Phillips 66 (PSX) closed the latest trading day at $154.71, indicating a +0.91% change from the previous session's end. The stock exceeded the S&P 500, which registered a loss of 0.88% for the day. Elsewhere, the Dow gained 0.56%, while the tech-heavy Nasdaq lost 2.05%.The oil refiner's stock has dropped by 3.63% in the past month, falling short of the Oils-Energy sector's gain of 2.78% and the S&P 500's loss of 2.57%.The investment community will be closely monitoring the performance of Phillips 66 in its ...

The market expects Phillips 66 (PSX) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 26, 2024, might help the stock move higher if these key numbers are bett ...

Phillips 66 (PSX) closed the most recent trading day at $165.41, moving +0.15% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.74%. At the same time, the Dow lost 0.01%, and the tech-heavy Nasdaq gained 1.68%.Prior to today's trading, shares of the oil refiner had gained 6.92% over the past month. This has lagged the Oils-Energy sector's gain of 8.96% and outpaced the S&P 500's gain of 0.8% in that time.The upcoming earnings release of Phillips 66 will be of great interest ...

AUSTIN, TEXAS - MAY 30: Valero gas station prices are seen on May 30, 2023 in Austin, Texas. Gas ... [+] prices begin to rise nationally, but remain lower than prices around this time last year. (Photo by Brandon Bell/Getty Images)Getty ImagesAfter 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. Although Phillips 66 ...

The refiner announced alignment with its activist investor as refining margins continued to increase.Shares of U.S. oil and chemical refiner and midstream giant Phillps 66 (PSX 0.04%) rallied 14.6% in March, according to data from S&P Global Market Intelligence.Not only did Phillips 66 benefit from an increasingly favorable pricing environment for refiners, but the company's CEO also said in an interview its new strategy earned the approval of the company's high-profile activist investor.Elliott signs off a ...

Phillips 66 (PSX) ended the recent trading session at $170.75, demonstrating a +0.04% swing from the preceding day's closing price. This change lagged the S&P 500's 1.11% gain on the day. Elsewhere, the Dow saw an upswing of 0.8%, while the tech-heavy Nasdaq appreciated by 1.24%.Prior to today's trading, shares of the oil refiner had gained 14.39% over the past month. This has outpaced the Oils-Energy sector's gain of 10.33% and the S&P 500's gain of 0.48% in that time.The investment community will be close ...

Phillips 66 (PSX) recently received approval from the board of directors to increase its quarterly dividend.The new dividend of $1.15 per share represents an increase of 10% from the prior-quarter payout of $1.05. The hiked dividend of the diversified energy company will likely be paid on Jun 3 to shareholders of record as of the close of business on May 20.This reflects Phillips 66’s stable and growing business. Being one of the most diversified refiners, the company is putting more emphasis on midstream, ...

The most recent trading session ended with Phillips 66 (PSX) standing at $172.71, reflecting a +1.9% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.11%. Meanwhile, the Dow lost 0.11%, and the Nasdaq, a tech-heavy index, added 0.23%.The the stock of oil refiner has risen by 16.01% in the past month, leading the Oils-Energy sector's gain of 8.5% and the S&P 500's gain of 1.5%.Market participants will be closely following the financial results of Phillips 66 in ...

Collaboration Aims to Fuel the Next Generation of Big 12 Athletes through Safer Sports AccessKANSAS CITY, Mo., April 2, 2024 /PRNewswire/ -- Phillips 66® is proud to announce that they will be contributing $100,000 towards revamping the basketball courts in the Parade Park community in Kansas City, Mo. This year's Big 12 Basketball Tournament marked the 36th consecutive year Phillips 66® has served as a tournament partner and the 15th consecutive year the tournament has been held in Kansas City, with the Bi ...

Phillips 66 (PSX) , a leading energy company, has announced its plans to expand its commercial-scale production of renewable diesel. This move aligns with the company's commitment to sustainability and renewable energy solutions.PSX’s Rodeo Renewed project has seen significant advancement, with the facility now exclusively processing renewable feedstocks. This has resulted in the production of approximately 30,000 barrels per day of renewable diesel.The Rodeo Renewable Energy Complex in California is on a t ...