Latest Phillips 66 News & Updates

See the latest news and media coverage for Phillips 66. We track all announcements, press releases, and industry mentions in real time, all in one place.

Phillips 66

Integrated energy manufacturing and logistics company

phillips66.com

Headquarters: Houston, United States
Company type: Public company
Number of employees: 10,000+
Industry: Integrated Oil & Gas

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Latest news about Phillips 66

In short: Phillips 66 reported a $207 million Q1 profit, expanded its midstream and SAF capacity, and settled a long-standing patent infringement case.

Company announcements

July 31 Phillips 66

Phillips 66 announces $10 billion share repurchase authorization

The board approved the increase as the current program neared its limit, supporting long-term shareholder value.

July 21 Phillips 66

Phillips 66 files Form 4 for changes in beneficial ownership

The filing, dated July 21, 2026, discloses changes in beneficial ownership by insiders.

July 20 Phillips 66

Phillips 66 files Form 144 for proposed securities sale

The Form 144 discloses a proposed sale of restricted securities by an insider or affiliate, filed with the SEC on July 20, 2026.

July 9 Phillips 66

Phillips 66 announces quarterly dividend of $1.27 per share

The dividend is payable on Sept. 1, 2026, to shareholders of record as of Aug. 18, 2026.

Media coverage

July 31 MarketWatch

Phillips 66 Board Adds $10 Billion to Stock Buyback

Phillip 66's board had previously authorized $25 billion in stock buybacks since the inception of its program in 2012, and the program had about $2...

July 31 Yahoo Finance

Phillips 66 announces additional share repurchase authorization

Phillips 66 announced that the board of directors has approved a $10 billion increase to the share repurchase authorization.

July 29 Reuters

Shell, Phillips 66 weigh sale of stakes in $3.5 billion US pipeline Explorer, sources say

Shell and Phillips 66 are ‌working on a potential sale of their stakes in the company which owns the...

July 27 Yahoo Finance

UBS Adjusts Price Target on Phillips 66 to $235 From $212, Maintains Buy Rating

Learn more Phillips 66 (PSX) has an average rating of overweight and mean price target of $206.72, according to analysts polled by FactSet.

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