PSX News and Press, Phillips 66 From 06/02/22

DCP Midstream has gone from a company once at risk of bankruptcy to having one of the strongest midstream asset positions. The company has a strong dividend yield of more than 4%, which it has guided towards increasing in the 2nd half of the year. The company can continue to rapid...

New York is the latest jurisdiction to remove gasoline taxes, with a suspension of the 16c / gallon charge going into effect Wednesday. Nationwide the price at the pump averaged $4.67 Wednesday, with New York State averaging $4.93. Connecticut, Georgia and Maryland have taken similar measures...

Companies to develop a program to deploy rapid-charging, battery-integrated technology, advancing their commitment to lower-carbon solutions Phillips 66 (NYSE: PSX) signed a letter of intent with FreeWire Technologies in support of its first electric-vehicle charging program...

European diesel margins jumped Tuesday, as a confluence of factors led markets higher. Gasoil (diesel) margins in Europe rose to $36.84 per barrel, up $4.12 from Friday's close:  Russian diesel exports to Europe fell another 8% in May, are at their lowest level since October 2020, and ~2...

Phillips 66 (NYSE:PSX) traded today at a new 52-week high of $103.67. This new high was reached on below average trading volume as 1.6 million shares traded hands, while the average 30-day volume is approximately 4.2 million shares. Phillips 66 (NYSE:PSX) is currently priced 48.5% above ...

This article series covers dividend increases, cuts, and suspensions. We provide a summary table of relevant data and key statistics on dividend increases. We highlight one of the stocks and present performance, valuation, and earnings charts. For further details see: Di...

As most of you know, Putin's horrific war in Ukraine has effectively broken the global energy & food supply chains, causing inflation and more pressure on the Fed to raise rates. That, combined with the pandemic spending and reopening theme, has caused commodity and materials pric...

Bear markets can be brutal. It isn't easy to buy when prices seem to just go lower day after day. But history tells us that bear markets present some of the best long-term buying opportunities . Now is the perfect time to scan the stock market for companies that are worth owning for...

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion, Contender, An...

The President is reportedly asking oil refiners and integrated companies to "restart idled refineries." The move marks a pivot in three ways. First, the Administration is acknowledging that prices at the pump are elevated in large part because of a shortage in refining capacity. Sec...