PHILLIPS 66 (PSX) Stock News
NYSE:PSX - New York Stock Exchange, Inc. - US7185461040 - Common Stock - Currency: USD
PSX Latest News, Press Relases and Analysis
Wednesday's session: top gainers and losers in the S&P500 index
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Wednesday. Uncover the top gainers and losers in today's session for valuable insights.
Which S&P500 stocks are moving on Wednesday?
Get insights into the S&P500 index performance on Wednesday. Explore the top gainers and losers within the S&P500 index in today's session.
SOL Rebounds Toward $145 as 7 ETFs Advance and DeFi Dev Corp Eyes More SOL Purchases
SOL trims losses near $144 after DeFi Development Corp secures $5B equity line of credit and seven issuers revise S-1 filings at U.S. SEC’s request.
Charles Schwab reports May total client assets $10.35T
Charles Schwab (SCHW) released its monthly activity report. Company highlights for the month of May 2025 include: Core net new assets brought to the company by new and existing clients increased 13% versus May 2024 to reach $35B, a record for the month of May. Total client assets equaled $10.35T as of month-end May, up 12% from May 2024 and up 5% compared to April. New brokerage accounts opened during the month totaled 336,000 up 7% versus May 2024. Investor engagement remained strong, with May
Trump Plans Biofuel Quota Boost, Seeks to Crimp Foreign Supply
The Trump administration is proposing oil refiners blend more biofuels into gasoline and diesel next year while seeking to discourage the use of imported supplies.
Why Open Text, Fifth Third Bancorp, And Phillips 66 Are Winners For Passive Income
Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Open Text, Fifth Third Bancorp, and Phillips 66 have rewarded shareholders for years and recently announced dividend ...
Phillips 66 to announce second-quarter financial results
Jim Cramer on The Walt Disney Company: “I’d Like You to Buy More”
The Walt Disney Company (NYSE:DIS) is one of the 15 stocks that Jim Cramer recently talked about. Acknowledging that their investment in the stock did not make them money, a caller inquired if they should sell The Walt Disney Company (NYSE:DIS). In response, Cramer said: “No, no. I think Disney’s finally getting its feet right. […]
Phillips 66 to Speak at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference
California fuel imports hit four-year peak due to refinery outages
California's oil imports reached 279,000bpd in May, the highest mark since June 2021.
Will the New Licensing Requirement Impact ET's Export Volume to China
ET stock faces fresh risk from the U.S. export license rules that can disrupt its major ethane trade with China.
California fuel imports hit 4-year high amid refinery outages
NEW YORK (Reuters) -California's fuel imports rose to the highest in four years in May as refiners turned to historical trading partners in Asia and tapped some unusual routes to make up for shortages in the No.2 U.S. oil consumer state, according to shipping data and traders. The rise in shipments to California offers an early look at the future of the biggest gasoline and jet fuel markets in the U.S., which are expected to become more reliant on imports after Phillips 66 and Valero close two major refineries in the state by next year, amid growing regulatory and cost pressures, and declining demand for gasoline. "California's refining capacity is shrinking faster than its fuel demand is declining, forcing the state into a long-term import-dependent position," Kpler analyst Sumit Ritolia said.
Phillips 66 (PSX) Stock Moves -0.22%: What You Should Know
In the most recent trading session, Phillips 66 (PSX) closed at $112.23, indicating a -0.22% shift from the previous trading day.
Enterprise Products Announces Says U.S. U.S. to Reject Its Ethane Export License to China
According to Enterprise Products Partners L.P. (NYSE:EPD), the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce has sent out a notice of intent to refuse export licenses for three 2.2 million barrel ethane shipments to China. The business has twenty days to reply. The denials will be formalized if no updates […]
Why Is Marathon Petroleum (MPC) Up 8.5% Since Last Earnings Report?
Marathon Petroleum (MPC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Mentions: MPC
Why Lumen Technologies, Inc. (LUMN) Crashed On Wednesday
We recently published a list of Investors Are Dumping These 10 Stocks. In this article, we are going to take a look at where Lumen Technologies, Inc. (NYSE:LUMN) stands against other worst-performing stocks on Wednesday. Lumen Technologies dropped its share prices by 4.87 percent on Wednesday to close at $3.91 apiece after falling 33 spots in […]
4 Refining & Marketing Stocks to Watch as Margins Stay Tight
MPC, VLO, PSX and GLPEY stand out as stocks worth holding amid weak margins and headwinds in the Oil and Gas - Refining & Marketing industry.
Top S&P500 movers in Wednesday's after hours session
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top S&P500 gainers and losers in today's after hours session.
Phillips 66 (PSX) Suffered From An Overreaction After Elliot Victory, Says Jim Cramer
We recently published a list of Jim Cramer Says “We Have No Idea What’s Really Going To Happen” and Discusses These 12 Stocks. In this article, we are going to take a look at where Phillips 66 (NYSE:PSX) stands against other stocks that Jim Cramer discusses. Phillips 66 (NYSE:PSX) is a diversified American oil and […]
Honeywell to add Elliott's Marc Steinberg to board
Steinberg, a partner at Elliott who also serves on the board of Etsy and Pinterest, will become an independent director and audit committee member at Honeywell, effective May 31. Elliott became one of Honeywell's biggest investors when it took a $5 billion stake in November, pushing the industrial giant to split its business.
Bernstein Raises XPeng (XPEV) Target to $19 After 330% YoY Delivery Surge
Following the company’s Q1 release, a team of Bernstein analysts, led by Eunice Lee, raised their price target for XPeng Inc. (NYSE:XPEV) shares from $18 to $19 while maintaining a Market Perform on the stock on May 22. According to the firm, Xpeng’s Q2 guidance was consistent with the facelifts of the G6 and G9, […]
William Blair Maintains Optimistic View on Autodesk (ADSK)
On Friday, May 23, William Blair analyst Dylan Becker reiterated his Buy rating on Autodesk Inc. (NASDAQ:ADSK) stock, without a price target, following the company’s better-than-expected Q1 FY 2026 earnings results Dylan praised the company’s 16% revenue growth and 37% operating margin, which were ahead of consensus. In addition, EPS of $2.29 came in around […]
Morgan Stanley Stays Cautious on Phillips 66 (PSX) Due to Strategic Issues
On Thursday, May 22, Morgan Stanley analyst Joe Laetsch maintained a Hold rating on Phillips 66 (NYSE:PSX) stock with an unchanged price target of $122. His cautious view mainly stems from recent shareholder disagreements and execution concerns over the company’s financial targets. On May 21, Phillips 66 held its annual meeting of shareholders, where it […]
Goldman Sachs Considers Monster Beverage (MNST) A Highly Appealing Investment
On May 22, Goldman Sachs analyst Bonnie Herzog called Monster Beverage Corp. (NASDAQ:MNST) among the most appealing growth opportunities within the consumer staples sector. With that view, he reiterated a Buy rating with a price target of $67. The analyst estimates that the company will achieve an EPS of $1.86 for FY 2025, which indicates […]
Citizens JMP Initiates Core Scientific with an Outperform
On May 22, a Citizens JMP analyst initiated coverage of Core Scientific Inc. (NASDAQ:CORZ) with an Outperform rating and a price target of $15. The analyst based his optimistic outlook on Core Scientific’s existing infrastructure of low-cost and high-density mining facilities, which he believes could be leveraged to provide capacity for data centers. This will […]
Mizuho Maintains Outperform Rating on Arm Holdings (ARM)
On Thursday, May 22, Mizuho Securities reaffirmed an “Outperform” rating on Arm Holdings plc (NASDAQ:ARM) with a price target of $160. The decision came after investor meetings with the company’s Vice President of Investor Relations, Jeff Kvaal. According to Mizuho analysts, Arm Holdings plc (NASDAQ:ARM) is expected to grow steadily. The analysts forecast the company […]
50 Huge Companies That You’ve Never Heard of Before and Their Stock Prices
You may think you know all of the wealthiest multinational companies, from Walmart to Apple to Amazon. But you might be surprised at how many companies with tens of billions in annual revenue you've...
Here's Why Retain Strategy is Apt for Valero Energy Stock Now
VLO's steady payouts, $4.6 billion cash, and low debt support it amid weak margins and crude price volatility.
Phillips 66 (PSX) to Start Laying Off Los Angeles Refinery Workers in December, says report
Phillips 66 (NYSE:PSX) is likely to lay off most workers at its Los Angeles refinery in December, reported Reuters on Thursday, citing sources familiar with the matter. In October last year, the company announced plans to cease operations at the facility during the fourth quarter of 2025, with Chairman and CEO Mark Lashier citing ‘market […]
Jim Cramer on Micron Technology (MU): “There is a Trade Here, Not an Investment”
We recently published a list of Jim Cramer Discussed These 9 Stocks Recently. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against other stocks that Jim Cramer discussed recently A caller mentioned that Micron Technology, Inc. (NASDAQ:MU) is getting “a bit toppy” and asked what Cramer […]
CSX Corporation. (CSX) Sees Growth as 600+ New Projects Ride Domestic Manufacturing Wave
As U.S. manufacturing ramps up under new government incentives, CSX Corporation. (NASDAQ:CSX) is seeing a surge in industrial development. CEO Joe Hinrichs told CNBC that 37 new plants have opened along CSX’s rail network in 2024 alone, and the number of ongoing projects with companies has risen from 500 to 600. CSX Corporation. (NASDAQ:CSX) helps […]