‘It’s a tremendous opportunity.’ Developers see gold in closure of Phillips 66 oil refinery in South Bay
Potential replacements for the century-old refinery complex covering 650 acres include housing and last-mile distribution ...
bovnews5h
Phillips 66 (PSX) Posted 2.28% Profit Margin Last Year—Can It Hold Up?
On Wednesday, Phillips 66 (PSX) stock saw a modest uptick, ending the day at $129.91 which represents a slight increase of $2.21 or 1.73% from the prior close of $127.7. The stock opened at $ and ...
Yahoo28d
Phillips 66 to close oil refinery after Newsom law
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 ...
Reuters28d
Phillips 66 to shut oil refinery, end gasoline output in Los Angeles
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 ...
Memorial Hermann LifeFlight receives $1.5M in fuel from Phillips 66
Fuel donated by Houston-based Philips 66 (NYSE: PSX) will expand Memorial Hermann's LifeFlight service range by 100 miles, ...
kcra.com28d
Days after Newsom signs bill aimed at 'big oil,' Phillips 66 says it plans to stop operating refinery
The Phillips 66 refinery in the Los Angeles area is one of California's nine major oil refiners. Before Wednesday's announcement, lawmakers from both parties had expressed fears of the impacts of ...
Phillips 66 (PSX) Receives a Rating Update from a Top Analyst
In a report released today, Theresa Chen from Barclays maintained a Hold rating on Phillips 66 (PSX – Research Report), with a price ...
Crude Oil Prices28d
Phillips 66 to Close L.A. Refinery
For these prices, the governor and his government are blaming oil companies such as Phillips 66, accusing them of withholding supply in order to get higher prices for their products. The industry ...