Phillips 66(PSX)

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Newsom says GM's Mary Barra 'sold us out' on electric vehicle policies and federal subsidies
Fox Business· 2025-09-26 11:00
California Gov. Gavin Newsom blamed General Motors and CEO Mary Barra for the rollback of electric vehicle subsidies and other anti-EV measures advanced by the Trump administration and Republicans in Congress. Newsom was asked last week about the state of California's capacity to replace the federal EV subsidies that were ended by the Trump administration and said, "You're talking about the Biden-era tax credit that the Trump administration eliminated. We can't make up for federal vandalism of those tax cre ...
Trade Tracker: Josh Brown buys Phillips 66
Youtube· 2025-09-25 18:40
Okay, let's talk about a new buy first from Josh Brown. Uh PSX. Yeah.Philip 66. >> Yes. >> Tell me more.>> So, you were like on some sort of extended vacation earlier this week. Frank Holland uh >> uh Frank Holland and I had a had a conversation about uh energy stocks because nobody cares about energy, but there's a little bit of a stealth rally happening in a handful of names in the uh the XLE patch. Um PSX, I gave it a letter grade. I said it's it's still a C.Stock's been shaping up over the last couple o ...
Phillips 66 Expands Refining Capacity and Strengthens Dividend Outlook Following Q2 Beat
Insider Monkey· 2025-09-23 23:41
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and b ...
Josh Brown's best stocks in the market: Energy
Youtube· 2025-09-23 17:55
And we are back on halftime with Josh Brown's best stocks in the market. Josh, tossing it over to you. All right.Um, guys, as you all well know, rooting for the energy sector or being overweight energy in the modern era. It's a little bit like being a Jets Jets fan. Every once in a while, like they'll win a big game and everyone will look at each other and be like, "Are the Jets for real?" And then the next week you oh wait, no they're not.Um, and that's been the story with the sector. I don't like the sect ...
Global Markets React to Oil Supply Surge, Crypto Expansion, and Tech Earnings
Stock Market News· 2025-09-23 07:08
Key TakeawaysOil prices declined for a fifth consecutive session as Iraq and Kurdish authorities agreed to restart a key pipeline, poised to add 230,000 barrels per day to global supply amidst oversupply concerns.South Korean crypto exchange Bithumb has partnered with World Liberty Financial (WLFI), a DeFi project linked to the Trump family, for significant expansion into the robust South Korean market, despite initial WLFI token volatility.Raspberry Pi (RPI) reported stronger-than-expected first-half profi ...
$10 billion Citgo auction could finally end twisting saga of Venezeulan expropriation, imprisoned ex
Fortune· 2025-09-19 06:45
Founded 115 years ago in Oklahoma, Citgo Petroleum is a quintessentially American oil and gas brand. Except, of course, that it’s been quietly and entirely owned by Venezuela since 1990.Now, the decade-long legal saga over the fate of the Houston-based oil refiner could soon end through a drawn-out, legal auction to pay off creditors who lost oil assets, mining rights, and more when they were expropriated under Venezuela’s former socialist ruler, Hugo Chavez. The bidders do not include the usual suspects, s ...
Newsom Folds, Greenlights Domestic Oil Production In California
ZeroHedge· 2025-09-17 23:15
Authored by Beige Luciano-Adams via The Epoch Times,Amid California’s worsening affordability crisis and warnings of a 75-percent price increase at the gas pump, state legislators over the weekend sent a package of bills aimed at tackling energy costs, fuel supply, and pollution to Gov. Gavin Newsom’s desk.Newsom announced the deal with state lawmakers last week, and the two chambers extended their session through Saturday to finalize last-minute negotiations before the Legislature adjourns until January.“A ...
Can Phillips 66 Dethrone Valero Energy? A Seismic Acquisition Could Help The Company
Seeking Alpha· 2025-09-17 20:46
Just a few short years ago Phillips 66 (NYSE: PSX ) was known for its underperforming refining business. After working through several years of a turnaround process, the company has significantly driven down its operating cost perI am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate ...
Can Phillips 66 Dethrone Valero Energy? A Seismic Acquisition Could Help The Company Steal The Top Spot
Seeking Alpha· 2025-09-17 20:46
Just a few short years ago Phillips 66 (NYSE: PSX ) was known for its underperforming refining business. After working through several years of a turnaround process, the company has significantly driven down its operating cost perI am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate ...
Phillips 66 to announce third-quarter financial results
Businesswire· 2025-09-17 20:30
Sep 17, 2025 4:30 PM Eastern Daylight Time Phillips 66 to announce third-quarter financial results Share HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Wednesday, Oct. 29, 2025, to discuss the company's third-quarter 2025 financial results, which will be released earlier that day. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site, phillips66.com/investors. A replay of the webcast will be archived on t ...