Phillips 66 is a diversified energy company with strong Midstream and NGL growth, offering a compelling long-term investment case regardless of potential breakup. Activist Elliott Management is pushing for structural changes, but I see a full breakup as unlikely. Cost cuts and share repurchases are more probable outcomes. Phillips 66 boasts a robust 3.6% yield, fastest profit growth among peers...
The S&P 500 (SNPINDEX: ^GSPC) has staged an epic recovery and is now positive year to date as investors look past ongoing macro challenges and focus on long-term growth.
HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast at noon ET on Friday, July 25, 2025, to discuss second-quarter 2025 financial results.
HOUSTON--(BUSINESS WIRE)--Phillips 66 Chairman and CEO Mark Lashier will participate in a fireside chat at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference.
Phillips 66 is expected to lay off most workers at its 139,000-barrel-per-day Los Angeles-area refinery in December, sources familiar with the matter said on Thursday.
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