Phillips 66 offers a 3.4% dividend yield and growth potential in EBITDA, making it a solid investment for passive income investors. The company is well-managed with a diversified downstream ...

Phillips 66 on Wednesday announced it plans to cease operations at its Los Angeles-based refinery near the end of 2025."With the long-term sustainability of our Los Angeles Refinery uncertain and ...

Phillips 66 CEO Mark Lashier cited "market dynamics" for the decision. The Los Angeles facility provides lower profits than other company oil processing plants, a spokesperson said. California ...

Mark Lashier; Chairman of the Board, President, Chief Executive Officer; Phillips 66 Kevin Mitchell; Chief Financial Officer, Executive Vice President; Phillips 66 Richard Harbison; Senior Vice ...

Refiner Phillips 66 said it would shut down a refinery in the vicinity of Los Angeles by the end of next year on what the AP called market concerns and Reuters cited the company’s chief ...

Phillips 66 announced Wednesday it will close its 650-acre oil refinery complex near the Port of Los Angeles by the fourth quarter of 2025, days after Gov. Gavin Newsom (D) signed a new law ...

Phillips 66 plans to close its refinery near the Port of Los Angeles in late 2025. The company’s announcement Wednesday follows Gov. Gavin Newsom’s signature of legislation implementing new ...

On October 16, 2024, a jury returned a verdict against Phillips 66 Company, a wholly owned subsidiary of Phillips 66 (NYSE:PSX), in a lawsuit brought by Propel Fuels Inc. In the lawsuit ...

Energy company Phillips 66 (PSX.N), opens new tab owes biofuel maker Propel Fuels $604.9 million in damages for stealing Propel's trade secrets to build up its renewable-fuel capabilities ...

Phillips 66 will close a refinery due to market dynamics as other major companies struggle with California’s tough policies for oil and gas. Update: Phillips 66 told the Houston Business Journal ...

Phillips 66 (PSX – Research Report), the Energy sector company, was revisited by a Wall Street analyst today. Analyst Roger Read from Wells Fargo maintained a Buy rating on the stock and has a $ ...