Phillips 66 (PSX) Surges 11.1%: Is This an Indication of Further Gains? [Yahoo! Finance]

Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
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Source: Yahoo! Finance
This compares to the stock's 24.8% loss over the past four weeks. Investors are optimistic that an energy market downturn is unlikely, as the broader market has rebounded following President Donald Trump's decision to pause "reciprocal" tariff increases and apply a reduced 10% tariff rate for most countries over the next 90 days. Being a leading refiner, demand for Phillips 66's end products is likely to increase, aiding the stock price. This oil refiner is expected to post quarterly earnings of $1.03 per share in its upcoming report, which represents a year-over-year change of -45.8%. Revenues are expected to be $30.72 billion, down 15.7% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential
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PSX
News
- Phillips 66 (NYSE: PSX) had its price target lowered by analysts at Morgan Stanley from $140.00 to $122.00. They now have an "equal weight" rating on the stock.MarketBeat
- Independent Directors of Phillips 66 Issue Letter to Investors and Their Stewardship Teams [Yahoo! Finance]Yahoo! Finance
- Independent Directors of Phillips 66 Issue Letter to Investors and Their Stewardship TeamsBusiness Wire
- Restaurant Technologies Continues to Redefine Sustainability [Yahoo! Finance]Yahoo! Finance
- Elliott Releases Fourth Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Director Nominee Sigmund CorneliusPR Newswire
PSX
Earnings
- 1/31/25 - Beat
PSX
Sec Filings
- 4/24/25 - Form DEFA14A
- 4/24/25 - Form DFAN14A
- 4/23/25 - Form DFAN14A
- PSX's page on the SEC website