PSXP - Phillips 66 cuts 2020 capex by $700M defers several projects March, 24 2020 09:00 AM Phillips 66 Partners LP representing limited partner interest in the Partnership Phillips 66 (NYSE:PSX) says it is cutting its 2020 planned capital spending by $700M, or ~18%, to $3.1B and is suspending stock buybacks.More news on: Phillips 66, Phillips 66 Partners LP, Energy stocks news, Read more ...