PSX News and Press, Phillips 66 From 08/02/23

2023-08-02 14:52:32 ET Phillips 66 ( NYSE: PSX ) -2.4% in Wednesday's trading after reporting Q2 earnings that fell sharply but topped analyst estimates, the latest U.S. refiner to suffer from comparisons to last year when results were sparked by a supply crunch caused ...

2023-08-02 08:00:00 ET Summary Consolidation continues to be a theme across energy subsectors as companies seek scale, integration, diversification, and for midstream, simplification. Several deals have been announced or completed this year for producers, midstream companies, and ...

2023-08-02 07:01:48 ET Phillips 66 press release ( NYSE: PSX ): Q2 Non-GAAP EPS of $3.87 beats by $0.31 . Generated $1.0 billion of operating cash flow, $2.0 billion excluding working capital For further details see: Phillips 66 Non-GAAP EPS of $3.87 beats by...

Reported second-quarter earnings of $1.7 billion or $3.72 per share; adjusted earnings of $1.8 billion or $3.87 per share Generated $1.0 billion of operating cash flow, $2.0 billion excluding working capital Returned $1.8 billion to shareholders through dividends and share repurchases ...

2023-08-01 13:33:09 ET Phillips 66 ( NYSE: PSX ) is scheduled to announce Q2 earnings results on Wednesday, August 2nd, before market open. The consensus EPS Estimate is $3.56 and the consensus Revenue Estimate is $37.66B Rival Valero Energy beat Q2 estimates drive...

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2023-07-28 14:33:13 ET As July gives way to August, the upcoming week is jam-packed with earnings reports from some of the biggest companies in the world. The highlighted companies include Apple ( NASDAQ: AAPL ), Amazon ( NASDAQ: AMZN ), Advanced Micro Devices...

2023-07-24 16:00:09 ET Summary Phillips 66's upcoming Q2 results (due out Aug. 2) are likely to show continued weakness in its Chemicals Segment. The company's long-term strategy to diversify away from its Refining Segment by investing in its Midstream & Chemicals Segments has...

2023-07-24 08:45:05 ET Summary Today, we put the largest North American refiner, Valero Energy, in the spotlight. The shares appear cheap on some valuation metrics and also pay better than a three percent dividend yield. The stock has been range bound, setting up a potential c...

2023-07-20 21:09:00 ET Summary LVS Advisory is a boutique investment firm focused on providing active investment management services for individuals, families, and institutions. LVS Advisory LLC is a Registered Investment Adviser based in New York City. For the first six months of...