Phillips 66 Expects to Surpass Its $3 Billion Asset-Sale Target

Oct 29, 2024 · (Bloomberg) -- Phillips 66, the biggest US fuelmaker by market value, told …

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Phillips 66 Expects To Surpass Its $3 Billion Asset-Sale Target

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Oct 29, 2024 · (Bloomberg) -- Phillips 66, the biggest US fuelmaker by market value, told …

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Phillips 66 (PSX) Plans To Exceed $3 Billion In Asset Sales Amid

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Phillips 66 (PSX, Financial), the largest fuel manufacturer by market value in the U.S., …

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Phillips 66 Expects To Surpass $3B Asset Sale Target

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The $3 billion target is a floor, not a ceiling, according to Phillips 66 executives. Phillips 66, the …

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Phillips 66 Aims At $3 Bln Divestitures Target With Swiss Venture …

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Oct 14, 2024 · Phillips 66 will sell its 49% non-operated equity interest in Coop Mineraloel AG …

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Phillips 66 Expects To Surpass Its $3 Billion Asset-Sale Target

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Oct 29, 2024 · Phillips 66, the biggest US fuelmaker by market value, told investors Tuesday it …

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Phillips 66 Aims At $3 Billion Divestitures Target With Swiss …

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Oct 14, 2024 · Phillips 66 Aims at $3 Billion Divestitures Target With Swiss Venture Stake …

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Phillips 66 Stock: Sell-Off Creates Opportunity, Given Likely Q2 ...

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Recently, PSX sold its 25% stake in the Rex Pipeline for 10.2x EBITDA or a $1.3 billion …

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PSX - Phillips 66 Stock Price And Quote - FINVIZ.com

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Target Price: 144.31: Option/Short: Yes / Yes: LT Debt/Eq: 0.64: EPS Q/Q-82.53%: Payout: …

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Phillips 66 Expects To Surpass Its $3 Billion Asset-Sale Target

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Oct 29, 2024 · Phillips 66, the biggest US fuelmaker by market value, told investors Tuesday it …

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FAQs about Phillips 66 Expects to Surpass Its $3 Billion Asset-Sale Target Coupon?

Does Phillips 66 have a $3 billion target?

“We continue to evaluate all of our assets as part of our strategic priorities and ongoing portfolio optimization,” Chief Executive Officer Mark Lashier said during a third-quarter earnings call. The $3 billion target is a floor, not a ceiling, according to Phillips 66 executives. ...

How did Phillips 66 achieve its $3 billion asset disposition target?

Phillips 66 (NYSE:PSX) exceeded its $3 billion asset disposition target, with agreements to generate $2.7 billion in proceeds. The company successfully integrated DCP Midstream, achieving a $400 million synergy target, enhancing its midstream value chain. ...

How did Phillips 66 perform in 2022?

Phillips 66 (NYSE:PSX) returned $12.5 billion to shareholders through share repurchases and dividends since July 2022, nearing their $13 billion to $15 billion target. The company achieved its $1.4 billion business transformation cost reduction target ahead of schedule, indicating strong operational efficiency. ...

Is Phillips 66'S $3 billion target a floor or a ceiling?

The $3 billion target is a floor, not a ceiling, according to Phillips 66 executives. “We will continue to evaluate non-core assets and move forward with any dispositions that we view as favorable for us,” Chief Financial Officer Kevin Mitchell said. “So while we’ve announced $2.7 billion, less than half of that has actually been realized. ...

Why should you buy Phillips 66 (PSX)?

Phillips 66 (PSX) showcases robust shareholder returns, cost reductions, and strategic asset dispositions amid market challenges. ...

When did Phillips 66 (PSX) release its earnings call?

Release Date: October 29, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Phillips 66 (NYSE:PSX) returned $12.5 billion to shareholders through share repurchases and dividends since July 2022, nearing their $13 billion to $15 billion target. ...