Phillips 66

Yahoo Finance • last month

Phillips 66 announces agreement to sell interest in Switzerland-based joint venture

HOUSTON, October 14, 2024--(BUSINESS WIRE)--Phillips 66 (NYSE:PSX) announced today that its subsidiary, Phillips 66 Limited, has entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG... Full story

Yahoo Finance • last month

Phillips 66 (PSX): Leading with Strong Financial Performance

We recently published a list of 8 Best Oil Refinery Stocks To Invest In. In this article, we are going to take a look at where Phillips 66 (NYSE:PSX) stands against other best oil refinery stocks to invest in. The global oil refining indu... Full story

Yahoo Finance • last month

Phillips 66 Announces Quarterly Dividend

HOUSTON, October 11, 2024--(BUSINESS WIRE)--The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.15 per share on Phillips 66 common stock. The dividend is payable on Dec. 2, 2024, to shareholders of rec... Full story

Yahoo Finance • 2 months ago

Big Oil Urges Trump Not to Gut Biden’s Climate Law

Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction Act potentially worth billions. Continue reading View comments... Full story

Yahoo Finance • 2 months ago

Institutional investors are Phillips 66's (NYSE:PSX) biggest bettors and were rewarded after last week's US$1.9b market cap gain

Key Insights Given the large stake in the stock by institutions, Phillips 66's stock price might be vulnerable to their trading decisions 50% of the business is held by the top 22 shareholders Using data from analyst forecasts alongside o... Full story

Yahoo Finance • 2 months ago

We Think Phillips 66 (NYSE:PSX) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when yo... Full story

Yahoo Finance • 2 months ago

Phillips 66's (NYSE:PSX) investors will be pleased with their strong 114% return over the last three years

By buying an index fund, investors can approximate the average market return. But if you choose individual stocks with prowess, you can make superior returns. For example, the Phillips 66 (NYSE:PSX) share price is up 91% in the last three... Full story

Yahoo Finance • 2 months ago

Could The Market Be Wrong About Phillips 66 (NYSE:PSX) Given Its Attractive Financial Prospects?

Phillips 66 (NYSE:PSX) has had a rough month with its share price down 8.8%. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term,... Full story

Yahoo Finance • 3 months ago

With 76% institutional ownership, Phillips 66 (NYSE:PSX) is a favorite amongst the big guns

Key Insights Institutions' substantial holdings in Phillips 66 implies that they have significant influence over the company's share price 50% of the business is held by the top 22 shareholders Ownership research along with analyst forec... Full story

Yahoo Finance • 3 months ago

Phillips 66 (PSX) Faces Activist Pressure By Elliot Management

We recently compiled a list of the Shake-Up Alert: 40 Companies Facing Activist Pressure.In this article, we are going to take a look at where Phillips 66 (NYSE:PSX) stands against the other companies facing activist pressure. The equity... Full story

Yahoo Finance • 3 months ago

These 3 Stocks Raise Dividends Consistently & Offer High Yields: Phillips 66, Archer-Daniels-Midland And Exxon Mobil

These 3 Stocks Raise Dividends Consistently & Offer High Yields: Phillips 66, Archer-Daniels-Midland And Exxon Mobil Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a lo... Full story

Yahoo Finance • 4 months ago

3 Underrated High-Yield Dividend Stocks to Buy Now and Hold Forever

Dividend stocks can be fantastic investments. Over the last five decades, dividend payers outperformed the average S&P 500 member (9.2% annualized total return compared to 7.7%). However, the best returns have come from dividend growers (1... Full story

Yahoo Finance • 4 months ago

ExxonMobil Is a Rock-Solid Dividend Stock, but So Is This Dirt Cheap Value Stock That Paid $1.8 Billion in Dividends Over the Past Year

In addition to being the most valuable U.S.-based energy company, ExxonMobil is a consistent dividend payer, with over 42 consecutive years of raising its payout. With a diversified business model and enough cash flow to invest in organic... Full story

Yahoo Finance • 4 months ago

Consumer Discretionary Stocks With High Dividend Yields & Consistent Hikes: Starbucks, Phillips 66, and Restaurant Brands International

Consumer Discretionary Stocks With High Dividend Yields & Consistent Hikes: Starbucks, Phillips 66, and Restaurant Brands International Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.... Full story

Yahoo Finance • 5 months ago

Investors Met With Slowing Returns on Capital At Phillips 66 (NYSE:PSX)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. In a perfect world, we'd like to see a company investing more capital into its business and ideally the re... Full story

Yahoo Finance • 5 months ago

Phillips 66 Achieves Full Production Rates of Renewable Fuel

Rodeo Renewed project increases output to approximately 50,000 barrels per day (BPD) HOUSTON, June 26, 2024--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) today announced the full conversion of the Rodeo Renewable Energy Complex, expanding com... Full story

Yahoo Finance • 7 months ago

Phillips 66 to Host Annual Meeting of Shareholders

HOUSTON, May 06, 2024--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) will host its 2024 Annual Meeting of Shareholders on Wednesday, May 15 at 9 a.m. CT in a virtual-only format via audio webcast. The meeting can be accessed at virtualsharehol... Full story

Yahoo Finance • 7 months ago

Phillips 66 (PSX) Q1 2024 Earnings Call Transcript Highlights: Strategic Moves and Financial ...

Adjusted Earnings: $822 million or $1.90 per share Operating Cash Flow: $1.2 billion, excluding working capital Distributions from Equity Affiliates: $348 million Capital Spending: $628 million, including $171 million for Midstream joint v... Full story

Yahoo Finance • 7 months ago

Top 25 States with Cheapest Gasoline Prices

In this article, we list and discuss the Top 25 States with Cheapest Gasoline Prices as of April 2024. If you would like to skip our detailed analysis of the US oil market, you can instead go to the Top 10 States with Cheapest Gasoline Pri... Full story

Yahoo Finance • 7 months ago

Returns On Capital At Phillips 66 (NYSE:PSX) Have Stalled

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. If you se... Full story