Oil at 11-Month High as EIA Reports Big Inventory Draw
Nilanjan Choudhury - Zacks Investment Research - Thu Jun 09, 5:20PM CDT
Oil soared past $51 as U.S. supplies declined further and disruptions continued in Nigeria.
PSX: 78.80 (-1.27), VLO: 51.02 (-2.41), COP: 43.88 (-0.63), XOM: 90.59 (+0.61), HFC: 24.98 (-2.05), CVX: 102.10 (+0.12)
Oil Rises as Inventory Draw Outweighs OPEC Inaction
Nilanjan Choudhury - Zacks Investment Research - Fri Jun 03, 2:42PM CDT
Oil moved higher after EIA reported a drop in crude, gasoline and distillate stocks.
PSX: 78.80 (-1.27), VLO: 51.02 (-2.41), COP: 43.88 (-0.63), XOM: 90.59 (+0.61), HFC: 24.98 (-2.05), CVX: 102.10 (+0.12)
Surprise Build in Domestic Crude Supplies, Fuel Stocks Drop
Nilanjan Choudhury - Zacks Investment Research - Fri May 20, 11:43AM CDT
EIA data revealed a surprise increase in oil supplies, while gasoline and distillate inventories fell.
PSX: 78.80 (-1.27), VLO: 51.02 (-2.41), COP: 43.88 (-0.63), XOM: 90.59 (+0.61), HFC: 24.98 (-2.05), CVX: 102.10 (+0.12)
Phillips 66 Partners Announces Acquisition of Standish Pipeline and Remaining 75 Percent Interest in Sweeny Fractionator One and Clemens Caverns
BusinessWire - Wed May 04, 3:17PM CDT
--Expected to be immediately accretive to unitholders
PSX: 78.80 (-1.27), PSXP: 53.77 (-0.38)
Oil & Gas Stock Roundup: Halliburton-Baker Hughes Megadeal Falls Apart
Nilanjan Choudhury - Zacks Investment Research - Tue May 03, 2:12PM CDT
Amid stiff resistance from both antitrust agencies, oilfield services providers Halliburton (HAL) and Baker Hughes (BHI) called off their planned merger.
PSX: 78.80 (-1.27), RIG: 10.97 (+0.22), HAL: 44.28 (-0.10), COP: 43.88 (-0.63), XOM: 90.59 (+0.61), CVX: 102.10 (+0.12), BHI: 45.50 (-0.44)
Phillips 66 to Present at Citi Global Energy & Utilities Conference
BusinessWire - Tue May 03, 1:40PM CDT
Phillips 66 (NYSE: PSX) President Tim Taylor will speak to investors and securities analysts at the 2016 Citi Global Energy & Utilities Conference in Boston on Wednesday, May 11, 2016, at 10:15 a.m. EDT. Taylor will discuss execution of the company's strategy, including continued commitment to growth through disciplined and strategic capital allocation.
PSX: 78.80 (-1.27)
Markets Right Now: Stocks end slightly lower on Wall Street
AP - Fri Apr 29, 3:10PM CDT
NEW YORK (AP) — The Latest on global financial markets (all times local):
PSX: 78.80 (-1.27)
Phillips 66 (PSX) Q1 Earnings Miss, Revenues Beat Estimates
Zacks Equity Research - Zacks Investment Research - Fri Apr 29, 10:35AM CDT
Phillips 66 (PSX) posted adjusted first-quarter 2016 earnings of $0.67 per share missing the Zacks Consensus Estimate of $0.86.
SOL: 1.30 (unch), PSX: 78.80 (-1.27), BAK: 11.30 (-0.16), FF: 10.79 (+0.09)
Phillips 66 (PSX) Lags Q1 Earnings, Revenues Beat
Zacks Equity Research - Zacks Investment Research - Fri Apr 29, 7:04AM CDT
Phillips 66's earnings per share from continuing operations (excluding special items) came in at $0.67, below the Zacks Consensus Estimate of $0.86.
PSX: 78.80 (-1.27)
Phillips 66 misses 1Q profit forecasts
Automated Insights - Fri Apr 29, 6:21AM CDT
HOUSTON (AP) _ Phillips 66 (PSX) on Friday reported first-quarter profit of $385 million.
PSX: 78.80 (-1.27)
Phillips 66 Reports First-Quarter Earnings of $385 Million or $0.72 Per Share
BusinessWire - Fri Apr 29, 6:00AM CDT
--Highlights
PSX: 78.80 (-1.27)
Stock Market News for April 28, 2016
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 9:10AM CDT
Benchmarks finished mixed on Wednesday following an oil price rally, Fed’s policy statement and slump in tech stocks.
PSX: 78.80 (-1.27), EA: 74.24 (-1.04), XOM: 90.59 (+0.61), BA: 129.92 (-1.22), SLB: 77.64 (-0.89), PXD: 160.68 (+1.13), EOG: 81.39 (-0.17), GOOGL: 731.88 (-1.31), OXY: 75.25 (-0.20), CVX: 102.10 (+0.12), MSFT: 50.14 (-1.34), TWTR: 14.55 (+0.53), CMCSA: 62.39 (-0.41), AAPL: 97.34 (-1.49)
Peek Into Oil Refining Q1 Earnings This Week: PSX, MPC
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 8:08AM CDT
The business of the downstream players is negatively correlated with crude prices.
PSX: 78.80 (-1.27), VLO: 51.02 (-2.41), MPC: 33.96 (-2.44), ENLC: 14.81 (-0.39), C: 43.16 (-0.74), BHI: 45.50 (-0.44)
Will Phillips 66 (PSX) Disappoint This Earnings Season?
Zacks Equity Research - Zacks Investment Research - Tue Apr 26, 5:44PM CDT
Phillips 66 (PSX), an energy manufacturing and logistics company is expected to report first-quarter 2016 earnings on Apr 29.
PSX: 78.80 (-1.27), DO: 24.28 (-0.04), ESV: 10.46 (-0.07), CHK: 4.33 (-0.09)
Why You Shouldn't Worry About Delta Air Lines' Refinery Losses
Adam Levine-Weinberg, The Motley Fool - Motley Fool - Tue Apr 26, 7:35AM CDT
Four years ago, Delta Air Lines shocked analysts by buying an oil refinery from what soon became Phillips 66 . In the years since then, Delta's new Monroe Energy subsidiary has delivered mixed results. At times, it has posted strong profits, but...
PSX: 78.80 (-1.27), DAL: 40.57 (-1.47)
Rhode Island pension fund to push for corporate diversity
By MATT O'BRIEN - AP - Wed Apr 20, 2:34PM CDT
PROVIDENCE, R.I. (AP) — Rhode Island's $7.5 billion pension fund will vote "no" any time a company in which it invests nominates a slate of corporate board nominees that would cause fewer than 30 percent of directors to be women or racial minorities, the state's treasurer said Wednesday.
PSX: 78.80 (-1.27), HES: 57.49 (-0.21), HSY: 95.63 (-0.77), COP: 43.88 (-0.63), EMC: 27.67 (-0.04)
U.S. Southwest Region to Wrap Up $13 Billion in Projects in Second Quarter, an Industrial Info News Alert
Marketwired - Tue Apr 19, 5:30AM CDT
Researched by Industrial Info Resources (Sugar Land, Texas) -- The U.S. Southwest market region, which includes the states of Texas, Louisiana, Arkansas and Oklahoma, is on track to complete more than 400 projects with a combined total investment value of $13.09 billion from April through June of this year. Power projects, with more than $3.6 billion in planned completions, lead in terms of value, followed by Terminals and Oil & Gas Production.
PSX: 78.80 (-1.27), MWE: 41.53 (-3.49), SUNE: 0.34 (unch), CVX: 102.10 (+0.12)
U.S. Crude Stocks Up for 7th Week to Another Record
Nilanjan Choudhury - Zacks Investment Research - Fri Apr 01, 2:12PM CDT
U.S. crude inventories rose for a 7th straight week to reach another all-time high.
PSX: 78.80 (-1.27), VLO: 51.02 (-2.41), COP: 43.88 (-0.63), XOM: 90.59 (+0.61), HFC: 24.98 (-2.05), CVX: 102.10 (+0.12)
Phillips 66 to Host Annual Meeting of Shareholders
BusinessWire - Wed Mar 30, 8:43AM CDT
Phillips 66 (NYSE: PSX) will host its annual meeting of shareholders on Wednesday, May 4, at 9 a.m. CDT at the Houston Marriott Westchase, 2900 Briarpark Drive, Houston, TX 77042. Shareholders must present an admission ticket or proof of ownership of Phillips 66 stock, as well as valid picture identification, to be admitted.
PSX: 78.80 (-1.27)