Phillips 66 (PSX) News
Filter PSX News Items
PSX News Results
Date | Symbol | Company | Title | Start | End | Change | POWR Rating | ||
---|---|---|---|---|---|---|---|---|---|
Loading, please wait... |
PSX News Highlights
-
404 Page not found Error: Page not found
The requested URL was not found on this server.
-
404 Page not found Error: Page not found
The requested URL was not found on this server.
-
404 Page not found Error: Page not found
The requested URL was not found on this server.
Latest PSX News From Around the Web
Below are the latest news stories about PHILLIPS 66 that investors may wish to consider to help them evaluate PSX as an investment opportunity.
All It Takes Is $1,000 Invested in Each of These 3 High-Yield Dividend Stocks to Generate $112 in Passive Income in 2025ConocoPhillips (NYSE: COP), Kinder Morgan (NYSE: KMI), and Phillips 66 (NYSE: PSX) all have compelling valuations and yield over 3%. Investing $1,000 in each stock should generate about $112 in passive income in 2025 based on the yield of each stock at the time of this writing. ConocoPhillips is the largest U.S.-based independent exploration and production company by market cap. |
Phillips 66 downgraded to Neutral from Overweight at Piper SandlerPiper Sandler downgraded Phillips 66 (PSX) to Neutral from Overweight with a price target of $130, down from $144. The company’s financial leverage remains well above the high end of targeted leverage metrics, which will likely limit shareholder returns somewhat in 2025 in order to lower net debt, the analyst tells investors in a research note. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on Tip |
Phillips 66 Expands with $2.2 Billion EPIC AcquisitionAn announcement from Phillips 66 ( (PSX) ) is now available. Phillips 66 announced its agreement to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP for $2.2 billion, a move expected to enhance its position as a leading integrated downstream energy provider. The acquisition, which includes long-haul natural gas liquids pipelines and fractionation facilities, aims to optimize the company’s Permian NGL value chain and is anticipated to be immediately accretive to earnings, subject to regulatory a |
Why the Market Dipped But Phillips 66 (PSX) Gained TodayPhillips 66 (PSX) closed at $115.19 in the latest trading session, marking a +0.02% move from the prior day. |
Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL DealPSX states that the EPIC NGL acquisition is expected to generate attractive returns for the company and be immediately accretive to its earnings per share. |
Sector Update: Energy Stocks Rise in Tuesday Afternoon TradingEnergy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index and the Energy Select |
Phillips 66 to acquire EPIC NGL assets for $2.2bnThe EPIC NGL assets include two fractionators, 350 miles of pipelines and an 885-mile natural gas liquids (NGL) pipeline with a capacity of 175,000 barrels per day (bpd). |
Sector Update: Energy Stocks Advance Pre-Bell TuesdayEnergy stocks were advancing premarket Tuesday with the Energy Select Sector SPDR Fund (XLE) recentl |
Phillips 66 to Buy EPIC NGL for $2.2 BillionPhillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business. |
Phillips 66 strikes $2.2 billion EPIC NGL deal to boost natural gas liquids betNGLs include a group of hydrocarbons extracted from natural gas in a processing plant, and are used as feedstocks in petrochemical plants, for heating, cooking and various other applications. The deal would see Phillips 66 acquiring EPIC Y-Grade GP, and EPIC Y-Grade, and its various subsidiaries, which is expected to be immediately accretive to earnings per share, it said in its statement. |