PSX News and Press, Phillips 66 From 11/05/22

Shares of U.S. oil companies Occidental Petroleum (NYSE: OXY) , Devon Energy (NYSE: DVN) , and Phillips 66 (NYSE: PSX) each rallied above the level of the market in October, increasing 18.1%, 28.6%, and 29.2%, respectively, according to data from S&P Global Mar...

Finding a quality business that pays a stable and growing dividend is a task in and of itself. But to find a company that is also a good value and has long-term growth prospects adds an additional layer of complexity. Phillips 66 (NYSE: PSX) , Union Pacific (NYSE: UNP) ,...

Summary DCP Midstream showed considerable improvement in its finances YOY. The company seems likely to post better results in Q4 2022 than it did in Q4 2021. The offer from Phillips 66 is a bit of a wildcard since the company's units are far too expensive for this deal to be g...

Shares of refining, chemicals, and midstream giant Phillips 66 (NYSE: PSX) were rallying today, up as much as 5.1%, before settling into a 3.1% gain as of 2:18 p.m. ET. Phillips reported third-quarter earnings, which, while declining quarter over quarter, still came in ahead of ...

Phillips 66 (PSX) Q3 2022 Earnings Conference Call November 1, 2022 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - President and CEO Kevin Mitchell - EVP and CFO Rich Harbison - SVP, Refining Brian Mandel...

Summary Phillips 66 has a higher distillate yield as compared to its refining peers. That, combined with its advantaged feedstock, gives the company a competitive advantage in the strong diesel market. "Advantaged" because PSX is the largest importer of heavily discounted WCS crud...

Phillips 66 ( NYSE: PSX ) +3.9% in early trading Tuesday after easily beating estimates for Q3 adjusted earnings while also buying back more of shares than expected, as the refiner was helped by surging fuel demand and tight energy supplies. Phillips 66 ( PSX ) s...

Phillips 66 press release ( NYSE: PSX ): Q3 Non-GAAP EPS of $6.46 beats by $1.43 . Generated $3.1B of operating cash flow. “Third-quarter results reflect a continued favorable market environment, as well as strong operating performance and improved market ca...

Reported third-quarter earnings of $5.4 billion or $11.16 per share; adjusted earnings of $3.1 billion or $6.46 per share Generated $3.1 billion of operating cash flow Returned $1.2 billion to shareholders through dividends and share repurchases Increased economic interest...

Phillips 66 ( NYSE: PSX ) is scheduled to announce Q3 results on Tuesday, Nov. 1, before market open. Consensus EPS estimate is $5.03 (+58.2% Y/Y) and consensus revenue estimate is $40.68B. Over the last 2 years, PSX has beaten EPS estimates 88% of the time and r...