Phillips 66 is a diversified energy manufacturing and logistics company that focuses on the refining, transportation, and marketing of petroleum products. The company operates a network of refineries that produce a wide range of fuels and petrochemical products, contributing to the energy supply chain. Additionally, Phillips 66 is involved in the development of midstream and downstream activities, including the transportation of crude oil and refined products through pipelines and terminals. The company's operations emphasize safety, reliability, and environmental stewardship as they meet the energy needs of their customers while fostering innovation in energy technologies. Read More
WTI crude fell below $100 Thursday on Iran ceasefire optimism — but the crack spread held above $41 a barrel. Six US refiners are posting war-era margins with cheaper feedstock and still trade at 7x–12x forward earnings. Phillips 66, Valero, PBF Energy, HF Sinclair, Par Pacific and Marathon Petroleum all report between April 29 and May 5.
As of April 9, 2026, the global energy landscape is undergoing a profound transformation. After years of focus on the "energy transition," the market has been gripped by a sudden and sharp return of the "energy shock premium." Geopolitical instability in the Middle East, coupled with the effective closure of key maritime corridors, has sent [...]
As the first quarter of 2026 draws to a close, energy giant Phillips 66 (NYSE: PSX) has sent shockwaves through the financial markets, announcing an estimated $900 million pre-tax mark-to-market loss on its commodity derivatives. The staggering figure, revealed in a preliminary financial update on April 7, 2026, highlights the
As of April 6, 2026, the American consumer is facing a stark reminder of the energy volatility of years past. The national average for a gallon of regular unleaded gasoline has officially surged past the $4.00 threshold, reaching $4.08 per gallon this week. This marks the first time
As of April 2, 2026, ConocoPhillips (NYSE: COP) stands as a titan of the global energy landscape, recently solidifying its position as the world’s largest independent exploration and production (E&P) company following the transformative integration of Marathon Oil. While the broader energy sector has navigated a volatile landscape of fluctuating commodity prices and shifting geopolitical [...]
As of April 2, 2026, Valero Energy Corporation (NYSE: VLO) stands at a critical juncture in the global energy landscape. Long regarded as the gold standard of independent refining, Valero has successfully navigated a decade of extreme volatility to emerge as a dual-threat powerhouse: a dominant force in traditional fossil fuel processing and a pioneer [...]
SACRAMENTO – As of April 1, 2026, California’s energy landscape is under intense scrutiny as the state’s primary energy regulator, the California Energy Commission (CEC), formally expands its investigation into potential gasoline price gouging. The move follows a month of unprecedented volatility in the global energy markets, spurred by
As of March 30, 2026, the American consumer is facing a staggering reality at the service station. The national average for regular unleaded gasoline has climbed to a historic high of $3.96 per gallon, a level that has sent shockwaves through the domestic economy and reignited fierce debates over
Shares of Valero Energy (NYSE: VLO) surged approximately 5.8% on March 26, 2026, reaching a new 52-week high of $248.39. This significant upward move followed a wave of bullish sentiment from top-tier Wall Street analysts, most notably Raymond James (NYSE: RJF) and Bank of America (NYSE: BAC), who
Top analysts change outlook for top names. Citigroup, Tigress Fin, Piper Sandler, Morgan Stanley, HC Wainwright, Susquehanna, Raymond James and Goldman Sachs adjust price targets for companies like Braze, Amazon, TELA Bio, Smithfield Foods, Corcept Therapeutics, TechnipFMC, Phillips 66, and KB Home. See all changes at benzinga.com/analyst-stock-ratings.
Phillips 66 (NYSE: PSX) and Kinder Morgan, Inc. (NYSE: KMI) today announced an extension of the second open season for the Western Gateway Pipeline (Western Gateway), a newly proposed refined products pipeline system. The second open season provided additional receipt points and deliveries into the Los Angeles market via Kinder Morgan’s SFPP Watson to Colton, California line.
As of March 23, 2026, the financial landscape has undergone a violent and systemic transformation. The era of "growth at any cost," which propelled mega-cap technology and communication services to dizzying heights over the last two years, has collided with a wall of geopolitical volatility and fiscal reality. In its
Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Wednesday, April 29, 2026, to discuss the company’s first-quarter 2026 financial results, which will be released earlier that day.
As of March 20, 2026, Chevron Corporation (NYSE: CVX) stands as a titan of industrial discipline in a global energy market defined by geopolitical friction and a massive shift in how power is consumed. Long regarded as the "Steady Eddie" of the Big Oil cohort, Chevron has recently transitioned from a period of high-stakes consolidation [...]
