Phillips 66 (PSX) Business News

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Valero Energy, Marathon Petroleum, and Phillips 66 are three of the largest refining companies in the U.S. market. All three refiners reported impressive year-over-year earnings improvements in the first quarter of 2026.

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10:15 PM | Saturday | May 23, 2026

May-Sept. is Peak Driving Season in the U.S. Can Road Trips Move the Needle for These 3 Energy Stocks?

The Motley Fool

Valero Energy, Marathon Petroleum, and Phillips 66 are three of the largest refining companies in the U.S. market. All three refiners reported impressive year-over-year earnings improvements in the first quarter of 2026.

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10:15 PM | Saturday | May 23, 2026

May-Sept. is Peak Driving Season in the U.S. Can Road Trips Move the Needle for These 3 Energy Stocks?

The Motley Fool

Valero Energy, Marathon Petroleum, and Phillips 66 are three of the largest refining companies in the U.S. market. All three refiners reported impressive year-over-year earnings improvements in the first quarter of 2026.

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9:06 AM | Monday | May 18, 2026

Phillips 66 Plans Major Midstream Capacity Expansion

Benzinga

Phillips 66 (PSX) shares rise after announcing the Zeus Gas Plant and a new Coastal Bend fractionator to expand Permian gas capacity.

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7:47 AM | Monday | May 18, 2026

Phillips 66 to expand gas processing in Permian Basin and Gulf Coast

Reuters

Refiner Phillips 66 said on Monday it would move ahead with the ​Zeus Gas Plant in the Permian Basin and a ‌third Coastal Bend Fractionator in Texas, expanding its network to capture growing volumes of gas and natural gas liquids from the top U.S. shale field.

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7:00 AM | Monday | May 18, 2026

Phillips 66 announces Zeus Gas Plant and a third Coastal Bend Fractionator, advancing integrated wellhead-to-market strategy in the Permian and on the Gulf Coast

Business Wire

HOUSTON--(BUSINESS WIRE)--Phillips 66 today announced it is moving forward with the Zeus Gas Plant and a third Coastal Bend Fractionator.

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5:06 PM | Thursday | May 14, 2026

Phillips 66: Entering The Next Refining Up-Cycle

Seeking Alpha

Phillips 66 is rated Buy, with all business segments generating strong profits and benefiting from a favorable refining upcycle. PSX's operational improvements, supply rationalizations, and global inventory depletion position it for higher and more sustainable cash generation than previous cycles. Despite recent debt accumulation from commodity volatility, PSX expects normalization and plans to retire $8B in debt, targeting $17B net debt by 2027.

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2:00 PM | Wednesday | May 13, 2026

Phillips 66 Appoints Greg Hayes as Lead Independent Director

GuruFocus

Phillips 66 (NYSE: PSX) today announced that the Board of Directors has appointed Greg Hayes to serve as lead independent director, effective immediately. â€

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1:11 PM | Wednesday | May 13, 2026

Phillips 66 Appoints Greg Hayes as Lead Independent Director

Business Wire

HOUSTON--(BUSINESS WIRE)--Phillips 66 today announced that the Board of Directors has appointed Greg Hayes to serve as lead independent director, effective immediately.

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10:31 AM | Monday | May 11, 2026

Phillips 66 (PSX) Just Overtook the 50-Day Moving Average

Zacks Investment Research

Phillips 66 (PSX) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PSX broke through the 50-day moving average, which suggests a short-term bullish trend.

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10:14 PM | Saturday | May 9, 2026

Phillips 66: Markets Underappreciate The Durability Of Refining Profitability

Seeking Alpha

Phillips 66 is well-positioned for a significant windfall from elevated crack spreads driven by global supply disruptions and the Iran War. Refining margins surged to $10.11/barrel, with spreads near $60, potentially delivering $7B+ cumulative windfall through 2027, or ~$20/share. Operational improvements and cost reductions, alongside a 50% capital return policy, support robust shareholder returns and accelerated debt reduction.

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10:50 AM | Wednesday | May 6, 2026

Here's Why Phillips 66 (PSX) is a Strong Momentum Stock

Zacks Investment Research

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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