As America celebrates its 250th anniversary, history favors stocks. The S&P 500 boasts a 10-year July win streak and a 3.5% average return. Looking to bounce back from a volatile June, market fundamentals remain strong, with analysts projecting S&P 500 earnings to grow by 24% in CY 2026. Gains could broaden beyond big tech, with eight sectors forecast to deliver double-digit earnings growth thi...
Phillips 66 CEO Mark Lashier said at the Reuters Global Energy Forum in New York on Wednesday that refining and petrochemical earnings face greater volatility due to uncertainty from disruptions in the Strait of Hormuz.
U.S. refiner Phillips 66 CEO Mark Lashier said on Tuesday it would take time for crude supplies to clear through the Strait of Hormuz, as uncertainty remains around a return to normal shipping activity.
HOUSTON, June 23, 2026 /PRNewswire/ -- Kanin Energy today announced plans to develop a 7-megawatt waste heat to power (WHP) facility at the Phillips 66 Mewbourn natural gas processing complex in Platteville, Colorado. The project represents an innovative collaboration that leverages industrial waste heat to generate onsite, baseload power, supporting plant reliability and long-term operational ...
Phillips 66 has navigated past material risks, such as the DAPL dispute, through strategic diversification. Current volatility, driven by geopolitical uncertainty like the Iranian situation, presents potential entry points for investors seeking value in PSX's diversified margin-driven model. PSX's commitment to an investment-grade credit rating underpins industry outperformance.
Refiner Phillips 66 said on Monday it would move ahead with the Zeus Gas Plant in the Permian Basin and a third Coastal Bend Fractionator in Texas, expanding its network to capture growing volumes of gas and natural gas liquids from the top U.S. shale field.
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