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Phillips 66 (PSX)

PSX on New York Consolidated

79.03USD
21 Feb 2017
Change (% chg)

$0.37 (+0.47%)
Prev Close
$78.66
Open
$79.08
Day's High
$79.39
Day's Low
$78.76
Volume
2,833,653
Avg. Vol
2,310,590
52-wk High
$90.87
52-wk Low
$73.67

Latest Key Developments (Source: Significant Developments)

Phillips 66 sets quarterly dividend of $0.63 per share
Friday, 7 Oct 2016 10:50am EDT 

Phillips 66 :Sets quarterly dividend of $0.63 per share.  Full Article

JPMorgan Chase signs Phillips 66 to accept Chase pay
Wednesday, 17 Aug 2016 09:05am EDT 

JPMorgan Chase & Co : JPMorgan chase signs Phillips 66 to accept Chase pay .Chase, Phillips 66 have signed multi-year agreement for Phillips 66 to accept Chase pay at Phillips 66, Conoco, 76 branded locations across U.S..  Full Article

Irving oil says reached agreement with Phillips 66 to acquire Whitegate refinery
Wednesday, 3 Aug 2016 07:00am EDT 

Irving Oil : Transaction is expected to close by end of q3 once all conditions of sale have been met . Reached an agreement with Phillips 66 to acquire its whitegate refinery located near cork, ireland .Upon closing, will assume full ownership of refinery, continue full operation of facility, including maintaining its existing workforce.  Full Article

Phillips 66 reports Q2 earnings of $0.93 per share
Friday, 29 Jul 2016 07:00am EDT 

Phillips 66 : Refining's adjusted earnings were $152 million in q2, compared with $86 million in q1 of 2016 . As of June 30, 2016, cash and cash equivalents were $2.2 billion and debt was $8.9 billion, including $1.1 billion of debt at Phillips 66 partners . In midstream, freeport LPG export terminal is nearing completion; project is on budget with startup expected by year-end . Increased quarterly dividend by 12.5 percent . Phillips 66 Reports Second Quarter earnings of $496 million or $0.93 per share . Q2 earnings per share $0.93 . Q2 adjusted earnings per share $0.94 . Q2 earnings per share view $0.93 -- Thomson Reuters I/B/E/S . Midstream's second-quarter adjusted earnings were $39 million, in line with q1 of 2016 . Chemicals' second-quarter earnings were $190 million, compared with $156 million in q1 of 2016 . Refining's second-quarter earnings were $149 million, compared with $86 million in q1 of 2016 . Cpchem's world-scale u.s. Gulf coast petrochemicals project is approximately 80 percent complete, with startup expected in h2 2017 . Bayway refinery is undergoing an FCC modernization to increase gasoline yield, expected in 2018 . Billings refinery is increasing its heavy Canadian crude run ability to 100 percent .Qtrly total revenue and other income $22.31 billion versus $29.08 billion.  Full Article

Phillips 66 sets quarterly dividend of $0.63/shr
Wednesday, 13 Jul 2016 12:50pm EDT 

Phillips 66 :Sets quarterly dividend of $0.63 per share.  Full Article

Phillips 66 Borger, Texas refinery reports emissions
Wednesday, 15 Jun 2016 09:26pm EDT 

Phillips 66 : Phillips 66 JV Borger, Texas, refinery reports a release of hydrofluoric acid to air at the alkylation unit exceeded 100 pounds . Phillips 66 JV Borger, Texas, refinery reports emissions from HF alkylation fugitives, unit 22 alkylation . Phillips 66 JV Borger, Texas, refinery reports leak was stopped Source: Texas Commission on Environment Quality filing [nEMN2NE7LD] Refinery capacity: 146,000 barrels per day (Reporting by Apeksha Nair) ((Apeksha.Nair@thomsonreuters.com; within U.S. +1 651 848 5832, outside U.S. +91 80 6749 6408/1298; Reuters Messaging: apeksha.nair.thomsonreuters.com@reuters.net)).  Full Article

Phillips 66 reports wet gas compressor restart at Borger, TX refinery
Tuesday, 14 Jun 2016 05:17pm EDT 

Phillips 66 : Phillips 66 JV Borger, Texas, refinery reports emissions from the GOHDS HC flare exceeded 500 lbs . Phillips 66 JV Borger, Texas, refinery reports coker wet gas compressor restarted . Source: Texas Commission on Environment Quality filing . Refinery capacity: 146,000 barrels per day (Reporting by Nallur Sethuraman in Bengaluru) ((Sethuraman.NR@thomsonreuters.com ;)(Within U.S. 1-651-848-5832, Outside U.S. +91 8067496031) (; Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net)).  Full Article

Berkshire Hathaway buys about 824,000 shares of Phillips 66
Monday, 23 May 2016 08:03pm EDT 

Phillips 66 :Berkshire Hathaway bought about 824,000 shares of Phillips 66 from 19 May to 23 May raises stake to 76.37 million shares - SEC filing.  Full Article

Phillips 66 reports emissions at Borger, TX refinery
Thursday, 19 May 2016 06:06pm EDT 

Phillips 66 : Phillips 66 JV Borger, Texas, refinery reports emissions from GOHDS HC Flare, unit 82 Amine Treater . Source: Texas Commission on Environment Quality filing [nEMN36GQWA] . Refinery capacity: 146,000 barrels per day The Borger refinery is a joint venture between Phillips 66 and Cenovus Energy Inc Further company coverage: [PSX.N] (Reporting by Swati Verma in Bengaluru) ((Swati.Verma@thomsonreuters.com; within U.S. +1 651 848 5832, outside U.S. +91 80 6749 6356/1298 ; Reuters Messaging: swati.verma.thomsonreuters.com@reuters.net)).  Full Article

Phillips 66 Company reports 60.8 pct active stake in Phillips 66 Partners LP
Thursday, 12 May 2016 09:37am EDT 

: Phillips 66 Company reports 60.8 pct active stake in Phillips 66 Partners LP as of May 10, 2016 - SEC filing . Phillips 66 company previously reported a 70.5 percent active stake in Phillips 66 Partners LP as of May 13, 2015 Source - http://1.usa.gov/1TRwCaD Source for previous stake - http://bit.ly/1YnHaiQ (Bengaluru Newsroom; +1 646 223 8780).  Full Article

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Fire hits California refinery; local gasoline prices could rise

An explosion and fire at an oil refinery in Torrance, California, on Saturday forced the partial shutdown of the plant, leading oil traders to expect a spike this week in West Coast gasoline prices.