Transaction advances company’s wellhead-to-market strategy HOUSTON, May 20, 2024–(BUSINESS WIRE)–Phillips 66 (NYSE: PSX) announced today it has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle) from private equity firm Energy Spectrum Capital for cash consideration […]
March 26 (Reuters) – U.S. oil refiner Phillips 66 (PSX.N), is exploring a sale of its 25% stake in the Rockies Express Pipeline that it hopes could be worth more than $1 billion, including debt, people […]
ENB Pub Note: This is a total weaponization of the legal system for fraudulent reasons. Facts, fiscal responsibility and physics matter when dealing with the cost of energy. The city of Chicago filed a sprawling lawsuit against […]
Investing U.S. refiner and petrochemical manufacturer Phillips 66 (NYSE:PSX) is in active discussions for a sale of its non-core assets, Chief Executive Mark Lashier said on Thursday during an energy conference. Last year, the company […]
Oil Price Elliott Investment Management, an activist investment group, said on Wednesday it had amassed a $1-billion stake in one of the largest U.S. refiners, Phillips 66, and expressed dissatisfaction with the company’s underperformance in recent years. […]
Recent developments in the oil and gas industry have attracted the attention of investors around the world. One particular company, Phillips 66 (NYSE:PSX), has been in the spotlight after GW Henssler & Associates Ltd. decreased […]
National Bank of Canada FI lifted its stake in shares of Phillips 66 (NYSE:PSX – Get Rating) by 149.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund […]
Introduction Houston, Texas-based Phillips 66 (NYSE: NYSE:PSX) released its third quarter of 2022 on November 1, 2022. Also, on November 9, 2022, the company held its “investor day 2022,” unveiling PSX’s strategy. Phillips 66 expects to return […]
HOUSTON, Aug 17 (Reuters) – U.S. refiner Phillips 66 (PSX.N) on Wednesday offered to acquire the public shares of gas and natural gas liquids pipeline operator DCP Midstream (DCP.N) in a $7.2 billion deal. Canadian pipeline […]
Phillips 66 may idle a New Orleans-area refinery that suffered so much damage during Hurricane Ida that repairs may be too costly, according to people familiar with the operation. Chief Executive Officer Greg Garland is […]
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