Latest News - Phillips 66

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Phillips 66

PSX | NYSE | United States
377
-79
Rank
$59.51B
Market Cap
$147.73B
+$ 0.34B
+0.23%
Revenue
$3.62B
-$ 6.77B
-65.16%
Earnings
13.2K
-0.8K
-5.71%
Employees
IEO’s $0.55 quarterly dividend faces a critical test as oil prices hover near 12-month highs

23.05.2026 10:15

The iShares U.S. Oil & Gas Exploration & Production ETF (NYSEARCA:IEO) just paid a $0.55 distribution in March, the lightest quarterly payment since mid-2024. IEO holders are buying the aggregated dividend policies of America’s largest oil and gas producers, and those policies flex with the commodity. With WTI back above $112 per barrel in mid-May, ... IEO’s $0.55 quarterly dividend faces a critical test as oil prices hover near 12-month highs

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Is Valero Well Positioned to Return Capital to Its Shareholders?

22.05.2026 14:31

VLO invests in refining upgrades and clean fuels to boost margins, cash flow and long-term shareholder returns.

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Phillips 66 green-lights Zeus Gas Plant and Robstown NGL unit

19.05.2026 08:34

The Zeus plant and the additional fractionator are both included in Phillips 66’s $2bn–$2.5bn capital spending plan.

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Phillips 66 Midstream Expansions And Valuation Signal For PSX Investors

19.05.2026 02:10

Phillips 66 (NYSE:PSX) announced plans to build the Zeus Gas Plant in the Permian Basin. The company also plans a third Coastal Bend Fractionator in Texas. Both midstream projects are expected to be in service by 2028. For investors watching NYSE:PSX, these new midstream projects arrive as the stock trades around $179.8, with returns of 2.5% over the past week and 15.0% over the past month. Over longer periods, the stock has returned 37.7% year to date and 51.1% over the past year, along...

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Phillips 66 announces Zeus Gas Plant and a third Coastal Bend Fractionator, advancing integrated wellhead-to-market strategy in the Permian and on the Gulf Coast

18.05.2026 11:00

HOUSTON, May 18, 2026--Phillips 66 today announced it is moving forward with the Zeus Gas Plant and a third Coastal Bend Fractionator.

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Is Phillips 66 (PSX) Among the Energy Stocks that Crushed Earnings Estimates in the First Quarter?

18.05.2026 10:20

Phillips 66 (NYSE:PSX) is included among the 10 Energy Stocks that Crushed Earnings Estimates in the First Quarter. Phillips 66 (NYSE:PSX) is a diversified and integrated downstream energy provider that manufactures, transports, and markets products. Phillips 66 (NYSE:PSX) reported its Q1 2026 results on April 20. The company delivered a surprise adjusted profit of $0.49 […]

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Phillips 66 expands gas processing in Permian Basin and Gulf Coast

18.05.2026 07:15

Refiner Phillips 66 said onMonday it would move ahead with the Zeus Gas Plant in thePermian Basin and a third Coastal Bend Fractionator in Texas,expanding its network to capture growing volumes of...

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A Look At Phillips 66 (PSX) Valuation After Q1 Earnings Beat And Board Stability Moves

17.05.2026 17:10

Q1 earnings beat and board moves put Phillips 66 in focus Phillips 66 (PSX) has come onto investors’ radar after reporting Q1 adjusted earnings per share of $0.49 on revenue of $33 billion, both ahead of forecasts that had called for a loss and lower sales. The earnings surprise arrives alongside governance updates, including the re election of four Class II directors, shareholder approval of executive pay, and board leadership changes that keep Greg Hayes as lead independent director and...

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Phillips 66 Appoints Greg Hayes as Lead Independent Director

13.05.2026 13:12

Phillips 66 today announced that the Board of Directors has appointed Greg Hayes to serve as lead independent director, effective immediately.“We are pleased to have Greg step into the role of...

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Phillips 66 (NYSE:PSX) Combines Strong Earnings Momentum with a Perfect Technical Setup

13.05.2026 10:50

Phillips 66 (PSX) shows strong earnings momentum with 138% EPS growth, a perfect technical rating of 10, and a setup score of 8, making it a compelling candidate for growth-oriented traders seeking a high-conviction entry.

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Phillips 66 Commits $1 Million to Expand Hands-On STEM Learning Through Project Lead The Way in Communities Nationwide

11.05.2026 14:30

Project Lead The Way (PLTW), an organization dedicated to preparing PreK–12 students for careers, college and life through hands-on curriculum, is proud to announce that Phillips 66 has invested $1 million to support the continued expansion of PLTW programs in middle and high schools in communities nationwide. The funding will increase access to hands-on, career-connected learning in engineering, computer science and STEM exploration through PLTW Gateway, PLTW Engineering, and PLTW Computer Scie

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Phillips 66 (PSX) Just Overtook the 50-Day Moving Average

11.05.2026 13:30

When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?

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Is It Too Late To Consider Phillips 66 (PSX) After Its Recent Pullback?

09.05.2026 09:12

Investors may be wondering if Phillips 66 at around US$168 per share still offers value, or if most of the opportunity is already reflected in the price. The stock has pulled back 6.1% over the last week and 3.7% over the last month, yet it still shows returns of 28.9% year to date and 59.8% over the past year, with very large gains over 3 and 5 years. Recent headlines around Phillips 66 have focused on its position in the US energy sector and the implications of past capital allocation and...

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Zacks Industry Outlook Highlights Valero Energy, Phillips 66 and HF Sinclair

07.05.2026 09:17

Valero, Phillips 66 and HF Sinclair are benefiting from tight fuel inventories, strong demand and reliable North American crude supplies.

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Albemarle CEO: Energy security and grid resiliency is one of the biggest global drivers for lithium demand

07.05.2026 08:38

Albemarle CEO: Energy security and grid resiliency is one of the biggest global drivers for lithium demand ...

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Morgan Stanley Raises its Price Target on Phillips 66 (PSX) to $180

07.05.2026 06:21

Phillips 66 (NYSE:PSX) is one of the 10 Must-Buy Stocks with the Strongest 1Q2026 Earnings Beats. On April 30, 2026, Morgan Stanley raised its price target on Phillips 66 (NYSE:PSX) to $180 from $174 and maintained an Overweight rating following the company’s Q1 results. The firm noted Q1 adjusted EPS of 49c exceeded the (39c) […]

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Phillips 66 Insiders Sold US$1.9m Of Shares Suggesting Hesitancy

05.05.2026 12:00

Over the past year, many Phillips 66 ( NYSE:PSX ) insiders sold a significant stake in the company which may have...

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Phillips 66 to Host Annual Meeting of Shareholders

04.05.2026 11:00

HOUSTON, May 04, 2026--Phillips 66 will host its 2026 Annual Meeting of Shareholders on Wednesday, May 13 at 8 a.m. CT.

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Phillips 66 Q1 Earnings Call Highlights

02.05.2026 10:35

Phillips 66 (NYSE:PSX) reported first-quarter 2026 earnings as management emphasized operational execution and commercial flexibility amid what it called unprecedented commodity price volatility tied to geopolitical events in the Middle East. Chairman and CEO Mark Lashier said the quarter featured e

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Will Earnings Beat, Higher Dividend and COO Shift Change Kinder Morgan's (KMI) Pipeline-Led Narrative?

01.05.2026 03:07

Kinder Morgan, Inc. recently reported past first-quarter 2026 results showing sales of US$4.83 billion and net income of US$976 million, alongside a 2% year-on-year dividend increase to US$0.2975 per share and a planned COO transition effective September 4, 2026. At the same time, the company advanced its Western Gateway refined products pipeline project with Phillips 66, underscoring Kinder Morgan’s ongoing role in linking key U.S. refining hubs to major Southwest and California fuel...

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