PSX News and Press, Phillips 66 From 06/29/22

Shares of Occidental Petroleum (NYSE: OXY) , Devon Energy (NYSE: DVN) , and Phillips 66 (NYSE: PSX) fell hard on Wednesday, down 4.3%, 6.1%, and 4.6%, respectively. Although oil prices were trading higher in the morning, they fell by the late afternoon, down arou...

Sitting in traffic to get to the office on time, keeping your work from home space clear and clean, performing our actual work duties -- few people will argue that work seems like, well, a lot of work. Fortunately, dividend stocks enable investors to get paid for doing nothing. But ...

Energy (NYSEARCA:XLE) was the easy winner in Monday's S&P sector standings, +2.9% compared to the broader S&P 500's -0.3% showing, as crude oil futures rebounded from their recent slide. WTI front-month futures (CL1:COM) settled +1.8% to $109.57/bbl and Brent crude (CO1:COM) closed +1...

PBF is a large independent US oil refiner. Its share price ROR has lagged its peer group for poor profitability. It lost money in Q1'22 despite higher refinery margins. But market fundamentals are supportive and crack spread futures are at record highs. The Company should ...

Stanley Druckenmiller’s 13F portfolio value decreased from $2.93B to $2.31B this quarter. Duquesne added Teck Resources and Coterra Energy while dropping Alphabet, Carvana, and Palo Alto Networks. They also added a large short position in S&P 500 index through Puts. The...

Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. The S&P 500 rallied more than 3% on Friday to wrap up a big comeback week for the stock market that followed the worst weekly decline since the start o...

California regulators allege Phillips 66 (NYSE:PSX) improperly began processing renewable diesel at one of the units at its Rodeo, California, refinery, the company told Reuters on Friday. The Bay Area Air Quality Management District issued a notice of violation early this month, saying Phill...

Shares of energy companies fell sharply on Thursday, again sitting at the bottom of the S&P 500 leaderboard, as signs of slowing consumption sent oil prices sliding to six-week lows. The Energy Select Sector SPDR ETF (NYSEARCA:XLE) closed -3.7%, slumping 25% from its peak in early June an...

For the second day in a row, oil prices are tumbling Thursday -- and they're taking down shares of companies all across the energy industry along with them. As of 1:30 p.m. ET, oil-field services company Core Laboratories (NYSE: CLB) is down 5.2%, oil major Chevron (NYSE: ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Today, oil stocks are once again in focus for investors. From Marathon Oil (NYSE: MRO ), Phillips 66 (NYSE: PSX ) and ConocoPhillips (NYSE: COP ) to Chevron (NYSE: CVX ) and Exxon Mobil (NYSE: XO...