Record US summer heat, hurricanes could roil fuel prices as oil refiners sweat [Yahoo! Finance Canada]
Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
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Source: Yahoo! Finance Canada
By Shariq Khan and Nicole Jao NEW YORK (Reuters) - A double whammy of record heat and hurricanes should test U.S. refiners' resilience in coming weeks, raising the risk of extremely volatile fuel prices in the middle of the peak travel season, analysts said. The Atlantic hurricane season from June through November is an annual threat for U.S. refineries. Half of the country's over 18-million-barrel-per-day refining capacity is located along the Gulf Coast, highly susceptible to tropical storms. The U.S. is the largest fuel market in the world. Refiners this year may have to brace for more storms than usual. Government forecasters expect up to seven major hurricanes in coming months, double the annual average of three major Atlantic hurricanes with wind speeds over 111 miles per hour. ADVERTISEMENT Citgo Petroleum Corp was cutting output at its 165,000 barrel-per-day Corpus Christi refinery on Saturday and plans to run the facility at minimum during Tropical Storm Beryl's pa
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News
- Schoox Honored in Training Industry's List of 'Top 20 LMS Companies' for a Third Consecutive YearPR Web
- How To Earn $500 A Month From Phillips 66 Stock Ahead Of Q3 Earnings [Yahoo! Finance]Yahoo! Finance
- Institutional investors are Phillips 66's (NYSE:PSX) biggest bettors and were rewarded after last week's US$1.9b market cap gain [Yahoo! Finance]Yahoo! Finance
- Phillips 66 (NYSE: PSX) had its price target lowered by analysts at JPMorgan Chase & Co. from $160.00 to $141.00. They now have an "overweight" rating on the stock.MarketBeat
- Phillips 66 (PSX) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
PSX
Earnings
- 7/30/24 - Beat
PSX
Sec Filings
- 10/2/24 - Form 4
- 10/1/24 - Form 8-K
- 9/11/24 - Form 8-K
- PSX's page on the SEC website