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PSX News and Press, Phillips 66 From 05/26/21

Stock Information

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

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PSX - Phillips 66 to Speak at Two Upcoming Investor Conferences

Company leaders will participate in fireside chats at the Wells Fargo Energy Conference on June 2 and the J.P. Morgan Energy, Power and Renewables Conference on June 22 Members of the Phillips 66 (NYSE: PSX) Executive Leadership Team will participate in fireside chats at two...

PSX - Delek joins Buy list at Piper Sandler in upbeat outlook for U.S. refiners

Delek US ([[DK]] -1.1%) is upgraded to Overweight from Neutral with a $30 price target at Piper Sander, which calls the company its favorite small- to mid-cap refining play, but shares trade lower in a generally down day for oil and gas names.Delek shares are "increasingly compelling vs....

PSX - Phillips 66: The Refining Segment Was The Weakest Link

Phillips 66 posted a first-quarter 2021 loss of $654 million or $1.49 per share. The first quarter's total costs and expenses dropped to $22,698 million. The refining segment was the most affected, with a large adjusted pre-tax loss of $1,026 million compared with a loss of $401 milli...

PSX - Marathon Petroleum: The Sale Of Speedway Is Now Completed

Marathon Petroleum reported $22.88 billion in the first quarter of 2021, down 5% from the same quarter a year ago. On May 14, 2021, Marathon Petroleum completed the sale of its Speedway business for $21 billion. I recommend accumulating MPC below $57. For further details see...

PSX - Dividend Challenger Highlights: Week Of May 23

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 May 23

PSX - Kinder Morgan (KMI) Investor Presentation - Slideshow

The following slide deck was published by Phillips 66 in conjunction with this event. For further details see: Kinder Morgan (KMI) Investor Presentation - Slideshow

PSX - Phillips 66 announces quarterly dividend

The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 90 cents per share on Phillips 66 common stock. The dividend is payable on June 1, 2021, to shareholders of record as of the close of business on May 24, 2021. About Phillips 66 Phillips 6...

PSX - 7 Oil Stocks to Buy Now for Profits From Pent-Up Demand

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With novel coronavirus cases retreating sharply in the U.S., it’s only natural for consumer sentiment to return. And despite the growth of alternative energy and electric vehicles, that means increased demand for oil...

PSX - Refiners renting oil tankers for floating storage with Colonial Pipeline outage

U.S. refiners are scrambling for tankers to store fuel that has nowhere to go following the cyberattack that knocked out the top U.S. oil products pipeline, Bloomberg reports.Valero Energy (VLO), Phillips 66 (PSX) and Marathon Petroleum (MPC) are in the process of chartering four non-U.S. fla...

PSX - Chevron Phillips JV failed to disclose years of U.S. benzene imports - Reuters

The Chevron Phillips ([[CVX]], [[PSX]]) petrochemical joint venture imported significant quantities of the toxic chemical benzene into the U.S. for several years without reporting it to regulators as required by law, Reuters reports.Chevron Phillips failed to immediately disclose "reportable ...

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