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Phillips 66 (PSX.N)

PSX.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Phillips 66 Sets Quarterly Dividend Of $0.80/Shr
Friday, 5 Oct 2018 

Oct 5 (Reuters) - Phillips 66 ::SETS QUARTERLY DIVIDEND OF $0.80 PER SHARE.  Full Article

Phillips 66 Increases Quarterly Dividend By 14 Pct To $0.80 Per Share
Wednesday, 9 May 2018 

May 9 (Reuters) - Phillips 66 ::ANNOUNCES INCREASE IN QUARTERLY DIVIDEND.INCREASES QUARTERLY DIVIDEND BY 14 PERCENT TO $0.80 PER SHARE.  Full Article

Phillips 66 Says Fuels Production At Borger, Texas Refinery Cut Due to Work
Monday, 23 Apr 2018 

April 23 (Reuters) - PHILLIPS 66 ::PHILLIPS 66 SAYS DUE TO MAINTENANCE AT BORGER, TEXAS REFINERY, FUELS PRODUCTION FROM REFINERY IS CURRENTLY LESS THAN DURING ORDINARY OPERATIONS.PHILLIPS 66 SAYS WORKING TO PROVIDE GASOLINE AND DIESEL FUEL IN AMARILLO, LUBBOCK AND ALBUQUERQUE AREAS.  Full Article

Phillips 66 Reports Emissions at Sweeny, Texas Refinery
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Phillips 66 ::SWEENY, TEXAS REFINERY REPORTS OPACITY COMS AT UNIT 27 FLUID CATALYTIC CRACKING UNIT (FCC) REGENERATOR EXHAUST STACK IS RECORDING OPACITY.SWEENY, TEXAS REFINERY REPORTS EMISSIONS FROM 27.1 REGEN FLUE GAS STACK.SWEENY, TEXAS REFINERY REPORTS OPERATIONAL CHANGES TO REDUCE OPACITY TAKEN.  Full Article

Phillips 66 Reports FCCU Emissions at Borger, Texas Refinery on Jan. 2
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Phillips 66 ::PHILLIPS 66 JV BORGER, TEXAS REFINERY REPORTS EMISSIONS FROM UNIT 40 FCCU, UNIT 40 FCCU STACK, UNIT 40 AIR BLOWER ON JAN. 2.PHILLIPS 66 JV BORGER, TEXAS REFINERY REPORTS EQUIPMENT WAS RESTARTED.  Full Article

Phillips 66 Says Co's President Tim Taylor Will Retire
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Phillips 66 ::PHILLIPS 66 SAYS CO'S PRESIDENT TIM TAYLOR WILL RETIRE AT THE END OF THIS YEAR.  Full Article

Phillips 66, Enbridge Announce Open Season For West Texas Crude Oil Pipeline System
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Phillips 66 ::PHILLIPS 66 AND ENBRIDGE ANNOUNCE OPEN SEASON FOR WEST TEXAS CRUDE OIL PIPELINE SYSTEM.PHILLIPS 66 - GRAY OAK PIPELINE IS EXPECTED TO HAVE AN INITIAL THROUGHPUT CAPACITY OF 385,000 BPD.PHILLIPS 66 - GRAY OAK PIPELINE SYSTEM IS ANTICIPATED TO BE PLACED IN SERVICE IN SECOND HALF OF 2019.PHILLIPS 66 - PHILLIPS 66 AND ENBRIDGE WILL EVALUATE EXPANSION OF GRAY OAK PIPELINE SYSTEM BEYOND 385,000 BPD.  Full Article

Phillips 66 Announces 2018 Capital Budget Of $2.3 Bln
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Phillips 66 ::PHILLIPS 66 ANNOUNCES 2018 CAPITAL PROGRAM.2018 CAPITAL BUDGET OF $2.3 BILLION, WHICH INCLUDES $1.4 BILLION OF GROWTH CAPITAL AND $0.9 BILLION OF SUSTAINING CAPITAL.SAYS LONG-TERM, CONTINUES TO TARGET RE-INVESTING 60 PERCENT OF ITS CASH FLOW BACK INTO BUSINESS & RETURNING 40 PERCENT TO ITS SHAREHOLDERS.  Full Article

Phillips 66 reports Q3 earnings per share $1.60
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Phillips 66 :Phillips 66 reports third-quarter earnings of $823 million or $1.60 per share.Q3 earnings per share $1.60.Q3 earnings per share view $1.57 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $1.66.Further reducing 2017 capital guidance​.Midstream's third-quarter earnings were $85 million, compared with $59 million in q2 of 2017​.Capital expenditures and investments for 2017 are expected to be approximately $2 billion​.Chemicals' third-quarter earnings were $121 million, compared with $196 million in q2 of 2017​.Capital expenditures and investments for 2018 are expected to be between $2 billion and $3 billion​.Phillips 66 says ‍refining's third-quarter earnings were $550 million, compared with $224 million in q2 of 2017.Phillips 66 says ‍announced new $3 billion share repurchase program​ in qtr ​.Phillips 66 says the $3 billion share repurchase program was announced earlier in october.  Full Article

Phillips 66 Sweeny, TX, refinery reports process unit upsets due to thunderstorm
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Phillips 66 :Sweeny, Texas, refinery reports feed pumps in unit 25.1 tripped offline during a thunderstorm, in turn affected other process units.Unit 25.1 is a 175,000 barrel per day crude unit as per IIR data available on Thomson Reuters Eikon .Sweeny, Texas, refinery reports affected equipment and units were restarted as soon as possible to minimize flaring.Sweeny, Texas, refinery reports emissions from coker flare, Unit 25.  Full Article

UPDATE 2-A third Washington refinery curbs operations after natgas pipe fire

Oct 11 Andeavor's Anacortes plant on Thursday joined a list of oil refineries in Washington state forced to shut or curb operations after natural gas supply to the facilities was disrupted by a pipeline fire in Canada on Tuesday.