You would be surprised how rumors and speculation spread from the right parties do wonders to destroy (or prop up) stock prices. Warren Buffett put money to work in Phillips 66 (PSX) with heavy exposure to oil. Shares of Phillips 66 are off about 13% from ... · ByBrian Sozzi · 8/31/2015
Read More Early movers: BAC, JCP, TWTR, UTX, GS, PSX, ALNY, PYPL & more European stocks largely opened lower on Monday, but the London Stock Exchange was shut for a bank holiday in the U.K. No major …
Yahoo Finance · 8/31/2015
On Saturday, August 29, Warren Buffett’s Berkshire Hathaway Inc revealed a $4.5 billion in Phillips 66 (NYSE:PSX). Following this deal ... some investors to cover their short position on the stock. As of August 14, around 12.03 million shares were ... · 1 day ago
A Memoriam of Understanding (MoU) may be signed between all three stock exchanges for formation of Pakistan Stock Exchange (PSX) to attract strategic investors. It is learnt on Monday that a meeting was convened between the exchanges and the …
Business Recorder · 8/24/2015
If you missed your opportunity Monday to buy Phillips 66 (PSX), close on the heels of Warren Buffett, you still have plenty of time. Phillips is just the kind of defensive dividend stock that makes sense to buy as a long-term holding, says Brian ...
Barron's · 1 day ago
Buffett Bounce
Warren Buffet's Berkshire Hathaway (BRK.A) disclosed Monday morning that it holds a 10.8 percent stake in Phillips 66 (PSX). Phillips 66 gapped open higher Monday, but traded in a range for the bulk of the session. The stock ended the day with a gain of …
Realtime Business News · 1 day ago
Phillips 66 (NYSE:PSX) has earned an “A” credit rating from analysts at Morningstar. The research firm’s “A” rating suggests that the company is a low default risk. They also gave their stock a three star rating. PSX has been the subject of ... · 8/23/2015
Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) has gas and plenty of it, by way of a $4.5 billion stake in Phillips 66 (NYSE: PSX), the largest U.S. oil ... Coming into Monday, the stock was CRAK's largest holding at a weight of 8.6 percent.
Benzinga · 8/31/2015
Berkshire Hathaway has disclosed a $4.5 billion stake in Phillips 66 (NYSE:PSX). Phillips 66 is organized into four ... I bought a large amount of ConocoPhillips stock when oil and gas prices were near their peak. I in …
Guru Focus · 8/30/2015
A decade of near-zero interest rates has helped the U.S. stock market stage a spectacular bull run since ... boosted by ConocoPhillips (COP.N) and Phillips 66 (PSX.N). Crude oil prices jumped after data indicated …
Reuters · 8/31/2015
rate hike

Phillips 66

Phillips 66 is an American multinational energy company headquartered in Westchase, Houston, Texas. It debuted as an independent energy co…
Phillips 66 is an American multinational energy company headquartered in Westchase, Houston, Texas. It debuted as an independent energy company when ConocoPhillips executed a spin-off of its downstream and midstream assets. Taking its name from the 1927 "Phillips 66" trademark of ConocoPhillips predecessor Phillips Petroleum Company, Phillips 66 began trading on the New York Stock Exchange on May 1, 2012, under the ticker PSX. The company is engaged in producing natural gas liquids and petrochemicals. The company has approximately 14,000 employees worldwide and is active in more than 65 countries. Phillips 66 is ranked No. 7 on the Fortune 500 list and No. 19 on the Fortune Global 500 list as of 2015.
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