PSX News and Press, Phillips 66 From 11/24/20

The S&P energy sector ([[XLE]] +4.5%) starts off with a nearly 5% gain today as crude oil jumps to its highest level since March; extending early gains, January WTI +3.8% to $44.70/bbl and January Brent +3.1% to $47.48/bbl.Two of yesterday's top five S&P winners, Apache ([[APA]] +8.8%...

Shares of integrated energy giant ExxonMobil (NYSE: XOM) rose as much as 5% on Nov. 23. ConocoPhillips (NYSE: COP) , which is focused on exploration and production, was higher by 6%. And refiner and midstream player Phillips 66 (NYSE: PSX) was up 5%. This trio covers...

The COVID-19 pandemic has had a devastating impact on society and the economy this year. Some companies closed their doors for good, while many others struggled to make it through by cutting expenses like dividends. However, a fter months of waiting, we received several doses ...

Refiners have taken the punishment from COVID-19: Despite a rebound along with other areas in the past week following positive vaccine news, they're doing worst among coronavirus-impacted sectors, J.P. Morgan says. Year-to-date, refiners are down 52% and the Energy Select SPDR (XLE) is down 3...

All things being equal, the current super-low interest rate environment should be great for high-dividend paying stocks. Yet in many cases, that simply is not the case. From Exxon to AT&T, the fact is many dividend paying stocks have so badly underperformed the market it calls int...

Refining names resume their week-long rally, as Pfizer's coronavirus vaccine offers some demand light at the end of the COVID-19 tunnel while looming refinery closures around the world look to keep supply in check.[[VLO]] +8.4%, [[MPC]] +7.2%, [[PSX]] +7.8%, [[HFC]] +7.7%, [[CVI]] +8.8%, [[DK...

Nearly 10% of U.S. refining capacity is offline due to low demand, plant repurposing or extended turnarounds, and many companies believe it is still not enough to support refining margins, S&P Global Platts reports.According to the report, 1.69M bbl/day of refinery capacity is offlin...

In my monthly series of 10 Dividend Growth Stocks, I rank a selection of dividend growth stocks in Dividend Radar and present the 10 top-ranked stocks for consideration. To rank stocks, I use DVK Quality Snapshots to get quality scores and sort them in descending order, breaking ties ...

Pfizer and BioNTech came out with great news for everyone. It looks like a safe and reliable vaccine could be rolled out in the foreseeable future. Take a look to see what this could mean for your investments, and to find ideas about what to buy and what to avoid. For furthe...

Slammed by weakened fuel demand during the pandemic, shares of U.S. oil refiners are skyrocketing after Pfizer announced it had developed a COVID-19 vaccine that was more than 90% effective.[[VLO]] +31.4%, [[MPC]] +16.9%, [[PSX]] +23.8%, [[PBF]] +33.1%, [[CVI]] +31.5%, [[HFC]] +28.2%.Fuel dem...