Ramaco CEO to speak on US energy and critical minerals at Baker Botts Energy Summit
Ramaco Resources CEO Randall W. Atkins is scheduled to speak at the 10th Annual Energy Summit in Houston, focusing on the critical role of domestic critical mineral supply chains and Ramaco's Brook Mine project in Wyoming. Atkins will emphasize the connection between America's energy and mineral security and national economic security. This participation highlights Ramaco's commitment to advancing US energy and mineral independence.
OKE - Permian Expansions And LPG Exports Will Support Long-Term Upside Potential
ONEOK's long-term upside is driven by Permian Basin expansions, specifically the Brazos Midland acquisition and Cassidy II plant, alongside increased LPG exports through the Texas City joint venture. Analysts predict sustained earnings and cash flow growth, with a fair value of $101.50, citing the company's integrated midstream platform and extended cash tax runway to 2031. However, potential risks include lower earnings from the Natural Gas Pipelines segment and shifts in NGL product mix.
Exxon, Suncor bid to block climate suits at U.S. Supreme Court
Exxon Mobil Corp. and Suncor Energy Inc. are asking the U.S. Supreme Court to dismiss a lawsuit filed by Boulder, Colorado, which seeks to hold oil companies accountable for climate change. This case is seen as a test for similar lawsuits across the country, potentially shielding oil and gas companies from billions of dollars in claims. The Supreme Court's decision could significantly impact climate accountability litigation, especially as the court's conservative majority has previously limited federal agencies' power to regulate emissions.
Phillips 66 Announces Refining Leadership Transition
Phillips 66 (NYSE: PSX) announced that Rich Harbison, executive vice president, Refining, will retire on December 31, 2026. Chris Chandler, with over 30 years of energy industry experience, will join Phillips 66 as strategic advisor to the CEO on October 6, 2026, and will assume the role of executive vice president, Refining, on January 1, 2027.
Phillips 66 Announces Refining Leadership Transition
Phillips 66 announced that Rich Harbison, executive vice president of Refining, will retire on December 31, 2026. Chris Chandler will join the company as a strategic advisor to the CEO on October 6, 2026, and will assume the role of executive vice president, Refining, on January 1, 2027. Chandler brings over 30 years of energy industry experience, including previous leadership roles at Phillips 66.
Is Phillips 66 Stock a Buy at Elevated Valuation Levels?
Phillips 66 (PSX) is currently trading at an elevated valuation compared to its industry peers, but its strong fundamentals, diversified business model in midstream and chemicals, and focus on debt reduction may justify this premium. The company is expected to benefit from high refining margins due to global refinery shortages. Despite underperforming the industry in the past year, analysts have revised 2026 earnings estimates higher, leading to a Zacks Rank #1 (Strong Buy) recommendation.
Phillips 66 Names Chris Chandler Refining Chief as Rich Harbison Retires
Phillips 66 has appointed Chris Chandler as its new executive vice president of Refining, succeeding Rich Harbison, who is set to retire at the end of 2026. Chandler will join as a strategic advisor in October 2026 and assume his new role on January 1, 2027, allowing for a smooth transition period. He brings over 30 years of energy industry experience, including previous leadership roles at Phillips 66 and as COO of Plains All American.
Bayway workers authorize strike: Phillips 66 stock sits 4.53 percent below high
Workers at Phillips 66's Bayway Refinery have authorized a strike with a 92.00 percent majority, posing a potential risk to the company's operations. This comes as Phillips 66 reported strong second-quarter earnings, with revenue up 55.30 percent, and analysts have raised price targets for the stock. Despite the positive financial performance, the strike authorization introduces uncertainty, as the stock is currently trading 4.53 percent below its yearly high.
Phillips 66 Announces Refining Leadership Transition
Phillips 66 announced that Rich Harbison, executive vice president of Refining, will retire on December 31, 2026. Chris Chandler will join the company as strategic advisor to the CEO on October 6, 2026, and will assume the role of executive vice president, Refining, on January 1, 2027. Chandler brings over 30 years of experience in the energy industry, including previous leadership roles at Phillips 66 and as chief operating officer of Plains All American.
Phillips 66 (PSX) Faces Bayway Strike Risk, Is The Stock Fully Priced?
Phillips 66 (PSX) is facing a potential strike at its Bayway Refinery, yet its stock has seen significant gains. While analysts generally consider PSX overvalued at $264.58 compared to a narrative fair value of $251.95, Simply Wall St's DCF model suggests a much higher intrinsic value of $497.99, raising questions about whether the market is accurately pricing the company amidst labor concerns. The article highlights the discrepancy between market price and various valuation models and advises investors to consider both rewards and warning signs.
Valero (VLO) vs Phillips 66 (PSX): Which is a Better Stock to Buy?
This article compares Valero (VLO) and Phillips 66 (PSX), two major oil refiners, to determine which is a better investment. Valero is highlighted for its better operating performance, higher free cash flow, and lower debt, making it appear as the superior stock. However, Phillips 66 offers a higher dividend yield, trades at a lower earnings multiple, and has diversified operations in midstream and chemicals, which do not depend solely on refining spreads.
Valero (VLO) vs Phillips 66 (PSX): Which is a Better Stock to Buy?
This article compares Valero (VLO) and Phillips 66 (PSX), two crude oil refiners, to determine which is a better investment. It concludes that Valero is superior due to higher operating profit, free cash flow, and lower debt, despite Phillips 66 offering a higher dividend yield and trading at a lower earnings multiple. The analysis emphasizes that refining margins are not a moat for either company and that the midstream/chemicals business of Phillips 66 offers diversification.
Phillips 66 stock heads into October 28 results with Q2 strength
Phillips 66 stock is heading into its third-quarter report on October 28, 2026, after a strong second quarter where revenue increased by 55.3% year-over-year to USD 52.04 billion and net income rose by 338.7% to USD 3.85 billion. The refining segment was a major contributor to these earnings. Despite a "Buy" consensus from analysts, the average price target of USD 257.16 is currently below the stock's last traded price of USD 264.58, setting a higher bar for the upcoming results.
Phillips 66 stock trades at USD 264.58 as Goldman lifts target
Goldman Sachs has increased its price target for Phillips 66 to $274, maintaining a Neutral rating, following strong Q2 earnings where adjusted EPS significantly surpassed consensus. The stock traded at $264.58 on October 2, 2026, positioning the new target 3.6% above its current price. Phillips 66's next earnings report is scheduled for October 28, 2026, which will reveal if the earnings surge extends beyond its refining segment.
Phillips 66 rated Buy on strong refining earnin...
Phillips 66 (PSX) has received a "Buy" rating due to strong refining earnings driven by a global capacity gap and significant debt reduction efforts. The company is projected to earn $27.3 billion after tax over the next four years, allowing for capital returns to shareholders through buybacks and dividends. Despite a 90% share price increase, the stock is considered reasonably valued at 15 times earnings, with potential for further growth.
Phillips 66 Stock: Earnings Conditions Look To Be Structural, Rather Than Cyclical (PSX)
Phillips 66 (PSX) is rated a Buy, with its strong earnings driven by a structural global refining capacity gap. The company is projected to have significant after-tax earnings over the next four years, primarily from its refining segment. PSX is also on track to reduce debt ahead of schedule, allowing for substantial capital returns through buybacks and dividends, making its current valuation compelling despite recent share price appreciation.
35M in public funds frozen as Police Jury rejects major industry tax challenges
The Calcasieu Parish Police Jury denied property tax assessment appeals from Phillips 66 and Venture Global, upholding Parish Assessor Wendy Aguillard's valuations. This decision leaves $35 million in contested tax revenue frozen for various parish entities, including the Police Jury itself, the school board, and the sheriff's department. Both companies argued for reductions, with Phillips 66 disputing its valuation for the fifth consecutive year and Venture Global arguing that its equipment is not yet functional.
BMO Capital Adjusts Phillips 66 Price Target to $340 From $310, Maintains Outperform Rating
BMO Capital has raised its price target for Phillips 66 (PSX) to $340 from $310, while reiterating an "Outperform" rating on the stock. This adjustment comes amidst other analyst actions on the energy company, including Goldman Sachs and TD Cowen also revising their price targets for Phillips 66. The article also provides an overview of Phillips 66's business segments and recent news related to the company.
Strike Vote Could Be A Key Test For Phillips 66 Stock (PSX)
A strike authorization by Teamsters Local 877 members at Phillips 66's Bayway Refinery poses a significant risk to the company's operational reliability and cost control efforts. The dispute, stemming from stalled contract talks over wages, benefits, and safety, could impact Phillips 66's ability to execute refinery projects and meet EBITDA targets, particularly given its high debt load and projected revenue declines. Investors are watching closely to see if the company can resolve the standoff without material downtime or increased operating costs, which would challenge analyst assumptions of high utilization as a key upside catalyst.
Police jurors deny tax reduction requests from Phillips 66, Venture Global
Calcasieu Parish police jurors denied requests from Phillips 66 and Venture Global for lower property taxes on their 2026 assessments, which the companies argued were too high. Phillips 66, whose refinery has the highest per-barrel property tax in Louisiana, has made similar unsuccessful requests for the past three years. The police jurors denied the requests due to concerns about setting a dangerous precedent, despite an independent appraisal for Phillips 66 showing its assessment value was significantly higher than its peers.
Phillips 66 (PSX) Shares Surge 3.5% -- What GF Score of 64 Tells Investors
Phillips 66 (PSX) shares rose 3.5% to $264.23, but the stock is considered significantly overvalued based on its GF Value™ estimate, being 65.7% above its estimated fair value. The company has a GF Score™ of 64/100, indicating above-average performance, particularly in financial strength and profitability, but it shows weaknesses in growth and valuation. Insider activity reveals net selling of $63.3 million over the past 12 months, suggesting a lack of insider confidence at current price levels.
PSX Maintained by Goldman Sachs -- Price Target Raised to $274
Goldman Sachs maintained a Neutral rating on Phillips 66 (PSX) but raised its price target from $245.00 to $274.00. Despite this, GuruFocus indicates PSX is 65.0% overvalued at its current price of $263.14, with a moderate GF Score™ of 64/100 and significant insider selling activity. Investors are advised to approach the stock with caution due to its high valuation and mixed signals from analysts and insiders.
Phillips 66 Adds ~$4 Billion in Market Value in a Single Session
Phillips 66 (PSX) saw a significant increase in market value, adding approximately $4 billion in a single session. The stock closed up 4.1% at $263.64, a rare and substantial move for a large-cap refiner. This strong performance, which held throughout the day, suggests potential continued interest from traders and long-term investors.
Phillips 66 Stock (PSX) Moved Up by 3.11% on Oct 1: What Signal Does It Send?
Phillips 66 (PSX) stock increased by 3.11% on October 1st, outperforming the Energy - Fossil Fuels sector. This surge is attributed to favorable Wall Street rating adjustments, institutional accumulation, and strong quarterly earnings driven by elevated crack spreads and refinery utilization. The company's expanded share repurchase program and competitive dividend strategy are also contributing factors to investor confidence.
Apple To $355? Here Are 10 Top Analyst Forecasts For Thursday
This article compiles analyst ratings and price target changes for ten major companies including Apple, Hewlett Packard Enterprise, Phillips 66, and Netflix. Analysts from firms like Citigroup, Goldman Sachs, Morgan Stanley, and UBS have updated their outlooks on these stocks, with some increasing price targets and others, like Morgan Stanley for Apple, slightly reducing them. The article provides a quick overview of these changes and the latest closing prices for each stock mentioned.
Exxon, Suncor Bid to Block Climate Suits at US Supreme Court (1)
Exxon Mobil Corp. and Suncor Energy Inc. are petitioning the US Supreme Court to dismiss a climate change lawsuit filed by the city and county of Boulder, a case that could impact dozens of similar actions across the country. The oil companies argue that climate change is a global issue beyond the scope of state-level litigation and that federal law, specifically the Clean Air Act, should govern such matters. The Justice Department supports the companies' position, while environmental groups and local governments contend that states should be able to protect their citizens from in-state harms under traditional tort doctrines.
Petrobras' P-80 Platform Begins Journey to Buzios Field
Petrobras' P-80 platform, the first of six new giant units, has departed Singapore for the Búzios field in Brazil's pre-salt Santos Basin, with production expected to begin in 2027. This platform, designed for high production capacity and advanced technology, is part of Petrobras' strategy to enhance efficiency, reduce costs, and accelerate field development through standardized, series-based construction. The Búzios field, operated in partnership with CNOOC, CNPC, and PPSA, continues to expand its natural gas production and export capabilities.
Today & Tomorrow: Moving energy across the Central Corridor
Phillips 66's Central Corridor operates as a highly integrated network, moving energy from Western Canada to customers worldwide through pipelines, storage, and refineries. This system provides flexibility to adapt to market conditions, expands the 76® brand to Chicago, and converts natural gas into various everyday products. The network's strength lies in the interconnectivity of four refineries, which together create a resilient supply chain and a distinctive advantage for Phillips 66.
TD Cowen raises target for Phillips 66 stock to USD 295
TD Cowen has raised its price target for Phillips 66 (PSX) stock to USD 295.00 from USD 255.00, while maintaining a Buy rating. This upgrade follows strong second-quarter 2026 earnings, where Phillips 66 reported an EPS of USD 9.41 against a consensus of USD 7.50 and revenue of USD 52.04 billion. The company's next earnings report is scheduled for October 28, 2026.
Evaluating Automatic Data Processing Against Peers In Professional Services Industry
This article evaluates Automatic Data Processing (NASDAQ: ADP) against its peers in the Professional Services industry, analyzing critical financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, revenue growth, and debt-to-equity. ADP shows favorable growth potential with a lower P/E ratio than the industry average, strong profitability with higher ROE, EBITDA, and gross profit, and robust revenue growth. While its P/B and P/S ratios suggest potential overvaluation, ADP maintains a strong financial position with a lower debt-to-equity ratio compared to its top competitors.
A4EFGT Bond Profile: Coupon and Redemption
This article provides a detailed profile of the MPLX LP 5.4% bond (A4EFGT) maturing on September 15, 2035. It outlines key facts about the issuer, bond characteristics like issue and maturity dates, face value, and minimum denomination. The profile also includes information on coupon payments, including the semi-annual frequency and upcoming payout schedule, as well as bond redemption details.
CVR Energy Jumps 5.1% Amid Sector-Wide Rally
CVR Energy (CVI) surged 5.1% to $53.13 on September 30, 2026, as the entire refining sector experienced a broad rally. This sector-wide movement, also benefiting peers like PARR, PBF, DK, DINO, and PSX, suggests investor sentiment is driven by improving fundamentals or commodity market dynamics rather than company-specific news. Investors are advised to monitor petroleum inventory reports and refining margin indicators to assess the sustainability of this rally.
Phillips 66 Stock And 2 Energy Shares Facing The Next Oil Supply Test
This article examines three energy stocks—Phillips 66 (PSX), Viva Energy Group (ASX:VEA), and CVR Energy (CVI)—that are particularly exposed to global oil market fluctuations and potential supply shocks. It highlights their unique business models, including refining, midstream, and integrated operations, and discusses the key swing factors and risks associated with each company in the context of evolving energy security and policy changes. The analysis emphasizes how these companies' earnings are tied to real-world fuel demand, refining margins, and the broader energy landscape.
Here’s How Much You Would Have Made Owning Phillips 66 Stock In The Last 5 Years
Phillips 66 (NYSE: PSX) has significantly outperformed the market over the last five years, with an annualized return of 27.12%. An investment of $1,000 in PSX stock five years ago would now be worth $3,392.02, highlighting the substantial impact of compounded returns on wealth growth.
Phillips 66 (NYSE:PSX) Price Target Raised to $295.00
TD Cowen has increased its price target for Phillips 66 (NYSE:PSX) to $295.00, maintaining a "buy" rating, indicating a potential 17.2% upside. This follows Phillips 66's strong quarterly results, where it surpassed EPS and revenue estimates, and authorized a $10 billion share repurchase program. Despite recent insider selling, institutional investors hold a significant stake in the company.
Bank of Montreal (BMO) stock price, news, quote and history - Yahoo Finance
This page provides an overview of Bank of Montreal (BMO) stock, including its current price, dividend information, and a collection of recent news articles from various financial outlets. It also displays BMO's performance against the S&P/TSX Composite index over different periods.
The Zacks Analyst Blog Highlights Phillips 66, HF Sinclair and Eni
The Zacks Analyst Blog highlights Phillips 66 (PSX), HF Sinclair (DINO), and Eni S.p.A. (E) as strong buy energy stocks due to their robust share buyback programs. These companies are increasing buybacks to balance shareholder returns with capital discipline, especially amid elevated oil prices and geopolitical uncertainties. The article emphasizes that share repurchases can enhance earnings per share and signal management's confidence in the company's financial health.
Goldman Sachs Adjusts Price Target on Phillips 66 to $274 From $245, Keeps Neutral Rating
Goldman Sachs has increased its price target for Phillips 66 (PSX) to $274 from $245, while maintaining a Neutral rating on the stock. This adjustment reflects an updated outlook for the oil and gas refining and marketing company. The article also notes other recent analyst adjustments for Phillips 66.
TD Cowen Adjusts Price Target on Phillips 66 to $295 From $255, Maintains Buy Rating
TD Cowen has raised its price target for Phillips 66 (PSX) from $255 to $295, while reiterating a "Buy" rating on the stock. This adjustment reflects an updated outlook from the analyst firm for the oil and gas refining and marketing company. The article also briefly mentions recent news about Phillips 66, including labor negotiations, the use of AI in operations, and other analyst target changes.
Phillips 66 stock trades at EUR 223.25 as BMO raises target
BMO Capital has increased its price target for Phillips 66 (PSX) from USD 260.00 to USD 310.00, maintaining an Outperform rating after the refiner's Q2 2026 earnings surpassed expectations. Phillips 66's Q2 EPS reached USD 9.41 against an expected USD 7.50, and revenue hit USD 52.04 billion compared to USD 43.60 billion. The stock was trading at EUR 223.25 at Lang & Schwarz, and its next earnings release is scheduled for October 28, 2026.
Can HF Sinclair's Go-West Initiative Drive Long-Term Midstream Growth?
HF Sinclair's "Go-West" initiative aims to expand its midstream operations by moving Rockies supply into Western markets, leveraging existing infrastructure to increase capacity to 140,000-150,000 BPD in later phases. This strategy aligns with a broader industry trend where refiners like Marathon Petroleum and Phillips 66 are investing heavily in midstream assets for more stable, long-term growth. While HF Sinclair's shares have performed similarly to the industry, its valuation indicates a slight premium.
Can HF Sinclair's Go-West Initiative Drive Long-Term Midstream Growth?
HF Sinclair's "Go-West" initiative aims to expand its midstream operations by moving Rockies supply into Western markets, capitalizing on long-term supply-demand imbalances. This multiphase project, starting with 35,000 BPD additional capacity by 2029 and scaling to 140,000-150,000 BPD, mirrors a broader industry trend where refiners like Marathon Petroleum and Phillips 66 are investing heavily in more stable midstream assets for long-term growth. The strategy is expected to strengthen midstream growth, improve pipeline utilization, and enhance integration with DINO's refining network.
PHILLIPS 66 TEAMSTERS OVERWHELMINGLY AUTHORIZE STRIKE
Teamsters Local 877 members at Phillips 66 Bayway Refinery have overwhelmingly voted to authorize a strike, demanding a fair contract that includes higher wages, stronger benefits, and protection of previously negotiated contractual language. The 385 workers are also protesting an Absence Control Policy and proposed changes that could compromise safety and training standards. Negotiations are ongoing, with the current collective bargaining agreement set to expire on October 1st.
Phillips 66 stock after-hours at EUR 222.30: minus 0.29 percent versus prior close
Phillips 66 stock traded at EUR 222.30 after-hours, showing a 0.29 percent decrease from its prior close. The company announced its continued collaboration with Ducks Unlimited for wetlands conservation and is set to release its third-quarter 2026 financial results on October 28, 2026.
PHILLIPS 66 TEAMSTERS OVERWHELMINGLY AUTHORIZE STRIKE
Members of Teamsters Local 877 at Phillips 66 Bayway Refinery have overwhelmingly authorized a strike, with 92% voting in favor. The 385 workers are demanding a contract that includes higher wages, stronger benefits, reliable paid time off, and the protection of previously agreed-upon contractual language. Negotiations are ongoing, and the current collective bargaining agreement is set to expire on October 1st.
PowerBank narrows net loss by $6.8M as gross margin rises to 34.7% despite revenue drop in FY2026
PowerBank Corporation reported a significantly narrowed net loss of $24.3 million in fiscal 2026, an improvement of $6.8 million from the previous year. This was primarily driven by a rise in gross margin to 34.7%, even as revenue declined to $27.4 million due to a strategic shift from selling projects to owning them. The company also achieved operational milestones, including new battery storage and solar projects, positioning it for revenue growth in fiscal 2027.
Can a Tight Global Refining Market Keep MPC's Margins Elevated?
Marathon Petroleum (MPC) is expected to maintain elevated margins due to a tight global refining market where refined-product demand is projected to outpace capacity additions. The company's second-quarter 2026 performance saw strong refining and marketing adjusted EBITDA, driven by high crack spreads and resilient consumer demand. Other companies like Phillips 66 (PSX) and HF Sinclair (DINO) are also benefiting from these favorable market conditions, including global supply disruptions and low product inventories.
Can a Tight Global Refining Market Keep MPC's Margins Elevated?
Marathon Petroleum (MPC) is expected to maintain elevated margins due to a global refining market where refined-product demand is projected to outpace net capacity additions. The company's strong Q2 2026 performance, with 94% crude-capacity utilization and significant adjusted EBITDA, was driven by resilient consumer demand and higher crack spreads. Other refiners like Phillips 66 (PSX) and HF Sinclair (DINO) are also benefiting from tight product supply, low inventories, and strong demand, supporting favorable crack spreads and high refinery utilization.
Valero Energy Corp (CEUX:V1Ld) Stock Price, Trades & News
This article provides a detailed financial overview of Valero Energy Corp (CEUX:V1Ld), including its stock price, market capitalization, P/E ratio, and various financial strength, growth, momentum, liquidity, and profitability metrics. It also includes the company's business description, executive details, upcoming earnings dates, and recent press releases. The report highlights one severe warning sign detected by GuruFocus for V1Ld.
FTAI unit to acquire USDG crude oil logistics assets for $255m
FTAI Energy Partners, a subsidiary of FTAI Infrastructure, is set to acquire crude oil logistics assets from USD Group for approximately $255 million. The deal includes the Port Arthur Terminal in Texas and a 50% stake in a diluent recovery unit in Canada, aiming to enhance FTAI's integrated logistics platform for crude oil transportation. The acquisition, expected to close in Q4 2026, will be funded through debt and is projected to generate about $50 million in annual EBITDA.
