PSX News and Press, Phillips 66 From 12/02/20

Shares of ExxonMobil (NYSE: XOM) , Phillips 66 (NYSE: PSX) , and Apache Corporation (NASDAQ: APA) are rocketing today, up 4.4%, 4.8%, and 8.2%, respectively, as of 1:40 p.m. EST. It turns out there's good reason for that. In today's oil price news , WTI crude oil...

The S&P 500 energy sector ([[XLE]] +4.3%) is today's top performer, rebounding from Monday's 5.4% thud which followed a one-third increase in November through the 27th.Today's strength is backed by higher oil prices, with January WTI crude (CL1:COM) +2.3% to $45.60/bbl, the EIA's weekly i...

U.S. gasoline demand for the just-concluded Thanksgiving week fell more than 25% Y/Y, likely foreshadowing a difficult holiday season for American fuel makers.Wednesday demand alone fell 38% compared with the day before Thanksgiving 2019, GasBuddy's Patrick DeHaan says."COVID is just killing ...

Shares of oil stocks , including ExxonMobil (NYSE: XOM) , Phillips 66 (NYSE: PSX) , and ConocoPhillips (NYSE: COP) , crashed sharply lower in Monday trading, ending the day down 5.1%, 7.1%, and 7.5%, respectively. In part, the share price declines can be traced b...

HollyFrontier ([[HFC]] -4.9%) discloses plans to nearly double its capital spending in 2021 to $1.05B-$1.15B, up from $475M-$550M expected for 2020.Including its Holly Energy Partners ([[HEP]] -3%) unit, the company expects to spend $1.09B-$1.21B next year.The refiner's plans include a big in...

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Challenger Highlights: Week Of November 29

The energy sector ([[XLE]] -1.5%) ranks among today's weakest performers but remains on track to finish the week with a more than 8% gain, which places it well ahead of the remaining 10 S&P groups.Key factors driving today's weakness include crude oil pulling back from its highest level i...

In October and July, Kiplinger Today listed Analyst and Kiplinger favorite dividend stocks. Analyst October favorites numbered 25, plus 15 from Kiplinger, with one repeated left 39 total. These 39 stocks ranged from 1.42% to 8.74% in annual yield and ranged from 0.13% to 33.33% in one...

Phillips 66 posted a third-quarter 2020 loss of $799 million or $1.82 per share. The quarter adjusted loss per share was $0.01 per share. Phillips 66 did pretty well since November 9, when we received the news of the vaccine. It is the signal that many investors were waiting for. ...

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%...