| 2025-02-13 | +0.4 % |
- Phillips 66 (PSX) stock rose by 0.4%, largely due to pressure from Elliott Management, which has taken a $2.5 billion stake in the company and is advocating for strategic changes, potentially increasing investor confidence in the stock's future performance.
- The article discusses Elliott Investment Management's push for BP Plc to implement significant cost cuts and divestments to enhance its market standing, which may positively influence investor sentiment towards Phillips 66 (PSX) stock, resulting in a 0.4% increase last night.
The increase in Phillips 66 (PSX) stock is likely due to investor confidence in the broader oil sector as Elliott's activism may stimulate operational improvements and shareholder value in companies like BP, which could have a ripple effect on other oil stocks, including Phillips 66.
- The article discusses Elliott Investment Management's push for BP Plc to implement significant cost cuts and divest non-core assets to enhance its valuation and shareholder returns, amid discussions on a potential strategy shift. Phillips 66 (PSX) stock likely rose due to favorable market conditions and general investor sentiment driven by restructuring efforts in the oil sector, indicated by Elliott's activism in BP, suggesting a shift towards improved operational efficiency and shareholder value in the industry.
|
| 2025-02-11 | +4.72 % |
|
| 2025-02-07 | -0.43 % |
|
| 2025-02-04 | +4.88 % |
|
| 2025-02-03 | -0.01 % |
|
| 2025-01-31 | -2.46 % |
|
| 2025-01-30 | -1.08 % |
|
| 2025-01-27 | +1 % |
|
| 2025-01-22 | -1.61 % |
|
| 2025-01-21 | -0.03 % |
|
| 2025-01-16 | +0.53 % |
|
| 2025-01-14 | +1.11 % |
|
| 2025-01-13 | +1.8 % |
|
| 2025-01-10 | -2 % |
|
| 2025-01-07 | +0.02 % |
|
| 2024-12-24 | +1 % |
|
| 2024-12-17 | -0.4 % |
|
| 2024-11-26 | +0.73 % |
|
| 2024-11-25 | +0.01 % |
|
| 2024-11-22 | +1.42 % |
|
| 2024-11-20 | +0.39 % |
|
| 2024-11-15 | +0.89 % |
|
| 2024-11-11 | +1.18 % |
|
| 2024-11-01 | -1.49 % |
|
| 2024-10-30 | -0.97 % |
|
| 2024-10-29 | -4.36 % |
|
| 2024-10-25 | -0.25 % |
|
| 2024-10-23 | -1.76 % |
|
| 2024-10-22 | +0.08 % |
|
| 2024-10-21 | -0.97 % |
|
| 2024-10-18 | -0.56 % |
|
| 2024-10-17 | +0.79 % |
|
| 2024-10-16 | +0.69 % |
|
| 2024-10-15 | -2.97 % |
|
| 2024-10-14 | -0.68 % |
|
| 2024-10-11 | -0.05 % |
|
| 2024-10-10 | +1.26 % |
|
| 2024-10-09 | +1.81 % |
- Phillips 66 (PSX) stock increased by 1.81% due to growing institutional investments, strong quarterly earnings that exceeded analysts' expectations, and positive ratings from various research firms regarding the company's future performance.
- Phillips 66 (PSX) stock rose by 1.81% amid recent adjustments in institutional holdings and mixed analyst ratings, with overall positive sentiment likely driven by strong quarterly earnings that exceeded expectations and an increase in revenue compared to the prior year.
- Phillips 66 (PSX) stock rose by 1.81% despite Wells Fargo & Company's reduction of its price target from $182.00 to $167.00, indicating that investor sentiment may still be positive regarding the company's overall performance.
- Phillips 66 (PSX) stock rose by 1.81% amid mixed analyst ratings and price target adjustments, with some firms maintaining an "overweight" rating suggesting potential upside, driven by optimistic quarterly earnings results that exceeded expectations.
The stock prices increased likely due to the positive quarterly earnings report, where Phillips 66 announced earnings per share that surpassed analysts' estimates, indicating strong financial performance and potential for future growth despite the targeted price reductions from some analysts.
- Phillips 66 (PSX) stock rose by 1.81% despite Diversified Trust Co reducing its holdings by 37.9% in the third quarter, indicating that other factors, possibly positive market sentiment or industry trends, contributed to the stock's increase.
|
| 2024-10-08 | -4.45 % |
|
| 2024-10-04 | -0.22 % |
|
| 2024-10-03 | +3.32 % |
|
| 2024-10-02 | +1.11 % |
|
| 2024-10-01 | +1.17 % |
|
| 2024-09-30 | +0.31 % |
|
| 2024-09-27 | +0.28 % |
|
| 2024-09-26 | +0.64 % |
|
| 2024-09-25 | +0.29 % |
|
| 2024-09-24 | -1.25 % |
|
| 2024-09-20 | -1.95 % |
|
