Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal - Yahoo Finance

We recently published a list of Jim Cramer is Watching These 8 Stocks. In this article, we are going to take a look at where Phillips 66 (NYSE:PSX) stands against other stocks that Jim …

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Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal - Yahoo Finance

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We recently published a list of Jim Cramer is Watching These 8 Stocks. In this article, we are going to take a look at where Phillips 66 (NYSE:PSX) stands against other stocks that Jim …

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Phillips 66 To Strengthen NGL Foothold With $2.2B EPIC NGL Deal

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Jan 7, 2025 · Phillips 66 PSX, a leading U.S.-based refining player, has announced a major acquisition involving the Ares-backed midstream business EPIC NGL.The company has …

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Phillips 66 (PSX) Stock Price, News, Quote & History - Yahoo Finance

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Phillips 66 (PSX) closed at $115.19 in the latest trading session, marking a +0.02% move from the prior day. Zacks • 13 days ago Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL …

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Phillips 66 (PSX) Increases Despite Market Slip: Here's What You …

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Dec 31, 2024 · Phillips 66 (PSX) closed at $113.93 in the latest trading session, marking a +1.73% move from the prior day. The stock's change was more than the S&P 500's daily loss …

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Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal - Statfolio

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Jan 15, 2025 · In the latest market close, Phillips 66 (PSX) reached $115.98, with a +1.8% movement compared to ... Zacks · via Yahoo Finance 13 Jan 2025 All It Takes Is $1,000 …

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Phillips 66 (PSX) Q3 2024 Earnings Call Highlights ... - Yahoo Finance

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Oct 30, 2024 · Midstream adjusted EBITDA increased to $3.7 billion on a trailing 12-month basis, despite weaker natural gas and NGL prices. Phillips 66 ( NYSE:PSX ) exceeded its $3 billion …

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Phillips 66 To Strengthen NGL Foothold With $2.2B EPIC NGL Deal

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Jan 7, 2025 · Phillips 66 (PSX Quick Quote PSX - Free Report) , a leading U.S.-based refining player, has announced a major acquisition involving the Ares-backed midstream business …

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Phillips 66 (PSX) Ascends But Remains Behind Market: Some Facts …

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Dec 23, 2024 · In the latest trading session, Phillips 66 (PSX) closed at $110.48, marking a +0.1% move from the previous day. The stock's change was less than the S&P 500's daily gain of …

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Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal – Here’s Why Jim …

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Jan 15, 2025 · Phillips 66 (NYSE:PSX) Number of Hedge Fund Holders: 39. Discussing Phillips 66 (NYSE:PSX) during the episode, Cramer said: “And listen, that’s not even an exhaustive list …

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Phillips 66 Optimizes Portfolio With $865M Pipeline Sale - Yahoo …

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Phillips 66 (PSX), the Houston-based oil giant, announced plans to sell its 25% stake in the Gulf Coast Express pipeline in Texas to an affiliate of ArcLight Capital Partners for $865 million, per ...

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Phillips 66 Reports Fourth-Quarter Results And Announces Next …

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Jan 31, 2025 · Fourth Quarter Reported fourth-quarter earnings of $8 million or $0.01 per share; adjusted loss of $61 million or $0.15 per share Earnings impacted by $230 million pre-tax of …

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Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal - MSN

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Phillips 66 (NYSE:PSX) Number of Hedge Fund Holders: 39. Discussing Phillips 66 (NYSE:PSX) during the episode, Cramer said: “And listen, that’s not even an exhaustive list of M&A activity …

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Phillips 66 Divests Non-Core Natural Gas Assets In Texas Deal

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Sep 4, 2024 · The sale aligns with Phillips 66’s previously announced plan to divest $3 billion in non-core assets in January 2024. The proceeds from these sales are intended to support the …

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FAQs about Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal - Yahoo Finance Coupon?

Who is Phillips 66 PSX?

Phillips 66 PSX, a leading U.S.-based refining player, has announced a major acquisition involving the Ares-backed midstream business EPIC NGL. The company has signed an agreement to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP in an all-cash transaction totaling $2.2 billion. ...

How much did Phillips 66 (PSX) reach?

Phillips 66 (PSX) reachead $110.48 at the closing of the latest trading day, reflecting a +0.1% change compared to its last close. ...

Will Phillips 66 (PSX) increase its capital program in 2025?

He added that the deal is expected to generate returns that exceed the company’s hurdle rates. Despite the acquisition, Phillips 66 (NYSE:PSX) does not expect to increase its 2025 capital program, even as EPIC NGL works to expand its pipeline capacity. Overall, PSX ranks 5th on our list of stocks that Jim Cramer is watching. ...

Is Phillips 66 (PSX) a good stock to buy?

Investors should also note Phillips 66's current valuation metrics, including its Forward P/E ratio of 14.69. For comparison, its industry has an average Forward P/E of 13.47, which means Phillips 66 is trading at a premium to the group. It's also important to note that PSX currently trades at a PEG ratio of 3.67. ...

How did Phillips 66 perform in 2024?

For the year, the company reported adjusted earnings of $2.4 billion or $6.15 per share. Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business. ...

How much money has Phillips 66 raised?

The company has already raised $2.7 billion through the sale of fuel terminals, pipelines and its stake in a Swiss retail joint venture. Phillips 66's CEO, Mark Lashier, emphasized the company's dedication to portfolio optimization and rationalization of non-core assets as part of its ongoing strategy. ...