This agreement strengthens our mission to lead in renewable fuel innovation,” said Brian Profitt, CEO of Cyclum. “By combining Phillips 66's fuel expertise with Cyclum's vision and plan for zero carbon energy, we're building a foundation to meet the growing demand for mu.
- 01/13/2025
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Phillips 66 Makes An Intelligent Acquisition Of EPIC NGL
- Phillips 66's $2 billion acquisition in the Permian Basin enhances midstream portfolio, expected to generate $280 million in EBITDA with synergies. The company doubled its midstream EBITDA over 3 years, providing reliable cash flow and mitigating downstream business volatility. Strategic priorities include maintaining low costs, disciplined growth, and expanding the renewable portfolio, with $12.5 billion in shareholder distributions since July 2022.
- 01/12/2025
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All It Takes Is $1,000 Invested in Each of These 3 High-Yield Dividend Stocks to Generate $112 in Passive Income in 2025
- The S&P 500 is just a few percentage points off a record high, sports a relatively expensive valuation, and is coming off back-to-back years of massive gains. But many energy stocks have inexpensive valuations and high yields, making them good buys for value and passive-income investors.
- 01/11/2025
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Why the Market Dipped But Phillips 66 (PSX) Gained Today
- Phillips 66 (PSX) closed at $115.19 in the latest trading session, marking a +0.02% move from the prior day.
- 01/07/2025
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Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL Deal
- PSX states that the EPIC NGL acquisition is expected to generate attractive returns for the company and be immediately accretive to its earnings per share.
- 01/07/2025
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EPIC Y-Grade Agrees to Sell Business for $2.20 Billion to Phillips 66
- HOUSTON--(BUSINESS WIRE)--EPIC Y-Grade, LP (“EPIC Y-Grade” or “the Company”) announced that it has entered into definitive agreements with Phillips 66 (NYSE: PSX) to sell its natural gas liquids (“NGL”) business for total cash consideration of $2.20 billion, subject to customary purchase price adjustments. EPIC Y-Grade owns long haul natural gas liquids pipelines and fractionation facilities that serve both the Permian and Eagle Ford basins. “EPIC has transformed its NGL business over the past.
- 01/07/2025
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Oil refiner Phillips 66 plans to acquire EPIC NGL in $2.2 bln deal
- U.S. oil refiner Phillips 66 said on Monday it will acquire EPIC Y-Grade GP and EPIC Y-Grade in an all-cash deal for $2.2 billion.
- 01/06/2025
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Phillips 66 to grow Permian midstream business with EPIC NGL acquisition
- HOUSTON--(BUSINESS WIRE)--Phillips 66 announced a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP for total cash consideration of $2.2 billion.
- 01/06/2025
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Natural Gas Could Rule The Energy World – 5 Dividend Paying Giants To Buy Now
- Since peaking at $10.02 in August 2022, natural gas has traded in a range that has bounced between $2.25 and $3.25 since February 2023.
- 01/03/2025
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Wolfe Research upgraded Phillips 66 to Outperform, sees 'no value' in refining
- Wolfe Research upgraded Phillips 66 to Outperform from Peer Perform with a $143 price target. The company's recent share performance has dropped Phillips 66 share price below the Discounted Cash Flow value of its portfolio as if refining did not exist, but for Phillips 66, a share price that has no value for refining means a margin recovery is a free option at current levels, the analyst tells investors in a research note. While a recovery in crack spreads remains a seasonal call, Wolfe does not anticipate margins significantly worsening from here, the firm adds.
- 01/02/2025
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Phillips 66 (PSX) Increases Despite Market Slip: Here's What You Need to Know
- The latest trading day saw Phillips 66 (PSX) settling at $113.93, representing a +1.73% change from its previous close.
- 12/31/2024
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Phillips 66: Bottom Fishing At The Bottom Of The Refining Cycle (Rating Upgrade)
- The near term outlook for refining is poor. However, it appears that the market is approaching a bottom as several refineries close globally. Each of these closures should improve profitability at neighboring PSX facilities, as well as improving the refining market on a macro level. At the bottom of this current cycle, PSX is expected to divest $2 billion worth of assets that what I find to be very attractive multiples.
- 12/25/2024
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Phillips 66 Sets $3B 2025 Capital Program Focused on Growth
- PSX plans $3B in capital investments for 2025, focusing on key growth areas such as refining, midstream, renewable fuels and joint venture investments to drive long-term shareholder value.
- 12/24/2024
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Phillips 66 (PSX) Ascends But Remains Behind Market: Some Facts to Note
- Phillips 66 (PSX) reachead $110.48 at the closing of the latest trading day, reflecting a +0.1% change compared to its last close.
- 12/23/2024
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Phillips 66 to speak at Goldman Sachs Energy, CleanTech & Utilities Conference
- HOUSTON--(BUSINESS WIRE)--Phillips 66 to speak at Goldman Sachs Energy, CleanTech & Utilities Conference.
- 12/19/2024
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Phillips 66 Optimizes Portfolio With $865M Pipeline Sale
- PSX surpasses its $3B asset sale goal by selling a pipeline stake for $865M, highlighting its focus on portfolio optimization and shareholder value.
- 12/19/2024
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Phillips 66 to announce fourth-quarter and full-year financial results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 will host a webcast at noon ET on Friday, Jan. 31, 2025, to discuss the company's fourth-quarter and full-year 2024 financial results.
- 12/18/2024
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Why Phillips 66 (PSX) Dipped More Than Broader Market Today
- The latest trading day saw Phillips 66 (PSX) settling at $115.83, representing a -0.4% change from its previous close.
- 12/17/2024
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This Magnificent Energy Stock Has Returned $43 Billion in Cash to Investors Since 2012 (and There's Plenty More to Come in 2025 and Beyond)
- Phillips 66 (PSX -5.24%) has done a magnificent job returning value to shareholders since its spinoff from ConocoPhillips in 2012. The integrated downstream energy company has returned an impressive $43 billion in cash to its shareholders over the past dozen years.
- 12/17/2024
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Phillips 66 announces agreement to sell interest in Gulf Coast Express
- HOUSTON--(BUSINESS WIRE)--Phillips 66 announced that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC for pre-tax total cash proceeds of $865 million.
- 12/16/2024
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Phillips 66 (PSX) Stock Declines While Market Improves: Some Information for Investors
- Phillips 66 (PSX) closed the most recent trading day at $125.33, moving -0.23% from the previous trading session.
- 12/11/2024
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Phillips 66 to Power San Francisco Refinery With Solar Energy
- PSX partners with NEE to develop a new solar facility that should help its refinery in Rodeo, CA, reduce its grid power demand by almost 50%.
- 12/11/2024
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Phillips 66 teams with NextEra to power California refinery with solar energy
- Phillips 66 will power its refinery in Rodeo, California with a new solar facility owned and operated by electrical utility NextEra Energy , the refiner said on Tuesday.
- 12/10/2024
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Why Phillips 66 (PSX) Dipped More Than Broader Market Today
- In the latest trading session, Phillips 66 (PSX) closed at $129.83, marking a -0.59% move from the previous day.
- 12/05/2024
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Here's Why Retain Strategy is Apt for Phillips 66 Stock Now
- PSX focuses more on businesses like midstream, renewables and chemicals, which stabilizes the company's business model.
- 12/03/2024
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Phillips 66 (PSX) Up 9.2% Since Last Earnings Report: Can It Continue?
- Phillips 66 (PSX) reported earnings 30 days ago. What's next for the stock?
- 11/28/2024
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Phillips 66 Faces $2.4M Fine for Alleged Oil Dumping in LA
- 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.
- 11/22/2024
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Phillips 66 Is Accused of Violating the Clean Water Act
- The oil company was indicted on charges of dumping nearly 800,000 gallons of contaminated wastewater into the Los Angeles County sewer system.
- 11/21/2024
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These Could Be The Last 2 Cheap Dividends After The Election Bounce
- 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.
- 11/20/2024
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Crack Spread to Soar: Add MPC, XOM and PSX to Your Watchlist
- Favorable crack spread will aid refining margins of Phillips 66, Marathon Petroleum and Exxon Mobil.
- 11/19/2024
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Want $1,000 in Passive Income? Invest $3,000 in These 3 Energy Dividend Payers and Wait 5 Years.
- These two dividend stocks and an ETF are packed with way more passive income potential than the S&P 500.
- 11/07/2024
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Phillips 66 (PSX) Q3 2024 Earnings Call Transcript
- 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, Midstream and Chemicals Rich Harbison - EVP, Refining Brian Mandell, - EVP, Marketing and Commercial Conference Call Participants John Royall - JPMorgan Roger Read - Wells Fargo Neil Mehta - Goldman Sachs Ryan Todd - Piper Sandler Manav Gupta - UBS Matthew Blair - Tudor, Pickering, Holt Jason Gabelman - TD Cowen Doug Leggate - Wolfe Research Theresa Chen - Barclays Paul Cheng - Scotiabank Jean Ann Salisbury - Bank of America Joe Laetsch - Morgan Stanley Operator Welcome to the Third Quarter 2024 Phillips 66 Earnings Conference Call. My name is Emily, and I'll be your operator for today's call.
- 10/29/2024
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Gold Gains 1%; Phillips 66 Shares Fall After Q3 Results
- U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite gaining more than 150 points on Tuesday.
- 10/29/2024
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Phillips 66 Q3 Earnings Beat Estimates, Revenues Decrease Y/Y
- PSX's Q3 earnings benefit from cost reduction, partially offset by lower contributions from the refining segment owing to declining realized margins.
- 10/29/2024
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Strong Portfolio and Strategic Priorities Support Phillips 66 Third-Quarter Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66, a leading integrated downstream energy provider, announced third-quarter earnings.
- 10/29/2024
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Collect at Least $200 in Passive Income Per Year by Investing $1,500 Into Each of These 3 Dividend Stocks
- Investing in equal parts of these three dividend stocks produces an average yield of 4.8%.
- 10/27/2024
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Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note
- Phillips 66 (PSX) concluded the recent trading session at $128.49, signifying a -0.49% move from its prior day's close.
- 10/24/2024
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What's in Store for Phillips 66 This Earnings Season?
- Despite strong refining margins, lower crude prices and high turnaround costs are likely to have adversely impacted PSX's Q3 earnings.
- 10/24/2024
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Phillips 66: 3.4% Yield, Consistent Dividend Growth, Cheap
- 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, focusing on cost reductions and asset dispositions to improve capital returns. Despite low refining margins, PSX has consistently grown its dividend since 2013, with a total increase of 238%.
- 10/24/2024
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How To Profit As AI, And Jay Powell, Send Energy Stocks Soaring
- Last week's oil-price drop has set us up to buy some top-flight energy dividends on the cheap. We're going to grab one with a “hidden” 10.3% yield in just a moment.
- 10/23/2024
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Earnings Preview: Phillips 66 (PSX) Q3 Earnings Expected to Decline
- 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.
- 10/22/2024
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Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note
- Phillips 66 (PSX) concluded the recent trading session at $132.60, signifying a -0.56% move from its prior day's close.
- 10/18/2024
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Phillips 66 Is Expanding Past Its Refining Roots
- Phillips 66 has an impressive portfolio of assets and midstream is a strong addition. The company is improving its ability to generate down-cycle profits which will support profits. Overall, we expect Phillips 66 to generate growing profits and shareholder returns.
- 10/18/2024
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Phillips 66 to Close Los Angeles Refinery Due to Low Profits
- PSX plans to shut its Los Angeles refinery by late 2025, citing market dynamics and lower profits, leaving California to face further fuel supply challenges.
- 10/18/2024
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Jury Awards Propel Fuels $604.9 Million for Trade Secret Misappropriation by Phillips 66
- SACRAMENTO, Calif.--(BUSINESS WIRE)--Propel Fuels, Inc. (“Propel”), a leading retailer of low-carbon fuels at stations throughout California, was awarded victory by a jury in its trade secrets misappropriation case against Phillips 66 Company (“Phillips 66”), following a five-week trial in the Superior Court of California, County of Alameda, located in Oakland, California. The jury found in Propel's favor on its claim that Phillips 66's California renewable fuels business was developed from Pro.
- 10/17/2024
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Phillips 66 hit with $604.9 mln US verdict in fuel trade-secrets case
- Energy company Phillips 66 owes biofuel maker Propel Fuels $604.9 million in damages for stealing Propel's trade secrets to build up its renewable-fuel capabilities, a jury in a California state court decided on Wednesday.
- 10/16/2024
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Phillips 66 to Close Los Angeles Refinery in Fourth Quarter of 2025
- The oil refiner said the unit's long-term sustainability is uncertain and affected by market dynamics.
- 10/16/2024
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Phillips 66 to cease operations at Los Angeles-area refinery
- Phillips 66 said on Wednesday it plans to stop operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet consumer demand.
- 10/16/2024
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Phillips 66 provides notice of its plan to cease operations at Los Angeles-area refinery
- HOUSTON--(BUSINESS WIRE)--Phillips 66 announced plans to cease operations at its Los Angeles refinery, will work with the state of California to meet ongoing consumer demand. .
- 10/16/2024
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Phillips 66 to Offload 49% Stake in Coop Mineraloel to Swiss JV
- PSX states that the proceeds from the sale of 49% of its non-operated equity interest in Coop Mineraloel will support its priorities, including shareholder returns.
- 10/15/2024
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Phillips 66 announces agreement to sell interest in Switzerland-based joint venture
- HOUSTON--(BUSINESS WIRE)--Phillips 66 announced its subsidiary entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG.
- 10/14/2024
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Phillips 66 (PSX) Stock Falls Amid Market Uptick: What Investors Need to Know
- Phillips 66 (PSX) concluded the recent trading session at $136.35, signifying a -0.05% move from its prior day's close.
- 10/11/2024
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Phillips 66 Announces Quarterly Dividend
- 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.
- 10/11/2024
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Phillips 66 Appoints Grace Puma Whiteford to Board of Directors
- HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has appointed Grace Puma Whiteford to serve on the company's board, effective Oct. 10.
- 10/11/2024
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3 Energy Stocks With Juicy Dividend Yield to Watch: CVX, PSX, XOM
- Three energy stocks, Chevron, Phillips 66 & ExxonMobil, are well-poised to gain, although the energy market is extremely volatile.
- 10/08/2024
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Big Oil Urges Trump Not to Gut Biden's Climate Law
- Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction Act potentially worth billions.
- 10/06/2024
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How To Earn $500 A Month From Phillips 66 Stock Ahead Of Q3 Earnings
- When Phillips 66 PSX releases earnings results for its third quarter on Tuesday, Oct. 29, analysts expect the company to report quarterly earnings at $2.1 per share. That's down from $4.63 per share in the year-ago period.
- 10/04/2024
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These 3 Bargain-Bin Dividend Value Stocks Have Become Too Cheap to Ignore
- Investors looking for bargains in a relatively expensive market have come to the right place.
- 10/02/2024
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Phillips 66 (PSX) Ascends While Market Falls: Some Facts to Note
- In the closing of the recent trading day, Phillips 66 (PSX) stood at $132.99, denoting a +1.17% change from the preceding trading day.
- 10/01/2024
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Here's Why Retain Strategy is Apt for Phillips 66 Stock Now
- PSX focuses more on businesses like midstream, renewables and chemicals. This makes the company?
- 09/26/2024
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Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note
- In the closing of the recent trading day, Phillips 66 (PSX) stood at $129.47, denoting a -1.25% change from the preceding trading day.
- 09/24/2024
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Why the Market Dipped But Phillips 66 (PSX) Gained Today
- Phillips 66 (PSX) concluded the recent trading session at $130.31, signifying a +1.57% move from its prior day's close.
- 09/18/2024
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Big oil companies defeat US consumer lawsuit over production, prices
- Several oil companies including Exxon Mobil and Chevron on Monday defeated an appeal by consumers who accused them of colluding with former President Donald Trump's administration, Russia and Saudi Arabia to cut oil production, boosting prices at the pump.
- 09/16/2024
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Here's Why Phillips 66 (PSX) Gained But Lagged the Market Today
- Phillips 66 (PSX) concluded the recent trading session at $125.72, signifying a +0.58% move from its prior day's close.
- 09/12/2024
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US Fuel Demand Has Been Soft, Phillips 66 CEO Says
- Phillips 66 Chair and CEO Mark Lashier says US fuel demand has been "flat-to-weak" this year and expects rationalization of global refining capacity in 2025. He speaks on "Bloomberg The Close.
- 09/04/2024
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Phillips 66 Divests Non-Core Natural Gas Assets in Texas Deal
- PSX offloads non-core natural gas assets in East Texas to Voyager Midstream, advancing its plan to generate $3 billion by 2024 through asset sales.
- 09/04/2024
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Voyager Midstream acquires some natgas assets from Phillips 66
- Voyager Midstream Holdings, a portfolio firm of Pearl Energy Investments, said on Tuesday it has acquired some natural gas gathering and processing assets from Phillips 66 to boost its presence in Haynesville shale.
- 09/03/2024
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Here's Why Retain Strategy is Apt for Phillips 66 Stock Now
- PSX focuses more on businesses like midstream, renewables and chemicals. This makes the company's business model more stable.
- 08/28/2024
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2 Cheap, Misunderstood Stocks With Dividends Set To Surge
- Don't worry—we haven't missed out on the bargains from the August 5 “flash crash.” We've still got a sweet setup for surging dividends in a sector most people completely misunderstand.
- 08/14/2024
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How Much Will Phillips 66 Pay Out in Dividends This Year?
- Phillips 66 operates both midstream and downstream assets. The company has steadfastly hiked its dividend since 2013.
- 08/10/2024
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Oil refiner Phillips 66 plans job cuts
- U.S. oil refiner Phillips 66 plans to eliminate jobs to advance its strategic priorities and improve workforce efficiency, the company said on Tuesday.
- 08/06/2024
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Phillips 66 (PSX) Q2 Earnings Top on Solid Midstream Business
- Despite being a leading global refiner in the United States, Phillips 66 (PSX) is steadily shifting its focus to its midstream business, which significantly contributed to its Q2 earnings.
- 08/06/2024
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$9,000 Invested in ExxonMobil and Each of These 2 Dividend Stocks to Generate Over $1,000 in Passive Income per Year
- ExxonMobil can thrive even at lower oil prices. Kinder Morgan is benefiting from the need for more energy infrastructure.
- 08/05/2024
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The Value Of Phillips 66's Midstream Assets Shine Bright In 2024
- Refining crack spreads have remained weak through peak driving season. Despite these market conditions, PSX's diverse business makeup through midstream, retail and chemical segments have shown capable to create an earnings floor for the company. The company remains capable of generating large amounts of cash despite weak crack spreads. I expect an additional $3 billion to be returned to shareholders through the end of this.
- 08/01/2024
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Higher Midstream Revenue Boosts Results at Phillips 66
- Shares of Phillips 66 (PSX) jumped in intraday trading Tuesday after the energy company posted better-than-anticipated results on higher midstream profit.
- 07/30/2024
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Phillips 66 (PSX) Q2 Earnings Beat, Revenues Increase Y/Y
- Phillips 66's (PSX) Q2 earnings benefit from record NGL volumes and peak refining crude utilization, partially offset by increased total costs and expenses.
- 07/30/2024
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Phillips 66 reports lower second-quarter profit
- Refiner Phillips 66 posted a fall in quarterly profit on Tuesday, hurt by a slump in margins due to a tepid summer driving season and a rise in global refining capacity.
- 07/30/2024
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3 Underrated High-Yield Dividend Stocks to Buy Now and Hold Forever
- Black Hills is a Dividend King with a historically high yield you have probably never heard of. Phillips 66 has delivered high-octane dividend growth.
- 07/29/2024
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Phillips 66 (PSX) Stock Declines While Market Improves: Some Information for Investors
- Phillips 66 (PSX) concluded the recent trading session at $142.21, signifying a -0.21% move from its prior day's close.
- 07/26/2024
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Trade Tracker: Bill Baruch sells Phillips 66
- Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” to discuss his latest trades.
- 07/26/2024
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What's in Store for Phillips 66 (PSX) This Earnings Season?
- Refining turnaround costs and higher input expenses are likely to have hurt Phillips 66's (PSX) Q2 earnings.
- 07/25/2024
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7 Oil Stocks to Buy as Political Forces Collide
- The world runs on oil. Given the scientific advantages of fossil fuels – namely their immense energy density – it's likely that the world will run on oil for a longer time than pundits are expecting.
- 07/23/2024
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Earnings Preview: Phillips 66 (PSX) Q2 Earnings Expected to Decline
- 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.
- 07/23/2024
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ExxonMobil Is a Rock-Solid Dividend Stock, but So Is This Dirt Cheap Value Stock That Paid $1.8 Billion in Dividends Over the Past Year
- 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.
- 07/21/2024
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7 Energy Stocks to Buy as Americans Prioritize Travel More Than Ever
- Here's the simple breakdown for why you need to consider energy stocks. Americans are going through a challenging time with the economy.
- 07/21/2024
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Phillips 66 (PSX) Modernizes Data Protection Operations
- After a thorough competitive evaluation, Phillips 66 (PSX) selects Cohesity DataProtect to consolidate its data protection efforts into a single, unified platform.
- 07/19/2024
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The 7 Most Undervalued Energy Stocks to Buy in July 2024
- The energy sector presents several opportunities for investors looking to buy undervalued energy stocks in July. Companies in the oil and gas sector with strong cash flow and investments in low-carbon energy sources are quite appealing.
- 07/17/2024
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7 High-Quality Stocks to Buy Without Hesitation
- While the biggest rewards may stem from the most unpredictable (and therefore speculative) of enterprises, sometimes, you just want additional reassurances. For such an endeavor, it may be wise to consider high-quality stocks to buy.
- 07/15/2024
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Phillips 66 (PSX) Outperforms Broader Market: What You Need to Know
- The latest trading day saw Phillips 66 (PSX) settling at $138.64, representing a +1.26% change from its previous close.
- 07/12/2024
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Phillips 66: Sell-Off Creates Opportunity, Given Likely Q2 Acceleration (Rating Upgrade)
- 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.
- 07/11/2024
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Phillips 66 Announces Quarterly Dividend
- 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.
- 07/10/2024
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Oil Little Changed as Hurricane Beryl-Related Concerns Fade
- Energy operators, including Chevron (CVX), Marathon Petroleum (MPC), Shell (SHEL) and Phillips 66 (PSX), enacted comprehensive preparedness plans ahead of Hurricane Beryl.
- 07/09/2024
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3 Dividend Stocks Crushing the S&P 500 With 30%+ Annual Total Returns
- With technology-driven growth stocks propelling the S&P 500 to new heights, dividend stocks have often found themselves playing catch-up. Yet, even in this market environment, some dividend-paying companies have managed not only to keep pace, but also beat the index by a significant margin.
- 07/08/2024
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3 Dividend Stocks to Gain Despite Energy Market Volatility
- Three energy stocks, ConocoPhillips (COP), 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.
- 07/05/2024
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2 ‘Dirty' Dividend Stocks With Fast 20% Upside
- My six-year-old hooper was having an outstanding YMCA practice. She was leading the drills, encouraging her teammates and almost dribbling between her legs.
- 07/04/2024
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Energy Stocks: Winners And Losers At The Beginning Of H2 2024
- The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weighing on the energy sector, although some stocks are affected more than others. Crude oil is hemmed in between two opposing forces, which are both trying to impose their influence on prices.
- 07/04/2024
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The 3 Best Oil & Gas Stocks to Buy in July 2024
- When it comes to investment sectors, the concept of best oil and gas stocks might seem to be sunsetting. After all, the ideological machinery appears to be favoring clean and renewable solutions.
- 07/04/2024
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Phillips 66 (PSX) Ramps Up Production of Renewable Fuels
- Phillips 66's (PSX) Rodeo refinery in California uses lower carbon intensity feedstocks, which are processed via new pre-treatment units to convert them into renewable fuels.
- 06/28/2024
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Phillips 66 (PSX) Stock Declines While Market Improves: Some Information for Investors
- The latest trading day saw Phillips 66 (PSX) settling at $139.40, representing a -0.27% change from its previous close.
- 06/27/2024
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Phillips 66 Achieves Full Production Rates of Renewable Fuel
- HOUSTON--(BUSINESS WIRE)--Phillips 66 announced the full conversion of the Rodeo Renewable Energy Complex, positioning the company as a leader in renewable fuels.
- 06/26/2024
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3 Energy Stocks to Buy on the Dip: June 2024
- The energy sector had an underwhelming month of June. The ongoing market rally, driven by the excitement surrounding artificial intelligence, has propelled tech stocks to new heights.
- 06/25/2024
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3 Energy Giants Set to Soar With Record Jet Fuel Demand
- As summer travel peaks, U.S. refiners ramp up their jet fuel production to meet the record demand. ExxonMobil, Chevron and Phillips 66 are ready to ride on this fuel-fueled wave.
- 06/25/2024
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Phillips 66 (PSX) Ascends While Market Falls: Some Facts to Note
- The latest trading day saw Phillips 66 (PSX) settling at $138.09, representing a +0.09% change from its previous close.
- 06/21/2024
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Phillips 66 releases 2024 Sustainability and People Report
- HOUSTON--(BUSINESS WIRE)--Phillips 66 released its 2024 Sustainability & People Report, demonstrating its approach to helping supply the world's growing energy needs.
- 06/20/2024
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2 High-Octane Dividend Stocks That Investors Won't Want to Overlook
- Dividend growers tend to deliver strong total returns over the long term. EOG Resources has delivered robust dividend growth over the last 26 years.
- 06/20/2024
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Phillips 66 (PSX) J.P. Morgan 2024 Energy, Power & Renewables Conference (Transcript)
- Phillips 66 (NYSE:PSX ) J.P. Morgan 2024 Energy, Power & Renewables Conference June 18, 2024 10:55 AM ET Company Participants Mark Lashier - Chairman & CEO Conference Call Participants John Royall - J.P.
- 06/18/2024
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Phillips 66 (PSX) Divests Rockies Express Pipeline Stake
- Phillips 66's (PSX) sale of its equity interest in the Rockies Express Pipeline is part of its commitment to deliver a value of more than $3 billion from asset divestitures.
- 06/17/2024
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Phillips 66 Continues To Drive Strong Returns
- Phillips 66 has an impressive portfolio of assets with growth drivers such as renewable energy and DCP midstream. Refineries are a remarkably volatile market, but the company is still targeting strong growth in its mid-cycle EBITDA. Overall, Phillips 66 is a valuable investment with a strong ability to pay dividends and repurchase shares.
- 06/17/2024
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Phillips 66 to sell 25% stake in Rockies Pipeline for $1.28 bln
- U.S. oil refiner Phillips 66 said on Friday it would sell its 25% stake in the Rockies Express Pipeline (REX) for about $1.28 billion, including debt, to a subsidiary of Tallgrass Energy.
- 06/14/2024
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Phillips 66 Announces Sale of 25% Equity Interest in Rockies Express Pipeline to Tallgrass Energy Subsidiary
- HOUSTON--(BUSINESS WIRE)---- $PSX--Phillips 66 is selling its 25% non-operated interest in Rockies Express Pipeline LLC to a subsidiary of Tallgrass Energy, LP for $1.275 billion.
- 06/14/2024
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Phillips 66 (PSX) Outperforms Broader Market: What You Need to Know
- In the most recent trading session, Phillips 66 (PSX) closed at $137.67, indicating a +1.22% shift from the previous trading day.
- 06/13/2024
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Phillips 66 to Announce Second-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 management will host a webcast at noon ET on Tuesday, July 30, 2024, to discuss the company's second-quarter 2024 financial results.
- 06/12/2024
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Why Retain Strategy is Apt for Phillips 66 (PSX) Stock Now
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This makes the company?
- 06/12/2024
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Phillips 66 Deploys Asset Base 'Near Historical Highs' To Meet Peak Summer Demand: Analyst
- Phillips 66 PSX announced a binding open season for shipper commitments for services on its Blue Line System.
- 06/11/2024
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The 7 Best Stocks to Buy to Avoid June Gloom
- While it's just an aphorism, the adage sell in May and go away generally rings true. Seasonality makes certain months not pleasant for the equities sector, though there are best stocks to avoid June gloom.
- 06/10/2024
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Phillips 66 Launches Open Season for Blue Line System
- Phillips 66, a leading energy company, has announced that its subsidiary, Phillips 66 Pipeline, LLC, is initiating a binding open season to solicit shipper commitments for services on its Blue Line System. This pipeline transports propane and butane from Wichita, KS, to Jefferson City, MO, and East St. Louis, IL.
- 06/10/2024
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Phillips 66 (PSX) Launches Open Season for Blue Line System
- Phillips 66 (PSX) announces the launch of a 30-day open season for the Blue Line System, inviting shippers to secure long-term LPG transport services between Kansas, MO, and Illinois.
- 06/10/2024
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Phillips 66 (PSX) Joins PSP to Enhance Community Development
- With the inclusion of Phillips 66 (PSX) and Energy Transfer (ET), PSP's efforts are expected to amplify its positive impacts on the Permian Basin.
- 06/07/2024
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Phillips 66 to Speak at the J.P. Morgan 2024 Energy, Power & Renewables Conference
- HOUSTON--(BUSINESS WIRE)---- $PSX--Phillips 66 Chairman and CEO Mark Lashier will participate in the J.P. Morgan 2024 Energy, Power & Renewables Conference on June 18.
- 06/04/2024
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Investors Heavily Search Phillips 66 (PSX): Here is What You Need to Know
- Recently, Zacks.com users have been paying close attention to Phillips 66 (PSX). This makes it worthwhile to examine what the stock has in store.
- 05/22/2024
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Phillips 66 (PSX) Acquires Lucrative Midland Basin Assets
- Phillips 66 (PSX) aims to increase its natural gas processing footprint in the Midland Basin through its acquisition of Pinnacle Midland from a private equity firm, Energy Spectrum Capital.
- 05/21/2024
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Phillips 66 to buy PE-owned Pinnacle Midland for $550 mln
- Phillips 66 on Monday agreed to acquire Pinnacle Midland, a midstream company owned by private equity firm Energy Spectrum Capital, for $550 million in cash, expanding the U.S. refiner's natural gas gathering and processing footprint in the Midland Basin.
- 05/20/2024
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Phillips 66 to Acquire Pinnacle Midstream from Energy Spectrum Capital
- HOUSTON--(BUSINESS WIRE)---- $PSX--Phillips 66 will acquire Pinnacle Midstream for $550 million, expanding its natural gas gathering and processing footprint in the Midland Basin.
- 05/20/2024
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1,600 Shares in Phillips 66 (NYSE:PSX) Acquired by Meridian Wealth Management LLC
- Meridian Wealth Management LLC purchased a new position in Phillips 66 (NYSE:PSX – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,600 shares of the oil and gas company’s stock, valued at approximately $213,000. Several other large investors also recently added to or reduced their stakes in the business. DekaBank Deutsche Girozentrale grew its stake in Phillips 66 by 12.4% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 201,592 shares of the oil and gas company’s stock worth $26,501,000 after buying an additional 22,278 shares in the last quarter. Eldred Rock Partners LLC purchased a new stake in Phillips 66 during the fourth quarter valued at about $10,402,000. First Dallas Securities Inc. purchased a new stake in Phillips 66 during the third quarter valued at about $753,000. TIAA Trust National Association lifted its stake in Phillips 66 by 32.9% during the fourth quarter. TIAA Trust National Association now owns 14,816 shares of the oil and gas company’s stock worth $1,973,000 after purchasing an additional 3,670 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Phillips 66 by 27.7% in the 4th quarter. Daiwa Securities Group Inc. now owns 48,601 shares of the oil and gas company’s stock worth $6,470,000 after purchasing an additional 10,536 shares in the last quarter. Institutional investors own 76.93% of the company’s stock. Insider Buying and Selling at Phillips 66 In other news, VP Joseph Scott Pruitt sold 7,200 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $157.26, for a total value of $1,132,272.00. Following the sale, the vice president now directly owns 6,583 shares of the company’s stock, valued at approximately $1,035,242.58. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.22% of the company’s stock. Wall Street Analyst Weigh In A number of equities analysts recently weighed in on the company. JPMorgan Chase & Co. raised their price objective on Phillips 66 from $149.00 to $167.00 and gave the company an “overweight” rating in a report on Monday, April 1st. Citigroup initiated coverage on shares of Phillips 66 in a research note on Wednesday, January 24th. They issued a “buy” rating for the company. Wells Fargo & Company lifted their target price on shares of Phillips 66 from $179.00 to $191.00 and gave the stock an “overweight” rating in a research report on Monday, April 8th. Bank of America upped their price target on shares of Phillips 66 from $150.00 to $180.00 and gave the company a “neutral” rating in a research report on Friday, March 15th. Finally, Scotiabank boosted their target price on Phillips 66 from $148.00 to $156.00 and gave the company a “sector outperform” rating in a research note on Thursday, April 11th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, Phillips 66 presently has an average rating of “Moderate Buy” and an average target price of $156.21. Check Out Our Latest Stock Report on Phillips 66 Phillips 66 Price Performance PSX stock opened at $147.08 on Monday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.17 and a quick ratio of 0.82. Phillips 66 has a 1 year low of $89.74 and a 1 year high of $174.08. The firm has a 50-day moving average of $155.59 and a 200 day moving average of $140.68. The company has a market cap of $62.35 billion, a P/E ratio of 11.31, a PEG ratio of 1.98 and a beta of 1.41. Phillips 66 (NYSE:PSX – Get Free Report) last issued its quarterly earnings results on Friday, April 26th. The oil and gas company reported $1.90 earnings per share for the quarter, missing the consensus estimate of $2.05 by ($0.15). Phillips 66 had a return on equity of 19.19% and a net margin of 3.84%. The firm had revenue of $36.44 billion during the quarter, compared to analysts’ expectations of $35.87 billion. During the same period in the previous year, the company earned $4.21 earnings per share. On average, sell-side analysts forecast that Phillips 66 will post 12.38 EPS for the current year. Phillips 66 Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Monday, May 20th will be issued a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Friday, May 17th. This is a boost from Phillips 66’s previous quarterly dividend of $1.05. Phillips 66’s dividend payout ratio is 35.38%. About Phillips 66 (Free Report) Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.
- 05/20/2024
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3 Energy Stocks to Keep on Your Radar on Dividend Hikes
- Investors should keep an eye on ET, KMI and PSX, as these energy players have raised their dividends/distributions and demonstrated a strong ability to continue returning value to shareholders.
- 05/17/2024
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Why Retain Strategy is Apt for Phillips 66 (PSX) Stock Now
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This makes the company's business model more stable.
- 05/16/2024
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3 Oil & Gas Dividend Stocks to Own for a Lifetime of Income
- People generally have very split opinions on the oil & gas sector. This is for various reasons.
- 05/14/2024
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4 Energy Companies That Recently Pumped Up Their Dividends
- Amid concerns over cyclical fluctuations in the energy sector, dividends are flourishing. We delve into the recent payout increases from MUSA, TRGP, CVE and PSX.
- 05/14/2024
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The Investment Committee's win streaks
- The Investment Committee discusses their stocks on winning streaks and how to trade them from here.
- 05/10/2024
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11 Upcoming Dividend Increases Including A King
- Dividend King MSA Safety Incorporated extends its 53-year dividend growth streak with an 8.5% increase. Companies on the list have dividend streaks ranging from 6 to 31 years, with an average increase of 7.6%.
- 05/09/2024
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Phillips 66 to Host Annual Meeting of Shareholders
- HOUSTON--(BUSINESS WIRE)--Phillips 66 will host its 2024 Annual Meeting of Shareholders on Wednesday, May 15 at 9 a.m. CT in a virtual-only format via audio webcast.
- 05/06/2024
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3 Companies Growing Shareholder Value Through Aggressive Stock Buybacks
- Chevron is supporting its sizeable capital return program with strong earnings. Owens Corning's stock buybacks have positioned it for growth.
- 05/04/2024
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Here is What to Know Beyond Why Phillips 66 (PSX) is a Trending Stock
- Phillips 66 (PSX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 05/01/2024
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Stock Market Crash Warning: Don't Get Caught Holding These 3 Oil & Gas Stocks
- If you've been paying attention to the market, a bearish list on oil and gas stocks might seem odd. Looking at two primary indicators of crude prices — West Texas Intermediate (WTI) and Brent crude oil — prices for the commodity have risen steadily in 2024.
- 05/01/2024
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Phillips 66 (PSX) Q1 2024 Earnings Call Transcript
- Phillips 66 (NYSE:PSX ) Q1 2024 Earnings Conference Call April 26, 2024 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - President and Chief Executive Officer Kevin Mitchell - Chief Financial Officer Rich Harbison - Refining Tim Roberts - Midstream and Chemicals Brian Mandell - Marketing and Commercial Conference Call Participants Neil Mehta - Goldman Sachs Roger Read - Wells Fargo Securities Ryan Todd - Piper Sandler Manav Gupta - UBS John Royall - JPMorgan Matthew Blair - Tudor, Pickering, Holt Paul Cheng - Scotiabank Jason Gabelman - Cowen and Company Theresa Chen - Barclays Operator Welcome to the First Quarter 2024 Philips 66 Earnings Conference Call. My name is Lydia, and I'll be your operator for today's call.
- 04/26/2024
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Phillips 66 (PSX) Q1 Earnings Miss, Revenues Increase Y/Y
- Lower refining margins worldwide and increased expenses hurt Phillips 66's (PSX) earnings in Q1.
- 04/26/2024
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Phillips 66's Refining Margins Sink, Dragging Down Profits
- Phillips 66 (PSX) shares dropped in intraday trading Friday after the energy producer's quarterly profit fell as refining margins thinned.
- 04/26/2024
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Chevron, Exxon and Phillips 66 report lower Q1 profits amid refining challenges
- Major oil producers Chevron Corporation (NYSE:CVX, ETR:CHV), Exxon Mobil Corp (NYSE:XOM, ETR:XONA), and Phillips 66 (NYSE:PSX) all moved lower in early trade on Friday after reporting a drop in profits for the first quarter. Profits took a hit from lower refining margins, which have continued to decline from their peak after Russia's invasion of Ukraine in 2022, and lower natural gas prices, partially offset by higher volumes.
- 04/26/2024
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Phillips 66 (PSX) Q1 Earnings Miss Estimates
- Phillips 66 (PSX) came out with quarterly earnings of $1.90 per share, missing the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $4.21 per share a year ago.
- 04/26/2024
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Phillips 66 misses first-quarter profit estimates on weak margins
- Refiner Phillips 66 missed quarterly profit estimates on Friday, hurt by a slump in refining margins following a decline in fuel prices.
- 04/26/2024
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Phillips 66 Reports 1Q 2024 Financial Results, Highlights Strategic Priorities Progress
- HOUSTON--(BUSINESS WIRE)--Phillips 66, a leading diversified and integrated downstream energy company, announced first-quarter earnings of $748 million.
- 04/26/2024
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Big oil earnings: Three things to watch for as ExxonMobil, Chevron and Phillips 66 report financial results today
- Today, big oil is firmly in the spotlight, with ExxonMobil, Chevron, TotalEnergies, Phillips 66 and Imperial Oil all reporting their latest earnings within hours of each other. It may well make for interesting viewing too, since the oil market has been anything but straightforward lately.
- 04/26/2024
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Wall Street Analysts See Phillips 66 (PSX) as a Buy: Should You Invest?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 04/24/2024
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Phillips 66 (PSX)
- Phillips 66 (PSX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 04/24/2024
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Oil giants Chevron, Exxon and Phillips 66 face profit squeeze for Q1
- Major oil producers Chevron Corporation (NYSE:CVX, ETR:CHV), Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Phillips 66 (NYSE:PSX) will hand down their financial reports for the first quarter on Friday, April 26 before the stock market opens in New York. Investor sentiment around energy stocks is positive heading into the reports, with geopolitical tensions in the Middle East driving the oil price above $80 per barrel.
- 04/23/2024
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Phillips 66 (PSX) Gears Up for Q1 Earnings: What's in Store?
- Phillips 66's (PSX) first-quarter earnings are likely to have been negatively impacted by a weak performance in its refining segment.
- 04/23/2024
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Phillips 66 (PSX) Advances While Market Declines: Some Information for Investors
- The latest trading day saw Phillips 66 (PSX) settling at $154.71, representing a +0.91% change from its previous close.
- 04/19/2024
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Earnings Preview: Phillips 66 (PSX) Q1 Earnings Expected to Decline
- 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.
- 04/19/2024
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Here's Why Phillips 66 (PSX) Gained But Lagged the Market Today
- The latest trading day saw Phillips 66 (PSX) settling at $165.41, representing a +0.15% change from its previous close.
- 04/11/2024
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7 Stocks That Should Outperform on the Next Fed Rate Cut
- With the Federal Reserve having seemingly engineered a viable pathway to a soft economic landing, the topic of stocks to buy on rate cut have enjoyed significant momentum. Of course, as with anything involving high finance these days, the matter got more complicated.
- 04/09/2024
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5 Stocks to Watch on Their Recent Dividend Hike
- Five stocks in focus with recent dividend hike are: OZK, TJX, CALM, CHX, PSX.
- 04/09/2024
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Should You Pick Valero Energy Or Phillips 66 Stock After Each Rose Over 25% This Year?
- After the year-to-date move of over 25% each, we believe that the energy stocks Phillips 66 (NYSE: PSX) and Valero Energy (NYSE: VLO) are fully valued. PSX trades at a marginally higher valuation of 0.5x trailing revenues, compared to 0.4x for VLO.
- 04/09/2024
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Why Phillips 66 Rallied in March
- Phillips 66's CEO said in an interview last month that activist shareholder Elliott Management agrees with its strategic plans. The 3-2-1 crack spread continued to move higher for refiners amid geopolitical tensions.
- 04/06/2024
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Phillips 66 (PSX) Ascends But Remains Behind Market: Some Facts to Note
- Phillips 66 (PSX) closed the most recent trading day at $170.75, moving +0.04% from the previous trading session.
- 04/05/2024
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Phillips 66 (PSX) Rewards Investors With a Dividend Hike
- Phillips 66 (PSX) has a target of returning $13 billion to $15 billion to investors via dividend and share repurchases from July 2022 to 2024.
- 04/04/2024
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3 Oil Refining Stocks at All-Time Highs: Should You Buy?
- The recent uptick in oil prices has been a big boon for VLO, MPC and PSX, given that it drives prices at the pumps.
- 04/04/2024
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Phillips 66 (PSX) Laps the Stock Market: Here's Why
- Phillips 66 (PSX) closed at $172.71 in the latest trading session, marking a +1.9% move from the prior day.
- 04/03/2024
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Phillips 66 (PSX) Expands Renewable Fuel Production at Rodeo
- Phillips 66 (PSX) moves toward a greener future with an aim to increase renewable fuel output at its Rodeo Renewable Energy Complex, California, by the second quarter of 2024.
- 04/02/2024
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Two injured in a fire at Borger, Texas complex, Phillips 66 says
- U.S. oil refiner Phillips 66 on Monday said two employees were injured in a fire that occurred at the Borger, Texas complex at approximately 11:20 a.m. local time.
- 04/01/2024
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These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 03/28/2024
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Phillips 66 (PSX) Rises Higher Than Market: Key Facts
- Phillips 66 (PSX) reachead $158.96 at the closing of the latest trading day, reflecting a +1.51% change compared to its last close.
- 03/27/2024
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Phillips 66 (PSX) Eyes Pipeline Stake Sale Worth More Than $1B
- Phillips 66 (PSX) plans to sell its 25% stake in Rockies Express Pipeline, potentially worth more than $1 billion, signaling a shift in the company's asset portfolio.
- 03/27/2024
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Phillips 66 (PSX) Rises Yet Lags Behind Market: Some Facts Worth Knowing
- Phillips 66 (PSX) closed at $159.08 in the latest trading session, marking a +0.2% move from the prior day.
- 03/21/2024
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Phillips 66 (PSX) Rises Higher Than Market: Key Facts
- Phillips 66 (PSX) reachead $158.76 at the closing of the latest trading day, reflecting a +1.13% change compared to its last close.
- 03/20/2024
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3 Oil Refining Stocks That Just Moved Into Record Territory
- The recent uptick in oil prices has been a big boon for refiners like VLO, MPC and PSX, given that it drives prices at the pumps.
- 03/18/2024
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Phillips 66 (PSX) Soars 3.0%: Is Further Upside Left in the Stock?
- Phillips 66 (PSX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 03/18/2024
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Phillips 66 to Announce First-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 management will host a webcast at noon ET on Friday, April 26, 2024, to discuss the company's first-quarter 2024 financial results.
- 03/14/2024
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Keep An Eye on These 3 Energy Stocks With Juicy Dividend Yield
- Three energy stocks, ExxonMobil (XOM), Chevron (CVX) and Phillips 66 (PSX), are well-poised to gain, though the oil pricing scenario, since the onset of the pandemic, looks extremely volatile.
- 03/14/2024
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Trade Alert: Bill Baruch sells Arm Holdings, buys Phillips 66 and buys more Southern Copper
- Bill Baruch, Blue Line Capital founder, joins CNBC's 'Halftime Report' to detail his latest portfolio moves.
- 03/13/2024
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Why Retain Strategy is Apt for Phillips 66 (PSX) Stock Now
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This makes the company's business model more stable.
- 03/13/2024
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Is Trending Stock Phillips 66 (PSX) a Buy Now?
- Phillips 66 (PSX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 03/08/2024
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Phillips 66 (PSX) Surpasses Market Returns: Some Facts Worth Knowing
- Phillips 66 (PSX) closed at $149.21 in the latest trading session, marking a +1.66% move from the prior day.
- 03/07/2024
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Fill Your Tank: 3 Oil & Gas Stocks Primed to Gush in 2024
- To say that market optimism, global production disruptions, and geopolitical tensions are all to blame for the recent spike in oil prices is correct. The rally started because of the risks in the Middle East and Russia and the disruption in global production, but has spread as investors have grown more bullish on commodities, generally.
- 03/06/2024
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Phillips 66 Still Has Fuel To Move Higher
- Phillips 66, with a market capitalization of $63.5 billion, is one of the largest energy companies globally.
- 03/06/2024
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The Next Phase Of The Bull Market: 5 Stocks For 2024 & Beyond
- 5 Stocks For 2024 & Beyond
- 03/05/2024
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Against the Tide: 3 Oil Stocks Set to Surge in the EV Market Shakeout
- While oil stocks to buy may seem an anachronistic concept, it may very well be the future of investment. Wait, I thought electric vehicles were the future?
- 03/05/2024
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Energy sector strength: Drill down with refinery stocks
- The oil refiners' exchange-traded fund (ETF), the VanEck Oil Refiners ETF NYSEARCA: CRAK, is outperforming the broader Energy Select Sector SPDR Fund NYSEARCA: XLE on a one-month, three-month and one-year basis.
- 02/14/2024
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Phillips 66 appoints new director with Elliott's approval
- Refiner Phillips 66 said on Tuesday it has appointed energy industry veteran Robert Pease to its board after a tussle with activist investor Elliott Investment Management over a board revamp.
- 02/13/2024
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Phillips 66 reports fire at its Billings, Montana, refinery
- Phillips 66 said on Friday that there was a fire at its 60,000-barrel-per-day Billings, Montana, refinery which resulted in visible smoke.
- 02/09/2024
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US oil refiners beat Wall Street bets, expect demand to grow in 2024
- Major U.S. fuelmakers beat Wall Street's earnings expectations in the fourth quarter on strong refining margins and operating performance, and they predicted profits would rise again this year thanks to global demand growth.
- 02/08/2024
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Can financial, healthcare, energy stocks rise as rates stay high?
- Large bank stocks such as Berkshire Hathaway Inc. NYSE: BRK.B, JPMorgan Chase & Co. NYSE: JPM, and Citigroup Inc. NYSE: C are up in the past month as it's become clear that interest rates will remain high for the foreseeable future.
- 02/08/2024
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Phillips 66 (PSX) Halts Crude at Rodeo Refinery in February
- Phillips 66's (PSX) Rodeo Refinery strives for a sustainable future, ending crude processing in February; eyes 50K bbl/d in renewable fuels by Q2.
- 02/01/2024
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Phillips 66 (PSX) Q4 2023 Earnings Call Transcript
- Phillips 66 (PSX) Q4 2023 Earnings Call Transcript
- 01/31/2024
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Phillips 66 (PSX) Beats Earnings & Revenue Estimates in Q4
- Phillips 66's (PSX) Q4 earnings gain from decreased costs and expenses.
- 01/31/2024
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Phillips 66 (PSX) Reports Q4 Earnings: What Key Metrics Have to Say
- The headline numbers for Phillips 66 (PSX) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 01/31/2024
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Refiner Phillips 66 beats quarterly profit estimates
- Refiner Phillips 66 beat quarterly profit estimates on Wednesday, helped by sustained demand amid a fall in fuel prices.
- 01/31/2024
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Phillips 66 (PSX) Gears Up for Q4 Earnings: What's in Store?
- Phillips 66's (PSX) Q4 earnings are expected to have been hurt by its soft refining business.
- 01/25/2024
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Analysts Estimate Phillips 66 (PSX) to Report a Decline in Earnings: What to Look Out for
- 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.
- 01/24/2024
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Phillips 66 (PSX) Beats Stock Market Upswing: What Investors Need to Know
- In the most recent trading session, Phillips 66 (PSX) closed at $129.66, indicating a +0.44% shift from the previous trading day.
- 01/22/2024
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Phillips 66 (PSX) Resolves Rodeo Plant's Environmental Review
- Phillips 66 (PSX) achieves the milestone after confirming the implementation of all viable mitigation measures, effectively striking a balance between the project's benefits and environmental impacts.
- 01/19/2024
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Why Hold Strategy is Apt for Phillips 66 (PSX) Stock Now
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This makes the company's business model more stable.
- 01/19/2024
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Energy stocks are still attractive despite crude oil pressures, says top analyst Paul Sankey
- Paul Sankey, Sankey Research, joins 'Fast Money' to talk the energy sector, pressure on crude oil prices, where to invest in the space and more.
- 01/17/2024
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2 Energy Stocks Poised to Outshine Q4 Earnings Estimates
- Two leading energy companies that are likely to beat fourth-quarter earnings estimates are Exxon Mobil Corporation (XOM) and Phillips 66 (PSX).
- 01/16/2024
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Crude Comeback: 7 Oil Stocks Primed for a 2024 Rebound
- Oil stocks? At a time when society is increasingly looking to clean and renewable energy sources to meet net-zero emission targets, the idea of investing in hydrocarbon-related enterprises seems risky, perhaps even foolish.
- 01/11/2024
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Phillips 66 Has A Lot More In Store For 2024
- Elliott Investment Management sent a letter to the board of PSX to spur additional cost savings to be more in line with peers Valero and Marathon. The current initiatives will close the gap while also driving meaningful share appreciation. The discretionary FCF generated from these efforts will be returned to shareholders. I project a 7% dividend raise in 2024 as well as at least $3 billion in share repurchases.
- 01/10/2024
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Phillips 66 (PSX) Explores Asset Sale, CEO Upbeat on Future
- While Phillips 66 (PSX) has set a goal to monetize these assets in 2024, there is no fixed timeline for the potential sale.
- 01/09/2024
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Sell Alert: The Slaughter Of Office REITs Is Just Beginning
- Office REITs are facing challenges as the hybrid work model becomes more popular, leading to downsizing and increased vacancies. Major companies like Charles Schwab, Johnson & Johnson, Dropbox, and Microsoft have already downsized their office spaces. Office REITs like Boston Properties, Kilroy Realty, City Office REIT, and SL Green are experiencing negative cash spreads and declining occupancy rates, indicating more trouble ahead.
- 01/09/2024
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3 Charts For Investors to Watch Friday: Phillips 66, JetBlue Airways, AMC Entertainment
- Here's our daily look at three charts connected to recent news-driven price moves, with key technical levels to watch.
- 01/05/2024
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Phillips 66 (PSX) Goldman Sachs Energy, CleanTech & Utilities Conference (Transcript)
- Phillips 66 (PSX) Goldman Sachs Energy, CleanTech & Utilities Conference (Transcript)
- 01/04/2024
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Why the Market Dipped But Phillips 66 (PSX) Gained Today
- Phillips 66 (PSX) reachead $135.75 at the closing of the latest trading day, reflecting a +1.09% change compared to its last close.
- 01/03/2024
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Phillips 66 (PSX) Rises As Market Takes a Dip: Key Facts
- The latest trading day saw Phillips 66 (PSX) settling at $134.29, representing a +0.86% change from its previous close.
- 01/02/2024
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Phillips 66's Portfolio Strength Will Continue
- Phillips 66 is targeting increased diversification, growing mid-cycle earnings while reducing risks, as the company vertically integrates. The company has a strong balance sheet with minimal debt it needs to aggressively pay down. Increased cash flow can go to shareholders. Overall, we expect the company to be able to drive long-term double-digit shareholder returns.
- 12/25/2023
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3 Magnificent High-Yield Dividend Stocks to Buy for 2024
- Phillips 66 is a leading oil and gas refining and marketing stock with assets located throughout the United States. Operational execution and solid revenue growth should drive earnings improvements at Kennametal.
- 12/23/2023
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Why Hold Strategy is Apt for Phillips 66 (PSX) Stock Now
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This is making the company's business model more stable.
- 12/20/2023
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3 Oil and Gas Stocks to Buy for High Dividends and Growth in December 2023
- 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 through 2024.
- 12/14/2023
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Phillips 66 (PSX) Outperforms Broader Market: What You Need to Know
- Phillips 66 (PSX) closed at $127.16 in the latest trading session, marking a +1.55% move from the prior day.
- 12/13/2023
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Phillips 66 to Announce Fourth-Quarter and Full-Year Financial Results
- 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.
- 12/13/2023
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Phillips 66 (PSX) Announces $2.2B Capital Expenditure for 2024
- The budget aligns with Phillips 66's (PSX) strategic goal of returning $13-$15 billion to shareholders by the end of 2024.
- 12/11/2023
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3 Dividend Stocks to Watch in a Volatile Energy Market
- 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.
- 12/08/2023
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Oil and Turmoil: 7 Stocks to Capitalize on Geopolitical Moves
- 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, closing at the lowest level since June.
- 12/07/2023
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Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note
- The latest trading day saw Phillips 66 (PSX) settling at $124.62, representing a -0.3% change from its previous close.
- 12/07/2023
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The 3 Best Energy Stocks to Buy in December
- 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% year-to-date.
- 12/07/2023
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3 Energy Stocks to Buy in the TradeSmith ‘Green Zone'
- 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 stocks are in the “Green Zone?
- 12/07/2023
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60% Gains Plus Dividends With Phillips 66 If Elliott Is Right
- 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 and calls for cost-cutting, divestitures, and a commitment to shareholder value. Phillips 66 responds positively to Elliott's proposals, indicating a promising future for the company.
- 12/05/2023
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Elliott's Push at Phillips 66 Looks Familiar
- The activist investor's suggestions for the energy company have a proven track record.
- 12/04/2023
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3 January Effect Stocks to Buy Right Now
- 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 feature a tendency to rise more than in any other month.
- 12/03/2023
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Here's how activist Elliott could build shareholder value amicably at Phillips 66
- Many activists think of themselves as amicable and constructive, but that could actually be the case in this engagement at the petroleum refiner.
- 12/02/2023
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Phillips 66 stock climbs as Elliott Investment Management takes stake, seeks changes
- 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 announced a $1 billion stake in the diversified energy company. Elliott said it is seeking two board seats in a bid to help boost improved execution and performance at Phillips 66.
- 11/30/2023
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US refiner Phillips 66 retains big-name advisers for Elliott duel
- 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.
- 11/30/2023
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Elliott investment management makes $1 billion investment in Phillips 66
- Shares of Phillips 66 (PSX) climbed Wednesday afternoon after activist investment firm Elliott Investment Management announced a $1 billion stake in the energy company. Along with the major equity investment, Elliott is seeking two board seats in a bid to help drive improved execution and performance at Phillips 66.
- 11/29/2023
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Can Billionaire Paul Singer Save Phillips 66 (PSX) Stock?
- In a clear demonstration of the risks associated with lackluster performance as a publicly traded enterprise, Phillips 66 (NYSE: PSX ) is incurring the scrutiny of Paul Singer, founder of Elliott Management. In a letter to Phillips' Board of Directors, Elliott is urging for changes to help unlock significant value.
- 11/29/2023
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Elliott reveals a $1.0 billion stake in Phillips 66: here's what it wants
- Phillips 66 (NYSE: PSX) opened about 3.0% up on Wednesday after Elliott Investment Management revealed a sizable stake in the crude refining company. Elliott is pushing for board seats at Phillips 66 The activist investor has built a stake worth $1.0 billion and is pushing for two board seats.
- 11/29/2023
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Phillips 66 Stock Is Rising. Activist Elliott Takes $1 Billion Stake, Wants Changes.
- Elliott Investment Management wants two new Phillips 66 directors, and other improvements. Shares could soar to $200, says Elliott.
- 11/29/2023
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Elliott takes $1 billion stake in Phillips 66, plans to seek 2 board seats: Sources
- CNBC's David Faber joins 'Squawk Box' with the latest news.
- 11/29/2023
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Phillips 66′ stock soars 6% after Elliott Management discloses $1 billion stake and says it sees 75% upside
- Phillips 66's stock PSX rose 6% in premarket trade Wednesday, after Elliott Investment Management LP said it has accrued a roughly $1 billion investment in the energy company and sees potential upside of about 75%. The hedge fund of activist investor Paul Singer published a letter to the company's management outlining how it can remedy what it views as underperformance, including adding new directors backed by Elliott.
- 11/29/2023
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Elliott takes $1 billion stake in Phillips 66, plans to seek two board seats, sources say
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High-Octane Holdings: 3 Energy Stocks With Robust Yields
- At first glance, acquiring energy stocks – specifically of the hydrocarbon variety – might not seem sensible. After all, as the adage that's beaten over our heads states, electric vehicles are the future.
- 11/28/2023
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Refiners, transporters surge: Niche energy markets defy oil slump
- Big energy like Chevron Corp. NYSE: CVX and Exxon Mobil Corp. NYSE: XOM are trading well below their highs, while certain sub-industries within the energy sector are performing well.
- 11/24/2023
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Why Hold Strategy is Apt for Phillips 66 (PSX) Stock Now
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This is making the company?
- 11/22/2023
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Dual Powerhouses: 7 Dividend Stocks Marrying High Yield With High Growth
- While it's always important to consider passive-income providers, they often lack an underlying growth impetus, which subsequently makes the concept of high-yield dividend growth stocks so compelling. You can get your growth and also enjoy dividend payments.
- 11/20/2023
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3.6% Yield And Undervalued - Phillips 66 Is A Top-Tier Income Play
- Phillips 66 offers investors a unique opportunity to play the energy sector through well-diversified refining and chemicals exposure. The company has consistently outperformed its energy peers and has reported stellar earnings and improved operations. Shareholders are in a good place with increased shareholder distributions, a protected dividend, and a commitment to higher dividends.
- 11/20/2023
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7 Energy Stocks You'll Regret Not Buying Soon: November 2023
- With oil prices dipping below the $80 mark this month, it's plausible to think that the energy stock rally has hit its peak. Yet, this could be a premature assumption.
- 11/16/2023
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Phillips 66 (PSX) Bank of America Energy Conference Call Transcript
- Phillips 66 (NYSE:PSX ) Bank of America Energy Conference Conference Call November 14, 2023 4:00 PM ET Company Participants Timothy Roberts - EVP, Midstream & Chemicals Jeffrey Dietert - VP, IR Richard Harbison - EVP, Refining Conference Call Participants Doug Leggate - Bank of America Merrill Lynch Kalei Akamine - Bank of America Merrill Lynch Doug Leggate Thanks very much indeed for being here this afternoon. So we're going to turn our agenda back to Refining again, our first corporate fireside chat with -- in the Refining sector with Phillips 66.
- 11/14/2023
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3 Oil Stocks That Are Well-Positioned to Survive a Recession
- At first glance, the idea of oil stocks for a recession might seem counterintuitive. True, the world still runs on hydrocarbons, irrespective of what electric-vehicle evangelists say.
- 11/11/2023
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US refiners to taper output, keep gasoline prices tame
- U.S. crude oil refiners this quarter will pull back from red-hot summer run rates as weak gasoline margins and plant overhauls cool operating goals, according to company statements and oil analysts.
- 11/06/2023
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Phillips 66: A Diversified Way To Benefit From A Strong Refining Environment
- Phillips 66 shares have risen 14% in the past year and are up 6% since reporting Q3 earnings results. Refining results were soft, but long-term guidance was encouraging, and the company's diversification provides stability. The company generated $2.4 billion in operating cash flow and has been aggressive in buying back its own stock, with its share count down 25% the past decade.
- 11/04/2023
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How To Build A Dividend Portfolio With $50,000 Among 20 Dividend Paying Companies/ETFs
- The construction of a dividend-income portfolio brings several benefits for investors, one of which is generating extra income. In today's article, I will show you how you could allocate the amount of $50,000 among 20 dividend paying companies/ETFs that I consider to be attractive right now. Due to its allocation, the portfolio reaches a Weighted Average Dividend Yield [TTM] of 3.86%, indicating that its dividend payments could help you cover your monthly expenses.
- 10/28/2023
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Phillips 66 (PSX) Q3 2023 Earnings Call Transcript
- Phillips 66 (NYSE:PSX ) Q3 2023 Earnings Conference Call October 27, 2023 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - President and Chief Executive Officer Kevin Mitchell - Chief Financial Officer Tim Roberts - Executive Vice President, Midstream and Chemicals Rich Harbison - Executive Vice President, Refining Brian Mandell - Executive Vice President, Marketing and Commercial Conference Call Participants Neil Mehta - Goldman Sachs Roger Read - Wells Fargo Securities Manav Gupta - UBS Doug Leggate - Bank of America Ryan Todd - Piper Sandler Paul Cheng - Scotiabank John Royall - JPMorgan Jason Gabelman - Cowen and Company Matthew Blair - Tudor, Pickering, Holt Joe Laetsch - Morgan Stanley Operator Welcome to the Third Quarter 2023 Phillips 66 Earnings Conference Call. My name is Carla and I will be your operator for today's call.
- 10/27/2023
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PCE Index In-Line, +0.4%; Core YoY +3.7% - Lowest Since 2021
- Spending continued to climb: +0.7% compared with the +0.5% anticipated and the +0.4% posted a month ago.
- 10/27/2023
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PCE Numbers Come in Line With Expectations
- PCE Numbers Come in Line With Expectations.
- 10/27/2023
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Is Phillips 66 (PSX) Stock Outpacing Its Oils-Energy Peers This Year?
- Here is how Phillips 66 (PSX) and Vista Oil & Gas, S.A.B. de C.V. Sponsored ADR (VIST) have performed compared to their sector so far this year.
- 10/27/2023
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Is Phillips 66 (PSX) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/27/2023
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Phillips 66 (PSX) Q3 Earnings Miss Estimates, Revenues Fall Y/Y
- Phillips 66's (PSX) Q3 earnings get affected due to lower refining margins worldwide.
- 10/27/2023
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Phillips 66 (PSX) Gears Up for Q3 Earnings: What's in Store?
- Phillips 66's (PSX) Q3 earnings are expected to have benefited from its favorable midstream business.
- 10/23/2023
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7 Energy Stocks That Have Much More Room to Run
- While energy stocks as a broader market segment have been rather inconsistent this year, over the long run, demand should turn decisively in the positive direction. It really comes down to simple math.
- 10/22/2023
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Phillips 66 (PSX) Suffers a Larger Drop Than the General Market: Key Insights
- Phillips 66 (PSX) concluded the recent trading session at $113.54, signifying a -1.43% move from its prior day's close.
- 10/20/2023
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Phillips 66 Benefiting From Historically High Distillate Yields
- Phillips 66's Refining Segment continues to be the dominant factor for earnings upside given PSX's high distillate yield and strong diesel margins. The company's acquisition of DCP Midstream's LP units will contribute to strong growth in the Midstream Segment's EBITDA over the coming year.
- 10/19/2023
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The 7 Best Oil Stocks To Buy Now: October 2023
- With the market continuing to print rather unimpressive performances, investors may want to consider the best oil stocks to buy. Simply put, cynicism may be the name of the game.
- 10/16/2023
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Phillips 66 (PSX) Suffers a Larger Drop Than the General Market: Key Insights
- Phillips 66 (PSX) closed the most recent trading day at $110.75, moving -1.23% from the previous trading session.
- 10/12/2023
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The Best Performing Energy Stocks Of Q3 2023
- On September 30th the third quarter of 2023 came to a close. The energy sector was the top performer.
- 10/12/2023
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Should Value Investors Buy Phillips 66 (PSX) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/11/2023
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Phillips 66 (PSX) Stock Falls Amid Market Uptick: What Investors Need to Know
- In the closing of the recent trading day, Phillips 66 (PSX) stood at $109.19, denoting a -0.26% change from the preceding trading day.
- 10/06/2023
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Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 10/05/2023
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Why Are Oil Stocks Down Today?
- There's a key question many investors in the market are asking right now — why are oil stocks down today? Perhaps the more specific question should be: Why is the price of oil plunging today?
- 10/04/2023
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Will Phillips 66 (PSX) Beat Estimates Again in Its Next Earnings Report?
- Phillips 66 (PSX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/04/2023
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Why Hold Strategy is Apt for Phillips 66 (PSX) Stock Now
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This is making the company's business model more stable.
- 10/04/2023
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October's Top 10 High Yield Stocks To Boost Your Dividend Income
- When aiming to reach a diversified investment portfolio with a reduced risk level, I suggest reaching a balanced mix between high dividend yield and dividend growth companies. High dividend yield companies can be an attractive extra source of income, which you can use to cover your monthly expenses. In today's article, I have selected 10 high dividend yield companies that I believe are attractive right now due to a variety of reasons.
- 10/03/2023
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5 Energy Stocks That Crushed the S&P 500 in a Bleak Q3
- Let's take a deep look into the S&P 500's top sector for the third quarter of 2023 - Energy - and its high flyers MPC, PSX, HAL, VLO and APA.
- 10/03/2023
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Oil and Gas Stocks Topped S&P 500 Returns This Quarter as Crude Prices Surged
- Oil and gas companies featured heavily in the list of top-performing S&P 500 companies in the third quarter, as rising crude prices lifted the outlook for profits.
- 09/29/2023
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Phillips 66: As Good As It Gets
- Phillips 66 is a complex business with stakes in refinery, midstream, chemical and other energy sectors. The stock has had a nice recent run and is up some 33% over the past three months of trading. However, some insiders have started selling their equity in September, raising concerns about the stock's future performance.
- 09/28/2023
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Phillips 66 (PSX) Just Overtook the 20-Day Moving Average
- From a technical perspective, Phillips 66 (PSX) is looking like an interesting pick, as it just reached a key level of support. PSX recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
- 09/26/2023
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Final Trades: Adobe, Phillips 66 & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/25/2023
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Profit from the Oil Supply Crunch With These 7 Stocks
- Looking for impactful oil stocks to buy now? The hydrocarbon energy market offers compelling narratives, having undergone an impressive metamorphosis.
- 09/19/2023
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3 Safe Dividend Stocks to Buy Like There's No Tomorrow
- Higher oil prices are typically bad news for the downstream oil and gas industry. But refiners have been able to pass along costs, as evidenced by their margins and earnings.
- 09/19/2023
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The 3 Most Undervalued Momentum Stocks to Buy in September 2023
- Momentum stocks have been surprisingly strong performers over the years. It can seem counterintuitive at first.
- 09/14/2023
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Phillips 66 to Announce Third-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast at noon ET on Friday, Oct. 27, to discuss the company's third-quarter 2023 financial results.
- 09/14/2023
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The 3 Most Undervalued Large-Cap Stocks to Buy in September 2023
- While the small-capitalization sector provides ample opportunities to find diamonds in the rough, astute investors can occasionally find undervalued large-cap stocks. It sounds completely counterintuitive.
- 09/11/2023
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This is a Golden Time to Buy Beaten Down Oil Stocks
- A combination of factors, including the supply/demand imbalance, OPEC+ production cuts, and the oil charts, suggest this is a golden time to buy oil and oil stocks. Regarding the oil price NYSEARCA: USO, the oil price rose more than 7% in the week ended 9/1 to set a new 1-year high.
- 09/05/2023
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Phillips 66 Vs. Valero Energy: One Is A Buy, And One Is Not
- Bank of America recently downgraded the refining segment based on valuation and risk of peaking margins. Does this mean the group is not investible? Both refiners are compared head to head to determine if either refiner has what it takes to defy the BoA thesis. Victor is shown to have a more diverse business portfolio to limit exposure to falling crack spreads and, therefore, a more sound long-term investment.
- 09/04/2023
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Steady Eddies: 7 Unshakeable Stocks for Any Type of Market
- If there's any one theme that supports the concept of safe stocks to buy, it's ambiguity. At first glance, Federal Reserve Chair Jerome Powell recently clarified that while inflation is finally moving in the right direction, policymakers still have much work to do.
- 08/29/2023
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Phillips 66 - What To Make Of Its 4% Yield
- Phillips 66 is a well-diversified downstream giant in the energy industry with a market cap of $50 billion. The company has a strong balance sheet, commitment to shareholder returns, and ongoing projects that highlight its resilience. However, the recent surge in stock price has lowered the dividend yield to 3.7%, which may not satisfy income-focused investors.
- 08/25/2023
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Breakouts Or Fakeouts? 3 Dividends With Fresh 52-Week Highs
- As contrarian investors, we have no desire to buy the stock market while it's hot. We wait for it to cool off.
- 08/20/2023
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Keep a Close Watch on These 3 Dividend Energy Stocks
- 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.
- 08/17/2023
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The 3 Most Undervalued Momentum Stocks to Buy Now: August 2023
- The stock market has entered a bit of a pullback over the past few weeks. That's not too surprising, given the vigorous gains that the market enjoyed in the first half of 2023.
- 08/16/2023
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Phillips 66 (PSX) to Lay Off 275 Staff as Its Cost-Cutting Plan
- Phillips 66 (PSX) is set to lay off 175 full-time employees and 100 contractors globally as part of its broader cost-cutting strategy.
- 08/16/2023
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Oil refiner Phillips 66 to deepen jobs cuts, realign staff
- U.S. oil refiner Phillips 66 plans to cut 175 employees and realign its global finance and procurement operations into an "enterprise service organization," the company said on Tuesday.
- 08/15/2023
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Downgrade Pushes Oil Stock Further From Highs
- Oil & gas stock Phillips 66 (NYSE:PSX) is continuing to slide from its Aug. 11 three-year peak of $117.29, after a downgrade from BoFA Global Research to "neutral" from "buy.
- 08/15/2023
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7 Oil Stocks to Buy as the Energy Sector Bounces Back
- While it might not seem plausible at first glance, the narrative of oil stocks to buy is making a comeback. True, the Federal Reserve and its largely aggressive measures to tackle inflation through raising the benchmark interest rate in principle drive down the price of commodities, including hydrocarbon products.
- 08/14/2023
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Phillips 66 (PSX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates (Revised)
- While the top- and bottom-line numbers for Phillips 66 (PSX) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 08/14/2023
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Phillips 66 (PSX) in Talks With Archer Daniels Over Biofuel JV
- Phillips 66 (PSX) plans to incorporate Archer Daniels' dry corn mill operations into the JV to convert grain-based alcohol into jet fuel.
- 08/10/2023
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Exclusive: Phillips 66, ADM in talks on biofuels joint venture - sources
- U.S. oil refiner Phillips 66 and grain trader Archer-Daniels-Midland are discussing a biofuels joint venture with an aim toward producing lower-carbon jet fuel, three people familiar with the matter said.
- 08/08/2023
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Phillips 66 plans to run refineries at mid-90% of combined capacity in Q3
- Independent U.S. refiner Phillips 66 plans to run its refineries in the mid-90% range of their combined crude oil throughput capacity of 1.9 million barrels per day (bpd) in the third quarter of 2023, Chief Financial Officer Kevin Mitchell said on Wednesday.
- 08/02/2023
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Phillips 66 (PSX) Q2 Earnings Top Estimates, Revenues Fall Y/Y
- Lower costs and expenses aid Phillips 66's (PSX) earnings in Q2.
- 08/02/2023
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Phillips 66 (PSX) Q2 Earnings and Revenues Surpass Estimates
- Phillips 66 (PSX) came out with quarterly earnings of $3.87 per share, beating the Zacks Consensus Estimate of $3.54 per share. This compares to earnings of $6.77 per share a year ago.
- 08/02/2023
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Phillips 66 joins rival refiners with sharp quarterly profit drop
- Phillips 66 reported a sharp fall in second-quarter profit on Wednesday, the latest U.S. refiner to bear the brunt of a decline in margins from last year's sky-high levels when Russia's invasion of Ukraine squeezed fuel supplies.
- 08/02/2023
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Refining & Marketing Industry: 4 Stocks to Keep an Eye On
- MPC, PSX, MUSA and PBF present an opportunity for reliable returns in the Zacks Oil and Gas - Refining & Marketing industry.
- 08/01/2023
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Phillips 66 (PSX) to Post Q2 Earnings: What's in Store?
- Worries about an economic slowdown and recession are likely to have hurt the refining business, thereby affecting Phillips 66's (PSX) Q2 earnings.
- 07/28/2023
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CVS, Phillips 66 and Lear Look Good on This Gauge
- A good tool for spotting turnaround candidates is the price-sales ratio.
- 07/17/2023
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Daily Dividend Report: Walgreens Boots Alliance, CSX, Phillips 66, Ryder System, Albertsons
- Walgreens Boots Alliance today announced that its board of directors has declared a quarterly dividend of 48 cents per share, unchanged from the previous quarter. The dividend is payable on Sept. 12, 2023, to stockholders of record as of Aug. 21, 2023. Walgreens Boots Alliance and its predecessor company, Walgreen, have paid a dividend in 363 straight quarters or more than 90 years.
- 07/13/2023
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The 7 Best Retirement Stocks to Buy in July
- While the post-pandemic market cycle inspired much speculation into the mix, forward-thinking investors may want to use this time to strategize the best retirement stocks in July. Fundamentally, the future arrives sooner than you expect.
- 07/09/2023
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Why Hold Strategy is Apt for Phillips 66 (PSX) Stock Now
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This is making the company?
- 07/07/2023
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3 Energy Dividend Picks That Are Intrinsically Undervalued
- The energy sector offers significant potential for long-term returns due to high dividends and undervalued stocks. The sector has become more investable due to cost-cutting measures and a focus on shareholder interests. Despite a challenging year in 2022, the energy sector provided a safe haven for investors. Companies that are undervalued and offer solid dividends present the best opportunities for successful compounding. Exxon Mobil, Phillips 66, and EOG Resources are highlighted as top energy stocks for dividend investors, offering good prospects for continued dividend growth, quality management, and solid growth prospects.
- 07/07/2023
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3 Energy Stocks to Snap Up on Natural Gas News
- In an exciting turn of events, natural gas futures prices soared on the international market. According to the U.S. Energy Information Administration, Bloomberg Finance L.P.
- 06/26/2023
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Phillips 66 to Announce Second-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast at noon ET on Wed., Aug. 2, 2023, to discuss the company's second-quarter 2023 financial results.
- 06/19/2023
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Phillips 66 (PSX) Acquires All Public DCP Midstream Units
- Phillips 66 (PSX) expects the integration of DCP Midstream's business into the larger company to take two years.
- 06/16/2023
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The 7 Most Undervalued Stocks to Buy in June 2023
- While acquiring high-momentum shares in the hopes of even greater returns may represent a sound tactic, arguably most investors prefer targeting the most undervalued stocks to buy. At the psychological level, a certain pioneering appeal exists about discovering the next big thing before the crowd arrives.
- 06/08/2023
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The 7 Best Stocks to Buy in June for the Looming Recession
- Although recent data points suggest that investors should anticipate a robust bull market ahead, a potentially upcoming plot twist might favor the best stocks for looming recession. At first, such a notion seems ridiculous primarily because of the most recent May jobs report.
- 06/07/2023
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Phillips 66: Impressive Fundamentals Provide For Long-Term Value
- Phillips 66 has made a strong financial comeback since the pandemic, with impressive Q1 2023 earnings and a positive outlook from institutional investors. The company offers an attractive blend of value and income through dividends and share buybacks, with a current dividend yield of 4.16%. Despite potential risks from macroeconomic factors and regulatory pressures, Phillips 66's diversified portfolio and strong ESG ratings make it an appealing stock for investors.
- 06/06/2023
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Why Is Phillips 66 (PSX) Up 0.8% Since Last Earnings Report?
- Phillips 66 (PSX) reported earnings 30 days ago. What's next for the stock?
- 06/02/2023
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High Yield Stock Watchlist: June 2023
- There are 20 stocks on my high yield watchlist for June 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks underperformed the Vanguard High Yield Dividend ETF by about 1.5% during the month of May.
- 06/02/2023
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The Dividend Investor's Oil Playbook - Part 2
- In this four-part series, I will review how to structure a dividend investor's oil and energy portfolio with my oil and energy playbook. Part 2 will discuss the general strategy and our second position, the running back. The playbook discusses strategies for maximizing returns throughout the commodity cycle, not just during upswings.
- 05/31/2023
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3 Dividend Stocks to Gain Despite Energy Market Volatility
- 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.
- 05/31/2023
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Phillips 66: Harvesting Juicy Energy Dividends
- Phillips 66 offers value and yield in the refining and chemical sector, with a strong long-term outlook and significant progress in its core business. The company's extensive chemical footprint, including the joint venture with Chevron Phillips Chemical Company LLC (CPChem), sets it apart from competitors and positions it well for the growing demand for advanced chemicals. With a healthy balance sheet and attractive valuation, PSX offers a potential upside of 28% to $120 per share and a longer-term target of $150.
- 05/30/2023
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Put These 3 Oil Refining & Marketing Stocks on the Watchlist
- MUSA, MPC and PSX could be worthwhile keeping an eye on for investors interested in the Zacks Oil and Gas - Refining & Marketing industry.
- 05/30/2023
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3 Stocks Paul Tudor Jones Predicts Could Skyrocket by Year-End
- Whenever a billionaire hedge fund manager speaks, people listen, which is why investors may want to tune into Paul Tudor Jones stock picks. According to a recent CNBC article, the Wall Street living legend believes the Federal Reserve finished raising interest rates.
- 05/22/2023
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Energy Transfer: 2 Better High-Yield Energy Stocks to Buy
- Energy Transfer's long history of poor returns and execution make these two alternatives the better investment choices.
- 05/21/2023
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5 High Yield Stocks With Steady Dividend Growth And An Attractive Valuation
- I consider companies that combine a relatively high Dividend Yield and Dividend Growth Rate to be particularly attractive for dividend income investors. The reason being that these companies can help you to significantly increase your extra income in the form of dividends from year to year.
- 05/18/2023
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Top 5 Buys of Paul Tudor Jones' Firm in the 1st Quarter
- Paul Tudor Jones (Trades, Portfolio), founder and chief investment officer of Boston-based Tudor Investment Group, disclosed in a regulatory filing that his firm's top buys during the first quarter included new positions in Phillips 66 ( PSX , Financial) and Johnson & Johnson ( JNJ , Financial). The firm also boosted its holdings of Horizon Therapeutics ( HZNP , Financial), Chevron Corp. ( CVX , Financial) and Colgate-Palmolive Co. ( CL , Financial).
- 05/16/2023
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Top 3 U.S. Refiners On Relative Value
- Eight US refiners were compared using a value matrix with factors including valuation, FCF, debt, forward yield, and payout ratio. Although I expect refiners' earnings to remain elevated, I also expect share price volatility to continue on energy sector sentiment and broader economic concerns.
- 05/16/2023
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7 Inflation-Proof Stocks to Buy for More Bank Bailouts
- While Wall Street apparently seems content with the federal government's efforts to contain recent banking failures, investors may want to start targeting inflation-resistant stocks to buy just in case. To be sure, the nuances behind bank bailouts are complex.
- 05/08/2023
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The 7 Most Undervalued Energy Stocks to Buy in May 2023
- While the narrative of undervalued energy stocks to buy might not seem so pressing right now, investors may want to get in before the wave does. Early last month, the alliance between the Organization of the Petroleum Exporting Countries (OPEC) and non-member oil-producing nations — known as OPEC+ — shocked the market with unexpected production cuts.
- 05/03/2023
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Phillips 66 (PSX) to Report Q1 Earnings: What to Expect?
- The sustained lower crude prices are likely to have a relatively negative effect on Phillips 66's (PSX) refining margins in Q1.
- 04/28/2023
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Phillips 66: A $4.20 Dividend (4% Yield) To Celebrate 420 Day
- Phillips 66: A $4.20 Dividend (4% Yield) To Celebrate 420 Day.
- 04/20/2023
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Are You Looking for a Top Momentum Pick? Why Phillips 66 (PSX) is a Great Choice
- Does Phillips 66 (PSX) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 04/13/2023
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Trust DuPont Analysis & Pick 5 Top Stocks for Solid Gains
- Do you have more faith in DuPont analysis than simple ROE calculation? Tap W.W. Grainger (GWW), Olympic Steel (ZEUS), Sprouts Farmers Market (SFM), Veritiv (VRTV) and Phillips 66 (PSX).
- 04/11/2023
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Phillips 66: The Shareholder-Friendly Cash Cow
- Phillips 66 is America's third-largest refining company, differentiating itself with a large footprint in chemicals. While the company's total return has lagged behind its peers, the company is a great source of relatively high and sustainable dividend income.
- 04/10/2023
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Are Investors Undervaluing Phillips 66 (PSX) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/06/2023
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Phillips 66 (PSX) Recently Broke Out Above the 50-Day Moving Average
- Should investors be excited or worried when a stock crosses above the 50-Day simple moving average?
- 04/06/2023
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Fast-paced Momentum Stock Phillips 66 (PSX) Is Still Trading at a Bargain
- Phillips 66 (PSX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 04/06/2023
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The 7 Most Undervalued Energy Stocks to Buy in April 2023
- While many undervalued energy stocks to buy struggled with sustaining robust momentum this year, a recent catalyst might change everything. As I stated for InvestorPlace, at the start of this week, “the alliance between the Organization of the Petroleum Exporting Countries (OPEC) and non-member oil-producing nations — known as OPEC+ — imposed shock production cuts on Sunday.
- 04/05/2023
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Should You Invest in Phillips 66 (PSX) Based on Bullish Wall Street Views?
- The average brokerage recommendation (ABR) for Phillips 66 (PSX) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable.
- 04/05/2023
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3 Dividend Stocks to Gain Despite Volatility in Energy Market
- Three energy stocks like Marathon (MPC), Valero Energy (VLO) and Phillips 66 (PSX) are well-poised to gain though the oil pricing scenario looks extremely volatile.
- 04/05/2023
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Why it is Worth Buying Phillips 66 (PSX) Stock Right Away
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This is making the company's business model more stable.
- 04/05/2023
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Top Dividend Stock: Phillips 66 Back On Track After OPEC Cut And Dividend Hike
- Dividend stock investors grew complacent as energy markets weakened but that changed after the OPEC surprise. The post Top Dividend Stock: Phillips 66 Back On Track After OPEC Cut And Dividend Hike appeared first on Investor's Business Daily.
- 04/04/2023
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Analysts Predict A Blow-Out First-Quarter Profit From 11 Stocks
- Brace yourself for lots of highs and lows when it comes to first-quarter S&P 500 earnings results. The spread will be large.
- 04/04/2023
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7 Energy Stocks to Buy at Discount Prices
- While the inflation volcano and the geopolitical crisis of Russia's invasion of Ukraine bolstered energy stocks to buy last year, in the new year, circumstances don't seem so auspicious. With the Federal Reserve committed to tackling rising prices through interest rate hikes, commoditized products – including energy resources – seem destined to decline.
- 04/03/2023
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High Yield Stock Watchlist: April 2023
- There are 19 stocks on my high-yield watchlist for April 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.
- 04/03/2023
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Phillips 66 (PSX) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Phillips 66 (PSX). This makes it worthwhile to examine what the stock has in store.
- 03/28/2023
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7 High-Yield Dividend Stocks to Compete Against Rising Yields
- Although passive income has always been a strong component of a well-balanced portfolio, investors may want to pay particular attention to high-yield dividend stocks to buy. Should the Federal Reserve continue to move forward with its interest rate hikes, bond yields will rise.
- 03/21/2023
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Phillips 66: Blending Barrels Of Cash
- Refinery capacity in the U.S. is stressed to serve the market with needed gasoline and jet fuels, leading to high profit margins. Following the Phillips 66 acquisition of DCP Midstream, profits and stability are expected to grow.
- 03/20/2023
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Phillips 66 to Announce First-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 management will host a webcast at noon ET on Wednesday, May 3, 2023, to discuss the company's first-quarter 2023 financial results.
- 03/20/2023
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U.S. Oil Refining Stocks Ranked By Quality
- Recent gloomy economic conditions are an opportunity to hunt bargains and position your portfolio for market beating future returns. Based on valuation, profitability, and durable demand, the US refining sector is a good place to look for value and solid future returns.
- 03/18/2023
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Sliding Oil Stock Flashing Bull Signal
- Phillips 66 (NYSE:PSX) stock is down 4.2% to trade at $93.80 at last glance, as the global bank selloff weighs on energy stocks.
- 03/15/2023
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The 7 Best Investments for Passive Income in 2023
- While it's always a good time to consider the best investments for passive income, this category enjoys significantly boosted relevance based on recent events. As you've undoubtedly heard, the banking sector suffered a severe confidence hit due to the collapse of SVB Financial Group.
- 03/14/2023
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Phillips 66 (PSX) Is a Trending Stock: Facts to Know Before Betting on It
- Phillips 66 (PSX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 03/14/2023
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7 Stocks to Buy Now if the Fed Raises Rates
- Although it's no guarantee that the Federal Reserve will raise benchmark interest rates, it may be an inevitability, thus sparking interest in stocks to buy for rising interest rates. Early last week, Fed Chair Jerome Powell left open the door for higher and quicker rate hikes.
- 03/13/2023
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3 High-Yield Dividend Stocks That Generate More Passive Income Than a 10-Year Treasury Note
- Phillips 66 is a leading energy company that's dedicated to rewarding shareholders. When it comes to dividend size and stability, Southern Company is the most reliable utility stock out there.
- 03/12/2023
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Phillips 66: Growing Refiner 'Supply Inelasticity' Drives Structural Profit Growth
- Phillips 66 and its peers had record profits in 2022 amid a massive increase in the spread between gasoline and oil prices. Declining global and US refinery capacity and low capacity utilization has caused diesel and gasoline prices to remain elevated compared to oil.
- 03/09/2023
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The Play On Phillips 66
- Shareholders of Phillips 66 (PSX) enjoyed a ~50% return in FY22 after refining margins expanded significantly courtesy of surging oil prices. Despite posting a disappointing $0.35 a share miss in 4Q22, management seemed optimistic in its ability to return a significant sum of capital to its shareholders over the next two.
- 03/09/2023
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These 3 Energy Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
- During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
- 03/08/2023
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High Yield Stock Watchlist: March 2023
- There are 17 stocks on my high-yield watchlist for March 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.
- 03/07/2023
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7 Crude Oil Stocks to Buy as Tensions Rise
- Under normal circumstances involving geopolitical tensions between the U.S. and China, conflict tends to negatively affect crude oil stocks to buy. For instance, in 2019, China stated it would impose tariffs on U.S. crude oil imports, sending prices down sharply.
- 03/06/2023
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7 Growth Stocks to Consider for Long-Term Portfolio Gains
- With the Federal Reserve perhaps poised to raise benchmark interest rates again, a temptation exists to avoid long-term growth stocks altogether. Should borrowing costs rise sharply, this dynamic would kill expansionary initiatives.
- 03/05/2023
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My Dividend Growth Portfolio February Update: Cash Is Not Trash
- Cash is yielding over 4%, so a dividend growth investor can afford to be patient. February marked the first monthly decline in projected income since 2016 due to dividend cuts.
- 03/04/2023
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Phillips 66 (PSX) Presents at Bank of America Securities 2023 Refining Conference (Transcript)
- Phillips 66 (NYSE:PSX ) Bank of America Securities 2023 Refining Conference March 2, 2023 12:00 PM ET Company Participants Jeff Dietert - VP, IR Rich Harbison - SVP, Refining Conference Call Participants Doug Leggate - Bank of America Kalei Akamine - Bank of America Operator [Operator Instructions] At this time, it is my pleasure to turn the program over to your host, Doug Leggate. Doug Leggate Well, thank you, Eric, and good afternoon, everyone, or good evening, if you're in Europe.
- 03/03/2023
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Investors Heavily Search Phillips 66 (PSX): Here is What You Need to Know
- Zacks.com users have recently been watching Phillips 66 (PSX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 03/03/2023
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Phillips 66 (PSX) Up 9.4% Since Last Earnings Report: Can It Continue?
- Phillips 66 (PSX) reported earnings 30 days ago. What's next for the stock?
- 03/02/2023
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Final Trades: PSX, KWEB & JD
- The traders discuss their final trades of the week. With CNBC's Sara Eisen and the Fast Money traders, Mike Khouw, Guy Adami and Jeff Mills.
- 02/24/2023
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Phillips 66 Could Fuel Greater Portfolio Returns
- Phillips 66's share price has been outperformed by the broad market and its peers over the last five years. Nevertheless, the business is very profitable, and has a resilient business model.
- 02/23/2023
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3 Top Ranked Oil and Gas Stocks for Investors to Buy Today
- Over the last year, energy has been the best performing sector in the market. High oil prices have been the major catalyst pushing energy stocks higher, and there are several factors keeping prices elevated
- 02/22/2023
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Dive Into DuPont Analysis & Pick These 5 Top Stocks
- Do you have more faith in DuPont analysis than simple ROE calculation? Tap W.W. Grainger (GWW), Olympic Steel (ZEUS), MasterCraft Boat (MCFT), AllianceBernstein (AB) and Phillips 66 (PSX).
- 02/21/2023
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5 Low Price-to-Book Stocks to Add to Your Kitty
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. Cumulus Media (CMLS), Signet Jewelers (SIG), Phillips 66 (PSX), Tri Pointe Homes (TPH) and Sterling Infrastructure (STRL) are some such stocks.
- 02/21/2023
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7 Stocks That Can Survive a Bumpy Ride to Low Inflation
- Throughout 2022, investors quickly recognized that success for stocks to buy centered on entities that could ride out rising prices. Now, investors may need to strategize for the opposite scenario: the Federal Reserve continuing to hike benchmark interest rates to get inflation under control.
- 02/20/2023
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Here is What to Know Beyond Why Phillips 66 (PSX) is a Trending Stock
- Zacks.com users have recently been watching Phillips 66 (PSX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 02/20/2023
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Why Devon Energy, Phillips 66, and Core Laboratories All Slumped Today
- A big inventory build in the U.S. and fears of higher interest rates caused these oil-related stocks to fall.
- 02/17/2023
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Phillips 66 (PSX) Stock Up 4.5% Post Quarterly Dividend Hike
- Phillips 66 (PSX) has increased dividend 12 times since its inception in 2012, resulting in a 17% compound annual growth rate.
- 02/13/2023
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Bullish Trendline Could Boost Phillips 66 Stock
- Things are boding well for Phillips 66 (NYSE:PSX), which was last seen up 2.8% to trade $100.80, after the company announced it secured a long-term collaboration with Nexus Circular.
- 02/07/2023
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Phillips 66 (PSX) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Phillips 66 (PSX). This makes it worthwhile to examine what the stock has in store.
- 02/07/2023
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Phillips 66: Despite Uncertainties, Dividend Growth Outlook Remains Very Strong
- After a multi-year hiatus, Phillips 66 restarted dividend growth in 2022, and this appears set to continue into 2023 and beyond. Due to the Russian invasion of Ukraine and the resulting never-before-seen refining margins, 2022 was a record-setting year.
- 02/06/2023
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5 Promising Price-to-Book Value Stocks to Buy in February
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. Deutsche Bank Aktiengesellschaft (DB), Signet Jewelers (SIG), Phillips 66 (PSX), Acco Brands Corporation (ACCO) and Sterling Infrastructure (STRL) are some such stocks.
- 02/06/2023
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Phillips 66: Buy The Drop And Secure A 3.9% Dividend Yield
- Investors have the opportunity to take advantage of a minor, post-earnings selloff for PSX. Refining strength is driving Phillips 66's profit growth.
- 02/06/2023
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Why Phillips 66 Is A Top 10 Energy Dividend Stock
- Phillips 66 has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report.
- 02/01/2023
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US Markets Close Out a Strong Month With Gains
- U.S. equities indexes posted a positive performance to end a strong month of January, with positive financial reports contributing to the advance.
- 01/31/2023
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Phillips 66 (PSX) Q4 2022 Earnings Call Transcript
- Phillips 66 (NYSE:PSX ) Q4 2022 Earnings Conference Call January 31, 2023 12:00 PM ET Company Participants Jeff Dietert - VP of IR Mark Lashier - President, CEO and Director Kevin Mitchell - EVP and CFO Rich Harbison - SVP of Refining Brian Mandell - EVP of Marketing and Commercial Tim Roberts - EVP of Midstream and Chemicals Conference Call Participants Neil Mehta - Goldman Sachs Doug Leggate - Bank of America Merrill Lynch Roger Read - Wells Fargo John Royall - JPMorgan Ryan Todd - Piper Sandler Paul Cheng - Scotiabank Jason Gabelman - Cowen Matthew Blair - Tudor, Pickering, Holt Operator Welcome to the Fourth Quarter 2022 Phillips 66 Earnings Conference Call. My name is Emily, and I'll be your operator for today's call.
- 01/31/2023
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Phillips 66 (PSX) Q4 Earnings Miss Estimate, Revenues Beat
- Lower contributions from the Chemicals segment hurt Phillips 66's (PSX) earnings in Q4.
- 01/31/2023
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Phillips 66 (PSX) Misses Q4 Earnings Estimates
- Phillips 66 (PSX) delivered earnings and revenue surprises of -7.83% and 19.26%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 01/31/2023
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Phillips 66 (PSX) Gears Up for Q4 Earnings: What's in Store?
- Higher demand for its refined petroleum products is expected to have aided Phillips 66's (PSX) earnings in Q4.
- 01/27/2023
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Energy Surge: Four Oil-And-Gas Stocks Setting Up In Bullish Bases
- The energy sector took a breather this month after its blazing performance in 2022, but it's making a comeback, with stocks including ConocoPhillips (NYSE: COP), EOG Resources, Inc. (NYSE: EOG), HF Sinclair Corporation (NYSE: DINO), and Phillips 66 (NYSE: PSX) boasting strong price action.
- 01/24/2023
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Phillips 66 (PSX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- 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.
- 01/24/2023
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The 7 Best Dividend Stocks to Buy for an Uncertain 2023
- With uncertainty baked into the possibilities for the new year, investors may want to shift their focus toward the best dividend stocks to buy. Now, don't misinterpret what I'm trying to say: it's not that you should avoid growth-oriented names altogether.
- 01/23/2023
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Up 50% in The 2022 Bear Market, Is Phillips 66 Still a Winner?
- Like many energy stocks, the refining and pipeline giant was a huge winner in 2022. It could keep being a winner, too.
- 01/19/2023
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7 Inflation-Fighting Stocks to Buy to Build Income Streams
- Although information from the Dec. Consumer Price Index may seemingly bode well for costs-of-living dynamics, inflation-fighting stocks to buy is still a good idea. For one thing, it's probably not wise to make wholesale strategy changes based on a month's worth of data.
- 01/16/2023
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7 Cheap Retirement Stocks to Make Your Golden Years Shine
- While your golden years might be decades away, it's never too early to plan ahead, particularly with cheap retirement stocks to buy now. Usually, the basic formula for retirement plays focuses on fiscal stability, reliable growth, and passive income.
- 01/14/2023
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Energy Income Weekly: A Resilient Start To 2023
- Income-producing energy stocks outperformed during the week's violent commodity selloff. The strong performance came from attractive valuations and the sector's positive outlook for 2023.
- 01/11/2023
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The 7 Best Bargain Stocks to Buy in January 2023
- Following a rough outing in 2022, investors seeking to make up for lost time may want to consider the best bargain stocks to buy in Jan. To be sure, plenty of headwinds exist, including historically high inflation and concerns about monetary policy. That said, it's doubtful that every single enterprise will fail.
- 01/11/2023
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Oil Stock Fuels Growth While Driving Climate Change Initiatives
- While driving climate change initiatives and cutting carbon dioxide emissions, top oil stock Hess fuels a potential new breakout. The post Oil Stock Fuels Growth While Driving Climate Change Initiatives appeared first on Investor's Business Daily.
- 01/11/2023
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Phillips 66 (PSX) to Acquire All Public DCP Midstream Units
- The transaction is expected to generate an incremental $1 billion of adjusted EBITDA for Phillips 66 (PSX).
- 01/09/2023
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Phillips 66 Grows By Swallowing DCP Midstream
- PSX announced an agreement Friday to buy the remaining publicly held LP units in DCP Midstream for $41.75 each, raising Phillips 66's stake in DCP to 86.8%. The remaining economic interests in DCP are held by Enbridge, which owns 13.2% of the MLP's General Partner.
- 01/08/2023
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DCP Stock Pops on Phillips 66 Acquisition News
- Anyone who's been invested in DCP Midstream (NYSE: DCP ) is probably quite happy today. That's because Phillips 66 (NYSE: PSX ) agreed to buy out DCP Midstream in an all-cash transaction later this year.
- 01/06/2023
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DCP Midstream stock up 5% as Phillips 66 moves to grow its stake
- DCP Midstream LP DCP, +1.89% stock rose 5.4% in premarket trades on Friday after its corporate parent Phillips 66 PSX, +2.32% said it would pay $41.75 per common unit to increase its stake in the pipeline partnership to 86.8%. The deal is valued at about $3.8 billion.
- 01/06/2023
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Phillips 66 (PSX) CEO Mark Lashier presents at Goldman Sachs Global Energy and Clean Technology Conference (Transcript)
- Phillips 66 (NYSE:PSX ) Goldman Sachs Global Energy and Clean Technology Conference January 5, 2023 11:00 AM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - President and Chief Executive Officer Kevin Mitchell - Executive Vice President, Chief Financial Officer Conference Call Participants Neil Mehta - Goldman Sachs Neil Mehta All right, we'll get started here. 30 seconds, all right, this is always a highlight of the conference for me to have Phillips 66 here.
- 01/05/2023
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Prepare To Buy High-Quality Yield With Phillips 66
- In this article, we discuss a high-yield opportunity in the energy sector. Phillips 66 has a high yield, strong and rising free cash flow used to support high dividend growth and a balance sheet that supports aggressive buybacks.
- 01/05/2023
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5 Top Stocks Likely to Come Up With an Earnings Beat
- These top-ranked stocks are likely to beat on the bottom line in their next release. Tap Yum China (YUMC), Chewy (CHWY), Phillips 66 (PSX), Workday (WDAY) and Sprinklr (CXM).
- 01/04/2023
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Which Stocks Show Thick Skin As Bears Sink Fangs Into New Year?
- As last year's bear market spills over into 2023, breakout index stocks like CAT, BOX, AZN and ELF stock show resilience. The post Which Stocks Show Thick Skin As Bears Sink Fangs Into New Year?
- 01/04/2023
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Phillips 66 (PSX) is Attracting Investor Attention: Here is What You Should Know
- Phillips 66 (PSX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 01/03/2023
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Why Phillips 66 (PSX) is Poised to Beat Earnings Estimates Again
- Phillips 66 (PSX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/02/2023
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Should Value Investors Buy Phillips 66 (PSX) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/30/2022
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3 Bargain Stocks You Wouldn't Want to Pass Up
- Some stocks have everything going for them but are out of favor with investors. And some stocks some stocks are just too cheap to pass up.
- 12/30/2022
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Why it is Worth Buying Phillips 66 (PSX) Shares Right Away
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This is making the company's business model more stable.
- 12/30/2022
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Dive Into DuPont Analysis & Pick These 5 Top Stocks
- Do you have more faith in DuPont analysis than simple ROE calculation? Tap W.W. Grainger (GWW), Olympic Steel (ZEUS), Sprouts Farmers Market (SFM), Group 1 Automotive (GPI) and Phillips 66 (PSX).
- 12/30/2022
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Up Over 15%, Do These Dividend Stocks Have More Room to Run in 2023?
- The fundamentals remain intact for these industry-leading businesses.
- 12/30/2022
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Our Top 7 Oil Stock Predictions for 2023
- Although geopolitics and brewing ideological directives (such as initiatives to combat climate change) cloud the longer-term trajectory of hydrocarbons, the reality is that investors can reasonably have confidence in the top oil stock predictions for 2023. Essentially, the underlying resources offer a mixture of infrastructural support and high energy density.
- 12/27/2022
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Are Oils-Energy Stocks Lagging Phillips 66 (PSX) This Year?
- Here is how Phillips 66 (PSX) and Patterson-UTI (PTEN) have performed compared to their sector so far this year.
- 12/27/2022
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5 Oil & Gas Stocks Still on Sale Despite Sector Boom
- We are betting on five Buy-ranked value stocks MUSA, NEX, PSX, PUMP and LBRT to cushion the portfolio as well as make some gains from the energy sector's upside potential.
- 12/27/2022
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Phillips 66 (PSX) Is a Trending Stock: Facts to Know Before Betting on It
- Phillips 66 (PSX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 12/23/2022
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With Bear Market Scars, These 26 Stocks Expect Up To 1,220% Growth
- Oil stocks dominate this list of today's fastest-growing stocks, all eyeing 100%-1,220% EPS gains this year. The post With Bear Market Scars, These 26 Stocks Expect Up To 1,220% Growth appeared first on Investor's Business Daily.
- 12/21/2022
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BP Appears to be a Solid Investment Bet Now: Here's Why
- Attractive oil price is aiding BP's upstream operations.
- 12/21/2022
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Phillips 66 to Announce Fourth-Quarter Financial Results
- HOUSTON--( BUSINESS WIRE )--Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Tuesday, Jan. 31, 2023, to discuss the company's fourth-quarter 2022 financial results, which will be released earlier that day.
- 12/15/2022
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Why it is Worth Adding MPLX Stock to Your Portfolio Now
- Being a leading midstream energy player, MPLX has the least exposure to commodity price fluctuations.
- 12/15/2022
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3 High-Yield Energy Stocks You Can Hold for Years
- Energy dividends have become very attractive on the stock market.
- 12/12/2022
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Phillips 66 (PSX) Unveils $2B Capital Spending Program for 2023
- Phillips 66 (PSX) will invest $1.1 billion in growth projects, 50% of which will be allocated to low-carbon opportunities.
- 12/12/2022
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Here's Why Phillips 66 (PSX) is Poised for a Turnaround After Losing 12% in 4 Weeks
- Phillips 66 (PSX) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 12/12/2022
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Investors Heavily Search Phillips 66 (PSX): Here is What You Need to Know
- Recently, Zacks.com users have been paying close attention to Phillips 66 (PSX). This makes it worthwhile to examine what the stock has in store.
- 12/12/2022
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The 3 Best Oil Stocks to Buy Before the End of 2022
- These oil stocks are well positioned heading into the new year.
- 12/11/2022
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Gasoline Is Below Year-Ago Levels and It's Crushing Refiners
- The average U.S. gasoline price on Friday was $3.32 per gallon, down from $3.34 a year ago.
- 12/09/2022
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Is Phillips 66 (PSX) Stock Outpacing Its Oils-Energy Peers This Year?
- Here is how Phillips 66 (PSX) and Patterson-UTI (PTEN) have performed compared to their sector so far this year.
- 12/09/2022
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3 Oil Stocks to Buy for 2022 and Beyond
- These companies should benefit from continued strong demand for crude oil.
- 12/08/2022
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Phillips 66: 3.7% Dividend Yield, Growing At 18% CAGR
- Phillips 66 has a capital allocation policy that's split between dividends and buybacks. Presently, Phillips 66's dividend yield is around 3.7%. However, its dividend continues to increase as the buybacks continue to take place.
- 12/05/2022
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Phillips 66 (PSX) Up 5% Since Last Earnings Report: Can It Continue?
- Phillips 66 (PSX) reported earnings 30 days ago. What's next for the stock?
- 12/01/2022
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Phillips 66 (PSX) Shows Fast-paced Momentum But Is Still a Bargain Stock
- Phillips 66 (PSX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 12/01/2022
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CVX to Commence Venezuelan Oil Output Amid Easing Sanctions
- The U.S. OFAC grants a six-month license to CVX, allowing the company to produce crude oil and petroleum products in its projects in Venezuela.
- 12/01/2022
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7 Stocks to Buy to Beat Next Year's Interest Rate Blues
- With the Federal Reserve committed to tackling historically high inflation through hawkish monetary policies, it's time for investors to consider the best stocks to buy for rising interest rates. Sure, some indicators suggest that the central bank might loosen its stance.
- 11/30/2022
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Why it is Worth Buying Phillips 66 (PSX) Shares Right Away
- Phillips 66 (PSX) focuses more on businesses like midstream, renewables and chemicals. This is making Phillips 66's business model more stable.
- 11/30/2022
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Are Investors Undervaluing Phillips 66 (PSX) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/30/2022
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Here is What to Know Beyond Why Phillips 66 (PSX) is a Trending Stock
- Phillips 66 (PSX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/30/2022
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Energy stocks continue to outperform the market
- Ari Wald, head of technical analysis at Oppenheimer, joins 'The Exchange' for a conversation on the strength of stocks in oil production and refinement, the overall market lift brought on by gains in the energy sector and the structural shift underway within the energy market.
- 11/28/2022
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7 Oil Stocks to Buy as the Winter Chill Beckons
- A few weeks ago, the U.S. Energy Information Administration noted that households across the nation will likely spend more on energy this winter compared to prior cold seasons, thus potentially boosting oil stocks to buy. To be clear, the focus of the aforementioned report centered on natural gas and heating-related solutions.
- 11/28/2022
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Phillips 66 (PSX) is a Top-Ranked Value Stock: Should You Buy?
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 11/25/2022
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Time to Get Bullish on These 4 Refining & Marketing Stocks
- The Zacks Oil and Gas - Refining & Marketing operators like MPC, PSX, MUSA and PBF are expected to deliver strong operating performance due to the continued favorable market environment.
- 11/25/2022
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Why it is Worth Adding MPLX Stock to Your Portfolio Now
- Being a leading midstream energy player, MPLX has the least exposure to commodity price fluctuations.
- 11/25/2022
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Is Phillips 66 (PSX) Outperforming Other Oils-Energy Stocks This Year?
- Here is how Phillips 66 (PSX) and Patterson-UTI (PTEN) have performed compared to their sector so far this year.
- 11/23/2022
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Phillips 66 (PSX) is a Great Momentum Stock: Should You Buy?
- Does Phillips 66 (PSX) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 11/18/2022
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Stock Market Falls Amid Cautious Comments From Fed Official; 6 Breakout Stocks To Watch
- The stock market ended lower Thursday, as St. Louis Fed President Bullard suggested that the Fed will keep raising rates to curb inflation. The post Stock Market Falls Amid Cautious Comments From Fed Official; 6 Breakout Stocks To Watch appeared first on Investor's Business Daily.
- 11/17/2022
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Best Growth Stocks to Buy for November 17th
- HEES, LPLA and PSX made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 17, 2022.
- 11/17/2022
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Best Income Stocks to Buy for November 17th
- PSX made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 17, 2022.
- 11/17/2022
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New Strong Buy Stocks for November 17th
- PSX, DCP, RDY, PDFS and CRZBY have been added to the Zacks Rank #1 (Strong Buy) List on November 17, 2022.
- 11/17/2022
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Best Value Stocks to Buy for November 17th
- PSX, DCP and CORR made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 17, 2022.
- 11/17/2022
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Phillips 66 (PSX)
- Phillips 66 (PSX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 11/14/2022
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How Phillips 66's New CEO Plans To Boost Shareholder Returns
- Phillips 66 held its "Investor Day 2022" gathering yesterday and unveiled a relatively fresh strategy to significantly boost investor returns through 2024. The strategy focuses on actually wringing-out the promised rewards of PSX's previous multi-year strategic plan to diversify by heavily investing in midstream and chemicals assets.
- 11/10/2022
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Phillips 66 (PSX) is Attracting Investor Attention: Here is What You Should Know
- Phillips 66 (PSX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 11/10/2022
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This oil refiner is cutting 1,100 jobs — and giving billions of dollars to its shareholders
- Phillips 66 is cutting at least 1,100 jobs by the end of this year as the refining giant seeks to slash costs and steer a larger chunk of its soaring profits to shareholders.
- 11/09/2022
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Refiner Phillips 66 to boost investor returns by up to $12B
- Phillips' investor-return plan comes at a time President Biden has demanded that energy companies invest their profit into boosting production before considering shareholder returns.
- 11/09/2022
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Phillips 66 is planning to return $10 to $12 billion to shareholders by the end of 2024
- Phillips 66 PSX, -0.30% said Wednesday it is planning to return $10 billion to $12 billion to shareholders through the end of 2024 through a mix of share buybacks and dividends. In a statement ahead of an investor day, the diversified energy company said its board has added $5 billion to its share buyback program, boosting the total to $20 billion.
- 11/09/2022
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Is It Time to Dive Back into Stocks?
- The strength in the economy indicates that Fed actions will continue, so it's better to go for safer stocks.
- 11/07/2022
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Phillips 66 (PSX) Q3 Earnings Beat on Higher Refining Margins
- Strong refining margins worldwide aid Phillip 66's (PSX) earnings in Q3.
- 11/07/2022
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Why Oil Stocks Occidental Petroleum, Devon Energy, and Phillips 66 Rallied in October
- OPEC+ decided to cut production, even with oil prices well above where they were last year.
- 11/05/2022
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3 Dirt Cheap Dividend Stocks to Buy in November and Hold for Decades
- Here are high-quality companies at a good value to boost your passive income stream.
- 11/05/2022
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Are Oils-Energy Stocks Lagging Phillips 66 (PSX) This Year?
- Here is how Phillips 66 (PSX) and SilverBow Resources (SBOW) have performed compared to their sector so far this year.
- 11/03/2022
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Why Phillips 66 Was Rising Today
- Earnings beat expectations, as refined products remained in relatively high demand.
- 11/01/2022
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Phillips 66 (PSX) Q3 2022 Earnings Call Transcript
- Phillips 66 (NYSE:PSX ) Q3 2022 Earnings Conference Call November 1, 2022 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - President and CEO Kevin Mitchell - EVP and CFO Rich Harbison - SVP, Refining Brian Mandell - EVP, Marketing and Commercial Tim Roberts - EVP, Midstream Conference Call Participants Doug Leggate - Bank of America Neil Mehta - Goldman Sachs Roger Read - Wells Fargo Ryan Todd - Piper Sandler John Royall - JPMorgan Matthew Blair - Tudor, Pickering, Holt & Co. Paul Cheng - Scotiabank Jason Gabelman - Cowen and Company Operator Welcome to the Third Quarter 2022 Phillips 66 Earnings Conference Call. My name is Sylvie, and I will be your operator for today's call.
- 11/01/2022
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Is Phillips 66 (PSX) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/01/2022
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Phillips 66 (PSX)
- Phillips 66 (PSX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 10/28/2022
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These 3 Top-Ranked Energy Stocks Pay Investors Nicely
- The Zacks Oils and Energy Sector has been hot in 2022, up more than 35% and easily outperforming the S&P 500. Is there more gas left in the tank?
- 10/26/2022
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Phillips 66 (PSX) Is a Trending Stock: Facts to Know Before Betting on It
- Phillips 66 (PSX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 10/26/2022
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Phillips 66: Q3 Earnings Should Come Out Strong
- Phillips 66 is about to report its Q3 2022 results next week. Right now investors are acutely aware of the impact that China's restrictive lockdown policies are having on oil prices. Too aware, if you will.
- 10/24/2022
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7 Oil Stock Predictions for 2023
- When considering oil stock predictions for 2023, the arguably logical choice is that valuations for the sector will rise. Fundamentally, skyrocketing inflation this year imposed substantial burdens on consumers.
- 10/20/2022
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Why Phillips 66 (PSX) is a Top Growth Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 10/18/2022
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Investors Heavily Search Phillips 66 (PSX): Here is What You Need to Know
- Zacks.com users have recently been watching Phillips 66 (PSX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 10/14/2022
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What Makes Phillips 66 (PSX) a Strong Momentum Stock: Buy Now?
- Does Phillips 66 (PSX) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 10/13/2022
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Bet on 3 Dividend Stocks to Combat Energy Market Volatility
- Three energy stocks - Marathon (MPC), Valero Energy (VLO) and Phillips 66 (PSX) - are well-poised to gain, though the oil pricing scenario since the onset of the pandemic looks extremely volatile.
- 10/13/2022
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Phillips 66 (PSX) Is Attractively Priced Despite Fast-paced Momentum
- Phillips 66 (PSX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 10/12/2022
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The 7 Best Dividend Stocks to Buy for Your Grandkids
- Markets have been wildly volatile. Since August the Dow Jones Industrial Average is down about 15%.
- 10/11/2022
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7 Energy Stocks to Buy on the Historic OPEC Production Cuts
- The Organization of the Petroleum Exporting Countries (OPEC) and its non-member allies (OPEC+) cut crude oil production by two million barrels per day. Naturally, this action imposes supply flow disruptions that sent prices higher.
- 10/10/2022
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Is the Oil Price Going to Keep Going Up?
- OPEC is the news of the day, but long term there may be good news for oil prices.
- 10/05/2022
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Top Dividend Stock: Phillips 66 Races To Top With Hot Growth And Big Dividend
- Dividend stock Phillips 66 is a diversified energy company operating through four segments: midstream, refineries, chemicals and marketing. The post Top Dividend Stock: Phillips 66 Races To Top With Hot Growth And Big Dividend appeared first on Investor's Business Daily.
- 10/05/2022
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Why Phillips 66 (PSX) Could Beat Earnings Estimates Again
- Phillips 66 (PSX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/05/2022
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Why Oil Stocks ExxonMobil, Phillips 66, and Marathon Oil Were Higher Today
- Oil prices jumped 5% as OPEC+ signaled a production cut.
- 10/03/2022
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Why Oil Stocks Are In Rally Mode Today
- The oil market got some good news.
- 09/28/2022
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Why it is Worth Buying Phillips 66 (PSX) Shares Right Away
- Phillips 66 (PSX) is focusing more on businesses like midstream, renewables and chemicals. This is making Phillips 66's business model more stable.
- 09/27/2022
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Phillips 66 Requires Patience With Many Moving Parts
- Large oil refiner Phillips 66, a $36.6 billion market cap company, pays a 5.1% dividend. Profits come from midstream, chemicals, refining, and marketing & specialties. 2Q22 results were exceptional and 3Q22 results are likely to be strong.
- 09/25/2022
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Why ExxonMobil, Occidental Petroleum, and Phillips 66 Stocks Just Dropped
- Should you buy this oil stock sell-off?
- 09/23/2022
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Is This the Best Value in the Midstream Sector?
- Over the past week, I have discussed investing in the midstream versus oil and gas sector and the best way to invest in hydrocarbons in the face of the changing climate.
- 09/21/2022
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Phillips 66: A Coiled Spring Yielding 4.7%
- PSX has dropped $6 since my last Seeking Alpha article recommending investors HOLD the stock due to the pending DCP acquisition bid. That does not appear to be rational given PSX could earn $16/share this year and the new 150,000 bpd Frac4 unit is expected to come online any day now.
- 09/20/2022
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5 Low Price-to-Book Stocks Suitable for Value Investors
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. BorgWarner (BWA), Phillips 66 (PSX), The GEO Group (GEO), Patrick Industries (PATK) and Ford Motor Company (F) are some such stocks.
- 09/20/2022
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Our 7 Favorite Oil Stocks Heading Into Q4
- When it comes to the overriding narrative of oil stocks to buy in 2022, the framework points to an obvious catalyst: Russia, Russia, Russia. With its invasion of neighboring Ukraine, the action tilted the energy market off kilter.
- 09/15/2022
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Why Phillips 66 Stock Is Slumping Today
- Oil prices continue to cool off on macroeconomic concerns.
- 09/15/2022
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Best Momentum Stocks to Buy for September 13th
- PSX, RGA and CDNS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 13, 2022.
- 09/13/2022
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Best Income Stocks to Buy for September 13th
- FSK, PSX and RGA made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 13, 2022.
- 09/13/2022
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Best Value Stocks to Buy for September 13th
- UFPI, KLBAY and PSX made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 13, 2022.
- 09/13/2022
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New Strong Buy Stocks for September 13th
- KLBAY, STLA, PSX, UFPI, and CDNS have been added to the Zacks Rank #1 (Strong Buy) List on September 13, 2022.
- 09/13/2022
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Phillips 66 to Announce Third-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)---- $PSX--Phillips 66 executive management will host a webcast at noon ET on Tuesday, Nov. 1, 2022, to discuss third-quarter 2022 financial results.
- 09/12/2022
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Phillips 66 (PSX) is a Top-Ranked Value Stock: Should You Buy?
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 09/12/2022
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Good Stocks To Buy Right Now? 3 Natural Gas Stocks To Watch
- Could now be a good time to invest in these natural gas companies?
- 09/12/2022
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Buy These Dividend Stocks to Stabilize Your Portfolio Returns
- Dividend stocks are a great way to balance the losses you are likely to make if the markets continue to swing lower.
- 09/07/2022
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5 Low Price-to-Book Stocks to Buy in September
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. BorgWarner (BWA), Phillips 66 (PSX), The GEO Group (GEO), ASE Technology Holding (ASX) and Delek US Holdings (DK) are some such stocks.
- 09/05/2022
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Here is What to Know Beyond Why Phillips 66 (PSX) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Phillips 66 (PSX). This makes it worthwhile to examine what the stock has in store.
- 09/01/2022
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3 Incredibly Cheap Dividend Stocks
- End-of-summer sales are happening now, and they're coming from all sorts of sectors.
- 08/30/2022
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Warren Buffet Adds Big to Oil Positions: 7 Dividend Energy Stocks to Grab Now Before Prices Explode
- If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world.
- 08/24/2022
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Phillips 66 Makes A Big Move, But Enbridge Benefits More
- Last week, Phillips 66 made a big move to increase its economic interest in DCP Midstream. First, PSX announced it increased its stake in DCP from 28.26% to 43.31% by buying some of Enbridge's stake in what used to be a 50/50 joint venture.
- 08/22/2022
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These High-Yield Energy Stocks Are Making a Needle-Moving Trade to Enhance Their Dividends
- The energy companies are focusing on what they do best.
- 08/19/2022
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Is Trending Stock Phillips 66 (PSX) a Buy Now?
- Zacks.com users have recently been watching Phillips 66 (PSX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 08/18/2022
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Why Phillips 66 (PSX) is a Top Growth Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 08/16/2022
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Phillips 66 (PSX) Just Reclaimed the 20-Day Moving Average
- Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?
- 08/10/2022
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Phillips 66 (PSX) Just Overtook the 200-Day Moving Average
- Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?
- 08/10/2022
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7 Undervalued Income Stocks to Buy for Safety
- With tough times come tough measures, which helps to explain why a number of companies have initiated job cuts. However, organizations that already pay their shareholders dividends are reluctant to cut them, as such a move would yield substantial criticism.
- 08/08/2022
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3 Dirt Cheap High-Yield Dividend Stocks to Buy in August
- These three companies are putting up excellent results.
- 08/08/2022
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Here's Why Phillips 66 (PSX) is a Strong Value Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 08/04/2022
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3 Energy Stocks Riding the Benefits of Strong Pricing
- Earnings results from this group of stocks therefore continue to benefit from the effects of strong pricing.
- 08/03/2022
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Bull of the Day: Phillips 66 (PSX)
- It pays to be a refiner in 2022.
- 08/03/2022
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5 Promising Price-to-Book Value Stocks to Buy in August
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. Ford Motor Company (F), Phillips 66 (PSX), Turtle Beach Corporation (HEAR), ASE Technology Holding (ASX) and Signet Jewelers Limited (SIG) are some such stocks.
- 08/02/2022
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5 Must-Buy Momentum Stocks for August After a Fabulous July
- We have narrowed our search to five large-cap momentum stocks that have solid upside left for the rest of 2022. These are: CHRW, VLO, PSX, CSL and FICO.
- 08/01/2022
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Phillips 66 (PSX) CEO Greg Garland on Q2 2022 Results - Earnings Call Transcript
- Phillips 66 (NYSE:PSX ) Q2 2022 Earnings Conference Call July 29, 2022 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - President and CEO Kevin Mitchell - EVP and CFO Brian Mandell - EVP, Marketing and Commercial Tim Roberts - EVP, Midstream Rich Harbison - SVP, Refining Conference Call Participants Neil Mehta - Goldman Sachs Douglas Leggate - Bank of America Roger Read - Wells Fargo Ryan Todd - Piper Sandler Manav Gupta - Credit Suisse Theresa Chen - Barclays Matthew Blair - Tudor, Pickering, Holt John Royall - JPMorgan Paul Cheng - Scotiabank Operator Welcome to the Second Quarter 2022 Phillips 66 Earnings Conference Call. My name is Joanna, and I will be your operator for today's call.
- 07/29/2022
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Phillips 66 (PSX) Q2 Earnings and Revenues Top Estimates
- Phillips 66 (PSX) delivered earnings and revenue surprises of 14.36% and 43.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2022
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Phillips 66 (PSX) to Report Q2 Earnings: Is a Beat in Store?
- Higher demand for refined petroleum products is likely to have aided Phillips 66's (PSX) earnings in Q2.
- 07/27/2022
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Wall Street Analysts See a 32% Upside in Phillips 66 (PSX): Can the Stock Really Move This High?
- The average of price targets set by Wall Street analysts indicates a potential upside of 31.8% in Phillips 66 (PSX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 07/22/2022
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Phillips 66: Buy The Dip Prior To Q2 Report
- With 2 million bpd of crude throughput capacity, Phillips 66 is one of the largest American refiners. However, PSX also has significant chemicals and midstream assets that have, historically, delivered higher margins as compared to refining.
- 07/21/2022
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Why Oil Stocks Are Slipping Today
- Oil prices are down -- but not by much, and perhaps not for long.
- 07/21/2022
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Looking for Earnings Beat? Play These 5 Stocks
- Invest in top-ranked stocks like Callaway Golf (ELY), Ulta Beauty (ULTA), Albemarle (ALB), Marathon Petroleum (MPC) and Phillips 66 (PSX) that are set to beat earnings estimates.
- 07/20/2022
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Why Nobody Wants to "Drill, Baby, Drill"
- Gasoline prices are high for consumers, but why don't oil companies want to drill for more oil? There's a good reason.
- 07/20/2022
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Phillips 66: This 4.8% Refinery Yield Is A Bargain
- Phillips 66 is a diversified, growing company in the energy sector. The company has attractive long-term prospects for dividend growth.
- 07/18/2022
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7 ‘Strong Buy' Dividend Stocks Can Help Inflation-Proof Your Portfolio Now
- There was palatable fear earlier this week, ahead of the staggering consumer price index number that came out Wednesday, and with good reason.
- 07/14/2022
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Daily Dividend Report: Cummins, Marsh McLennan, Baxter International, Realty Income, Phillips 66
- Daily Dividend Report: Cummins, Marsh McLennan, Baxter International, Realty Income, Phillips 66
- 07/13/2022
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JP Morgan Sees Oil at $190 a Barrel or More: 7 Big Dividend Stocks to Buy Now
- With oil trading back under $100 a barrel and to the lowest levels in three months, many across Wall Street are starting to walk away from the energy trade.
- 07/13/2022
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Best Income Stocks to Buy for July 11th
- PAA, PSX, and SU made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 11, 2022.
- 07/11/2022
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New Strong Buy Stocks for July 11th
- PSX, X, SU, PAA, and MERC have been added to the Zacks Rank #1 (Strong Buy) List on July 11, 2022.
- 07/11/2022
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Phillips 66: Buy The Drop On This High Yield
- Phillips 66 is generating solid cash flow, which management has used to pay down debt. It's aggressively repurchased its shares over the past decade, and the company plans on resuming share buybacks.
- 07/09/2022
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What to Buy When Markets Sell Off
- Whatever your end goals, it pays to buy into attractive markets at cheap valuations.
- 07/07/2022
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Top 5 Value Picks Amid Concerns of Slowing U.S. Economy
- We have narrowed our search to five value stocks. These are: GPI, GEF, GIII, CAR and PSX.
- 07/06/2022
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Best Income Stocks to Buy for July 6th
- PAA, PSX, and FULT made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 6, 2022.
- 07/06/2022
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Best Value Stocks to Buy for July 6th
- TNP, IMO, and PSX made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 6, 2022.
- 07/06/2022
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New Strong Buy Stocks for July 6th
- PAA, PSX, SWIR, TNP and IMO have been added to the Zacks Rank #1 (Strong Buy) List on July 6, 2022.
- 07/06/2022
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Why Oil Stocks Are Tumbling Today
- Oil prices plunged below $100 a barrel for the first time since early May.
- 07/05/2022
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3 Passive Income Opportunities the Bear Market Has Churned Up
- Falling share prices have pushed up these stocks' dividend yields.
- 07/02/2022
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Why Occidental Petroleum, Devon Energy, and Phillips 66 Plunged Today
- The price of oil fell as recession fears mounted. But Warren Buffett isn't buying it.
- 06/29/2022
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Monday's Stock Winners Are All in 1 Place
- One part of the stock market outshined the rest.
- 06/27/2022
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Exclusive: Phillips 66 made renewable fuels without proper permits - regulators
- California regulators allege that U.S. refiner Phillips 66 improperly began processing renewable diesel in a unit at its Rodeo, California refinery, the company confirmed to Reuters.
- 06/24/2022
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Big oil execs meet with Energy Sec. Jennifer Granholm
- CNBC's Eamon Javers joins Shep Smith to report on a meeting today between energy company executives and Energy Secretary Jennifer Granholm.
- 06/23/2022
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Oil CEOs call for 'tone shift' from White House on finger-pointing over gas prices
- The oil industry pushed for an easing of tensions and a dialing back of finger-pointing from the White House during a Thursday meeting with the Energy Department as high gas prices continue to anger politicians and consumers.
- 06/23/2022
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U.S. oil refinery execs meet with Biden over high gas prices
- Yahoo Finance's Jennifer Schonberger reports on the top takeaways from President Biden's meeting with seven oil refinery executives.
- 06/23/2022
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Why Chevron, Core Labs, and Phillips 66 Stocks Dropped Today
- Oil prices are down today, and oil stocks are following them down.
- 06/23/2022
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Why Are Oil Stocks Down Today?
- Given rather weak forward expectations of demand right now, oil stocks are getting hit hard as recession fears loom large. The post Why Are Oil Stocks Down Today?
- 06/23/2022
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Phillips 66 (PSX) CEO Greg Garland Presents at JP Morgan Energy, Power & Renewables Conference (Transcript)
- Phillips 66 (NYSE:PSX ) JP Morgan Energy, Power & Renewables Conference Call June 22, 2022 9:50 AM ET Company Participants Greg Garland - Chairman and Chief Executive Officer Mark Lashier - President and Chief Operating Officer Kevin Mitchell - Chief Financial Officer Jeff Dietert - Vice President, Investor Relations Conference Call Participants Philip Gresh - JPMorgan Philip Gresh Okay, great. So, good morning, everyone and thank you for joining us for this fireside chat with the management team of Phillips 66.
- 06/22/2022
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Phillips 66: 6% Capital Return Program
- Phillips 66 is well-positioned for high crude oil prices. Yet note that its refining business is its smallest segment. Phillips 66 carries more than $11 billion of net debt, a significant sum. This will get in the way of Phillips 66 meaningfully increasing its capital return to shareholders.
- 06/22/2022
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Refiner Phillips 66 stock rallies more than 6% in best performance since late 2020
- Phillips 66 PSX, +6.32% stock rose more than 6% in midday trading Tuesday, on track for its largest percentage increase since Dec. 4, 2020, when it rose 6.6%. The refiner's stock traded as high as $96.10, making it the fourth best performer in the S&P 500 index.
- 06/21/2022
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Energy Stock Valuations Are Coming Down. Should You Buy?
- There are a number of reasons why the current weakness could be a godsend.
- 06/21/2022
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Bull of the Day: Phillips 66 (PSX)
- Money has been gushing for oil refiners.
- 06/21/2022
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Phillips 66 (PSX) Upgraded to Strong Buy: Here's Why
- Phillips 66 (PSX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 06/20/2022
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Best Momentum Stocks to Buy for June 20th
- DINO, PSX, and EGY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 20, 2022.
- 06/20/2022
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New Strong Buy Stocks for June 20th
- DINO, PSX, GEF, CMLS, and EPD have been added to the Zacks Rank #1 (Strong Buy) List on June 20, 2022.
- 06/20/2022
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7 High-Yield Dividend Stocks for All the Income Lovers
- With the market becoming increasingly unfriendly toward growth-oriented names, it's time to focus on high-yield dividend stocks to buy. The post 7 High-Yield Dividend Stocks for All the Income Lovers appeared first on InvestorPlace.
- 06/20/2022
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Why Exxon, Chevron, and Phillips 66 Shares Plunged on Friday
- Is the Federal Reserve going to rein in oil prices?
- 06/17/2022
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Biden threatens oil companies w/ 'emergency powers' if they don't boost supply amid inflation spike
- Rep. Ben Cline, R-Va., joined 'Kennedy' to weigh in on the Federal Reserve raising interest rates and Biden's letter to oil companies demanding they increase supply.
- 06/15/2022
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Biden sends letter warning oil companies on historically high refinery profits
- President Biden today accused the oil industry of profiting from record-high gas prices. He did so in an open letter to seven of the biggest oil companies, including Chevron, ExxonMobile and Shell.
- 06/15/2022
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Phillips 66 to Announce Second-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 executives will host a webcast at noon EDT on Friday, July 29, 2022, to discuss the company's second-quarter 2022 financial results.
- 06/15/2022
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Biden blasts refiners' profits as ‘not acceptable,' while Democratic senator targets Big Oil's ‘profiteering'
- Democratic-run Washington is continuing to make an effort to address high gasoline prices, with President Joe Biden targeting refiners and a top senator taking aim at oil companies' profits through an upcoming bill.
- 06/15/2022
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Phillips 66 (PSX) Recently Broke Out Above the 20-Day Moving Average
- Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?
- 06/15/2022
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Joe Biden orders oil companies to explain why they're cutting gasoline production as prices soar above $5 a gallon
- Joe Biden complained in his letter to companies including Exxon Mobil and Shell they are cutting back gas production purely to boost profits.
- 06/15/2022
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Biden threatens oil companies with 'emergency powers' if they don't boost supply amid inflation spike
- President Biden is blaming American oil companies for the surging price of gas in a series of letters to CEOs on Wednesday, expanding beyond blaming Vladimir Putin.
- 06/15/2022
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Why Phillips 66 Stock Surged Today
- Investors and analysts expect higher gas prices to boost the refiner's margins significantly in the second quarter.
- 06/14/2022
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$120 Oil: 3 Dividend Stocks That Still Look Cheap
- Investing in equal parts of these three stocks produces a dividend yield of over 4%.
- 06/11/2022
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Phillips 66: A Discount To Its Refining Peers
- The stock of Phillips 66 has been left in the dust by its larger refining peers Valero and Marathon. Yet the lack of global refining capacity is just as much a positive catalyst for PSX, and PSX's two refineries in Europe are ideally positioned.
- 06/08/2022
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Oil market signaling that energy stocks still look cheap, says Pickering's Dan Pickering
- Dan Pickering, Pickering Energy Partners, joins 'The Exchange' to discuss oil demand, prices and China's impact on the oil market.
- 06/06/2022
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3 Outperforming Energy Stocks with More in the Tank
- The global energy sector climbed to new highs last week as crude oil and natural gas prices rose. Based on forward-looking earnings estimates and sell-side price targets, there appears to be a lot more in the tank for these three energy companies.
- 06/01/2022
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7 Highest-Yielding Goldman Sachs Conviction List Stocks Can Thrive in a Recession
- Last week's final reading of a negative 1.5% gross domestic product for the first quarter (the first such print since the second quarter of 2020) was even worse than the preliminary reading, and it is a good sign that things could get worse before they get better.
- 05/31/2022
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3 Dirt Cheap Dividend Stocks Worth Buying and Holding for at Least 10 Years
- Bear markets are a great opportunity to make a wish list of companies worth owning for decades to come.
- 05/29/2022
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5 Energy Stocks Goldman Sachs Expects to Deliver More Than Dividends
- Extracting oil and natural gas from the earth is expensive. With crude oil and gas prices at current levels, it is reasonable to ask why energy companies are not spending more of their newfound wealth on pumping more of the stuff.
- 05/26/2022
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Phillips 66 (PSX) Up 4% on Dividend Hike & Rodeo Renewed Project
- Phillips 66 (PSX) gets authorization from the board of directors to hike its quarterly dividend.
- 05/19/2022
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7 Dividend Stocks to Buy That Analysts Love
- These dividend stocks distribute high yields and have strong buy ratings, making them great opportunities for passive income investors. The post 7 Dividend Stocks to Buy That Analysts Love appeared first on InvestorPlace.
- 05/18/2022
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7 No-Brainer Oil Stocks to Buy Now
- With people forced to buy hydrocarbon fuels, focusing on the best oil stocks to buy now is a cynically lucrative exercise. The post 7 No-Brainer Oil Stocks to Buy Now appeared first on InvestorPlace.
- 05/18/2022
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Phillips 66, Electronic Arts, and 5 More Companies That Raised Their Dividend
- Phillips 66, Cardinal Health, and Electronic Arts were among the U.S. companies that declared dividend increases this week.
- 05/14/2022
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Phillips 66 Will Be A Winner In A New Era For Oil & Gas
- The Phillips 66 Company has created shareholder value during the energy sector's lost decade. The PSX stock has created shareholder value during the energy sector's lost decade.
- 05/05/2022
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4 Top Oil Stocks To Watch In The Stock Market Today
- 4 top oil stocks for your May 2022 watch list.
- 05/02/2022
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Phillips 66's Cash Flow Increases The Safety Of Its Dividend Yield
- Seven new stocks make our Safest Dividend Yields Model Portfolio this month. Get a free look at one of the stocks in this month's portfolio.
- 05/02/2022
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Phillips 66's (PSX) CEO Greg Garland on Q1 2022 Results - Earnings Call Transcript
- Phillips 66 (NYSE:PSX ) Q1 2022 Earnings Conference Call April 29, 2022 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Greg Garland - Chairman and CEO Mark Lashier - President and COO Kevin Mitchell - Executive Vice President and CFO Bob Herman - Executive Vice President, Refining Brian Mandell - Executive Vice President, Marketing and Commercial Tim Roberts - Executive Vice President, Midstream Conference Call Participants Neil Mehta - Goldman Sachs Phil Gresh - JPMorgan Doug Leggate - Bank of America Roger Read - Wells Fargo Ryan Todd - Piper Sandler Manav Gupta - Credit Suisse Theresa Chen - Barclays Matthew Blair - TPH Jason Gabelman - Cowen Paul Cheng - Scotiabank Prashant Rao - Citi Operator Welcome to the First Quarter 2022 Phillips 66 Earnings Conference Call. My name is Erica, and I will be your operator for today's call.
- 04/29/2022
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Phillips 66 (PSX) Q1 Earnings Beat on Higher Refining Margins
- Strong refining margins on a worldwide basis aid Phillips 66's (PSX) earnings in Q1.
- 04/29/2022
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Phillips 66 (PSX) Tops Q1 Earnings and Revenue Estimates
- Phillips 66 (PSX) delivered earnings and revenue surprises of 15.79% and 23.28%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/29/2022
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7 Goldman Sachs Conviction List Dividend Stocks That Can Weather a Huge Sell-Off
- When every rally attempt fails, the big risk-on day Thursday aside, market veterans know that it is likely that the path of least resistance for the stock market is lower.
- 04/29/2022
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Refiner Phillips 66 posts profit as fuel demand hits pre-pandemic level
- U.S. refiner Phillips 66 posted a profit for the first quarter on Friday, compared with a year-earlier loss, as demand for fuel and refined products hovered near pre-pandemic levels.
- 04/29/2022
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Phillips 66 resumes $2.5 billion share buyback program
- Phillips 66 PSX, +5.06% said Friday it's re-starting its $2.5 billion share buyback program after suspending it in March 2020 to preserve liquidity. Under the plan, the company may repurchase its outstanding shares of common stock from time to time in open market or privately negotiated transactions.
- 04/29/2022
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Phillips 66 (PSX) to Post Q1 Earnings: What's in Store?
- A favorable refining business is likely to have aided Phillips 66's (PSX) earnings in Q1.
- 04/27/2022
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Why Shares of ExxonMobil, Chevron, and Phillips 66 Tanked Today
- It's earnings week for these oil stocks.
- 04/25/2022
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Time to Tap Oil Refiners' ETF Ahead of Earnings Season?
- The margin outlook for refiners look extremely promising due to huge demand for oil. Buyers are looking for alternatives to Russian fuel.
- 04/25/2022
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Phillips 66 (PSX) Reports Next Week: Wall Street Expects Earnings Growth
- 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.
- 04/22/2022
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Why Shares of Phillips 66 Bounced Higher on Monday
- Wall Street's new price target energized the bulls today.
- 04/18/2022
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5 Oil and Gas Stocks With More Fuel in the Tank
- Investors who missed out on the massive move in oil and gas stocks this year are probably kicking themselves right about now. But we have good news for them.
- 04/18/2022
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Looking For Great High Yield? Buy Phillips 66
- In this article, I explain why it's so tricky to find quality high-yield investments and what my own philosophy is in the income vs. growth debate. Phillips 66 is a phenomenal high-income stock as it not only has a high yield but also high (expected) dividend growth and a fantastic business model.
- 04/18/2022
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Phillips 66 CEO Garland to step down
- Phillips 66 said on Tuesday Greg Garland will step down as chief executive officer on July 1 after 10 years of being at the helm.
- 04/12/2022
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HF Sinclair Vs. Phillips 66: The Story Continued
- Focus on expanding capacity into the renewable fuels system.
- 04/06/2022
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Phillips 66 Vs. HF Sinclair: We See A Champion
- Lower P/E and better dividend yield compared to HF Sinclair.
- 04/05/2022
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Best Options YTD - Quarterly Review
- Best Options YTD - Quarterly Review
- 04/01/2022
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Top Traders Say Oil Really Could Hit $250: 6 Dividend Stocks to Buy Now
- In the winter of last year, Goldman Sachs started to warn about significantly higher oil prices coming, and you could bet that the potential from a Russia versus Ukraine war was not the main thesis for its call at that time.
- 03/29/2022
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7 Dividend Stocks That Can Withstand Inflation
- With soaring inflation destroying the purchasing power of the dollar, it's time to start protecting yourself with dividend stocks. The post 7 Dividend Stocks That Can Withstand Inflation appeared first on InvestorPlace.
- 03/24/2022
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3 Risky Energy Stocks To Avoid at All Costs
- Renewable and electric stocks are safer picks.
- 03/24/2022
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3 Unstoppable Dividend Stocks That Benefit From Higher Oil and Commodity Prices
- Investing in Caterpillar, Deere, and Phillips 66 can help your portfolio produce a reliable passive income stream.
- 03/20/2022
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Phillips 66 to Announce First-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast at noon EDT on Friday, April 29, 2022, to discuss the company's Q1 2022 financial results.
- 03/17/2022
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Call on CRAK for Energy Upside
- Oil prices are soaring, providing support for the energy sector's status as the best-performing group in the S&P 500. Shares of oil refiners are getting in on the act.
- 03/17/2022
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Why ExxonMobil, Chevron, and Other Large Oil Stocks Crashed Today
- OPEC's monthly oil report came out today, and it has a warning.
- 03/15/2022
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Deep Dive: 12 dividend stocks paying at least 3.5% that are well-suited for high inflation
- Investors may have turned for a moment from Russia's aggression in Ukraine to energy and supply shortages in the U.S. that are producing high inflation.
- 03/10/2022
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Phillips 66: Configured For Continued Profit Growth
- Phillips 66's diversified business segments, complex refineries, and investments in decarbonization will fuel steady cash flow generation going forward.
- 03/04/2022
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Phillips 66 Partners (PSXP) Dips Despite Q4 Earnings Beat
- Higher terminal throughput and refined product volumes aid Phillips 66 Partners' (PSXP) Q4 earnings.
- 03/03/2022
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Phillips 66 - That One Big Reason To Buy Shares
- Phillips 66 - That One Big Reason To Buy Shares
- 03/02/2022
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5 Energy Stocks Gurus Are Pumping Up
- In light of surging crude oil prices due to increasing geopolitical tensions, five energy stocks with high financial strength and high guru ownership are Exxon Mobil Corp. ( XOM , Financial), Chevron Corp. ( CVX , Financial), ConocoPhillips ( COP , Financial), EOG Resources ( EOG , Financial) and Phillips 66 ( PSX , Financial) according to the All-in-One Screener, a Premium feature of GuruFocus.
- 03/02/2022
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Phillips 66: Configured For Continued Profit Growth
- This stock has even more room to run and could be worth $130+/share.
- 03/01/2022
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Goldman Sachs Says Stay With Energy as $125 a Barrel Oil Is Possible: 5 Big Dividend Winners
- For well over a year we have covered the energy analyst research team at Goldman Sachs as they continued to make the case for higher oil prices.
- 02/28/2022
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4 Top Oil & Gas Stocks To Watch As Russia-Ukraine Crisis Escalates
- Could oil and gas stocks continue to rise amid the current conflict between Russia and Ukraine?
- 02/22/2022
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Best Stocks To Buy Now? 5 Oil Stocks For Your Watchlist
- Should you invest in oil stocks as multiple catalysts converge?
- 02/14/2022
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7 Oil Stocks to Buy as Multiple Catalysts Converge
- With a return to normal boosting demand and the specter of armed conflict threatening supply chains, oil stocks are hot again. The post 7 Oil Stocks to Buy as Multiple Catalysts Converge appeared first on InvestorPlace.
- 02/10/2022
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Should You Buy Phillips 66 (PSX) After Golden Cross?
- Is it a good or bad thing when a stock experiences a golden cross technical event?
- 02/08/2022
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What Makes Phillips 66 (PSX) a Strong Momentum Stock: Buy Now?
- Does Phillips 66 (PSX) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 02/03/2022
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Why Phillips 66 Stock Popped 17% in January
- The energy sector continued its bullish run from 2021.
- 02/03/2022
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Phillips 66 (PSX) is a Top-Ranked Momentum Stock: Should You Buy?
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 02/03/2022
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Phillips 66 (PSX) Recently Broke Out Above the 20-Day Moving Average
- When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?
- 02/02/2022
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Best Value Stocks to Buy for February 2nd
- UMC, PSX, and MATW made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 2, 2022
- 02/02/2022
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Best Income Stocks to Buy for February 2nd
- PTR, PSX, and CVX made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 2, 2022
- 02/02/2022
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New Strong Buy Stocks for February 2nd
- CVX, PSX, UMC, AMN, and GPRO have been added to the Zacks Rank #1 (Strong Buy) List on February 2, 2022.
- 02/02/2022
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Phillips 66's (PSX) CEO Greg Garland on Q4 2021 Results - Earnings Call Transcript
- Phillips 66's (PSX) CEO Greg Garland on Q4 2021 Results - Earnings Call Transcript
- 01/28/2022
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Phillips 66 (PSX) Q4 Earnings & Revenues Beat Estimates
- Stronger refining margins on a worldwide basis aid Phillips 66's (PSX) Q4 earnings.
- 01/28/2022
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Phillips 66 (PSX) Surpasses Q4 Earnings and Revenue Estimates
- Phillips 66 (PSX) delivered earnings and revenue surprises of 52.33% and 49.42%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 01/28/2022
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Why Stocks Were Down Today: What To Know Now As Markets Sell-Off
- Stock market wrap up for January 27, 2022 The post Why Stocks Were Down Today: What To Know Now As Markets Sell-Off appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 01/27/2022
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Is a Surprise Coming for Phillips 66 (PSX) This Earnings Season?
- Phillips 66 (PSX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 01/27/2022
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Earnings Previews: Caterpillar, Chevron, Phillips 66, Weyerhauser
- Companies beating earnings and revenue estimates far outnumber those that missed late Tuesday.
- 01/26/2022
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Phillips 66 (PSX) Gears Up for Q4 Earnings: What's in Store?
- Phillips 66, a diversified oil refiner, is likely to have capitalized on the mounting demand for petroleum products, aiding Q4 earnings.
- 01/25/2022
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Phillips 66 (PSX) Stock Sinks As Market Gains: What You Should Know
- In the latest trading session, Phillips 66 (PSX) closed at $82.83, marking a -0.73% move from the previous day.
- 01/24/2022
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Phillips 66's Recovering Financial Performance Could Lead To Sizable Dividend Growth
- We view Phillips 66's income growth upside potential quite favorably as its free cash flows should swell higher in 2022, aided by plans to keep its capital expenditures contained.
- 01/24/2022
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Phillips 66 (PSX) Earnings Expected to Grow: Should You Buy?
- 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.
- 01/21/2022
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5 Lucrative PEG Stocks for Value Investors
- Here are five value stocks, ACI, LH, PSX, FDX and SWRAY, matching our criteria.
- 01/18/2022
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Looking for a Fast-paced Momentum Stock at a Bargain? Consider Phillips 66 (PSX)
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Phillips 66 (PSX) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 01/17/2022
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Phillips 66: Dividend Growth Restarted, 10%+ Free Cash Flow Yield Means Plenty More
- After successfully sustaining their dividends amidst the economic crisis of 2020, Phillips 66 ended 2021 by restarting their dividend growth. Despite being impacted heavily, their cash flow performance was actually relatively good during 2020 with 2021 seeing a recovery.
- 01/15/2022
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Phillips 66 (PSX) Gains As Market Dips: What You Should Know
- Phillips 66 (PSX) closed at $86.78 in the latest trading session, marking a +0.56% move from the prior day.
- 01/13/2022
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Why the Earnings Surprise Streak Could Continue for Phillips 66 (PSX)
- Phillips 66 (PSX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/11/2022
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5 Very Different Ideas For A Tricky 2022 Investing Environment
- By almost any standard the overall stock market is very expensive right now. But the economy looks like it can still grow in the first half of 2022, and potentially longer than that.
- 01/09/2022
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Phillips 66's (PSX) CEO Greg Garland on Goldman Sachs Global Energy and Clean Technology Conference (Transcript)
- Phillips 66's (PSX) CEO Greg Garland on Goldman Sachs Global Energy and Clean Technology Conference (Transcript)
- 01/05/2022
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Best Income Stocks to Buy for December 28th
- PSX, AHH, GES, and ORI made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 28, 2021.
- 12/28/2021
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7 of the Best Long-Term Stocks to Buy in 2022
- With the market going on a roller-coaster ride recently, it's time to strategize for 2022 with these long-term stocks to buy. The post 7 of the Best Long-Term Stocks to Buy in 2022 appeared first on InvestorPlace.
- 12/23/2021
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Why it is Worth Buying Phillips 66 (PSX) Shares Right Away
- Phillips 66 (PSX) is now focusing more on businesses like midstream, renewables and chemicals. This is making Phillips 66's business model more stable.
- 12/17/2021
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Phillips 66 to Announce Fourth-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 management will host a webcast at noon EST on Friday, Jan. 28, 2022, to discuss fourth-quarter 2021 financial results.
- 12/16/2021
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Inventory Draw on All Fronts, Fed Stance Push Oil Higher
- With U.S. petroleum demand at record high levels, the likes of ConocoPhillips (COP), Phillips 66 (PSX), Occidental Energy (OXY) and PDC Energy (PDCE) should notch up healthy share gains.
- 12/16/2021
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Phillips 66 (PSX) Announces 2022 Spending Budget of $1.9B
- Phillips 66 (PSX) sets $916 million for growth capital, 45% of which will be directed toward low-carbon opportunities.
- 12/13/2021
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Phillips 66 Stock (PSX) : $93 Price Target From JPMorgan
- The shares of Phillips 66 (NYSE: PSX) have received a $93 price target from JPMorgan. These are the details.
- 12/10/2021
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Energy lags in past month, but traders bet on return to strength in 2022. Here's how to play it
- Energy stocks have taken a recent pause, a breather after a red-hot rally this year. More gains are on the horizon, according to two traders.
- 12/09/2021
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Top 5 Growth Stocks for December as Omicron Threats Ease
- We have narrowed our search to five large-cap growth stocks that have solid upside left for the rest of 2021. These are: TSLA, DVN, WSM, PSX and POOL.
- 12/07/2021
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Best Growth Stocks to Buy for December 6th
- HHR, PSX, and TGLS made it to the Zacks Rank #1 (Strong Buy) growth stocks list on December 6, 2021.
- 12/06/2021
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Phillips 66 (PSX) Scores Deal to Supply SAF to British Airways
- Phillips 66's (PSX) Humber refinery will be the first to significantly produce SAF, which can reduce more than 80% of carbon emissions compared with fossil jet fuels.
- 12/03/2021
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Best Growth Stocks to Buy for November 30th
- FRG, SU, and PSX made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 30, 2021.
- 11/30/2021
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Best Growth Stocks to Buy for November 26th
- PSX, TGLS, and OLN made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 26, 2021.
- 11/26/2021
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2 Attractively Priced Refiners for Total Returns and Income
- Global oil demand has climbed much higher this year, with both Brent and WTI crude moving about $80 a barrel. WTI crude is now slightly below this level, but it's well off the lows of last year.
- 11/26/2021
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Powell's Renomination Confirms Fed Policy Continuity: 5 Picks
- We have selected five stocks that have strong growth potential for the rest of 2021. These are Dow, PSX, BLDR, WLK and CAR.
- 11/23/2021
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Here is Why Growth Investors Should Buy Phillips 66 (PSX) Now
- Phillips 66 (PSX) could produce exceptional returns because of its solid growth attributes.
- 11/22/2021
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Why ExxonMobil, ConocoPhillips, and Phillips 66 Shares Sank Today
- President Biden says there's evidence that oil companies are price gouging, and investors are worried about what comes next.
- 11/19/2021
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Best Growth Stocks to Buy for November 19th
- HHR, CVS, PSX, and HCCI made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 19, 2021.
- 11/19/2021
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Phillips 66 Dividend Yield Pushes Past 5%
- In trading on Thursday, shares of Phillips 66 were yielding above the 5% mark based on its quarterly dividend (annualized to $3.68), with the stock changing hands as low as $73.00 on the day.
- 11/18/2021
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Top 5 Stocks to Buy at Deep Discount to Boost Portfolio Gains
- We have narrowed our search to five that are currently trading at a deep discount from their 52-week highs.These are: DOW\, CAR, PTC, PSX and DBX.
- 11/18/2021
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Goldman lays out top its energy plays
- Goldmans conviction list and six core themes. With CNBC's Brian Sullivan and the Fast Money traders, Karen Finerman, Steve Grasso, Pete Najarian and Mike Khouw.
- 11/16/2021
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Phillips 66 Ex-Dividend Reminder - 11/16/21
- On 11/16/21, Phillips 66 will trade ex-dividend, for its quarterly dividend of $0.92, payable on 12/1/21.
- 11/12/2021
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12 Upcoming Dividend Increases Including A Dividend King
- All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.
- 11/11/2021
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Phillips 66 to Present at BofA Securities Global Energy Conference
- HOUSTON--(BUSINESS WIRE)--Members of the Phillips 66 Executive Leadership Team will participate in the BofA Securities Global Energy Conference at 3 p.m. EST on Nov. 18.
- 11/11/2021
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My Dividend Growth Portfolio October Update: Blackstone Is Becoming A Problem
- My Dividend Growth Portfolio October Update: Blackstone Is Becoming A Problem
- 11/08/2021
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3 Reasons Why Phillips 66 (PSX) Is a Great Growth Stock
- Phillips 66 (PSX) could produce exceptional returns because of its solid growth attributes.
- 11/04/2021
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Phillips 66 Partners (PSXP) Q3 Earnings and Revenues Beat
- Phillips 66 Partners' (PSXP) pipelines business in the third quarter is supported by increased crude oil and refined petroleum products volumes.
- 11/01/2021
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Phillips 66 (PSX) Shows Fast-paced Momentum But Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Phillips 66 (PSX) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/01/2021
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Phillips 66 (PSX) CEO Greg Garland on Q3 2021 Results - Earnings Call Transcript
- Phillips 66 (PSX) CEO Greg Garland on Q3 2021 Results - Earnings Call Transcript
- 10/29/2021
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Phillips 66 (PSX) Q3 Earnings and Revenues Beat Estimates
- Phillips 66 (PSX) delivered earnings and revenue surprises of 63.08% and 40.13%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/29/2021
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Phillips 66 posts third-quarter profit as fuel demand rebounds
- U.S. refiner Phillips 66 on Friday posted a quarterly profit from a year-ago loss, as demand for fuel and refined products bounced back from pandemic lows thanks to COVID-19 vaccinations and easing restrictions on movement.
- 10/29/2021
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Phillips 66 (PSX) to Acquire Its Pipeline Partnership for $3.4B
- The acquisition is part of Phillips 66's (PSX) plans to simplify its governance and corporate structure.
- 10/28/2021
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Earnings Previews: Cameco, Chevron, Exxon Mobil, Phillips 66
- More than 100 companies in our watch list reported earnings after markets closed Monday and before they opened again on Tuesday.
- 10/27/2021
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Phillips 66 Stock Dips After Multi-Billion Buyout Deal
- The shares of Phillips 66 (NYSE:PSX) are down 3.2% to trade at $79.61 this morning, after the company announced it entered a definitive agreement with Phillips 66 Partners (PSXP) to buy its remaining units in an all-stock deal valued at $3.4 billion.
- 10/27/2021
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Phillips 66 to acquire remaining stake in partnership for $3.4 billion
- Phillips 66 said on Wednesday it will buy remaining units of Phillips 66 Partners it does not already own for $3.4 billion, as the refiner aims to simplify its governance and corporate structure.
- 10/27/2021
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Phillips 66 to acquire Phillips 66 Partners in an all-stock deal valued at about $3.4 billion
- Phillips 66 PSX, -1.80% said Wednesday it has agreed to acquire all of the common units of Phillips 66 Partners pxsp it does not already own in an all-stock deal valued about $3.4 billion. Under the terms of the deal, Phillips 66 Partners unitholders would receive 0.50 shares of Phillips 66 common stock for each unit owned, while the partnership's preferred units would be converted into common units at a premium to the original issuance price.
- 10/27/2021
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Phillips 66 (PSX) Gears Up for Q3 Earnings: What's in Store?
- Phillips 66's (PSX) third-quarter profits are expected to have risen on higher energy demand.
- 10/26/2021
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Phillips 66 (PSX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- 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.
- 10/22/2021
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Phillips 66 (PSX) Rewards Investors With Dividend Increase
- Since inception in 2012, Phillips 66 (PSX) has successfully hiked dividends 10 times.
- 10/13/2021
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3 Dependable High-Yield Dividend Stocks to Buy Hand Over Fist Right Now
- High yield and attractive valuations? Yes, please.
- 10/10/2021
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Phillips 66 Announces Increase in Quarterly Dividend, Repayment of Debt
- HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has declared a quarterly dividend of 92 cents per share on Phillips 66 common stock.
- 10/08/2021
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Recent Analyst Upgrade Brings These 5 Stocks in the Limelight
- Investors keep tabs on broker-friendly stocks like C.H. Robinson (CHRW), ArcBest (ARCB), AutoNation (AN), Phillips 66 (PSX) and Peabody Energy (BTU) as they strive hard for handsome returns.
- 10/08/2021
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Phillips 66 (PSX) Announces Ambitious Plan of Reducing GHG
- From its operations, Phillips 66 (PSX) has set a target of lowering Scope 1 and Scope 2 emissions intensity by 30% by 2030.
- 10/01/2021
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Joule Financial's Tatro expects Phillips 66 to do well in Q4
- Phillips 66 (NYSE: PSX) plans on cutting greenhouse gas emissions intensity from its operations and energy products by 2030, the Houston-based company revealed in a press release on Thursday. Phillips 66's new emissions targets Compared to 2019 levels, Phillips 66 is committing to a 30% reduction in direct and indirect emissions from its operations.
- 09/30/2021
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3 Oil Refiners to Gain as EPA Considers a Blending Requirement Cut
- It's time to keep an eye on oil refiners since the biofuel blending requirements could possibly get substantially lowered. Valero (VLO), PBF Energy (PBF) and Phillips 66 (PSX) are well poised to gain.
- 09/23/2021
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Phillips 66: Alliance Refinery Is A Big Headache - Sell It Or Shut It
- Phillips 66's Alliance refinery in Louisiana has been one big headache: it's either hurricanes or very low profitability. In an era of ESG and EVs, it makes sense for PSX to either sell it - or if it cannot - simply shut it down.
- 09/17/2021
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Phillips 66 to Announce Third-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast at noon EDT on Friday, Oct. 29, to discuss the company's third-quarter 2021 financial results.
- 09/15/2021
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Exclusive-California Bay area regulators probe Phillips 66 refinery work -email
- California Bay Area regulators are investigating whether Phillips 66 failed to obtain necessary permits to produce renewable fuels at its oil refinery in Rodeo, according to an email reviewed by Reuters.
- 09/15/2021
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Phillips 66 (PSX) is a Top-Ranked Growth Stock: Should You Buy?
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 09/15/2021
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Phillips 66 Contributes a Total of $1 Million to American Red Cross for Ida Relief Efforts
- HOUSTON--(BUSINESS WIRE)--Phillips 66 today announced it will contribute an additional $500,000 to the American Red Cross to assist Hurricane Ida relief efforts.
- 09/07/2021
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Phillips 66: How To Deal With Weakness
- Phillips 66 has been a tricky stock as energy, pressured by weakening economic sentiment, continues to annoy investors.
- 09/02/2021
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Phillips 66 Contributes $500,000 to American Red Cross for Hurricane Ida Relief Efforts
- HOUSTON--(BUSINESS WIRE)--Phillips 66 will contribute $500,000 to the American Red Cross to assist relief efforts after Hurricane Ida swept through southeastern Louisiana.
- 09/01/2021
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Phillips 66 (PSX) in Talks to Divest Its Alliance Refinery
- Phillips 66's (PSX) initiative to divest Alliance refinery reflects possibilities of its refining business suffering in the long run since demand for cleaner fuel is on the rise.
- 08/26/2021
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Friday Afternoon Analyst Upgrades and Downgrades: Microsoft, Petco Health, Phillips 66 and More
- With the trading day more than halfway over, the broad markets made a big push higher to close out the week after a series of down days.
- 08/20/2021
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Why Energy Stocks Are Down This Week
- Energy stocks took it on the chin this week.
- 08/19/2021
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Oil Stocks Rattled by Rising Gasoline Supplies, Delta Scare
- Some of the top losers of the S&P 500 yesterday were energy-related names Chevron (CVX), Marathon Oil (MRO), Diamondback Energy (FANG), Devon Energy (DVN), Occidental Petroleum (OXY) and Phillips 66 (PSX).
- 08/19/2021
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Deals by Chesapeake, Viper Energy & Phillips 66 Dominate Oil & Gas Stock Roundup
- Apart from Chesapeake Energy (CHK), Viper Energy Partners (VNOM) and Phillips 66 (PSX), there were news from TechnipFMC (FTI) and The Williams Companies (WMB) during the week.
- 08/18/2021
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Phillips 66 Partners: The Distributions Are Too Big
- Phillips 66 Partners: The Distributions Are Too Big
- 08/18/2021
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Energy Bear ETFs Break Out After Sluggish Chinese Data
- Energy prices slumped Monday after weaker Chinese economic data raised demand concerns. Profit from falling oil prices with these two inverse ETFs.
- 08/17/2021
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Phillips 66 Stock: Advantaged By Its Refining-Adjacent Businesses
- Large oil refiner Phillips 66, a $32.4 billion market cap company, pays a 4.9% dividend. Profits come from midstream, chemicals, refining, and marketing & specialties. Good earnings from chemicals and marketing are expected to be augmented with improved refining earnings in the next eighteen months. Forward-looking chemicals and ESG projects will add to growth.
- 08/16/2021
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Phillips 66 Partners (PSXP) Gains 3% Despite Q2 Earnings Miss
- Higher operating and maintenance expenses hurt Phillips 66 Partners??? (PSXP) Q2 earnings.
- 08/13/2021
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What's Next for Phillips 66 Stock After a Big Purchase?
- On Aug. 9, energy company Phillips 66 (NYSE:PSX) announced that it has entered into an agreement to acquire a 16% stake in NOVONIX Limited, an Australian-based company that develops and supplies materials for lithium-ion batteries.
- 08/12/2021
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Why Investors Should Focus on These 3 Refining & Marketing Stocks
- Gasoline demand is ticking up on relaxation of coronavirus curbs in the U.S. and rest of the world. The Zacks Oil and Gas - Refining & Marketing industry players like HollyFrontier (HFC), Murphy USA (MUSA) and World Fuel Services (INT) should benefit.
- 08/11/2021
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Phillips 66 (PSX) to Acquire 16% NOVONIX Stake for $150M
- Phillips 66's (PSX) latest deal with NOVONIX is another milestone for the refining and marketing company toward investing in low-emission future.
- 08/10/2021
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Phillips 66 to acquire stake in NOVONIX as demand for EV battery materials rises
- Phillips 66 will acquire a 16% stake in lithium-ion battery material supplier NOVONIX Limited for $150 million, the U.S. refiner said on Monday, as demand for electric-vehicle battery materials rises.
- 08/09/2021
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3 Top Energy Stocks to Buy in August
- Three top stocks that are timely buys right now.
- 08/07/2021
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Why Phillips 66, Genesis Energy, and W&T Offshore Stocks are Getting Crushed Today
- A combination of falling oil prices, worries about the delta coronavirus variant, and reactions to earnings is sending most oil stocks down on Wednesday.
- 08/04/2021
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Phillips 66 (PSX) CEO Greg Garland on Q2 2021 Results - Earnings Call Transcript
- Phillips 66 (PSX) CEO Greg Garland on Q2 2021 Results - Earnings Call Transcript
- 08/03/2021
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Phillips 66 Partners LP (PSXP) Q2 2021 Results - Earnings Call Transcript
- Phillips 66 Partners LP (PSXP) Q2 2021 Results - Earnings Call Transcript
- 08/03/2021
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Phillips 66 (PSX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- 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.
- 07/27/2021
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Linden Cogeneration and Phillips 66 Announce Blending Arrangement for Hydrogen-Containing Fuel
- LINDEN, N.J. & HOUSTON--(BUSINESS WIRE)--Linden Cogeneration and Phillips 66 Announce Blending Arrangement for Hydrogen-Containing Fuel
- 07/27/2021
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Phillips 66 Announces Time Change for Conference Call on Second-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) has changed the time of its conference call to discuss second-quarter earnings to 1 p.m. EDT on Tuesday, Aug. 3, 2021.
- 07/20/2021
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Why Energy Stocks Like ExxonMobil, Phillips 66, and Enterprise Products Partners Fell Today
- The good news out of OPEC wasn't necessarily that good for energy companies.
- 07/19/2021
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Phillips 66 - Another Sell-Off Opportunity
- Phillips 66 is having a hard time due to negative COVID headlines, which causes investors and traders to de-risk their portfolios. However, long-term fundamentals remain strong and PSX is well-positioned to deliver significant value for its shareholders.
- 07/18/2021
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Independent Refiners And The Covid Rebound - Some Upside Still Available
- Stock prices for independent refiners have witnessed significant gains as Covid strictures have been loosened. Cash flows are still anemic compared to pre-Covid levels.
- 07/15/2021
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Phillips 66 Appoints Two New Directors
- HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has appointed Denise R. Cade and Douglas T. Terreson to serve as independent directors effective July 14, 2021.
- 07/14/2021
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Pro picks two undervalued stocks with potential for significant upside
- “Phillips 66 is certainly one of the most undervalued names in the energy complex with a significant amount of upside,” said Dan Genter on CNBC's “The Exchange”. The president, CEO, and chief investment officer of RNC Genter Capital Management sees The Phillips 66 Company (NYSE: PSX) as a “way to play on the energy side”.
- 07/12/2021
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Why this investor sees this energy stock as 'undervalued'
- Dan Genter, RNC Genter Capital Management president, CEO and chief investment officer, joins "The Exchange" to discuss which stocks he sees as undervalued.
- 07/12/2021
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What 11 Analyst Ratings Have To Say About Phillips 66
- Phillips 66 (NYSE:PSX) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 1 1 1 0 Somewhat Bullish 0 4 1 0 Indifferent 0 0 0 0 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 In the last 3 months, 11 analysts have offered 12-month price targets for Phillips 66. The company has an average price target of $98.27 with a high of $126.00 and a low of $85.00.
- 07/09/2021
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7 Reddit Stocks to Buy for an Oil Patch Pump
- Reddit stocks include topical companies like those connected to the oil industry. Here are 7 such stocks to buy as oil prices rise.
- 07/07/2021
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7 Energy Stocks to Buy for $100 Oil in 2022
- With oil prices set to rise to triple digits, it's an ideal time to consider some of the most viable energy stocks on the market. The post 7 Energy Stocks to Buy for $100 Oil in 2022 appeared first on InvestorPlace.
- 07/02/2021
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Crude Oil Is Surging Higher: 1 Oil Stock Worth Buying Now
- Phillips 66 is positioned to profit from the factors behind crude oil's bull run. It's also building a business that will be relevant in the future of low-carbon transportation.
- 06/26/2021
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Phillips 66's (PSX) CEO Greg Garland on J.P. Morgan Energy, Power and Renewables Conference (Transcript)
- Phillips 66's (PSX) CEO Greg Garland on J.P. Morgan Energy, Power and Renewables Conference (Transcript)
- 06/22/2021
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Phillips 66 to Announce Second-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast at noon EDT on Tuesday, Aug. 3, to discuss the company's second-quarter 2021 financial results.
- 06/21/2021
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These Underrated Energy Stocks Are Poised for a Rebound
- Pay attention to these top-notch energy stocks that are flying under the market's radar.
- 06/20/2021
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Synchrony Financial (SYF), Phillips 66 Expand Relationship
- Synchrony Financial (SYF) deepens its ties with Phillips 66 to provide additional benefits to Phillips 66, Conoco and 76 credit cardholders.
- 06/08/2021
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Phillips 66 Partners: Thesis Shifts From DAPL Downside To 'Vacation Nation' Upside
- PSXP units have had a sharp rally since the U.S. Army Corps of Engineers decided not to shut down the DAPL pipeline in April. While a DAPL shutdown is still a medium-term risk, the environmental impact statement ("EIS") isn't due to March of 2022, and would likely be appealed. Meantime, DAPL stays open.
- 06/06/2021
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Phillips 66: 4.0% Yield With Lots Of Upside
- If you like healthy growing dividends, share repurchases and an increasing share price, this one is worth considering. The company is just starting to turn the corner following pandemic challenges, and there are lots of reasons to believe cash flows will accelerate considering economic conditions and inflation concerns.
- 06/05/2021
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Phillips 66 (PSX) CEO Greg Garland Presents at Wells Fargo Energy Conference 2021 (Transcript)
- Phillips 66 (PSX) CEO Greg Garland Presents at Wells Fargo Energy Conference 2021 (Transcript)
- 06/02/2021
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Phillips 66 to contribute $250,000 to new Greenwood Rising history center in Tulsa, Oklahoma
- HOUSTON--(BUSINESS WIRE)--Phillips 66 is contributing $250,000 to Greenwood Rising, a new center in Tulsa that honors victims and survivors of the Tulsa Race Massacre of 1921.
- 06/02/2021
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7 Oil Stocks Best Positioned to Survive the Fight Against Climate Change
- These oil stocks have the chops to survive the war on climate change and generate substantial returns for years to come. The post 7 Oil Stocks Best Positioned to Survive the Fight Against Climate Change appeared first on InvestorPlace.
- 05/27/2021
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Investors, court deliver 'stark warning for Big Oil' on climate
- Shareholders rebuked the top two U.S. oil companies on Wednesday for dragging their feet on fighting climate change, while a Dutch court ruled that Royal Dutch Shell needs to accelerate cuts to greenhouse gas emissions.
- 05/26/2021
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Phillips 66 to Speak at Two Upcoming Investor Conferences
- HOUSTON--(BUSINESS WIRE)--Phillips 66 leaders will speak at the Wells Fargo Energy Conference on June 2 and the J.P. Morgan Energy, Power and Renewables Conference on June 22.
- 05/26/2021
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Children's Place, Discovery, Disney, NextEra and More Monday Afternoon Analyst Calls
- With the trading day more than halfway over, the markets were pulling back to start out the week.
- 05/17/2021
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Cramer on the Colonial Pipeline resuming operations, price of lumber
- The Colonial Pipeline is restarting operations following the cyberattack, but the company is warning it would not be fully functional immediately. CNBC's Jim Cramer, Carl Quintanilla and David Faber discuss.
- 05/13/2021
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Phillips 66 announces quarterly dividend
- HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has declared a quarterly dividend of 90 cents per share on Phillips 66 common stock.
- 05/12/2021
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7 Oil Stocks to Buy Now for Profits From Pent-Up Demand
- While oil stocks are still risky due to concerns about the sector specifically and the economy generally, if you believe in the coronavirus recovery, these are names to bet on. The post 7 Oil Stocks to Buy Now for Profits From Pent-Up Demand appeared first on InvestorPlace.
- 05/12/2021
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Phillips 66 Partners (PSXP) Units Recover Since Q1 Earnings Miss
- Winter storms affect Phillips 66 Partners' (PSXP) profit levels in the first quarter of 2021.
- 05/11/2021
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Kiplinger And Barron's 75 Top Stocks For 2021 Show 17 As May Flies
- October-December Kiplinger Today published four articles: 11 Best Monthly Dividend[s], 21 Best Stocks, 11 Dividend Growth Stocks, and 25 Dividend Stocks Analysts Love. Stocks therein I called "Kiplinger Top Stocks For 2021." Then, in March, Barron's Weekly published Retire on Dividends listing 10 to start. All told, five Kip/Bar articles listed 78 stocks. Three duplicates left 75, with 66 paying dividends.
- 05/04/2021
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Phillips 66 to host Annual Meeting of Shareholders
- HOUSTON--(BUSINESS WIRE)--Phillips 66 will host its 2021 Annual Meeting of Shareholders on Wednesday, May 12, at 9 a.m. CDT in a virtual-only format via live webcast.
- 05/03/2021
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Phillips 66: It's Uphill From Here
- Phillips 66 reported great results in a very challenging first quarter due to the pandemic and the impact of severe weather in the South. Nonetheless, while the company burned some cash, it is expected to generate enough free cash flow going forward to cover its dividends and further repay debt.
- 05/03/2021
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Phillips 66 Partners: A Bright Future Ahead - Even Without DAPL
- Phillips 66 Partners: A Bright Future Ahead - Even Without DAPL
- 05/02/2021
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Phillips 66 (PSX) CEO Greg Garland on Q1 2021 Results - Earnings Call Transcript
- Phillips 66 (PSX) CEO Greg Garland on Q1 2021 Results - Earnings Call Transcript
- 04/30/2021
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Phillips 66 Partners LP (PSXP) Management on Q1 2021 Results - Earnings Call Transcript
- Phillips 66 Partners LP (PSXP) Management on Q1 2021 Results - Earnings Call Transcript
- 04/30/2021
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Phillips 66 (PSX) Q1 Earnings Beat on Higher Refining Margin
- Severe impact of winter storms in the Gulf Coast and Central regions affects Phillips 66's (PSX) operations.
- 04/30/2021
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Consumer Spending Increased in March
- Consumer Spending Increased in March
- 04/30/2021
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Phillips 66 reports first-quarter 2021 financial results
- HOUSTON--(BUSINESS WIRE)--Phillips 66, a diversified energy manufacturing and logistics company, announces a first-quarter 2021 loss of $654 million.
- 04/30/2021
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Phillips 66 (PSX) Gears Up for Q1 Earnings: What's in Store?
- Phillips 66's (PSX) first-quarter operations in the Central and Gulf Coast regions are significantly affected by severe winter storms.
- 04/27/2021
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Phillips 66 (PSXP) Enters Overbought Territory
- Phillips 66 Partners LP (PSXP) has moved higher as of late, but there could definitely be trouble on the horizon for this company.
- 04/26/2021
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Final Trades: ORLY, GE, ALB & PSX
- The traders offer their final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Brian Kelly, Steve Grasso and James McDonald.
- 04/23/2021
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Phillips 66 secures renewable fuels feedstock supply through investment in soybean-processing plant
- HOUSTON--(BUSINESS WIRE)--Phillips 66 is securing feedstock for its growing portfolio of renewable fuels projects by investing in a new soybean-processing plant in Iowa.
- 04/20/2021
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Oil & Gas Stock Roundup Headlined by Shell, BP, Phillips 66 & Valero Q1 Updates
- Shell (RDS.A), BP plc (BP), Phillips 66 (PSX) and Valero Energy (VLO) issued updates on their upcoming Q1 earnings. Meanwhile, Enerplus (ERF) agreed to buy some of Hess' (HES) Williston Basin assets for $312 million.
- 04/14/2021
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7 Oil Stocks That Are Worth Buying at Any Time
- Here's why investors betting on a recovery in energy prices should consider these seven oil stocks which are worth buying at any time. The post 7 Oil Stocks That Are Worth Buying at Any Time appeared first on InvestorPlace.
- 04/13/2021
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3 Energy Stocks That Could Directly Benefit From the Economy Reopening
- A fully open economy could energize these companies.
- 04/11/2021
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4 Refining & Marketing Stocks to Fend Off Industry Headwinds
- 4 Refining & Marketing Stocks to Fend Off Industry Headwinds
- 04/07/2021
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Energy Giant Trims Forecast Following Severe Winter Storms
- The shares of Phillips 66 (NYSE:PSX) are up 0.7% at $82.62 this morning, despite the company announcing it expects to report first-quarter losses of $550 to $700 million.
- 04/06/2021
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Phillips 66 Partners' (PSXP) Liberty Exit to Hit Q1 Results
- Cold winter storms in the first quarter are likely to have affected Phillips 66 Partners' (PSXP) asset utilization.
- 04/06/2021
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Phillips 66 (PSX) Sees US Storm Impact on Q1 Bottom Line
- Phillips 66 (PSX) foresees adjusted net loss of up $700 million for the first quarter owing to the brutal winter storm in February.
- 04/06/2021
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Phillips 66 Provides Guidance on First-Quarter 2021 Financial Information
- HOUSTON--(BUSINESS WIRE)--Phillips 66 is providing preliminary ranges for certain financial information reflecting the market and operating conditions in the first quarter.
- 04/05/2021
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5 Dividend Growers With 8%+ Yields And High Return Potential
- Dividend growth stocks as a group have crushed the market over time. In the current low-interest rate environment, most dividend growth stocks have low yields. Today we present five stocks that combine meaningful dividend growth streaks with extremely attractive yields and significant total return potential.
- 04/03/2021
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Will Shell (RDS.A) Sell Its Puget Sound Refinery to Chevron?
- Shell (RDS.A) is constantly seeking the sale of its 145,000 barrel-per-day (bpd) Puget Sound refinery in Anacortes, WA, for the past 12 months.
- 03/31/2021
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7 Oil Stocks Being Squeezed by Weak Demand
- Energy stocks are rallying, yet the demand figures don't bear out the optimism. The post 7 Oil Stocks Being Squeezed by Weak Demand appeared first on InvestorPlace.
- 03/30/2021
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Phillips 66 (PSX) CEO Greg Garland Presents at 49th Annual Scotia Howard Weil Energy Conference (Transcript)
- Phillips 66 (PSX) CEO Greg Garland Presents at 49th Annual Scotia Howard Weil Energy Conference (Transcript)
- 03/23/2021
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Phillips 66 to Announce First-quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 will host a webcast Friday, April 30, to discuss the company's first-quarter 2021 financial results and strategic initiatives.
- 03/22/2021
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Phillips 66 (PSX) CEO Greg Garland Presents at Simmons Energy 21st Annual Energy Conference (Transcript)
- Phillips 66 (PSX) CEO Greg Garland Presents at Simmons Energy 21st Annual Energy Conference (Transcript)
- 03/22/2021
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Phillips 66 Is A Fantastic Dividend Stock
- Phillips 66 was hit hard during the COVID-pandemic in 2020 as utilization rates dropped significantly.
- 03/19/2021
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Oil Prices Crash by 8% on Geopolitical Tensions, Recovery Woes
- Despite that steep plunge, though, crude oil is still up big for the year.
- 03/18/2021
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9 Oil Stocks That Are Looking Good in Q1
- These oil stocks have rallied tremendously, with oil now surging back above pre-pandemic prices. But that's doesn't mean the party's over.
- 03/17/2021
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Phillips 66 to Present at Two Upcoming Investor Conferences
- HOUSTON--(BUSINESS WIRE)--Chairman and CEO Greg Garland to speak at the Simmons Energy 21st Annual Energy Conference and the 49th Annual Scotia Howard Weil Energy Conference.
- 03/15/2021
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Phillips 66 Launches Lubricant Line E-Shield For EVs
- On Tuesday Phillips 66 (NYSE: PSX) announced the launch e-Shield, high-performance lubricant solutions tailored for electric vehicles. What Happened: Phillips proprietary lubricants include a system fluid, grease and coolant products specifically formulated for EVs.
- 03/10/2021
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Phillips 66 Partners: Dragged Down By A Partnership
- Phillips 66 Partners: Dragged Down By A Partnership
- 03/10/2021
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Why Phillips 66 Rose 22.5% in February
- This oil refiner, midstream pipeline owner, chemical producer, and marketing specialist rose along with a sunnier outlook for oil.
- 03/08/2021
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Phillips 66 Contributes $450,000 to Houston Winter Storm Relief Efforts
- HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) announced today it is contributing a total of $450,000 to winter storm relief and recovery efforts across Houston, with $250,000 going to the Houston Harris County Winter Storm Relief Fund and $200,000 going to the Houston Food Bank. “We are very grateful for the organizations that stepped up and helped millions of Houstonians who struggled to keep themselves and their families warm and fed when the winter storm hit,” said Phillips 66 Chairman a
- 03/08/2021
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Phillips 66: OPEC Decision Pulls Recovery Forward
- Saudi Arabia's decision to keep its voluntary 1 million bpd cut, combined with OPEC's decisions to stand pat on production, has greatly improved the outlook for PSX. Combined with excellent progress on the vaccines and expanding chemical margins, the 2H recovery I was expecting for PSX has been pulled forward.
- 03/07/2021
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OPEC Maintains Cuts, Oil Price Surges, Buy These 8 Stocks Now
- Against all expectations, OPEC maintains its cuts at least through April. Oil prices surge, setting the stage for a fantastic 2021 for oil and gas stocks.
- 03/07/2021
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9 Oil Stocks Betting on a Return to Travel and Normality
- Although oil stocks go against the grain of clean and renewable energy, the circumstances of our times suggest that this sector has more enduring relevance than we previously thought. The post 9 Oil Stocks Betting on a Return to Travel and Normality appeared first on InvestorPlace.
- 03/05/2021
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Phillips 66 Names Industry Leader Mark Lashier as President and Chief Operating Officer
- HOUSTON--(BUSINESS WIRE)--Phillips 66 has named Mark Lashier, President and CEO of Chevron Phillips Chemical Company LLC, as its President and Chief Operating Officer.
- 03/01/2021
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Why Is Phillips 66 Partners LP (PSXP) Down 0.5% Since Last Earnings Report?
- Phillips 66 Partners LP (PSXP) reported earnings 30 days ago. What's next for the stock?
- 02/28/2021
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Is Phillips 66 Stock a Buy?
- This dividend stock surged 40% in just three months.
- 02/27/2021
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Why ExxonMobil, Chevron, and Phillips 66 Stocks Slumped Today
- Oil prices drop, and oil stocks drop, too.
- 02/26/2021
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Should You Invest in the iShares U.S. Oil & Gas Exploration & Production ETF (IEO)?
- Sector ETF report for IEO
- 02/19/2021
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FENY: A Reopening Thesis
- FENY: A Reopening Thesis
- 02/19/2021
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Phillips 66 Announces Quarterly Dividend
- HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 90 cents per share on Phillips 66 common stock. The dividend is payable on March 1, 2021, to shareholders of record as of the close of business on Feb. 22, 2021. About Phillips 66 Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stor
- 02/10/2021
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3 Oil Stocks to Buy With Safe Dividends
- Some investors may be nervous about wading into oil stocks, even with juicy dividends. Some fear is warranted, but these three stand strong.
- 02/09/2021
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8 Stocks to Buy When Your Refund Check Arrives
- It's tax season and while it's not the most enjoyable period for some, you can put your tax refund check to work with these stocks to buy. The post 8 Stocks to Buy When Your Refund Check Arrives appeared first on InvestorPlace.
- 02/04/2021
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Phillips 66 Partners (PSXP) Down 8.4% Since Q4 Earnings Miss
- Phillips 66 Partners' (PSXP) fourth-quarter earnings are affected by increased costs and expenses, as well as lower throughput volumes of refined petroleum products and crude oil.
- 02/03/2021
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Phillips 66 Earns Perfect 100 on 2021 Corporate Equality Index
- HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) today announced it has received a perfect score of 100 on the Corporate Equality Index, the nation's foremost benchmarking survey and report measuring workplace equality for lesbian, gay, bisexual, transgender and queer employees. “This recognition means a lot to us at Phillips 66,” said Phillips 66 Senior Vice President of Human Resources and Corporate Communications Sonya Reed. “We're always striving to do right by our people — to listen inten
- 02/02/2021
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New to the Stock Market? Here Are 3 Tips for New Energy Investors
- How to avoid common mistakes and make winning investments.
- 01/31/2021
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Phillips 66 (PSX) CEO Greg Garland on Q4 2020 Results - Earnings Call Transcript
- Phillips 66 (PSX) CEO Greg Garland on Q4 2020 Results - Earnings Call Transcript
- 01/29/2021
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Phillips 66 Partners LP (PSXP) Management on Q4 2020 Results - Earnings Call Transcript
- Phillips 66 Partners LP (PSXP) Management on Q4 2020 Results - Earnings Call Transcript
- 01/29/2021
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Phillips 66 (PSX) Q4 Earnings Miss on Massive Refining Loss
- Phillips 66's (PSX) fourth-quarter results are affected by the sinking demand for refined products due to the coronavirus pandemic.
- 01/29/2021
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Phillips 66 (PSX) Reports Q4 Loss, Tops Revenue Estimates
- Phillips 66 (PSX) delivered earnings and revenue surprises of -6.42% and 9.41%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 01/29/2021
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Recap: Phillips 66 Q4 Earnings
- Shares of Phillips 66 (NYSE:PSX) decreased 0.0% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 175.32% over the past year to ($1.16), which missed the estimate of ($1.05).
- 01/29/2021
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Phillips 66 Reports Fourth-Quarter 2020 Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX), a diversified energy manufacturing and logistics company, announces a fourth-quarter 2020 loss of $539 million.
- 01/29/2021
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Phillips 66's Earnings Outlook
- Phillips 66 (NYSE:PSX) announces its next round of earnings this Friday, January 29. Here is Benzinga's everything-that-matters guide for this Friday's Q4 earnings announcement.
- 01/28/2021
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Phillips 66 (PSX) Gears Up for Q4 Earnings: What's in Store?
- Lower contributions from refining business are likely to have dented Phillips 66's (PSX) Q4 earnings.
- 01/26/2021
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What's in Store for Phillips 66 Partners (PSXP) Q4 Earnings?
- Phillips 66 Partners' (PSXP) bottom line in the fourth quarter is likely to have been under pressure due to a decline in volumes.
- 01/25/2021
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Phillips 66: Your No. 1 Reopening Energy Stock Pick
- One year ago today, PSX was trading at over $100/share and the outlook for dividend growth was excellent. Then came the pandemic, the resultant drastic demand destruction for refined products like gasoline and jet-fuel. That drastically destructed PSX's stock price too.
- 01/25/2021
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Diversification Has Helped Phillips 66
- Phillips 66 has a more diversified refining company with operations in marketing, chemicals, and NGL. When compared to competition, this diversified strategy has benefited the company during this drastic energy downturn.
- 01/25/2021
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Analysts Estimate Phillips 66 (PSX) to Report a Decline in Earnings: What to Look Out for
- 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.
- 01/22/2021
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Phillips 66 Receives $3 Million Grant to Advance Reversible Solid Oxide Fuel Cell Technology
- HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) today announced it has received a $3 million grant from the U.S. Department of Energy to advance the development of high-performance reversible solid oxide fuel cells. Phillips 66 will collaborate with the Georgia Institute of Technology (Georgia Tech) to demonstrate the commercial feasibility of a low-cost and highly efficient reversible solid oxide fuel cell (RSOFC) system for hydrogen and electricity generation. The technology is one of many
- 01/21/2021
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7 Hot Energy Stocks with Value That You Shouldn't Overlook
- Between the pandemic, an oil surplus and more, energy stocks had a rough 2020. Now, they've begun a rally.
- 01/19/2021
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3 Value Investing Ideas For 2021
- Canadian banks are hated and cheap. I'm buying. Tobacco is historically the most profitable industry for shareholders over the long run.
- 01/15/2021
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Fade the oil rally: Chartmaster says beware the crude breakout
- Carter Worth, Cornerstone Macro, on the crude rally. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.
- 01/05/2021
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Phillips 66 to Present at Goldman Sachs Global Energy Conference
- HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) Chairman and CEO Greg Garland will speak to investors and securities analysts at the Goldman Sachs Global Energy Conference on Thursday, Jan. 7, 2021, at 12:45 p.m. EST. Garland will discuss value creation in an evolving energy landscape and provide an update on the company's strategic initiatives, including its commitment to disciplined capital allocation. To access the webcast, go to the Phillips 66 Investors site, www.phillips66.com/investors
- 01/04/2021
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5 Factors Indicating That Oil is Poised for a Run-Up in 2021
- As a proof of the improving energy environment, refining biggies like Marathon Petroleum (MPC) and Phillips 66 (PSX) experienced sequential increase in utilization during the third quarter.
- 12/30/2020
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Grab These 3 Stocks Off the Discount Bin This Holiday Season
- These stocks look like bargains in this red-hot stock market.
- 12/26/2020
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Phillips 66 Partners: 2021 Shaping Up Positively For Distributions, But Margin Of Safety Remains Thin
- Phillips 66 Partners has released guidance for 2021 with their capital expenditure decreasing significantly. This will help rectify their one weak point, being their historically very weak distribution coverage.
- 12/26/2020
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These Energy Stocks Lost Investors Billions in 2020
- The energy sector has been crushed by low crude oil prices, and these five stocks have been some of the worst investments this year.
- 12/22/2020
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3 Stocks You Didn't Know Were Betting on Renewable Energy
- Some big names are investing heavily in renewable energy right now.
- 12/21/2020
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Why Oil Stocks Are Dropping Today
- Emergency Use Authorization of a second vaccine isn't enough to give recovery names a boost.
- 12/21/2020
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Goldman Sachs Has 4 Sizzling Energy Stocks to Buy That All Pay 5% or More Dividends
- If any sector has taken a beating in 2020, it is energy. Many top companies in the sector have been forced to cut capital expenditures, in some cases to lower or eliminate dividends, and generally to hunker down until there is improvement in demand.
- 12/17/2020
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Phillips 66 to Announce Fourth-Quarter Financial Results
- HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) executive management will host a conference call webcast at noon EST on Friday, Jan. 29, to discuss the company's fourth-quarter 2020 financial results, which will be released earlier that day, and provide an update on strategic initiatives. To access the webcast, go to the Phillips 66 Investors site, http://www.phillips66.com/investors, and click on “Events and Presentations.” A replay of the webcast will be archived on the Investors site appro
- 12/16/2020
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Phillips 66 (PSX) Cuts '21 Capital Budget, Focuses on Renewables
- Phillips 66 (PSX) intends to invest $610 million in Midstream, of which Phillips 66 Partners (PSXP) is set to receive $300 million.
- 12/15/2020
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Phillips 66 lowers 2021 spending budget after pandemic hit
- U.S. oil refiner Phillips 66 on Monday set its 2021 capital budget at $1.7 billion, around 43% lower than forecast for the previous year, as the energy industry struggles to recover from the blow of the COVID-19 pandemic.
- 12/14/2020
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Phillips 66 Announces 2021 Capital Program
- HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX), a diversified energy manufacturing and logistics company, announces its 2021 capital budget of $1.7 billion, which includes $0.3 billion at Phillips 66 Partners. “Our 2021 capital budget is supported by our diversified portfolio, strong financial position and capital discipline,” said Greg Garland, chairman and CEO of Phillips 66. “We continue to focus on reducing capital expenditures as market conditions remain challenged. We are prioritizing
- 12/14/2020
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The 5 Worst Energy Stocks of 2020
- From ExxonMobil to Diamond Offshore Drilling, here's why energy companies large and small had a terrible year.
- 12/11/2020
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Can Dividend Investors Make Money in Oil Stocks?
- There's still a lot of risk, but a handful of oil stocks pass the test as being worthy dividend investments.
- 12/11/2020
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These Stocks Hold the Key to the Market's Returns in 2021
- It's not a sector many investors are looking at right now -- but they should be.
- 12/04/2020
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Why Oil Stocks Popped Today
- Oil companies are ratcheting back investment plans, and even OPEC is acting circumspect.
- 12/04/2020
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Why ExxonMobil, Phillips 66, and Apache Stocks Popped Today
- Oil inventories are up! No, wait, they're down!
- 12/02/2020
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Are Energy Stocks Ready for a Revival?
- Things could finally be improving for this unloved sector.
- 12/02/2020
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Why ExxonMobil, Phillips 66, and ConocoPhillips Stocks Crashed Today
- There's oil news afoot, and the news isn't good.
- 11/30/2020
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3 Stocks to Buy With Dividends Yielding More than 5%
- Even in today's low-interest-rate environment, there are companies providing decent payouts that may be worth consideration for your investing dollars.
- 11/29/2020
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Phillips 66 (PSX) Up 41.9% Since Last Earnings Report: Can It Continue?
- Phillips 66 (PSX) reported earnings 30 days ago. What's next for the stock?
- 11/29/2020
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A Dividend Cornucopia Of 39 November Kiplinger/Analyst Favorites
- In October and July, Kiplinger Today listed Analyst and Kiplinger favorite dividend stocks. Analyst October favorites numbered 25, plus 15 from Kiplinger, with one repeated left 39 total. These 39 stocks ranged from 1.42% to 8.74% in annual yield and ranged from 0.13% to 33.33% in one-year price target upsides per brokers 11/25/20.
- 11/27/2020
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Why ExxonMobil, ConocoPhillips, and Phillips 66 All Jumped More Than 5% Today
- The energy industry was in rally mode, thanks to the ongoing flow of good vaccine news. The benefits could be huge, but timing is an issue.
- 11/23/2020
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3 Dividend Stocks That Will Be Winners From a Coronavirus Vaccine
- These dividend payers have lots of upside as vaccines enable the economy to get back to normal.
- 11/21/2020
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Phillips 66 Collaborates With P97 Networks to Enable Google Pay
- HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX), a diversified energy manufacturing and logistics company, has worked with P97 Networks, a leader in cloud-based mobile commerce, to enable Google Pay across their network of 7,000 sites. Drivers will be able to locate, fill up and pay for fuel at Phillips 66®, Conoco® and 76® branded stations from within the Google Pay app using P97 Networks' mobile payment gateway. Google Pay, available on both Android and iOS, is a safe, helpful way to pay an
- 11/19/2020
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The Stock Market's Big Bargains Are Here -- and They're on the Rise
- Look beyond vaccine producers to find the real values.
- 11/18/2020
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Phillips 66 Crosses Above Key Moving Average Level
- In trading on Tuesday, shares of Phillips 66 crossed above their 200 day moving average of $64.28, changing hands as high as $64.31 per share. Phillips 66 shares are currently trading up about 2.3% on the day.
- 11/17/2020
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Why Boeing, ConocoPhillips, and Phillips 66 Shares Ripped Higher on Monday
- News of another vaccine with near-100% effectiveness arrives.
- 11/16/2020
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6 Stocks to Buy With Dividends Yielding More Than 6%
- These two beaten-down sectors offer some big-time dividends.
- 11/15/2020
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How the Stock Market Hit Record Highs as the Pandemic Worsened
- Find out which index hit a new high water mark.
- 11/13/2020
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10 Dividend Growth Stocks For November 2020
- In my monthly series of 10 Dividend Growth Stocks, I rank a selection of dividend growth stocks in Dividend Radar and present the 10 top-ranked stocks for consideration. To rank stocks, I use DVK Quality Snapshots to get quality scores and sort them in descending order, breaking ties with additional metrics.
- 11/11/2020
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Refining Stocks Are Rocketing on COVID-19 Vaccine News Today
- The positive data suggests that the pandemic might be nearing the beginning of the end.
- 11/09/2020
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3 Energy Stocks to Buy Right Now
- A dividend stock, a growth stock, and a value stock offer a balanced approach to investing in a volatile sector.
- 11/09/2020
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Is Phillips 66 Stock a Buy?
- This industry leader is trading near a five-year low, but is it a buy?
- 11/06/2020
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This Nearly 8%-Yielding Oil Stock Remains Committed to Its Dividend
- Diversification is helping this oil giant weather the current storm to maintain its dividend.
- 11/01/2020
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Phillips 66 Partners LP (PSXP) Management on Q3 2020 Results - Earnings Call Transcript
- Phillips 66 Partners LP (PSXP) Management on Q3 2020 Results - Earnings Call Transcript
- 10/30/2020
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Phillips 66 (PSX) CEO Greg Garland on Q3 2020 Results - Earnings Call Transcript
- Phillips 66 (PSX) CEO Greg Garland on Q3 2020 Results - Earnings Call Transcript
- 10/30/2020
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Recap: Phillips 66 Q3 Earnings
- Shares of Phillips 66 (NYSE:PSX) fell 0.2% in pre-market trading after the company reported Q3 results.
- 10/30/2020
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Was The Smart Money Right About Phillips 66 (PSX)?
- Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback the hedge funds employing these talents and can benefit from their vast resources and knowledge in that way. We analyze quarterly 13F filings of nearly 823 hedge funds and, by looking at the smart money sentiment that surrounds a stock, we can determine whether it has the potential to beat the market over the long-term. Therefore, let's take a closer look at what smart money thinks about Phillips 66 (NYSE:PSX).
- 10/27/2020
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Phillips 66 Partners: Potential Distribution Cut Over Possible DAPL Shutdown Is Disappointing
- Phillips 66 Partners has signaled a potential reduction to their capital expenditure and distributions following the drama surrounding the Dakota Access Pipeline. A potential reduction to their distributions is disappointing since they have ample financial strength to endure this setback even without slashing their capital expenditure.
- 10/27/2020
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15 Of 39 Kiplinger/Analyst Favorite October Dividend Treats
- In October and July Kiplinger Today listed Analyst and Kiplinger favorite dividend stocks. Analyst October favorites numbered 25, plus 15 from Kiplinger, with one repeated left 39 total. These 39 stocks ranged 1.50% to 10.11% in annual-yield and ranged 2.49% to 87.04% in one-year price-target-upsides per brokers 10/22/20.
- 10/25/2020
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