U.S. refiner Phillips 66 was ordered to pay biofuel maker Propel Fuels $800 million in damages for stealing trade secrets to build up its renewable-fuel capabilities, according to a California state court document.
Phillips 66 (NYSE:PSX ) Q2 2025 Earnings Conference Call July 25, 2025 12:00 PM ET Company Participants & - Corporate Participant Brian M. Mandell - Executive Vice President of Marketing Commercial Donald A.
Phillips 66 (NYSE: PSX) is scheduled to announce its fiscal second-quarter earnings on Friday, July 25, 2025. Analysts expect the company to declare earnings of $1.75 per share with sales amounting to $32.1 billion.
Investors are expecting top U.S. refiners to report higher second-quarter profits, bouncing back from losses during the first three months of the year as unseasonably strong diesel margins boost earnings.
Phillips 66 offers a solid 3.9% dividend yield, robust cash flow, and a strong history of shareholder returns, making it an attractive value and income pick. Recent headwinds from turnaround activity are largely behind, setting the stage for a rebound in earnings and cash flow in upcoming quarters. Strategic expansion in the NGL value chain and the accretive EPIC acquisition position PSX to ben...
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