We recently published 10 Stocks Moving On Key Analyst Calls. Phillips 66 (NYSE:PSX) is one of the stocks analysts were recently talking about. Josh Brown, CEO of Ritholtz Wealth Management, said in a program on CNBC a couple of weeks ago that a breakout for PSX could be coming. The analyst talked about insider buying and an activist hedge fund taking board seats at the company: “Phillips 66 (NYSE:PSX) is one of the three largest of that refinery group. Has not broken out yet. I think that could be coming ...

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has Phillips 66 (PSX) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.Phillips 66 is a member of the Oils-Energy sector. This group includes 245 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank considers 16 different sec ...

Core Insights - California is experiencing significant refinery closures, with the Phillips 66 refinery in Los Angeles set to close by the end of 2025, and Valero planning to idle its Bay Area refinery by April 2024, collectively accounting for approximately 18% of the state's refining capacity [5][6][7] Group 1: Job Losses and Economic Impact - Thousands of workers, potentially tens of thousands, are at risk of losing their jobs as California reduces its reliance on fossil fuels, with an estimated loss of nearly 58,000 workers in the oil and gas industries between 2021 and 2030 [3][9] - The fossil fuel industry employs around 94,000 people in California, and the closure of refineries will have a significant economic impact on local communities, such as Benicia, where Valero contributes about $7.7 million annually in taxes [8][9] Group 2: Legislative and Regulatory Actions - California's energy regulators are negotiating to keep the Valero plant operational and have recently backed off a proposal to penalize oil companies for high profits, indicating a shift in approach to support the industry [4] - Governor Gavin Newsom signed legislation to expedite oil well permitting in the Central Valley, reflecting inconsistent messaging regarding the state's climate policies and their impact on the oil industry [4][7] Group 3: Support for Displaced Workers - The state has established the Displaced Oil and Gas Worker Fund to provide career training and job opportunities, awarding nearly $30 million to various groups, although funding is set to expire in 2027 [11][12] - Governor Newsom has allocated $20 million in the 2022-2023 budget for a pilot program to train displaced workers to plug abandoned oil wells, emphasizing the need for a clear transition plan for affected workers [12][13] Group 4: Industry Perspectives - Industry representatives argue that California's climate policies threaten blue-collar jobs, with calls for a reassessment of these policies to protect employment in the sector [14] - Workers in the oil industry often earn a living wage without a college degree, but there are concerns about job security and the lack of a clear transition plan to new fields [15][16]

Leading fuel brand, JET, is raising the curtain on its 2025 ad campaign, with the launch of ‘JET Carousel’ – the latest act in its long-running creative series, ‘Keep on Moving’.Widely recognised as the friendly, local brand at the heart of British journeys, JET’s new campaign spotlights its forecourts and celebrates the people and retailers who keep communities moving and drivers refuelled and recharged.The centrepiece is a bold, theatre-inspired rotating set – built by real set designers rather than conju ...

2018年8月24日，Phillips 66 突然通知 Propel Fuels终止谈判，紧接着在下一个工作日，Phillips 66就向加 州监管机构宣布其将进入该州的E85市场，直接与Propel Fuels开展竞争。Propel Fuels认为，Phillips 66正 是通过在尽调过程中对Propel Fuels的市场模型进行了验证，了解了Propel Fuels的具体经营保密信息， 借此开展其自己的市场业务。 保密协议真的有用吗？ 在美国，真的有用。 2025年8月5日，美国加州一所州法院作出判决，判令石油巨头Phillips 66向Propel Fuels赔偿侵犯商业秘 密的获利6.049 亿美元，以及惩罚性赔偿1.95 亿美元。赔偿金额合计超过8亿美元，让该案位列美国商业 秘密侵权类案件赔偿榜的前五名。 8亿美元赔偿的背后，到底是怎么回事？ Propel Fuels是一家新创公司，成立于2004年，只有不到50名员工，销售额在千万美元级别。他们的核 心技术是低碳可再生燃料（包括被称为E85的可再生柴油），他们也是第一家在加州推出E85产品的公 司。 争议的另一方Phillips 66则是一家大型 ...

Core Viewpoint - Phillips 66 shares experienced a rebound after six consecutive sessions of losses, trading 2.22% higher at $129.57 on Monday [1] Group 1: Stock Performance - The company lost over 4.7% in the preceding six sessions [1] - In comparison, the S&P 500 Index declined by 2.43% during the same period [1]

Thirty years ago, Willie Cruz was shocked when he learned the Southern California oil refinery where he worked was shutting down.Cruz, now a 61-year-old living in Arizona, had spent five years working in the environmental department when Powerine Oil Company said it would close the plant in Santa Fe Springs, southeast of Los Angeles.Cruz feared getting laid off again if he stayed in the industry. He decided to look into respiratory therapy, in part because he’s asthmatic. A federal job training program paid ...

California is grappling with how to support oil workers who are being displaced from their jobs amid the state's energy transitionWilfredo Cruz, an oil worker at the Phillips 66 Los Angeles Refinery Wilmington Plant, stands for a photo in the backyard of his home in Cerritos, Calif., Tuesday, Sept. 30, 2025. (AP Photo/Jae C. Hong)SACRAMENTO, Calif. -- SACRAMENTO, Calif. (AP) — Thirty years ago, Willie Cruz was shocked when he learned the Southern California oil refinery where he worked was shutting down.Cru ...

California is well known for its high fuel prices and strict environmental regulations, but a string of upcoming oil refinery shutdowns—exacerbated by a massive fire at a huge Chevron plant—threatens to spike the state’s sky-high prices further and force the state to import much more oil from Asia.The upcoming closures by refining giants Phillips 66 and Valero Energy have triggered an about-face from Democratic Gov. Gavin Newsom and state regulators to try to keep the fuel complexes open after years of rule ...

Corporate Leadership Trends - The shift towards more women in top executive roles is transforming corporate cultures and enhancing business performance across various sectors, including technology and healthcare [2] - Women-led firms are setting new benchmarks for strategic growth and operational excellence, often outperforming their industry peers [2] Case Studies of Women Leaders - Julie Sweet, CEO of Accenture, has driven the firm's focus on cloud, digital, and AI, emphasizing inclusion and transparent communication, which has helped sustain growth [3] - Maria Black, CEO of Automatic Data Processing, leverages her extensive experience to guide the company towards a more insight-driven and human-centric future [3] Women Entrepreneurs and Business Growth - The number of women-owned firms grew 44% faster than male-owned businesses from 2019 to 2024, with 56% of women entrepreneurs reporting higher revenues in 2025 compared to 2024 [4] - Many women entrepreneurs are accessing growth capital, with 20% utilizing debt and 32% equity funding in the past year [4] Funding Challenges for Women Entrepreneurs - Women-led startups receive only about 2% of venture capital funding in the U.S. and Europe, partly due to biases in the investment community [5] Investment Opportunities in Women-Led Companies - Companies like Phillips 66, Progressive Corporation, Macy's, and General Dynamics exemplify strong leadership and strategic vision, making them attractive investment opportunities [7] Phillips 66 Performance - In Q2 2025, Phillips 66 reported a net income of $877 million and adjusted earnings of $973 million, with a return of $906 million to shareholders through dividends and buybacks [10][11] Progressive Corporation Performance - Under Tricia Griffith's leadership, Progressive's net premiums written increased to $20 billion in Q2 2025, up 12% from the previous year, with an EPS of $4.88, reflecting strong operational discipline [14][15] Macy's Performance - Macy's reported net sales of $4.8 billion in Q2 2025, with adjusted EPS of 41 cents, and comparable sales rose 0.8% on an owned basis [18] General Dynamics Performance - General Dynamics posted revenues of $13 billion in Q2 2025, up 8.9% year over year, with a record backlog of $103.7 billion, indicating strong long-term earnings visibility [21][22]