The earnings of independent fuel makers Valero Energy, Marathon Petroleum and Phillips 66 are set to crush the near-record results of the June quarter.
HOUSTON--(BUSINESS WIRE)--Phillips 66 today announced that Rich Harbison, executive vice president, Refining, has decided to retire, effective Dec. 31, 2026.
Phillips 66 is using artificial intelligence to predict outages within its refining systems, save on maintenance costs and increase crude processing, said Tandra Perkins, an executive vice president at the US refiner.
The latest rebalance of VettaFi's Thematic Rotation Quality Momentum Screened Index (TQRMS), tracked by the NBI Thematic Rotation ETF (NTHM:TSX), reshapes the portfolio around a new set of themes. GLP-1 weight loss drug manufacturers and midstream energy join the index, while battery technology & storage and software-as-a-service (SaaS) exit.
The favorite energy stocks of hedge funds - including one with a projected 65% upside Europe is facing an energy crisis brought on by poor policy decisions, the phase-out of Russian natural gas and recent hot weather.
Top U.S. fuel makers boosted returns to shareholders in the second quarter as prolonged disruptions to crude supplies through the Strait of Hormuz sent fuel prices and refining margins surging.
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