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Slammed by weakened fuel demand during the pandemic, shares of U.S. oil refiners are skyrocketing after Pfizer announced it had developed a COVID-19 vaccine that was more than 90% effective.[[VLO]] +31.4%, [[MPC]] +16.9%, [[PSX]] +23.8%, [[PBF]] +33.1%, [[CVI]] +31.5%, [[HFC]] +28.2%.Fuel dem...
Enbridge yields a safe and secure 8.5% in an era of near-zero interest rates and a 0.78% 10-year U.S. Treasury. Q3 results announced Friday morning were solid. The mainline is back at full-capacity; repair work on Texas Eastern's eastern leg has been completed and is back in service b...
Shares of leading refining companies Marathon Petroleum (NYSE: MPC) , Phillips 66 (NYSE: PSX) , and Valero (NYSE: VLO) rallied more than 10% by 10:15 a.m. EST on Monday. Fueling this rally was news that a vaccine candidate by pharmaceutical ...
As a result of eager investor anticipation of a new U.S. political configuration, the shares of risk assets have generally climbed during the past several trading days. The primary difference between the February-March 2020 correction and the current one is that this one is developing...
A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Challenger Highlights: Week Of November 8
Phillips 66 posted a break-even Q3 with a loss of a penny a share. Midstream, chemicals, and M&S propped up the refining segment, which remains in a state of depression. While the results show the benefits of management strategy to diversify away from refining, the company sti...
Market conditions in the refinery sector remained incredibly challenging during the third quarter, which was evident in Phillips 66 's (NYSE: PSX) earnings, or lack thereof. However, the oil refiner has offset some of that sector's challenges thanks to the dive...
Image source: The Motley Fool. Phillips 66 (NYSE: PSX) Q3 2020 Earnings Call Oct 30, 2020 , 12:00 p.m. ET Operator Continue reading For further details see: Phillips 66 (PSX) Q3 2020 Earnings Call Transcript
Phillips 66 (PSX) Q3 2020 Earnings Conference Call October 30, 2020 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Greg Garland - Chairman & Chief Executive Officer Kevin Mitchell - Executive Vice President & Chief Financial Officer Bob Herman - Exe...
The following slide deck was published by Phillips 66 in conjunction with their 2020 Q3 earnings call. For further details see: Phillips 66 2020 Q3 - Results - Earnings Call Presentation
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2024-07-21 08:45:00 ET In addition to being the most valuable U.S.-based energy company, ExxonMobil is a consistent dividend payer, with over 42 consecutive years of raising its payout . With a diversified business model and enough cash flow to invest in organic growth, acquisitions...