PSX News and Press, Phillips 66 From 11/30/22

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the Federal Reserve committed to tackling historically high inflation through hawkish monetary policies, it’s time for investors to consider the best stocks to buy for rising interest rates. Sure, some indicators su...

Summary Given a strong U.S. dollar, the Global X Silver Miners ETF is down 32% over the past year even as the price of silver is down only 12.7%. That being the case, investing in SIL is primarily a bet that the U.S. dollar & diesel price will weaken going forward. Meanwhi...

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. F...

Summary Phillips 66 held its "Investor Day 2022" gathering yesterday and unveiled a relatively fresh strategy to significantly boost investor returns through 2024. The strategy focuses on actually wringing-out the promised rewards of PSX's previous multi-year strategic plan to div...

Phillips 66 ( NYSE: PSX ) plans to return an additional $10B -$12B to shareholders by the end of 2024 through a combination of dividends and share repurchases, the energy company announced on Wednesday ahead of its investor day meeting. The board also authorized a $5B incr...

Return $10 billion - $12 billion to shareholders by end of 2024 Increase share repurchase authorization by $5 billion Improve Refining performance Integrate DCP Midstream; anticipate greater than $1 billion of adjusted EBITDA accretion Sustainable cost reductions of $1...

The energy sector offers investors a great way to score a high dividend yield. The average energy stock currently yields around 4%, more than double that of the S&P 500 . While high-yield dividend stocks can be at higher risk of reducing their dividend during tough...

Summary The Invesco Dynamic Energy E&P ETF holds 30 companies involved in domestic exploration and production. The fund also holds petroleum refiners. Despite the fund's 67% return over the past year, its valuation metrics are still significantly below that of the broad S&...

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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...