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Global financial markets, including Wall Street, are exhibiting mixed reactions to a fragile Middle East ceasefire, with investor sentiment also influenced by concerns over the Iran War's potential impact on global oil supply and the broader economic outlook.
Phillips 66 announced a $900 million loss in its first-quarter results, attributing the significant financial hit to the recent surge in oil prices.
Ahead of Phillips 66's first-quarter 2026 earnings release, market observers are outlining key expectations for the energy company's financial results.
Goldman Sachs has raised its price target for Phillips 66 (PSX) to $186 from $168, citing reasons for the optimistic outlook.
Brokered peace draws line under one of the activist hedge fund’s most bitterly fought recent campaigns
A mass-produced Phillips 66 map of the San Francisco Bay Area from the mid-20th century is believed to hold the key to solving the Zodiac Killer's Z32 code, potentially revealing one of America's darkest criminal secrets.
Phillips 66 and Citgo are reportedly seeking to buy crude oil directly from Venezuela, according to Reuters.
The CEO of Phillips 66 has stated that global oil supply will not quickly recover to normal levels following any potential conflict involving Iran. This indicates concerns about long-term market stability.
Phillips 66 is projected to incur losses approaching $1 billion, as rising oil prices, exacerbated by the ongoing Iran crisis, significantly impact the company's financial outlook.
Kinder Morgan and Phillips 66 have extended the open season for their proposed Western Gateway pipeline, indicating continued development for the project.
Royal Caribbean Cruises has achieved top growth factor grades among S&P consumer discretionary holdings, indicating strong performance metrics.
An analysis questions whether Phillips 66 stock is outperforming the Dow Jones Industrial Average.
Phillips 66 (PSX) is focused on navigating and capitalizing on opportunities within the dynamic energy markets.
Exclusive sources indicate that U.S. refiners Phillips 66 and Citgo are seeking to purchase crude oil directly from Venezuela.
Phillips 66 (PSX) is anticipated to benefit from an increase in crack spreads.
Phillips 66 has projected potential derivatives losses of up to $1 billion, attributing the forecast to rising oil prices.
Analysts have provided their expert insights and recommendations on specific energy companies, including Phillips 66 (PSX) and LandBridge Company LLC Class A (LB).
Phillips 66 has appointed two new directors to its board, a move aimed at averting a potential proxy battle with activist investor Elliott Management.
Multiple financial institutions have updated their ratings and price targets for various companies, including Wells Fargo raising Globe Life (GL) target, Bank of America downgrading Fox (FOX), KeyBanc raising Zoom (ZM) target, H.C. Wainwright raising United Therapeutics (UTHR) target, Bernstein upgrading Newmont (NEM), analysts maintaining a hold on PepsiCo (PEP), Truist raising BILL Holdings (BILL) target, Barclays reiterating a buy on Charles Schwab (SCHW), Barclays upgrading Etsy (ETSY) and Truist raising its target, Goldman Sachs cutting Pinterest (PINS) target and RBC downgrading shares, Wells Fargo maintaining a hold on Hewlett Packard Enterprise (HPE), UBS upgrading Southwest Airlines (LUV), Stifel raising Triple Flag Precious Metals (TFPM) target, Barclays raising Phillips 66 (PSX) target, and Veritas downgrading Suncor Energy (SU).
Telix Pharmaceuticals reported a GAAP EPS of -$2.11, missing estimates by $2.14, with revenue of $803.8 million also falling short by $22.79 million.