Phillips 66(PSX)
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Phillips 66 Jumps as UK Asset Deal Signals Capital Discipline Over Capacity Growth
Investing· 2026-01-05 19:46
Market Analysis by covering: Phillips 66. Read 's Market Analysis on Investing.com ...
Is Phillips 66's Midstream Push Building More Resilient Business?
ZACKS· 2026-01-05 19:16
Key Takeaways Phillips 66 benefits from weak oil prices as lower WTI levels support its downstream refining economics.PSX earns stable, fee-based cash flow from midstream assets contracted to shippers regardless of utilization.PSX is expanding midstream and chemicals to add cash flow and strengthen its business model.Phillips 66 (PSX) is an integrated downstream player that refines crude oil into final products. It also transports and stores crude oil, natural gas, NGL and refined products through its pipel ...
墨西哥湾炼油设施精准匹配委国重油 马拉松与菲利普斯应声大涨
Xin Lang Cai Jing· 2026-01-05 15:37
格隆汇1月5日|Raymond James的分析师表示,在美国政府罢免委内瑞拉总统马杜罗后,委内瑞拉石油 产量的增加对美国炼油商而言将是巨大的提振,因为墨西哥湾沿岸的大部分炼油产能都是为委内瑞拉这 种重质原油设计的。分析师指出,瓦莱罗能源在美国墨西哥湾拥有的产能最高,其次是马拉松石油和菲 利普斯66。受此影响,瓦莱罗能源股价飙升9%,马拉松石油上涨5.4%,菲利普斯跳涨6%。瑞穗证券分 析师Nitin Kumar表示,由于原油供应的可靠性提升,墨西哥湾沿岸炼油商的短期利润率有望得到改 善。 ...
Phillips 66 to acquire Britain's Lindsey oil refinery assets
Reuters· 2026-01-05 12:59
Phillips 66 said on Monday it had agreed to acquire the assets and infrastructure of Lindsey Oil Refinery in northern England, following the site's liquidation, and will integrate the key facilities i... ...
Phillips 66 to acquire Lindsey Oil Refinery assets, infrastructure (PSX:NYSE)
Seeking Alpha· 2026-01-05 12:22
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
Phillips 66 Limited agrees to acquire Lindsey Oil Refinery assets
Businesswire· 2026-01-05 12:01
In addition to today's announcement and as highlighted in the Phillips 66 capital budget, Phillips 66 Limited is also investing in a multiyear project at its Humber site that will enable production of higher-quality gasoline. LONDON--(BUSINESS WIRE)--Phillips 66 Limited has agreed to acquire Lindsey Oil Refinery assets and associated infrastructure pending completion subject to satisfaction of closing conditions, including customary regulatory clearances. The announcement follows a bidding process handled b ...
Phillips 66 Earnings Preview: What to Expect
Yahoo Finance· 2026-01-05 09:15
Phillips 66 (PSX), headquartered in Houston, Texas, operates as an energy manufacturing and logistics company. With a market cap of $52.6 billion, the company’s operations include oil refining, marketing, and transportation, as well as chemical manufacturing and power generation. The leading integrated downstream energy provider is expected to announce its fiscal fourth-quarter earnings for 2025 before the market opens on Wednesday, Feb. 4. Ahead of the event, analysts expect PSX to report a profit of $2 ...
Will the Oil Price Environment Aid PSX's Refining Operations?
ZACKS· 2026-01-02 13:15
Core Insights - The overall energy business is currently highly uncertain due to West Texas Intermediate (WTI) oil prices trading below $60 per barrel, significantly lower than a year ago, but Phillips 66 (PSX) is likely to benefit from this crude pricing environment [1][2] Group 1: Phillips 66 (PSX) Analysis - As a leading refining company, Phillips 66 can purchase oil at lower costs, enabling the production of end products [2] - The U.S. Energy Information Administration (EIA) expects global oil inventories to continue increasing, which will likely keep crude prices soft in the near future [2] - EIA projects the average WTI price for 2026 at $51.42 per barrel, lower than the estimated $65.32 per barrel for 2025, indicating that Phillips 66 will benefit from the soft oil prices due to its significant refining margins [3] Group 2: Competitors and Market Position - Valero Energy Corporation (VLO) and Par Pacific Holdings Inc. (PARR) are also positioned to gain from the ongoing low oil prices, with Valero operating 15 refineries and a throughput capacity of 3.2 million barrels per day [4] - Par Pacific has a refining capacity of 219,000 barrels of oil daily and benefits from exposure to cheaper Canadian heavy oil, providing a cost advantage [5] Group 3: Financial Performance and Valuation - Shares of Phillips 66 have increased by 15.4% over the past year, slightly below the 16.2% rise of the industry composite stocks [6] - The company trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 13.57X, which is above the broader industry average of 4.34X [8] - The Zacks Consensus Estimate for Phillips 66's 2025 earnings has seen downward revisions over the past 30 days, indicating potential concerns in earnings expectations [9]
Phillips 66 (PSX) Price Target Raised by Analyst, 2026 CapEx Budget Approved
Insider Monkey· 2026-01-02 05:02
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and b ...
7 Best Fortune 500 Dividend Stocks to Invest In Now
Insider Monkey· 2026-01-01 03:01
Core Viewpoint - The article discusses the best Fortune 500 dividend stocks to invest in, highlighting the strong performance of global equities in 2025 and the importance of staying power in the market moving forward [1]. Market Performance - The MSCI All Country World Index rose over 21% in 2025, reaching a record level of 1,024 on December 26 [2]. - In the US, stock gains were primarily driven by earnings growth linked to artificial intelligence and steady consumer demand, with the S&P 500 and NASDAQ reaching new highs despite concerns about a potential AI bubble [3]. - Heavy capital spending by technology and infrastructure-related companies significantly contributed to the rise of US stocks, even as valuations exceeded historical norms [4]. Future Outlook - Looking ahead to 2026, expectations remain positive but cautious, with Goldman predicting continued earnings growth supported by AI investment and a favorable monetary environment, while also warning of elevated valuations and market concentration [5]. - State Street emphasized the need for selectivity in investment as markets may react more sharply to earnings results and policy changes [5]. Dividend Stocks Methodology - The article outlines a methodology for selecting the best dividend stocks, focusing on companies with an annual dividend yield over 2% as of December 31 and popularity among hedge funds at the end of Q3 2025 [8]. Company Highlights - **Phillips 66 (NYSE:PSX)**: - Dividend yield of 3.70% with 47 hedge fund holders [11]. - Approved a $2.4 billion capital budget for 2026, focusing on midstream natural gas liquids and higher-return refining projects [13]. - Completed acquisition of WRB Refining, enhancing crude processing flexibility [14]. - **The Kroger Co. (NYSE:KR)**: - Dividend yield of 2.23% with 55 hedge fund holders [16]. - Approved an additional $2 billion for share repurchases, adding to a previous $7.5 billion program [17]. - Faced intensified competition and has been adjusting its business strategy, including cost reductions and changes in e-commerce partnerships [19].