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: Oil & Gas Refining and Marketing

Last updated Today

Latest news about Phillips 66

In short: Phillips 66 reported Q2 2026 earnings of $3.8 billion, authorized a $10 billion share buyback, and approved a new $5 billion pipeline.

Company announcements

August 11 Phillips 66

Phillips 66 approves Western Gateway Pipeline with partners

The $5 billion pipeline connects Gulf Coast refining assets to the West Coast via Kinder Morgan and HF Sinclair. Completion is targeted for 2029.

August 5 Phillips 66

Phillips 66 files Form 10-Q quarterly report

The quarterly report includes financial statements, management's discussion and analysis, and other required disclosures.

August 5 Phillips 66

Phillips 66 reports Q2 2026 earnings of $3.8 billion

Adjusted earnings were $3.8 billion, total debt decreased by $6.6 billion, and record NGL fractionation and LPG export volumes were achieved.

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.

Media coverage

September 12 Yahoo Finance

Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers

Phillips 66, Valero, and Marathon Petroleum posted strong earnings beats as widening crack spreads...

September 7 Yahoo Finance

Wells Fargo Just Raised its Bets on These 2 Refining Giants

The US refining stocks have been on a strong rally this year, driven by an unusually sharp surge in ...

September 1 GuruFocus

PSX Maintained by Piper Sandler -- Price Target Raised to $264

On October 10, 2023, Piper Sandler maintained a Neutral rating for Phillips 66 (PSX) while adjusting...

September 1 CNBC

Dow falls more than 400 points, oil rises after new U.S. strikes against Iran

This comes as energy stocks such as Phillips 66, Marathon Petroleum and Valero Energy hit fresh 52-week highs Tuesday.

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