Phillips 66 (PSX) News

Phillips 66 (PSX)

Today's Latest Price: $45.28 USD

0.70 (-1.52%)

Updated Oct 30 12:47pm

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Ranked of 97 in Energy - Oil & Gas

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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.

Phillips 66 Looks Cheap Even If You Ignore Its Refining Segment

Phillips 66 (PSX) has plunged 40% since early June, primarily due to the indiscriminate sell-off of the entire energy sector, which has dramatically underperformed the broad market over this period. This sell-off has affected, not only the weak energy stocks, but also the resilient ones, such as Phillips 66, which...

Aristofanis Papadatos on Seeking Alpha | September 25, 2020

Inter Pipeline: Yet Another Questionable Decision

InterPipeline (IPPLF) ("IPL") announced it agreed to sell a major portion of its European bulk liquid storage business for proceeds of £420 million (~$715 million). In 2019, the assets being sold generated ~£42 million of EBITDA - representing about two-thirds of IPL's cash flow from its European operations. That works...

Michael Fitzsimmons on Seeking Alpha | September 23, 2020

Phillips 66's Alliance refinery to remain down, move up maintenance

Phillips 66 (PSX) says its Alliance refinery in Louisiana, which closed ahead of Hurricane Sally, will stay shut and begin preparing for maintenance originally scheduled to begin in October.The turnarounds will include its sole crude unit, the reformer and some catalyst changes and last about four weeks, Bloomberg reports.Alliance is...

Seeking Alpha | September 16, 2020

Louisiana oil refineries, ports, offshore wells shut as Hurricane Sally approaches

The U.S. government says 21%, or 395.8K bbl/day, of offshore crude oil production and 25%, or 685M cf/day, of natural gas output has been shut in the U.S. Gulf of Mexico, as Tropical Storm Sally becomes a hurricane ahead of its anticipated Tuesday morning landfall east of New Orleans.Refiners in...

Seeking Alpha | September 14, 2020

Oil companies idle production as US Gulf Coast braces for hurricane

HOUSTON: Offshore platforms and one refinery along the U.S. Gulf Coast shut down on Sunday as they prepared for a second hurricane strike in less than a month. Phillips 66 began shutting its 255,600 barrel-per-day (bpd) Alliance, Louisiana, refinery as Tropical Storm Sally was forecast to pass …

Channel NewsAsia | September 13, 2020

Power outages continue to impede recovery of Louisiana refineries

Phillips 66's (PSX) 260K bbl/day Westlake refinery near Lake Charles, La., remains without power, and Citgo says it is still assessing the damage at its 418K bbl/day plant, a week after Hurricane Laura battered the region.Entergy (ETR) still has more than 100K Louisiana customers without power, down from a peak...

Seeking Alpha | September 4, 2020

Power outages continue to impede recovery of Louisiana refineries (NYSE:PSX)

Phillips 66's (NYSE:PSX) 260K bbl/day Westlake refinery near Lake Charles, La., remains without power, and Citgo says it is still assessing the damage at i

Seeking Alpha | September 4, 2020

Phillips 66's Lake Charles refinery may lack power for three weeks - Reuters (NYSE:PSX)

Restoring electricity to Phillips 66's (PSX +0.5%) 260K bbl/day Lake Charles, La., refinery could take as long as three weeks, Reuters reports, citing sour

Seeking Alpha | September 1, 2020

Top Analyst Upgrades and Downgrades: Crocs, Gap, GW Pharma, Lowe’s, Merck, Nio, Palo Alto, Phillips 66, Starbucks, Vital Farms and More

No summary available.

24/7 Wall street | August 25, 2020

Phillips 66 to reconfigure California refinery for renewable fuels

U.S. refiner Phillips 66 said on Wednesday it plans to reconfigure its refinery in Rodeo, California to produce renewable fuels from used cooking oil, fats, greases and soybean oils.

Reuters | August 12, 2020



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