Latest News - Phillips 66

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Phillips 66

PSX | NYSE | United States
377
-79
Rank
$59.51B
Market Cap
$147.73B
+$ 0.34B
+0.23%
Revenue
$3.62B
-$ 6.77B
-65.16%
Earnings
13.2K
-0.8K
-5.71%
Employees
PBF Energy: Don't Get Trapped At The Top (Earnings Preview)

23.07.2026 08:40

PBF Energy hits record highs on crack spreads and disruptions.

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Global Refiners Are Cutting Out Oil Traders To Buy Venezuelan Crude Directly

23.07.2026 00:00

By selling directly to refiners and joint-venture partners, Venezuela captures higher realized prices while reshaping crude trading flows and Gulf Coast refining economics.

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Can Tight Fuel Markets Benefit Phillips 66's Refining Business?

16.07.2026 17:32

PSX benefits from tight fuel markets and elevated crack spreads that boost refining margins, while limited Middle East crude exposure helps cushion disruptions.

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Phillips 66 (PSX) Investors Should Brace For Volatility Amid Cheap Valuation

15.07.2026 13:46

Phillips 66 (NYSE:PSX) is one of the 8 Most Undervalued Growth Stocks to Buy for the Next 10 Years. Phillips 66 (NYSE:PSX) is one of the most undervalued growth stocks to buy for the next 10 years. On July 2, Wells Fargo analyst Sam Margolin maintained a Buy rating on the stock. The analyst also […]

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Renewed Middle East Tensions Threaten Supply: 3 Energy Stocks to Watch

13.07.2026 16:09

Renewed Middle East tensions tighten refined product markets, putting Valero Energy, Phillips 66 and Par Pacific in focus as refining margins climb.

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Raymond James Maintains Outperform on Phillips 66, Raises Price Target to $235

13.07.2026 09:56

Raymond James analyst Justin Jenkins maintains Phillips 66 (NYSE:PSX) with a Outperform and raises the price target from $218 to $235.

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Barclays Maintains Equal-Weight on Phillips 66, Raises Price Target to $183

09.07.2026 09:48

Barclays analyst Theresa Chen maintains Phillips 66 (NYSE:PSX) with a Equal-Weight and raises the price target from $177 to $183.

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Phillips 66 (PSX) Could Be 3% Undervalued After Oil Spiked On Middle East Tensions

09.07.2026 05:09

Crude oil prices jumped after President Trump declared the ceasefire with Iran over and the US launched strikes, and Phillips 66 (PSX) participated in the move as energy producers reacted to renewed supply concerns. See our latest analysis for Phillips 66. Beyond the immediate reaction to higher crude prices, Phillips 66 shares have built significant momentum, with a 1 day share price return of 5.02% adding to a 43.84% year to date share price return and a 5 year total shareholder return of...

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Phillips 66 (PSX) Stock Faces Higher Crude Costs After U.S. Strikes On Iran

09.07.2026 00:20

U.S. strikes against Iran have ended the ceasefire and pushed crude oil prices higher. Rising crude prices are materially affecting Phillips 66 (NYSE:PSX) and other energy producers. These developments are reshaping near term conditions for the oil and gas sector. Phillips 66 sits at the intersection of refining, midstream, chemicals, and marketing, so any sharp move in crude prices quickly feeds into its operating reality. The latest spike in oil prices comes on top of a sector already...

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Phillips 66 (PSX) Stock Looks Discounted On Earnings Despite A Premium Run

03.07.2026 13:16

Phillips 66 stock has logged a strong run over the past several years, and with the shares recently around US$176, the key tension for investors is whether that performance still lines up with what the current valuation checks are saying or if expectations are already baked in. Over the past 5 years Phillips 66 has returned about 164%, which puts the focus on whether the business can justify that kind of compounding from here. Recent news on higher refining margins and projects such as the...

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Oil Price Slide Points To Demand Destruction As Stagflationary Consumer Sentiment Persists Globally

01.07.2026 09:22

Crude oil slides on demand destruction as EVs and efficiency erode consumption.

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Shell Signs New Engineering Framework Agreement With Chiyoda

30.06.2026 12:51

SHEL signs a new agreement with Chiyoda to speed engineering support, improve project execution and strengthen delivery across global energy projects.

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Halliburton Teams Up With Shape Digital for AI Asset Management

30.06.2026 12:48

HAL teams with Shape Digital to unify subsurface and operational data, helping operators improve production planning, reliability, safety and efficiency.

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TechnipFMC Wins iEPCI Contract From Var Energi in the North Sea

26.06.2026 13:24

FTI lands a $500M-$1B North Sea iEPCI contract from Var Energi, boosting backlog and reinforcing its integrated subsea growth strategy.

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Transocean Stock Up 91% in a Year: Should Investors Buy or Hold?

22.06.2026 13:42

RIG boasts strong revenue visibility through its contract backlog and operational strength, though inflation, oil price volatility and elevated capex could limit near-term upside.

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Is Crescent Energy Company (CRGY) Stock Outpacing Its Oils-Energy Peers This Year?

22.06.2026 13:40

Here is how Crescent Energy (CRGY) and Phillips 66 (PSX) have performed compared to their sector so far this year.

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Petrobras to Build $1.2B BioQAV and Renewable Diesel Facility

22.06.2026 13:39

PBR backs a $1.2B renewable fuel plant in Brazil, aiming to produce bioQAV and renewable diesel by 2030 as it expands its lower-carbon strategy.

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Phillips 66 (PSX) Price Target Lifted at Morgan Stanley. Here is Why

21.06.2026 01:14

Phillips 66 (NYSE:PSX) is included among the 12 Best American Oil Stocks to Buy Now. Phillips 66 (NYSE:PSX) is a diversified and integrated downstream energy provider that manufactures, transports, and markets products. On June 12, Morgan Stanley analyst Joe Laetsch lifted the firm’s price target on Phillips 66 (NYSE:PSX) from $180 to $196, while keeping […]

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PBR to Resume UFN-III Fertilizer Plant Construction by September

19.06.2026 12:09

Petrobras revives its long-idled UFN-III project with a $1B investment, aiming to expand fertilizer output and reduce Brazil's import dependence.

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Phillips 66: A Reliable Growth And Income Play, But Geopolitical Uncertainty Remains

19.06.2026 02:33

Phillips 66 has navigated past material risks, such as the DAPL dispute, through strategic diversification. Find out why PSX stock is a strong buy.

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