Phillips 66 (PSX)

Phillips 66 posted a 458% YOY jump in adjusted EPS to $14.08 on record refining margins, but muted stock gains and rising short interest suggest investors see the quarter as a possible peak.

Phillips 66 (NYSE:PSX) reported third-quarter 2026 earnings of $5.6 billion, or $14.08 per share, as the company cited high refinery utilization, record distillate production and strong midstream volumes. Operating cash flow totaled $7.3 billion, including a $1.1 billion working-capital benefit. Ch

Midstream fee growth of 5% annually provides a cushion against refining margin volatility, reshaping how investors should value long-term payouts.

Record distillate yields and strong midstream throughput drove $5.6B in earnings.

Lincoln National, AbbVie and Phillips 66 offer dividends that pay investors through midterm volatility, backed by rising rates, steady drug demand and oil risk.

Exxon is benefiting from having an integrated business.

Hurricane Isaias showed how Gulf Coast storms affect energy stocks differently, with Chevron, Phillips 66, and the VanEck Oil Refiners ETF reacting based on asset location and diversification.

What Happened? A number of stocks jumped in the pre-market session after crude oil prices jumped following President Donald Trump’s rejection of an Iranian p...

Dell, HP and Phillips 66 are rallying on AI server, AI-PC, and refining-margin catalysts, though all three now trade well above their consensus analyst price targets.

After the Fed's September rate hike, oil futures show backwardation signaling lower prices ahead as demand destruction and rising non-OPEC supply threaten to undercut inflation and economic growth.

Phillips 66, Valero, and Marathon Petroleum posted strong earnings beats as widening crack spreads from higher oil prices lifted refiner stocks past current analyst price targets.