|Day Low/High||84.94 / 87.10|
|52 Wk Low/High||71.74 / 90.87|
Close out and roll recommendations on trades expiring Friday.
The San Antonio, Texas-based independent refiner will scoop up its across-the-state competitor by exchanging $4.1 billion worth of its shares and picking up $1.7 billion worth of debt.
Even the Oracle of Omaha can change his mind: Warren Buffett's conglomerate has moved back into airline stocks, with stakes in American, United Continental and Delta. Plus, what Cramer thinks.
Renewable energy players took a beating in pre-market trading Wednesday, while fossil fuels focused companies, which are not expected to be widely affected by a Trump presidency, were also slipping.
The S&P 500's Monday morning gains did not skip over oil and gas stocks, as Hillary Clinton's pragmatism might be just what the doctor ordered for a rebounding energy sector.
Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, announces third-quarter earnings of $511 million, compared with $496 million in the second quarter of 2016.
Analysts expect Phillips 66 (PSX) to report a year-over-year decrease in earnings and revenue for the 2016 third quarter.
Wall Street enters the thick of earnings reporting in week three of the season with heavyweights Apple and Alphabet on tap.
Here's your 'silver linings playbook' for what promises to be a nerve-wracking week of unpredictable politics, mixed corporate earnings and volatile energy prices.
A larger-than-expected crude oil stockpile drawdown saw the commodity soar to one-year highs Wednesday, and with it came an energy industry longing for a comeback.
If not for a market selloff caused by interest rate hike fears and lower commodity prices, the sponsor and its MLP may have done well today, but it won't last.
The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 63 cents per share on Phillips 66 common stock.
The board of directors of Phillips 66 (NYSE: PSX) has elected Denise L.
PSX has deleveraged to a great debt-to-equity position despite the status of the energy markets.
Goldman Sachs raised its rating on Phillips 66 (PSX) stock to 'neutral' on Friday.
The most recent short interest data has been released for the 09/15/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Cheap crude, high gasoline demand and the ability to export product bode well for downstream energy companies.
The Oracle of Omaha has been loading up on shares of this oil refiner, but the stock has been plateauing. What does he see that other investors don't?
Phillips 66 (NYSE: PSX) executive management will host a conference call webcast at noon EDT on Friday, Oct.
Phillips 66 continues to weather the oil price storm, making it a safe haven for energy investors who are gnashing their teeth.
Berkshire Hathaway (BRK.A, BRK.B) has raised its stake in Phillips 66 (PSX) to 15.4%.
Insiders at these companies have been scooping up shares of their own stock lately.
Here are Wednesday's top research calls, including upgrades for AK Steel, Mettler-Toledo, Pure Storage and Phillips 66.
Traders are seeing an opportunity in refiners, but data suggest margins could continue to be squeezed.
Traders are seeing an opportunity in refiners, but data suggest margins could continued to be squeezed.