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Zacks News
Should You Invest in the iShares U.S. Oil Gas Exploration Production ETF (IEO)?
by Sweta Killa
Sector ETF report for IEO
Phillips 66's Bluewater Texas Project FID Many Months Away
by Zacks Equity Research
Phillips 66's (PSX) planned Bluewater Texas oil export terminal is likely to export 2 million barrels of oil a day.
Why Oil Prices Keep Rising When Supplies Are at Record Highs?
by Nilanjan Choudhury
U.S. oil prices rose to a three-month high, shrugging off a surprisingly large addition to crude stockpiles that took it to record levels.
Phillips 66 (PSX) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
Phillips 66 (PSX) closed at $84.33 in the latest trading session, marking a -1.56% move from the prior day.
Hollyfrontier to Slash CEO Pay by 10% Amid Coronavirus Havoc
by Zacks Equity Research
Hollyfrontier (HFC) plans a 10% cutback in the cash remuneration of its non-staff directors for the remaining year.
Phillips 66 (PSX) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Phillips 66 (PSX) closed at $78.83, marking a +0.73% move from the previous day.
Road Travel to Hold Sway This Summer Vacation: Stocks in View
by Sapna Bagaria
Resurgence in road driving during the forthcoming summer holidays will brings oil refiners and miners in the spotlight.
Phillips 66 (PSX) Up 7% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Phillips 66 (PSX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Here's Why You Should Hold on to Phillips 66 (PSX) Stock Now
by Zacks Equity Research
Phillips 66's (PSX) oil and gas pipeline network is likely to reach 24,000 miles by 2020. This in turn is likely to aid the company to deliver strong growth.
New Strong Sell Stocks for May 22nd
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
Oil & Gas Stock Roundup: Linde, Phillips 66 & Marathon Petroleum Report Q1 Earnings
by Nilanjan Choudhury
Linde plc (LIN), Phillips 66 (PSX) and Marathon Petroleum (MPC) reported better-than-expected March quarter bottom line numbers.
Stock Market News for May 5, 2020
by Zacks Equity Research
Benchmarks made a dramatic turnaround on Monday to end in the green following gains among tech and energy shares.
Phillips 66 (PSX) Q1 Earnings Beat on Midstream Performance
by Zacks Equity Research
Phillips 66's (PSX) first-quarter results are supported by higher realized marketing fuel margins in both the United States and international markets.
Phillips 66 (PSX) Q1 Earnings Surpass Estimates
by Zacks Equity Research
Phillips 66 (PSX) delivered earnings and revenue surprises of 61.90% and -3.63%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Phillips 66 (PSX) Gears Up for Q1 Earnings: What's in Store?
by Zacks Equity Research
Lower utilizations and refining profits are likely to reflect on Phillips 66's (PSX) first-quarter results. Nonetheless, higher midstream profits might have provided some support.
Phillips 66 (PSX) Earnings Expected to Grow: Should You Buy?
by Zacks Equity Research
Phillips 66 (PSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Phillips 66 (PSX) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Phillips 66 (PSX) closed at $61.07 in the latest trading session, marking a -0.8% move from the prior day.
HollyFrontier Cuts 2020 Capex View to Survive Oil Price Rout
by Zacks Equity Research
HollyFrontier's (HFC) Lubricants and Specialty Products segment is scrapping 2020 outlook for Rack Forward due to flagging global market demand.
BP Slashes Refining Rates in the U.S. as Demand Declines
by Zacks Equity Research
BP reduces production rates at its plants in Whiting, Cherry Point and Toledo.
Oil & Gas Stock Roundup: Operators Clamp Down on Capex to Combat Price Slump
by Nilanjan Choudhury
Driven by the ongoing trough in oil prices, Chevron (CVX), Equinor (EQNR) and Eni (E) made announcements on spending cuts.
Sunoco to Slash 2020 Capital Expenditure, Aims Cost Reduction
by Zacks Equity Research
Sunoco (SUN) is planning to curb growth capital expenditures for 2020 by more than 40% to $75 million.
Stock Market News for Mar 25, 2020
by Zacks Equity Research
U.S. stocks snapped back from the three-year lows on Tuesday, ending in the green after U.S. lawmakers said they will come to an agreement on a fiscal package to combat the economic impact of COVID-19.
Phillips 66 Cuts 2020 Capex, Halts Share Buybacks, Up 8.3%
by Zacks Equity Research
Phillips 66 (PSX) is likely to delay several midstream projects as crude production dries up due to the current low price environment.
ExxonMobil Curbs Baton Rouge Output Amid Weak Market Demand
by Zacks Equity Research
ExxonMobil's (XOM) number of contract workers in the Baton Rouge refinery is cut by 1,800 last Friday.
Zacks Industry Outlook Highlights: Murphy USA, Phillips 66, World Fuel Services and PBF Energy
by Zacks Equity Research
Zacks Industry Outlook Highlights: Murphy USA, Phillips 66, World Fuel Services and PBF Energy