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Phillips 66 (PSX)

PSX on New York Consolidated

75.39USD
22 Jul 2016
Change (% chg)

$0.27 (+0.36%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Phillips 66 announces quarterly dividend
Friday, 9 Oct 2015 12:00pm EDT 

Phillips 66:Sets quarterly dividend of $0.56 per share.  Full Article

Phillips 66 says talks for Alliance refinery union contract ongoing - Reuters
Sunday, 30 Aug 2015 08:00pm EDT 

Phillips 66:Phillips 66 said on Aug.31, that talks were continuing with the United Steelworkers (USW) for a contract covering the union's workers at the company's refinery in Alliance, Louisiana - Reuters.Workers at the 247,000 barrel per day refinery, located 24 miles (38.5 kilometers) south of New Orleans, rejected a contract offer from Phillips 66 on Thursday - Reuters.The USW reached a national four-year agreement in mid-March with U.S. refinery owners after launching the largest strike by refinery and chemical plant workers in 35 years - Reuters.  Full Article

Phillips 66, Sunoco Logistics form joint venture to construct crude oil pipeline
Thursday, 30 Jul 2015 05:00pm EDT 

Phillips 66:Says joint venture will also launch an expansion open season for service to the market hub in st. james, Louisiana.Says Sunoco Logistics will be the operator of the system.Phillips 66 holds a 40 percent interest in the joint venture and Energy Transfer and Sunoco Logistics each hold a 30 percent interest.Says the binding expansion open season will commence in the third quarter of 2015.Construction underway on the nederland to lake charles segment of the pipeline, and expected to begin commercial operations in Q1 2016.Results of expansion open season to be used to determine size of pipeline to st. james,has forecasted in-service date of second half 2017.Companies will launch binding expansion open season to assess additional shipper interest in and around the st. james area.  Full Article

Phillips 66 announces quarterly dividend
Wednesday, 8 Jul 2015 12:00pm EDT 

Phillips 66:Declared a quarterly dividend of 56 cents per share on Phillips 66 common stock.Payable on Sept. 1.Record date as of Aug. 17.  Full Article

Phillips 66 announces quarterly dividend
Wednesday, 6 May 2015 01:20pm EDT 

Phillips 66:Declared a quarterly dividend of 56 cents per share on common stock, representing an increase of 12 pct from the prior quarter.The dividend is payable on June 1, to shareholders of record as of the close of business on May 18.  Full Article

Phillips 66 Partners LP to acquire Phillips 66's equity interests in 3 pipeline systems
Monday, 16 Feb 2015 04:45pm EST 

Phillips 66 Partners LP:Reaches agreement with Phillips 66 to acquire Phillips 66's interests in three pipeline systems.Acquisition includes one-third equity interests in limited liability companies that respectively own Sand Hills and Southern Hills natural gas liquids (NGL) pipeline systems, and 19.46 percent equity interest in Explorer Pipeline Company, owner of Explorer refined products pipeline system.In exchange, Phillips 66 will receive total consideration of $1.01 bln.Consisting of $880 mln in cash and 1,726,914 newly issued PSXP units, to be allocated between common units and general partner units in a proportion allowing the general partner to maintain its 2 percent general partner interest.Transaction is expected to be immediately accretive to the Partnership and its unitholders and is anticipated to close in early March 2015.Conflicts committee engaged Evercore Partners to act as its financial advisor and Vinson & Elkins, L.L.P. to act as its legal counsel.  Full Article

Phillips 66 announces quarterly dividend
Wednesday, 4 Feb 2015 12:36pm EST 

Phillips 66:Declares a quarterly dividend of 50 cents per share on Phillips 66 common stock.Dividend is payable on March 2, to shareholders of record as of the close of business on Feb. 17.  Full Article

Phillips 66 announces quarterly dividend
Wednesday, 1 Oct 2014 10:35am EDT 

Phillips 66:Declares a quarterly dividend of 50 cents per share on Phillips 66 common stock.Payable on Dec. 1 to shareholders of record as of the close of business on Nov. 14.  Full Article

BRIEF-Phillips 66 sets quarterly dividend of $0.63/shr

* Sets quarterly dividend of $0.63 per share Source text for Eikon: Further company coverage: