PSX News and Press, Phillips 66 From 03/14/21

Pioneer has 920,000 net acres in the core of the Permian Basin - none of which is on Federal land. The recent Parsley acquisition will lead to additional cost synergies and operational efficiencies. PXD delivered $294 million of FCF in Q4 and is initiating a variable dividend plan...

The report gives a detailed look at the company’s culture, workforce metrics and benefits. Phillips 66 (NYSE: PSX) today published its inaugural Human Capital Management Report, a comprehensive look at the company’s approach to building a high-performing organi...

Financial strength is excellent. The distribution coverage ratio is decent. DAPL issues are holding back the common units and making an investment in the common units is unadvisable at the current time. Mr. Market thinks that a pipeline shutdown is likely.  Management of ...

The e-Shield line provides optimal performance plus excellent thermal and conductive properties enabling longer driving range for electric vehicles. Phillips 66 (NYSE: PSX) Lubricants announced today the launch of Phillips 66 e-Shield, high-performing lubricant solutions to ...

Shares of Phillips 66 (NYSE: PSX) rose 22.5% in February, according to data provided by S&P Global Market Intelligence . Phillips isn't an oil producer, but its midstream and downstream operations are still heavily affected by the outlook for oil-derived product demand and s...

The company makes donations to the Houston Harris County Winter Storm Relief Fund and the Houston Food Bank. Phillips 66 (NYSE: PSX) announced today it is contributing a total of $450,000 to winter storm relief and recovery efforts across Houston, with $250,000 going to the ...

Saudi Arabia's decision to keep its voluntary 1 million bpd cut, combined with OPEC's decisions to stand pat on production, has greatly improved the outlook for PSX. Combined with excellent progress on the vaccines and expanding chemical margins, the 2H recovery I was expecting for PS...

Against all expectations, OPEC maintains its cuts at least through April. Oil prices surge, setting the stage for a fantastic 2021 for oil and gas stocks. We have eight stocks that are still great value to buy now and profit from the 2021 oil bull market. For further details...

Petaluma, California - a city of 61,000 residents and 15 square miles in size - has become the first in the country to permanently halt the construction of new gas stations. The legislation will also outlaw new pumps at existing stations and streamline the process for adding more EV infrastru...

Phillips 66 ([[PSX]] +2.1%) appointed 30-years industry veteran Mark Lashier, President and CEO of Chevron Phillips Chemical as its president & COO, effective April 1.He assumes his new role at a time when the company is operationally and financially strong yet navigating a...