PSX News and Press, Phillips 66 From 09/01/21

Phillips 66 (NYSE: PSX) today announced it will contribute $500,000 to the American Red Cross to assist relief efforts after Hurricane Ida swept through southeastern Louisiana. “We stand with our many employees, friends and neighbors across southeastern Louisiana,” sai...

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 August 29

Hurricane Ida is expected to rapidly intensify as it moves through the Gulf of Mexico today and tonight on a path toward Louisiana. The storm could arrive as a Category 4 hurricane as it continues to be fueled by warmer-than-normal water in the Gulf. The city of New Orleans is in the hurrican...

Pemex says a fire at an offshore platform in the Gulf of Mexico killed at least five people and slashed crude oil production by 421K bbl/day, or ~25% of the company's overall total. CEO Octavio Romero says there is no date yet for resuming production, but it could take days and exports "surel...

Energy stocks tumbled this week. The average energy company in the S&P 500 slumped nearly 9% over the past five trading days. Among the notable decliners were Phillips 66 (NYSE: PSX) , Occidental Petroleum (NYSE: OXY) , Clean E...

Large oil refiner Phillips 66, a $32.4 billion market cap company, pays a 4.9% dividend. Profits come from midstream, chemicals, refining, and marketing & specialties. Good earnings from chemicals and marketing are expected to be augmented with improved refining earnings in the ne...

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 August 15

Investment will expand Phillips 66’s presence in the battery supply chain and advance NOVONIX’s production of synthetic graphite for high-performance lithium-ion batteries Phillips 66 (NYSE: PSX) today announced it has entered into an agreement to acquire a 16%...

Treasury yields are now matching the overall S&P 500 (SP500) (NYSEARCA:SPY) dividend yield and UBS maintains a pro-cyclical bias, expecting rates to climb further. The 10-year Treasury yield jumped nearly 9 basis points to more than 1.3% on Friday after the strong jobs report. That's more...

The energy sector has delivered incredible returns for investors so far this year. The Energy Select SPDR ETF (NYSEMKT: XLE) is up 32% in total returns, almost double the 18% for the S&P 500 index over the same period as rising demand for oil and gas push energy prices -- an...