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The Latest Breaking News from Phillips 66

Oil company Phillips 66 says it will shut down Los Angeles-area refinery

Oil company Phillips 66 has announced it plans to shut down a Los Angeles-area refinery that produces about 8% pf the state's crude oil

The Independent UK

Is Phillips 66 Stock Underperforming the Nasdaq?

Is Phillips 66 Stock Underperforming the Nasdaq?

Phillips 66 has recently underperformed in the Nasdaq, but Wall Street analysts are moderately optimistic about the stock’s prospects.

Phillips 66 Stock Outlook: is Wall Street Bullish or Bearish?

Phillips 66 Stock Outlook: is Wall Street Bullish or Bearish?

Phillips 66 has underperformed the broader market over the past year, yet analysts remain upbeat about the stock’s potential.

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Phillips 66's Quarterly Earnings Preview: What You Need to Know

Phillips 66 will unveil its Q2 earnings this month, and analysts project a double-digit profit dip.

Is Phillips 66 Stock Underperforming the S&P 500?

Despite Phillips 66’s mixed performance relative to the broader S&P 500 Index, Wall Street analysts remain cautiously optimistic about the stock’s outlook.

Stocks Climb on Impressive Tech Earnings and Strength in AI Chip Makers

The S&P 500 Index ($SPX ) (SPY ) this morning is up +1.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.55%. US stock indexes this morning are moderately higher, with the S&P 500 climbing...

Stocks Rally on Blockbuster Earnings from Alphabet and Microsoft

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.05%. US stock indexes this morning are moderately higher as blockbuster earnings results from...

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Phillips 66 Misses Q1 Profit Estimates Due To Weak Margins

Phillips 66 Misses Q1 Profit Estimates Due To Weak Margins

Phillips 66 faces profit challenges in Q1 due to weak margins but remains resilient in the energy industry.

3 Energy Stocks With Skyrocketing Gain Potential

3 Energy Stocks With Skyrocketing Gain Potential

Given soaring oil and gas demand alongside supply limitations, the energy sector is poised for robust growth, potentially leading to an uptick in energy prices in the near future. To that end, quality energy stocks Phillips 66 (PSX), Weatherford International plc (WFRD), and ChampionX Corporation (CHX) with skyrocketing gain potential…

3 Energy Stocks Surging Towards Profitability

3 Energy Stocks Surging Towards Profitability

The energy industry is poised for robust growth due to increasing global demand for oil amid supply cuts and potential production disruptions. This trend creates opportunities for investment across the sector. Therefore, investors could consider buying fundamentally strong energy stocks such as Phillips 66 (PSX), Cheniere Energy (LNG), and Western…

MRO vs. PSX - Which Is the Top Energy Stock to Buy in March?

MRO vs. PSX - Which Is the Top Energy Stock to Buy in March?

Ongoing conflicts in the Middle East and the extension of oil production cuts by OPEC+ into the second quarter are contributing to the positive sentiment around the energy industry. Let’s compare the fundamentals of Phillips 66 (PSX) and Marathon Oil Corporation (MRO) to determine which energy stock is a better…

After Pushback, California Delays Extension of Rewards for Oil and Gas Companies

After Pushback, California Delays Extension of Rewards for Oil and Gas Companies

Opponents say a program that gives valuable credits for making fuels from crops and dairy waste props up fossil fuels companies and pollutes nearby communities.

3 Undervalued Dividend Energy Stocks to Scoop Up Now

3 Undervalued Dividend Energy Stocks to Scoop Up Now

Here are three attractive stocks within the energy sector that are undervalued and pay an impressive dividend yield.

Phillips 66 strikes gold with Armed Forces commitment

Phillips 66 strikes gold with Armed Forces commitment

Covenant was only signed in 2020 - now the company behind the huge Humber Refinery has taken the top ranking

Birmingham Post

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Birmingham Post

Humber Zero policy push plea as partners underline readiness to capture carbon

Phillips 66, VPI and Harbour Energy share platform to update on huge decarbonisation project

Phillips 66 Impresses Investors with Its 4.5% Dividend Yield and 10% Total Yield

Phillips 66 made impressive Q1 earnings with good prospects going forward. Given its 5.7% buyback yield and its 4.5% dividend yield, PSX stock is attractive to investors with a 10% total yield.

Birmingham Post

Carbon capture omission leads Chamber and council leaders to write to Westminster urging rapid rethink

Humber's grand schemes missed forerunner status despite the industrial cluster being the most carbon intensive

California Climate Groups Feel Burned After Backing Big Oil Windfall Bill

Gov. Newsom reneged on pledge to wind down fossil fuel refineries.

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Birmingham Post

Humber Renewables Awards 2023 shortlist published

Energy Estuary success stories set to be celebrated next month

The Texas Tribune

With more electric vehicles expected in Texas, two bills pave the road for fast-charging stations statewide

Two bills would form the foundation for companies to build more electric vehicle charging stations across the state, supporters say.

Birmingham Post

Big interview: Viking project director on next steps for government on carbon capture and storage

Budget headlines now need underpinning with clear timelines for delivery according to Harbour Energy executive

Bay Area Plans to Refine Biofuels Could Derail Climate Goals, Warn Environmentalists

Oil companies may end up relying on environmentally questionable crop-based fuels.

Birmingham Post

Meet the new man at the helm of Phillips 66 Humber Refinery

Paul Fursey has taken over from Darren Cunningham

Birmingham Post

Contract for vital carbon capture process awarded by Humber refining giant

Phillips 66 turns to Babcock & Wilcox for key flue gas pre-treatment stage of grand plan to clean up fuel production

Los Angeles Times

Editorial: Big Oil shouldn’t be able to fleece Californians while polluting the planet

Gov. Gavin Newsom’s proposal to penalize excessive oil refinery profits is a relatively straightforward effort to prevent price gouging that reached new heights this year as gas prices in the state spiked to more than $6.40 a gallon. While Californians paid $2.60 a gallon more than the average American motorist…

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