PSX News and Press, Phillips 66 From 10/28/21

Phillips 66 (NYSE:PSX) is scheduled to announce Q3 earnings results on Friday, October 29th, before market open. The consensus EPS Estimate is $1.93 (compared to -$0.01 in year ago quarter) and the consensus Revenue Estimate is $24.33B (+49.4% Y/Y). Higher crude prices in Q3 might have eroded...

All-stock transaction at a fixed exchange ratio of 0.50 PSX shares for each PSXP common unit Simplifies governance and corporate structure Transaction expected to close in the first quarter of 2022 Phillips 66 (NYSE: PSX) and Phillips 66 Partners (“PSXP”...

Seeking Alpha authors continue to be optimistic about XOM based on big reserves and potential bonanza from carbon capture. Reality is an upcoming COP-26 climate summit that is focusing on net zero by 2050 and 50% reduction in emissions by 2030. These goals are not compatible with XOM&...

Since the fiscal years of most companies coincide with the actual calendar, we tend to get a clutch of dividend raises near or at the end of a year. In 2021, many businesses continued to do well, despite the deleterious effects of the coronavirus delta variant, and many are so far hewing to...

On Wednesday, Plug Power Inc. ( NASDAQ:PLUG ) shares spiked 11% after announcing multiple strategic partnerships. The stock also received a rating upgrade from Morgan Stanley. The firm upgraded PLUG shares to overweight from equal weight, citing accelerating growth, legislat...

Collaboration to scale green hydrogen throughout industrial and mobility sectors, while advancing development of key hydrogen infrastructure and fueling capabilities Phillips 66 (NYSE: PSX) and Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen so...

HOUSTON and LATHAM, N.Y, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Phillips 66 (NYSE: PSX) and Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today announced that the companies have signed a memorandum of understanding...

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Phillips 66 (NYSE:PSX) declares $0.92/share quarterly dividend, 2.2% increase from prior dividend of $0.90. Forward yield 4.56% Payable Dec. 1; for shareholders of record Nov. 17; ex-div Nov. 16. Additionally, on Sept. 24, 2021, the company repaid the $500M of outstanding borrowings under its...

The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 92 cents per share on Phillips 66 common stock, representing a 2% increase. The dividend is payable on Dec. 1, 2021, to shareholders of record as of the close of business on Nov. 17, 2021. Additio...