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Zacks News
Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL Deal
by Zacks Equity Research
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.
Phillips 66 (PSX) Increases Despite Market Slip: Here's What You Need to Know
by Zacks Equity Research
The latest trading day saw Phillips 66 (PSX) settling at $113.93, representing a +1.73% change from its previous close.
Phillips 66 Sets $3B 2025 Capital Program Focused on Growth
by Zacks Equity Research
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.
Phillips 66 (PSX) Ascends But Remains Behind Market: Some Facts to Note
by Zacks Equity Research
Phillips 66 (PSX) reachead $110.48 at the closing of the latest trading day, reflecting a +0.1% change compared to its last close.
Phillips 66 Optimizes Portfolio With $865M Pipeline Sale
by Zacks Equity Research
PSX surpasses its $3B asset sale goal by selling a pipeline stake for $865M, highlighting its focus on portfolio optimization and shareholder value.
Why Phillips 66 (PSX) Dipped More Than Broader Market Today
by Zacks Equity Research
The latest trading day saw Phillips 66 (PSX) settling at $115.83, representing a -0.4% change from its previous close.
Here's Why Retain Strategy is Apt for Valero Energy Stock Now
by Zacks Equity Research
VLO's premium refining operations are resilient, even when the business operating environment is carbon-constrained.
Phillips 66 (PSX) Stock Declines While Market Improves: Some Information for Investors
by Zacks Equity Research
Phillips 66 (PSX) closed the most recent trading day at $125.33, moving -0.23% from the previous trading session.
Phillips 66 to Power San Francisco Refinery With Solar Energy
by Zacks Equity Research
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%.
Why Phillips 66 (PSX) Dipped More Than Broader Market Today
by Zacks Equity Research
In the latest trading session, Phillips 66 (PSX) closed at $129.83, marking a -0.59% move from the previous day.
Here's Why Retain Strategy is Apt for Phillips 66 Stock Now
by Zacks Equity Research
PSX focuses more on businesses like midstream, renewables and chemicals, which stabilizes the company's business model.
Phillips 66 (PSX) Up 9.2% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Phillips 66 (PSX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Phillips 66 Faces $2.4M Fine for Alleged Oil Dumping in LA
by Zacks Equity Research
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.
Crack Spread to Soar: Add MPC, XOM and PSX to Your Watchlist
by Nilanjan Banerjee
Favorable crack spread will aid refining margins of Phillips 66, Marathon Petroleum and Exxon Mobil.
Murphy USA Q3 Earnings Beat as Margins Go Up, Sales Miss
by Zacks Equity Research
In the third quarter, MUSA bought back shares worth $126.4 million.
Marathon Petroleum Tops Q3 Earnings, Boosts Stock Buyback
by Zacks Equity Research
In Q3, MPC spent $950 million on capital programs (39% on Refining & Marketing and 59% on the Midstream segment) compared to $522 million in the year-ago period.
PBF Energy Stock Falls 2% as Q3 Earnings Lag, Dividend Raised
by Zacks Equity Research
PBF Q3 earnings are affected by lower throughput volumes and a fall in refining margins, but reduced costs and expenses resulted in operational efficiency.
Phillips 66 Q3 Earnings Beat Estimates, Revenues Decrease Y/Y
by Zacks Equity Research
PSX's Q3 earnings benefit from cost reduction, partially offset by lower contributions from the refining segment owing to declining realized margins.
Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note
by Zacks Equity Research
Phillips 66 (PSX) concluded the recent trading session at $128.49, signifying a -0.49% move from its prior day's close.
What's in Store for Phillips 66 This Earnings Season?
by Zacks Equity Research
Despite strong refining margins, lower crude prices and high turnaround costs are likely to have adversely impacted PSX's Q3 earnings.
Murphy USA (MUSA) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
by Zacks Equity Research
Murphy USA (MUSA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Earnings Preview: Phillips 66 (PSX) Q3 Earnings Expected to Decline
by Zacks Equity Research
Phillips 66 (PSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note
by Zacks Equity Research
Phillips 66 (PSX) concluded the recent trading session at $132.60, signifying a -0.56% move from its prior day's close.
Phillips 66 to Close Los Angeles Refinery Due to Low Profits
by Zacks Equity Research
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.
Phillips 66 to Offload 49% Stake in Coop Mineraloel to Swiss JV
by Zacks Equity Research
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.