PSX News and Press, Phillips 66 From 08/08/22

Whether the stock market is near an all-time high or in a bear market, no one wants to pay more for a share of a company than it is worth. But that's easier said than done, given companies have varying growth rates and business strategies. A dirt cheap dividend stock could be a company ...

Image source: The Motley Fool. Phillips 66 (NYSE: PSX) Q2 2022 Earnings Call Jul 29, 2022 , 12:00 p.m. ET Operator Continue reading For further details see: Phillips 66 (PSX) Q2 2022 Earnings Call Transcript

Phillips 66 ( NYSE: PSX ) continues to see strong fuel demand fundamentals , and expects refining results will remain strong in Q3 given limited product supply increases. "Crude [differentials] are certainly moving in our favor, and our ability to outperform on distillat...

Phillips 66 (PSX) Q2 2022 Earnings Conference Call July 29, 2022 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - President and CEO Kevin Mitchell - EVP and CFO Brian Mandell - EVP, Marketing and Commercial ...

Phillips 66 press release ( NYSE: PSX ): Q2 Non-GAAP EPS of $6.77 beats by $1.01 . Generated $1.8 billion of operating cash flow; $3.6 billion excluding working capital For further details see: Phillips 66 Non-GAAP EPS of $6.77 beats by $1.01

Reported second-quarter earnings of $3.2 billion or $6.53 per share; adjusted earnings of $3.3 billion or $6.77 per share Generated $1.8 billion of operating cash flow; $3.6 billion excluding working capital Repaid $1.5 billion of debt Returned $533 million to shareholders...

Phillips 66 ( NYSE: PSX ) is scheduled to announce Q2 results on Friday, Jul. 29, before market open. Consensus EPS estimate is $5.76 (+678.4% Y/Y) and consensus revenue estimate is $40.93B (+46.8% Y/Y). Over the last 2 years, PSX has beaten EPS estimates 75% of the ...

Chevron is set to grow production to 3.5+ million boe/d by 2026, an increase of ~400,000 boe/d as compared to the 3.1 million boe/d expected this year. Most of that growth will come from Chevron's legacy no- or low-royalty tier-1 position in the Permian Basin and from Tengiz expansion...

Enbridge is currently hitting on both cylinders: Demand and volumes are strong for both its Canadian oil sands pipelines and its U.S. nat gas pipelines (acquired from Spectra in 2017). Demand for Canadian oil sands product is very strong because demand for heavy oil to refine into die...

These days, everyone is looking for safety—and that’s got some folks pondering some pretty, er, unusual strategies that seem secure but are in fact anything but. One such strategy is known as dividend capture, which sounds like a way to bag a company’s ...