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PSX News and Press, Phillips 66 From 03/23/21

Stock Information

Company Name: Phillips 66
Stock Symbol: PSX
Market: NYSE
Website: phillips66.com

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PSX - Phillips 66 (PSX) CEO Greg Garland Presents at 49th Annual Scotia Howard Weil Energy Conference (Transcript)

Phillips 66 (PSX) 49th Annual Scotia Howard Weil Energy Conference March 23, 2021 2:00 PM ET Company Participants Bob Herman - EVP of Refining Jeffrey Dietert - VP of IR Greg Garland - Chairman & CEO Mark Lashier - President & CEO Conference Call Participants Paul Cheng - Scotiabank P...

PSX - Phillips 66 to Announce First-quarter Financial Results

Phillips 66 (NYSE: PSX) executive management will host a webcast at noon EDT on Friday, April 30, to discuss the company’s first-quarter 2021 financial results, which will be released earlier that day, and provide an update on strategic initiatives. To access the webcast, go ...

PSX - Phillips 66 (PSX) CEO Greg Garland Presents at Simmons Energy 21st Annual Energy Conference (Transcript)

Phillips 66 (PSX) Simmons Energy 21st Annual Energy Conference March 22, 2021 02:30 PM ET Company Participants Greg Garland - Chairman & Chief Executive Officer Jeff Dietert - Vice President of Investor Relations Mark Lashier - President & Chief Operating Officer Kevin Mitchell - Exec...

PSX - DCP Midstream: Our Best Investment Keeps Getting Better

DCP Midstream has an impressive portfolio of assets that support strong EBITDA and DCF equivalent to >15% of its market cap. We expect the company will continue to pay a dividend of almost 7%, while paying down its debt. Going forward, DCP Midstream has the ability to generate ...

PSX - Oil plunges, gasoline set for 'crazy' moves and a nascent supercycle: Sector Watch

The cyclical trade lost a major arrow in its quiver in the last trading week as geopolitical tension and renewed lockdowns roiled crude prices and energy stocks.WTI futures (CL1:COM) (USO) closed the week down 6.3%, its worst week since October.Brent futures (CO1:COM) finished off 6.8%.The SP...

PSX - Renewables Versus Oil & Gas - Be Smart, Choose What's Best

In 2020, renewable energy was a winning investment theme, as the sector benefited from environmental, social, and governance (ESG) investment trends and a favorable political backdrop. In 2021, traditional energy has done very well on the back of a steep increase in oil prices. So...

PSX - Phillips 66 Is A Fantastic Dividend Stock

Phillips 66 was hit hard during the COVID-pandemic in 2020 as utilization rates dropped significantly. However, the company is expected to generate strong free cash flow in 2021 and beyond, resulting in higher dividends, buybacks, and lower net debt. While the valuation is fair, i...

PSX - Seeking Alpha Catalyst Watch

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report.Weeke...

PSX - Phillips 66 to Present at Two Upcoming Investor Conferences

Chairman and CEO Greg Garland will speak at the Simmons Energy Conference on March 22 He also will present at the Scotia Howard Weil Energy Conference on March 23 Phillips 66 (NYSE: PSX) Chairman and CEO Greg Garland will speak to investors and securities analysts at two...

PSX - Pioneer Resources' New Variable Dividend Policy Could Quadruple Its Yield

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...

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