PSX News and Press, Phillips 66 From 02/09/22

Phillips 66 (NYSE:PSX) declares $0.92/share quarterly dividend, in line with previous. Forward yield 4.11% Payable March 1; for shareholders of record Feb. 22; ex-div Feb. 18. See PSX Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Phillips 66 declares $...

Cenovus (NYSE:CVE) is in the penalty box after missing earnings and cash flow estimates, and struggling to provide a clear message on the call. Shares are down 7%+ headed into the close.  With most analyst questions focused on the net debt target and timing of increased shareholder retur...

Oil prices are currently trading at more than $90 per barrel and might hit $100 per barrel as geopolitical tensions rise. With seemingly promising prospects for the oil refining market, we think oil and gas refining stocks Marathon Petroleum (MPC), Phillips 66 (PSX), Valero Energy (VLO), Valv...

Phillips 66 (NYSE:PSX) says it formed a 50-50 joint venture with H2 Energy Europe to develop as many as 250 retail hydrogen refueling stations across Germany, Austria and Denmark by 2026. The companies say the JV's future network of hydrogen refueling stations will comprise existing JET-brand...

Companies enter into joint venture to develop up to 250 hydrogen retail refueling stations by 2026 Phillips 66 (NYSE: PSX) and H2 Energy Europe (“H2 Energy”) today announced their commitment to develop up to 250 retail hydrogen refueling stations across Germany...

Flaring at Valero's (NYSE:VLO) Houston refinery sent columns of smoke across the city Monday morning, as safety conditions required burning excess material at the plant.  Valero said operating conditions were impacted by third-party power outages along the Houston Ship channel. Star...

Saudi Arabia raised the Country's official selling price over the weekend, a measure of the premium or discount the Kingdom will receive relative to regional benchmark oil prices (NYSEARCA:USO). Even with benchmark prices hitting 7-year highs, Aramco (ARMCO) is bumping the premium the Country...

Shares of Phillips 66 (NYSE: PSX) jumped 17% last month, according to data provided by S&P Global Market Intelligence . Energy was the top-performing sector of the stock market in 2021, advancing some 53% compared to the S&P 500 's 27% increase as the economy beg...

Image source: The Motley Fool. Phillips 66 (NYSE: PSX) Q4 2021 Earnings Call Jan 28, 2022 , 12:00 p.m. ET Operator Continue reading For further details see: Phillips 66 (PSX) Q4 2021 Earnings Call Transcript

Fourth Quarter Reported fourth-quarter earnings of $1.3 billion or $2.88 per share; adjusted earnings of $1.3 billion or $2.94 per share Generated $1.8 billion of operating cash flow; $1.4 billion excluding working capital Approved 2022 capital program of $1.9 bil...