Save time and jump to the most important pieces.
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/17/2024 | $156.00 | Buy | BofA Securities |
9/11/2024 | $162.00 → $150.00 | Buy | TD Cowen |
7/31/2024 | $155.00 → $162.00 | Buy | TD Cowen |
7/18/2024 | Peer Perform | Wolfe Research | |
6/21/2024 | $164.00 → $155.00 | Buy | TD Cowen |
1/24/2024 | Buy | Citigroup | |
12/4/2023 | $134.00 → $150.00 | Outperform | TD Cowen |
10/31/2023 | $146.00 | Peer Perform → Outperform | Wolfe Research |
10-Q - Phillips 66 (0001534701) (Filer)
8-K - Phillips 66 (0001534701) (Filer)
8-K - Phillips 66 (0001534701) (Filer)
Reported third-quarter earnings of $346 million or $0.82 per share; adjusted earnings of $859 million or $2.04 per share Returned $1.3 billion to shareholders through dividends and share repurchases Achieved business transformation $1.4 billion run-rate savings target, including $1 per barrel Refining cost reduction Progressed asset dispositions totaling $2.7 billion toward $3 billion target, including recently executed agreements Phillips 66 (NYSE:PSX), a leading integrated downstream energy provider, announced third-quarter earnings. "Our employees continue to execute our strategic priorities, deliver strong operating performance and leverage the benefits of our differentiated d
Facility expects to cease operations in the fourth quarter of 2025 Company will work with the state of California to supply fuel markets and meet ongoing consumer demand Phillips 66 (NYSE:PSX) announced plans to cease operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet ongoing consumer demand. "We understand this decision has an impact on our employees, contractors and the broader community," said Mark Lashier, chairman and CEO of Phillips 66. "We will work to help and support them through this transition." Approximately 600 employees and 300 contractors currently operate the Los Angeles-a
Phillips 66 (NYSE:PSX) announced today that its subsidiary, Phillips 66 Limited, has entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG ("CMA") to its Swiss joint venture partner. It will receive cash of 1.06 billion Swiss francs (approximately $1.24 billion) consisting of a 1 billion Swiss franc sales price (approximately $1.17 billion) and an assumed dividend of 60 million Swiss francs (approximately $70 million) for financial year 2024 to be paid at or prior to closing. The sales price is subject to adjustment based on the amount of the dividend. "This transaction marks significant progress in delivering on our commitment of ove
Wolfe Research analyst Doug Leggate reinstates Phillips 66 (NYSE:PSX) with a Peer Perform.
Scotiabank analyst Paul Cheng maintains Phillips 66 (NYSE:PSX) with a Sector Outperform and lowers the price target from $156 to $145.
Investors with significant funds have taken a bearish position in Phillips 66 (NYSE:PSX), a development that retail traders should be aware of. This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in PSX usually indicates foreknowledge of upcoming events. Today, Benzinga's options scanner identified 8 options transactions for Phillips 66. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 37% being bullish and 62% bearish. Of all the options we discovered, 7 are puts, valued at $613,320, and there was a single call, w
Reported third-quarter earnings of $346 million or $0.82 per share; adjusted earnings of $859 million or $2.04 per share Returned $1.3 billion to shareholders through dividends and share repurchases Achieved business transformation $1.4 billion run-rate savings target, including $1 per barrel Refining cost reduction Progressed asset dispositions totaling $2.7 billion toward $3 billion target, including recently executed agreements Phillips 66 (NYSE:PSX), a leading integrated downstream energy provider, announced third-quarter earnings. "Our employees continue to execute our strategic priorities, deliver strong operating performance and leverage the benefits of our differentiated d
Facility expects to cease operations in the fourth quarter of 2025 Company will work with the state of California to supply fuel markets and meet ongoing consumer demand Phillips 66 (NYSE:PSX) announced plans to cease operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet ongoing consumer demand. "We understand this decision has an impact on our employees, contractors and the broader community," said Mark Lashier, chairman and CEO of Phillips 66. "We will work to help and support them through this transition." Approximately 600 employees and 300 contractors currently operate the Los Angeles-a
Phillips 66 (NYSE:PSX) announced today that its subsidiary, Phillips 66 Limited, has entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG ("CMA") to its Swiss joint venture partner. It will receive cash of 1.06 billion Swiss francs (approximately $1.24 billion) consisting of a 1 billion Swiss franc sales price (approximately $1.17 billion) and an assumed dividend of 60 million Swiss francs (approximately $70 million) for financial year 2024 to be paid at or prior to closing. The sales price is subject to adjustment based on the amount of the dividend. "This transaction marks significant progress in delivering on our commitment of ove
BofA Securities resumed coverage of Phillips 66 with a rating of Buy and set a new price target of $156.00
TD Cowen reiterated coverage of Phillips 66 with a rating of Buy and set a new price target of $150.00 from $162.00 previously
TD Cowen reiterated coverage of Phillips 66 with a rating of Buy and set a new price target of $162.00 from $155.00 previously
4 - Phillips 66 (0001534701) (Issuer)
4 - Phillips 66 (0001534701) (Issuer)
3 - Phillips 66 (0001534701) (Issuer)
4 - Phillips 66 (0001534701) (Issuer)
SC 13G/A - Phillips 66 (0001534701) (Subject)
SC 13G/A - Phillips 66 (0001534701) (Subject)
SC 13G/A - Phillips 66 (0001534701) (Subject)
The board of directors of Phillips 66 (NYSE:PSX) has appointed Grace Puma Whiteford to serve on the company's board, effective Oct. 10. She will serve on the Human Resources and Compensation Committee and the Public Policy and Sustainability Committee of the board. "Phillips 66 is pleased to welcome Grace to the board of directors as a highly qualified independent director. We will benefit from her broad experience in operations, procurement, and safety as well as her leadership and perspectives," said Mark Lashier, chairman and CEO. Puma Whiteford currently serves on the boards of Target Corporation and Organon & Co. and previously served on the board of Williams-Sonoma, Inc. Puma Whitef
Collaboration Aims to Fuel the Next Generation of Big 12 Athletes through Safer Sports Access KANSAS CITY, Mo., April 2, 2024 /PRNewswire/ -- Phillips 66® is proud to announce that they will be contributing $100,000 towards revamping the basketball courts in the Parade Park community in Kansas City, Mo. This year's Big 12 Basketball Tournament marked the 36th consecutive year Phillips 66® has served as a tournament partner and the 15th consecutive year the tournament has been held in Kansas City, with the Big 12 recently announcing the tournament will be held in Kansas City through 2031. The Parade Park project marks an elevated brand commitment to the local community and to accessibility to
Appointment Follows Constructive Dialogue with Elliott; Commitment to Add a Second Director The Board of Directors of Phillips 66 (NYSE:PSX) has appointed Robert W. Pease to serve on the board, effective immediately. Following the appointment, the board consists of 14 directors, 12 of whom are independent. In addition, Phillips 66 and Elliott Investment Management L.P. (together with its affiliates, "Elliott") have agreed to work together to identify a second mutually agreed director to be named over the coming months. "Phillips 66 is pleased to welcome Bob to the board. His demonstrated refining experience, leadership and energy expertise will add to the board's oversight of the compan