| 2024-04-19 | +0.91 % |
- The article discusses various investment opportunities in the natural resources sector, highlighting companies like Kinetik Holdings Inc., iShares US Oil & Gas Exploration & Production ETF (IEO), and Royal Gold. Phillips 66 (PSX) stock went up due to positive news on the geopolitical, inflation, and supply/demand fronts in the commodities market.
- The article discusses how Phillips 66 (PSX) stock was up 0.91% last night, with SVB Wealth LLC and other hedge funds increasing their stakes in the company, and analysts predicting the stock to perform well citing good quarterly earnings results, dividend increases, and positive analyst ratings as reasons for the stock's rise.
- The article discusses how Phillips 66 (PSX) stock went up by 0.91% after Louisiana's pension funds supported climate-related proposals and voted in favor of ESG shareholder resolutions targeting fossil fuels and carbon, impacting the company's decisions and investor sentiment.
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| 2024-04-17 | -0.4 % |
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| 2024-04-15 | -1.03 % |
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| 2024-04-10 | -0.15 % |
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| 2024-04-05 | +0.04 % |
- The article discusses Piper Sandler's adjustment in price targets for refining stocks, including Marathon Petroleum, highlighting the sector's potential for medium-term earnings power and long-term upside. Phillips 66 (PSX) stock went up 0.04% due to analysts suggesting that current stock prices are largely accounting for projected "mid-cycle" earnings for 2025, considering ongoing share buybacks and estimated enterprise value.
- The article discusses how Phillips 66 (PSX) stock reached a new 52-week high after the company announced a dividend increase, with the stock trading up at $169.74, an increase of 0.04%, due to the newly announced dividend payout which represents a $1.15 dividend and a yield of 2.70%, leading to positive ratings and increased price targets by various research analysts.
- The article discusses how Piper Sandler updated its price target for Par Petroleum and other refiners, including Phillips 66 (PSX), in consideration of mid-cycle earnings power, ongoing share buybacks, and the potential for 2025 margins. The increase in Phillips 66 stock price may be due to Piper Sandler's optimistic long-term outlook on the sector, as well as the stock being seen as offering significant long-term upside potential compared to its peers.
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| 2024-04-04 | -1.18 % |
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| 2024-04-03 | +1.9 % |
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| 2024-04-02 | +3.77 % |
- Summary: Phillips 66 (PSX) stock rose by 3.77% last night, and the increase may be attributed to the company's announcement of contributing $100,000 towards revamping basketball courts in the Parade Park community in Kansas City, as part of a larger effort to revitalize the area.
Reason for Phillips 66 (PSX) stock increase: The positive impact of Phillips 66's community involvement and contribution to local sports facilities, such as the refurbishment of basketball courts in the Parade Park community in Kansas City, likely boosted investor confidence and contributed to the stock's rise.
- The article discusses the performance of various stocks, including Phillips 66 (PSX) which was up by 3.8% as oil and gas stocks rose due to heightened Middle East tensions, drone attacks, and the likelihood of OPEC+ production cuts, leading to increased crude oil futures.
- The Phillips 66 (PSX) stock rose by 3.77% last night due to a combination of rising geopolitical risks, supply disruptions in the oil market, anticipation of the OPEC monitoring meeting, and the continuation of tightness in refined products, which have led to higher oil prices and overall better performance in the energy sector.
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| 2024-04-01 | |
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| 2024-03-28 | +2.76 % |
- The article discusses how Blackston Financial Advisory Group LLC acquired a stake in Phillips 66 (PSX) and various other institutional investors also bought shares, leading to an overall increase in interest in the stock, which likely contributed to the 2.76% increase in PSX stock price.
- The article reports that Phillips 66 (PSX) stock was up by 2.76% last night, and the reason for the increase in the stock price could be due to positive market sentiment, company performance, industry news, or other factors affecting investor confidence in Phillips 66.
- The article reports that Phillips 66 (PSX) stock was up by 2.76% last night, driven by rising shares of energy companies, including major refiners like Phillips 66 and Valero, due to optimism about demand ahead of the summer driving season and seasonal gasoline price increases caused by severe weather and geopolitical disruptions, as well as positive developments like acquisitions and earnings growth in related sectors such as carbon-capture and ethanol production.
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| 2024-03-27 | +1.51 % |
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| 2024-03-26 | +0.09 % |
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| 2024-03-25 | -1.88 % |
- The article discusses AustralianSuper Pty Ltd buying a new stake in Phillips 66 (PSX) and recent institutional investments in the company, along with various analysts' ratings and insider transactions. The stock of Phillips 66 went down, likely due to the selling by company insiders and profit-taking following previous price hikes.
- The article discusses how Raymond James Financial Services Advisors Inc. reduced its stake in Phillips 66, causing the stock to drop by -1.88%. The decline in the stock price could be attributed to this reduction in ownership by institutional investors like Raymond James Financial Services Advisors Inc. and other hedge funds, which may have influenced market sentiment and created selling pressure on the stock.
- Summary: Tributary Capital Management LLC reduced its stake in Phillips 66 by 2.3% in the 4th quarter, leading to a -1.88% decrease in the stock's value, with several other institutional investors and hedge funds also making changes to their positions, while company insiders were involved in both purchasing and selling shares, which caused the stock to go down.
Reason for Phillips 66 (PSX) stock going down: The decrease in the stock's value can be attributed to the reduction in stake by Tributary Capital Management LLC and other institutional investors, along with transactions by company insiders involving both purchases and sales of shares, influencing market sentiment and impacting the stock price negatively.
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| 2024-03-22 | +0.23 % |
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| 2024-03-21 | +0.2 % |
- The article discusses Ziegler Capital Management LLC's reduction in its position in Phillips 66 (PSX) by 24.7% and the selling of shares by various institutional investors, such as Bornite Capital Management LP, Healthcare of Ontario Pension Plan Trust Fund, Synovus Financial Corp, Cibc World Market Inc., and Blair William & Co. IL, as well as insider selling. The stock of Phillips 66 (PSX) went up by 0.2%, and potential reasons for this increase could be attributed to institutional and insider buying activity, positive earnings results, and analyst recommendations.
- The article states that Phillips 66(PSX) stock went up by 0.2% as part of the trend in energy company stocks rising due to expectations of benefiting from looser monetary policy at major central banks worldwide, which includes the Swiss National Bank cutting rates and the Federal Reserve maintaining its target rate cuts, thus alleviating concerns regarding U.S. inflation rates.
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| 2024-03-20 | +1.13 % |
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| 2024-03-19 | +0.15 % |
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| 2024-03-14 | -0.06 % |
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| 2024-03-12 | +0.59 % |
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| 2024-03-06 | +0.46 % |
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| 2024-02-29 | +0.9 % |
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| 2024-02-27 | -2 % |
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| 2024-02-26 | +0.82 % |
- The article reports that Phillips 66 (PSX) stock was up by 0.82% last night, and it provides detailed financial results and performance analysis of CrossAmerica Partners LP, a wholesale fuels distributor and convenience store operator. The stock of Phillips 66 (PSX) likely went up due to the positive financial results and strategic execution of CrossAmerica, showing improved performance and strength in their business operations.
- The article discusses Phillips 66 stock, which was up by 0.82% last night, and highlights Parkside Financial Bank & Trust raising its stake in the company by 8.4% in the 3rd quarter, along with several other institutional investors buying and selling shares of the stock, leading to analysts giving various ratings such as "buy" and "outperform", ultimately affecting the stock's rise; meanwhile, recent insider selling activities were also noted, and the company recently reported quarterly earnings exceeding analysts' expectations.
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| 2024-02-23 | +0.33 % |
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| 2024-02-22 | +2.14 % |
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| 2024-02-21 | +1.71 % |
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| 2024-02-20 | -1.86 % |
- The article discusses Fmr LLC reducing its stake in Phillips 66 (PSX) by 7.2% during the 3rd quarter, resulting in a 1.86% decrease in the stock. The stock went down due to institutional investors, such as Fmr LLC, selling off their shares, with Fmr LLC owning around 0.86% of Phillips 66 worth $456,152,000 as of the latest SEC filing. Additional large investors bought and sold PSX shares, influencing the stock performance. Analysts have provided positive ratings for PSX stock, with a consensus rating of "Moderate Buy" and a consensus target price of $138.21, indicating a positive outlook on the stock. Lastly, company insiders have sold significant shares of PSX stock in recent transactions.
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| 2024-02-15 | +0.8 % |
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| 2024-02-14 | +0.03 % |
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| 2024-02-13 | +0.49 % |
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| 2024-02-12 | -0.83 % |
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| 2024-02-07 | +0.42 % |
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| 2024-02-05 | +1.22 % |
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| 2024-02-02 | -0.05 % |
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| 2024-01-31 | +1.33 % |
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| 2024-01-30 | +2.39 % |
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| 2024-01-29 | -0.81 % |
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| 2024-01-25 | +2.98 % |
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| 2024-01-22 | +0.44 % |
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| 2024-01-19 | +1.11 % |
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| 2024-01-11 | +0.67 % |
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| 2024-01-10 | -2.85 % |
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| 2024-01-09 | -0.48 % |
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| 2024-01-05 | -0.03 % |
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| 2024-01-04 | -0.35 % |
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| 2024-01-03 | +1.09 % |
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| 2023-12-27 | -0.75 % |
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| 2023-12-18 | +1.1 % |
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| 2023-12-15 | -0.18 % |
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| 2023-12-14 | +2.32 % |
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| 2023-12-13 | +1.55 % |
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| 2023-12-11 | +0.87 % |
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| 2023-12-08 | +0.56 % |
- Phillips 66 (PSX) announced a 2024 capital budget of $2.2 billion, with $923 million allocated to sustaining capital and $1.3 billion for growth capital, as part of their disciplined capital allocation strategy to advance strategic priorities. The stock went up as investors reacted positively to the company's plan to invest in its wellhead-to-market value chain, complete the Rodeo renewable fuels facility, and enhance refining performance, with the goal of returning $13 billion to $15 billion to shareholders by the end of 2024. The capital budget also includes investments in the marketing and specialties segment and corporate and other projects, while joint ventures are expected to spend $1 billion on capital expenditures.
- Phillips 66 (PSX) stock went up 0.56% last night, and the reason for the increase is not mentioned in the article.
- Phillips 66 (PSX) stock went up because the company announced a 2024 capital budget of $2.2 billion, which includes investments in their NGL wellhead-to-market value chain, completion of the Rodeo renewable fuels facility, and enhancements to refining performance, among other strategic priorities. Additionally, the company plans to return $13 billion to $15 billion to shareholders by year-end 2024.
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| 2023-12-07 | -0.3 % |
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| 2023-12-04 | -0.97 % |
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| 2023-12-01 | +0.63 % |
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| 2023-11-30 | +5.46 % |
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| 2023-11-29 | +3.58 % |
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| 2023-11-27 | -0.25 % |
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| 2023-11-17 | +2.5 % |
- The article discusses the recent increase in strikes and work stoppages across various industries in the United States, including the automotive, media, parcel delivery, airlines, manufacturing, consumer-retail, healthcare, cannabis, and energy sectors. The focus is on the negotiations and new contracts reached between unions and companies to address workers' demands for higher pay, improved benefits, and better working conditions. Specifically, it mentions that unionized workers at Phillips 66's refinery in Roxana, Illinois, recently ratified a contract, avoiding a potential strike. The article does not provide a clear explanation for why Phillips 66's stock went up by 2.5%.
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| 2023-11-16 | -1.7 % |
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| 2023-11-14 | +0.76 % |
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| 2023-11-08 | -1.8 % |
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| 2023-11-02 | +1.75 % |
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| 2023-11-01 | +1.77 % |
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| 2023-10-31 | +1.45 % |
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| 2023-10-30 | +1.36 % |
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| 2023-10-27 | +0.75 % |
- Phillips 66's (PSX) stock went up by 0.75% after the company's Chief Executive, Mark Lashier, stated that they plan to sell $3 billion in non-core assets in 2024.
- The article discusses the rebound of the overall Indian stock market, with the Sensex and Nifty indices rising more than 1% due to value buying in various sectors, including auto, IT, financial, and energy stocks, as well as better than expected quarterly financial results. The article does not mention specifically why Phillips 66 (PSX) stock went up.
- The Phillips 66 (PSX) stock went up by 0.75% last night due to value buying in the auto, IT, financial, and energy sectors, as well as positive quarterly financial results of corporates.
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| 2023-10-26 | -0.58 % |
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| 2023-10-23 | -0.43 % |
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| 2023-10-20 | -1.43 % |
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