Welcome to our dedicated page for Phillips 66 news (Ticker: PSX), a resource for investors and traders seeking the latest updates and insights on Phillips 66 stock.
Phillips 66 reports news across its integrated downstream energy portfolio, including Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels. Company updates commonly address refining operations, NGL fractionation and LPG export capacity, refined-products logistics, chemical joint venture activity, renewable fuels, retail fuel marketing and completed asset additions such as the Lindsey Oil Refinery assets in the United Kingdom.
Recurring Phillips 66 announcements also cover quarterly results, dividend declarations, capital allocation, credit and liquidity updates, shareholder meetings, investor presentations, board governance and commercial developments tied to pipelines, terminals, storage, processing and fuel supply infrastructure.
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Phillips 66 (NYSE: PSX) will host a webcast at noon ET on May 3, 2023, to discuss its first-quarter 2023 financial results, which will be released earlier that day. This announcement emphasizes the company's commitment to transparency and engagement with investors. The event can be accessed via the Phillips 66 Investors site, with a replay available approximately two hours post-event. Phillips 66 operates in Midstream, Chemicals, Refining, and Marketing, contributing significantly to the global economy while focusing on energy reliability and safety.
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Phillips 66 (NYSE: PSX) will participate in the 51st Annual Scotia Howard Weil Energy Conference on March 7, 2023, at 9:30 a.m. ET. CEO Mark Lashier and VP Jeff Dietert will discuss the company's strategies for enhancing shareholder value and maintaining disciplined capital allocation. The webcast can be accessed via the Phillips 66 Investors site, with a replay available the following day. Phillips 66 operates in various sectors, including Midstream, Chemicals, and Refining, and is committed to delivering energy responsibly while pursuing lower-carbon initiatives.
On March 2, 2023, Richard Harbison and Jeff Dietert from Phillips 66 (NYSE: PSX) will engage in a fireside chat at the Bank of America Securities 2023 Refining Conference at 12 p.m. ET. They will outline the company's commitment to delivering shareholder value and advancing strategic initiatives while maintaining disciplined capital allocation. Investors can access the event via the Phillips 66 Investors site. A replay will be available the following day, with a transcript released later. Phillips 66, headquartered in Houston, focuses on producing energy solutions while aiming for a lower-carbon future.
The board of directors of Phillips 66 (NYSE: PSX) has announced a quarterly dividend of $1.05 per share, marking an 8% increase. This dividend will be paid on March 1, 2023, to shareholders on record by February 21, 2023. President and CEO Mark Lashier emphasized that rewarding shareholders through a competitive dividend is a company priority, with a history of 12 dividend increases since 2012, resulting in a 17% compound annual growth rate. The company aims to return between $10 billion and $12 billion to shareholders by the end of 2024 through dividends and a share repurchase program.