Workflow
Phillips 66(PSX)
icon
Search documents
Phillips 66 (PSX) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Zacks Investment Research· 2024-03-21 23:05
Phillips 66 (PSX) closed the most recent trading day at $159.08, moving +0.2% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.32%. On the other hand, the Dow registered a gain of 0.68%, and the technology-centric Nasdaq increased by 0.2%.Coming into today, shares of the oil refiner had gained 10.6% in the past month. In that same time, the Oils-Energy sector gained 6.39%, while the S&P 500 gained 5.11%.The investment community will be paying close attention to the earnings ...
Phillips 66 (PSX) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-03-20 23:21
In the latest market close, Phillips 66 (PSX) reached $158.76, with a +1.13% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.89%. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 1.25%.The oil refiner's shares have seen an increase of 11.23% over the last month, surpassing the Oils-Energy sector's gain of 5.25% and the S&P 500's gain of 3.56%.Market participants will be closely following the financial results of Phillips 66 in its ...
Phillips 66 (PSX) Soars 3.0%: Is Further Upside Left in the Stock?
Zacks Investment Research· 2024-03-18 11:06
Phillips 66 (PSX) shares soared 3% in the last trading session to close at $159.03. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.5% gain over the past four weeks.The surge can be attributed to its fourth-quarter performance, during which the company's Midstream segment exhibited increased revenue compared to the corresponding period in the prior year. Additionally, the company achieved remarkable run-rate cost and sustaining ...
Phillips 66 (PSX) Presents at BofA Securities Refining Conference Transcript
2024-03-14 21:41
Phillips 66 (NYSE:PSX) BofA Securities Refining Conference March 14, 2024 12:45 PM ET Company Participants Rich Harbison - EVP, Refining Jeff Dietert - VP, IR Conference Call Participants Douglas Leggate - Bank of America Douglas Leggate Folks, we're going to try and get back on schedule. I'm sorry, we're running just a few minutes late. So say the best the last, I guess, right? [Indiscernible] No joking aside. Thanks very much indeed for being here guys. Jeff Dietert, Head of Investor Relations shouldn't b ...
Why Retain Strategy is Apt for Phillips 66 (PSX) Stock Now
Zacks Investment Research· 2024-03-13 16:51
Phillips 66 (PSX) has surged 59.3% in the past year compared with the industry’s 18.4% improvement. What's Favoring the Stock?PSX has a diversified business model, with a significant presence in businesses related to refining midstream, chemicals and marketing & specialties. In each of its operations, Phillips 66 has a solid footprint pertaining to safety, profitability, size and competitive strengths.It is focusing more on businesses like midstream, renewables and chemicals, which makes the business model ...
Is Trending Stock Phillips 66 (PSX) a Buy Now?
Zacks Investment Research· 2024-03-08 15:06
Phillips 66 (PSX) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this oil refiner have returned +1.6% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Oil and Gas - Refining and Marketing industry, to which Phillips 66 belongs, has gained 3.2% over this period. Now the key question is: Where could the stock be headed in th ...
Phillips 66 (PSX) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-03-08 00:01
Phillips 66 (PSX) closed at $149.21 in the latest trading session, marking a +1.66% move from the prior day. This move outpaced the S&P 500's daily gain of 1.03%. Meanwhile, the Dow experienced a rise of 0.34%, and the technology-dominated Nasdaq saw an increase of 1.51%.Shares of the oil refiner witnessed a gain of 0.16% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 4.1% and the S&P 500's gain of 3.21%.The upcoming earnings release of Phillips 66 will be of gr ...
Phillips 66 Still Has Fuel To Move Higher
Seeking Alpha· 2024-03-06 14:53
Joe_PotatoWith a market capitalization of $63.5 billion, Phillips 66 (NYSE:PSX) is one of the largest energy companies, not only in the US, but across the globe. Despite this, I feel like the firm does not receive all that much attention from investors. Even I have not kept track of its operations as closely as I should. The last time I wrote about the business, for instance, was in an article published in February of 2018. At that time, the discussion centered around an agreement struck between the fir ...
Phillips 66(PSX) - 2023 Q4 - Annual Report
2024-02-20 16:00
Table of Contents Index to Financial Statements 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35349 Phillips 66 (Exact name of registrant as specified in its charter) Delawa ...
Phillips 66 Appoints Robert W. Pease to Board of Directors
Businesswire· 2024-02-13 12:50
HOUSTON--(BUSINESS WIRE)--The Board of Directors of Phillips 66 (NYSE: PSX) has appointed Robert W. Pease to serve on the board, effective immediately. Following the appointment, the board consists of 14 directors, 12 of whom are independent. In addition, Phillips 66 and Elliott Investment Management L.P. (together with its affiliates, “Elliott”) have agreed to work together to identify a second mutually agreed director to be named over the coming months. “ Phillips 66 is pleased to welcome Bob to the boar ...