Phillips 66 (PSX) Stock

On the most recent trading day, Phillips 66 (PSX) closed at $113.93, which is an increase of 1.73% compared to its last closing price.

The short-term forecast for refining isn't great. However, it seems that the market is nearing its lowest point as many refineries around the world shut down. These closures should help increase profits for nearby PSX facilities and enhance the overall refining market, and at this low point, PSX plans to sell $2 billion in assets that I believe have appealing values.

PSX intends to invest $3 billion in capital for 2025, concentrating on important growth sectors like refining, midstream, renewable fuels, and joint ventures to enhance long-term value for shareholders.

Phillips 66 (PSX) closed at $110.48 on the most recent trading day, showing a slight increase of 0.1% from its previous closing price.

HOUSTON--(BUSINESS WIRE)--Phillips 66 will present at the Goldman Sachs Energy, CleanTech & Utilities Conference.

On the most recent trading day, Phillips 66 (PSX) closed at $115.83, which is a decrease of 0.4% compared to its last closing price.

Since its separation from ConocoPhillips in 2012, Phillips 66 (PSX -5.24%) has excelled at providing value to its shareholders. Over the last twelve years, this integrated downstream energy company has returned an impressive $43 billion in cash to its investors.

NextEra Energy (NYSE: NEE) is known for having a strong history of paying dividends in the energy industry. One reason for this is that the company collaborates with an increasing number of businesses to fulfill their energy requirements. Additionally, NextEra's growth has been significantly boosted by its quickly expanding energy resources division.

Phillips 66 (PSX) finished the last trading day at $125.33, which is a decrease of 0.23% compared to the day before.