Phillips 66 (PSX) Company Profile
Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining and marketing, and specialties businesses. The Company operates its business through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment includes its equity investment in DCP Midstream , LLC (DCP Midstream) and its investment in Phillips 66 Partners LP. The Midstream segment consists of three business lines: Transportation, DCP Midstream and NGL. The Midstream segment also transports crude oil and other feedstocks to refineries and other locations, and delivers refined and specialty products to market, and provides storage services for crude oil and petroleum products. The Chemical segment manufactures and markets petrochemicals and plastics. The refining segment buys, sells and refines crude oil and other feedstocks into petroleum products. The M&S segment purchases for resale and markets refined petroleum products.
News about PSX
Orleans Capital Management Corp Buys Chubb, Phillips 66, Hibernia Bancorp Inc, Sells Allstate Corp,
Investment company Orleans Capital Management Corp buys Chubb, Phillips 66, Hibernia Bancorp Inc, CVS Health Corp, Vulcan Materials Co, American Tower Corp, Goldman Sachs Group Inc, Amazon.com Inc, Whirlpool Corp, FLIR Systems Inc, sells Allstate Cor...Read More>>>
Hanson & Doremus Investment Management Has $921,000 Holdings in Phillips 66 (PSX)
Hanson & Doremus Investment Management cut its position in shares of Phillips 66 (NYSE:PSX) by 6.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,197 s...Read More>>>
Spectrum Pharmaceuticals: What The Q2 2018 Earnings Foretells?
Focus on buying these companies when they are out of favor; that is, when either because of general market condition or because the financial community at the moment has misconceptions of its true worth, the stock is selling at prices well under w...Read More>>>
GrafTech Is Repurchasing Stock After Making Restructuring Efforts
With Brookfield Asset Management Inc. (NYSE:BAM) selling 20 million shares of GrafTech International (NYSE:EAF), investors may believe that the shares are overvalued. However, research on the graphite electrode products shows that the stock returns c...Read More>>>
Phillips 66 (PSX) Given New $126.00 Price Target at Citigroup
Phillips 66 (NYSE:PSX) had its price objective increased by Citigroup from $124.00 to $126.00 in a research note published on Wednesday. Citigroup currently has a neutral rating on the oil and gas company’s stock. PSX has been the subject of se...Read More>>>