| 2024-11-15 | +0.89 % |
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| 2024-11-11 | +1.18 % |
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| 2024-11-01 | -1.49 % |
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| 2024-10-30 | -0.97 % |
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| 2024-10-29 | -4.36 % |
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| 2024-10-25 | -0.25 % |
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| 2024-10-23 | -1.76 % |
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| 2024-10-22 | +0.08 % |
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| 2024-10-21 | -0.97 % |
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| 2024-10-18 | -0.56 % |
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| 2024-10-17 | +0.79 % |
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| 2024-10-16 | +0.69 % |
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| 2024-10-15 | -2.97 % |
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| 2024-10-14 | -0.68 % |
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| 2024-10-11 | -0.05 % |
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| 2024-10-10 | +1.26 % |
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| 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.
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| 2024-10-08 | -4.45 % |
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| 2024-10-04 | -0.22 % |
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| 2024-10-03 | +3.32 % |
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| 2024-10-02 | +1.11 % |
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| 2024-10-01 | +1.17 % |
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| 2024-09-30 | +0.31 % |
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| 2024-09-27 | +0.28 % |
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| 2024-09-26 | +0.64 % |
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| 2024-09-25 | +0.29 % |
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| 2024-09-24 | -1.25 % |
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| 2024-09-20 | -1.95 % |
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| 2024-08-14 | +2.26 % |
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| 2024-08-09 | -0.01 % |
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| 2024-08-06 | +1.09 % |
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| 2024-08-02 | -5.1 % |
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| 2024-08-01 | -3.11 % |
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| 2024-07-31 | -1.15 % |
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| 2024-07-19 | +0.56 % |
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| 2024-07-15 | +1.03 % |
- The article discusses stocks with low price-to-sales ratios and highlights Phillips 66 (PSX) as a stock pick from a previous year that went up by 44.7%. Phillips 66 stock goes up due to the company's successful performance and market conditions.
- Summary: The article discusses investing in companies with strong revenue but low profits, highlighting stocks with low price-sales ratios like Pilgrims Pride, Wabash National, Bunge Global, Reinsurance Group of America, and PC Connection. It indicates that one year ago, Phillips 66 (PSX) was a notable success, climbing 44.7%.
Phillips 66 (PSX) stock may have gone up due to strong performance and potential factors like new management, new products, cost cutting, or overall improvement in company operations leading to increased investor confidence.
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| 2024-07-09 | -2.31 % |
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| 2024-07-03 | -0.07 % |
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| 2024-06-28 | +1.27 % |
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| 2024-06-25 | +1.22 % |
- The Phillips 66 (PSX) stock was up by 1.22% last night, and the article discusses violations of the STOCK Act by members of Congress, highlighting instances such as Rep. Rick Allen being late in reporting stock transactions involving Phillips 66 as one of the companies, and further insight into other members like Rep. Kelly Armstrong, Rep. Nanette Barragán, Rep. Ami Bera, Rep. Dan Bishop, and Sen. John Boozman failing to properly disclose financial transactions.
- The article discusses how the ownership structure of Phillips 66 (PSX) influences its stock price, highlighting the significant stake held by institutions such as The Vanguard Group, Inc. This large institutional ownership can impact the stock's performance as institutions make market moves that are closely monitored by retail investors, potentially leading to fluctuations in the stock price.
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| 2024-06-20 | +1.55 % |
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| 2024-06-18 | -1.05 % |
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| 2024-06-17 | +0.39 % |
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| 2024-06-14 | -0.66 % |
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| 2024-06-12 | -1.53 % |
- The article discusses concerns raised by U.S. oil refiners and West Coast traders regarding the quality of crude shipped on the newly expanded Trans Mountain pipeline, which has led to worries about high vapor pressure and acidity limits potentially affecting demand for Canadian heavy oil, resulting in Phillips 66 (PSX) stock decreasing in value by -1.53% last night. The drop in stock price might be attributed to the uncertainties surrounding the quality and compatibility of the Trans Mountain crude with West Coast refineries, as refiners may hesitate to invest in modifications to accommodate the unusual characteristics of the crude, given the existing regulatory hurdles and concerns about potential equipment damage or increased air pollution.
- The article discusses how the inclusion of U.S. WTI Midland crude in the global Dated Brent benchmark has impacted oil pricing and market dynamics, leading to increased liquidity and less volatility in the market, with an emphasis on how it has influenced trading activities of various companies. Phillips 66 (PSX) stock went down last night by -1.53%, likely due to factors such as changes in oil pricing dynamics, market sentiment, and broader economic conditions affecting the oil industry.
- This article discusses how the inclusion of U.S. WTI Midland crude from the Texas shale fields in the global Dated Brent benchmark has impacted global oil pricing, contributing to increased liquidity and stability in the market. The article does not specifically mention why Phillips 66 (PSX) stock went down last night, but generally, fluctuations in oil prices, market conditions, and company-specific factors can affect stock prices.
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| 2024-06-11 | +0.12 % |
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| 2024-06-10 | +0.04 % |
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| 2024-06-07 | -0.22 % |
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| 2024-06-06 | +0.71 % |
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| 2024-06-05 | +0.29 % |
- The article discusses Corre Partners Management's purchase of shares in TEAM Inc., a company specializing in repair services, along with recent developments within Team Inc. such as the appointment of a new director and non-compliance with NYSE listing standards, which may influence its market performance. The increase in Phillips 66 (PSX) stock may be due to positive developments within the company and investor confidence in its future prospects, possibly influenced by new director appointments, ongoing financial challenges, and efforts to enhance intrinsic value.
- The article discusses the upcoming creation of a Texas-based stock exchange, TXSE Group, with backing from BlackRock and Citadel, aiming to open in 2025, citing fewer regulations and more-favorable tax policies in Texas, which may attract large-cap companies like Phillips 66. As for why Phillips 66 stock went up by 0.29% last night, it could be due to general market fluctuations, positive news about the company, or investor sentiment.
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| 2024-06-04 | -1.4 % |
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| 2024-06-03 | -2.24 % |
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| 2024-05-30 | +0.14 % |
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| 2024-05-29 | -3.2 % |
- The article is about Justice Samuel Alito declining to step aside from two high-profile Supreme Court cases due to flags flown over his home that resembled those carried by Capitol rioters, with Alito stating his wife was responsible for the flags and his impartiality could not be questioned. Phillips 66 (PSX) stock went down because Justice Alito, who owns Phillips 66 stock, declined to participate in an appeal involving the company, citing potential conflict of interest.
- Phillips 66 (PSX) stock went down by -3.2% due to the announcement of ConocoPhillips acquiring Marathon Oil in an all-stock transaction, which deepens their portfolio and adds high-quality assets, leading to a merger that will create the largest independent producer of oil and gas in the United States and boosting ConocoPhillips' market cap to above $150 billion.
- The article discusses Justice Samuel Alito's decision not to recuse himself from two high-profile Supreme Court cases despite calls for recusal due to controversy over flags flying over his homes resembling those carried by Capitol rioters. The decline in Phillips 66(PSX) stock by -3.2% is due to the financial disclosure showing Justice Alito, who didn't take part in an appeal involving Phillips 66 last year, owns between $15,000 and $50,000 in company stock, which can lead to justices recusing themselves from cases involving companies they have financial interests in.
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| 2024-05-23 | -0.5 % |
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| 2024-05-22 | -0.86 % |
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| 2024-05-21 | -0.19 % |
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| 2024-05-20 | -1.81 % |
- Summary: Phillips 66 (PSX) announced the acquisition of Pinnacle Midland Parent LLC to expand its natural gas gathering and processing footprint in the Midland Basin, aligning with its wellhead-to-market strategy, with the transaction expected to close in mid-2024.
Reason for PSX stock going down: The decrease in Phillips 66 (PSX) stock price (-1.81%) could potentially be attributed to various factors, including market trends, overall industry performance, broader economic conditions, or specific company-related events. This particular acquisition news may not have had an immediate positive impact on the stock price due to market reactions or investor sentiment on the day of the announcement.
- The article discusses Phillips 66 acquiring Pinnacle Midland for $550 million in cash to enhance its natural gas operations in the Midland Basin, leading to a 1.81% decrease in Phillips 66 stock. The stock may have decreased due to market reactions to the acquisition, potential investor concerns, or broader market trends impacting energy sector stocks.
- The article discusses how major U.S. fuel makers, including Phillips 66 (PSX), Marathon Petroleum, and Valero Energy, have returned billions to their shareholders in the first quarter through stock repurchases and dividends despite softening refining margins. Phillips 66 stock went down recently, likely due to a decrease in refining margins from record highs, excess cash being used for shareholder returns instead of growth projects, and increased global refining capacity leading to lower fuel prices.
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