Stocks stemmed their bleeding Monday after a rough start to the day.
Once again, investors are asked to parse the difference between legal and ethical.
Analysts estimated that losses for the insurance industry will hit around $10 billion, far less than the $90 billion+ from Katrina (Image: US Coast Guard, Aug. 27, 2021, CC BY-NC-ND 2.0, Flickr)
Company chart and information is provided by TradingView based on 15-minute-delayed data.
Phillips 66 is an independent refiner with 13 refineries that have a total throughput capacity of 2.2 million barrels per day. Its DCP Midstream joint venture holds 45 natural gas processing facilities, 11 natural gas liquids fractionation plants, and a natural gas pipeline system with 58,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins. Phillips 66 also holds a 75% interest in Phillips 66 Partners after exchanging its general partner incentive distribution rights for limited partner units.
| Website: | www.phillips66.com |
| Email: | investorrelations@p66.com |
| Main Phone: | +1 281 293-6600 |
| Address: | 2331 CityWest Boulevard |
| Address 2: | Suite 1400 |
| State: | TX |
| City / Town: | Houston |
| Country: | US |
| Postal Code: | 77042 |
| Exchange: | NYE |
| CEO: | Greg Garland |
| Employees: | 14300 |
| NAICS: | Petroleum Refineries(324110) |
Stocks stemmed their bleeding Monday after a rough start to the day.
Once again, investors are asked to parse the difference between legal and ethical.
Analysts estimated that losses for the insurance industry will hit around $10 billion, far less than the $90 billion+ from Katrina (Image: US Coast Guard, Aug. 27, 2021, CC BY-NC-ND 2.0, Flickr)
CEO Greg Garland on Monday warned that market conditions remain challenging.
Most Canadian refiners haven't modified their plants, as they wait on the government to present its Clean Fuel Standard this year.
Tropical Storm Sally is causing platforms and refineries to be on high alert, with many shutting down and evacuating personnel.
"Phillips 66 is well-positioned to manage through the challenging environment," said Greg Garland, chairman and CEO of Phillips 66
For a specific group of oil companies, low oil prices are a good thing.
The company does business in the U.S., South America, Europe, Asia and the Middle East.
The company's diversified business portfolio includes refining, midstream, chemicals, and marketing and specialty operations.
| Last Price N/A | Change $ N/A | Change % N/A | Tick N/A |
| Bid N/A | Bid Size N/A | Ask N/A | Ask Size N/A |
| Open N/A | High N/A | Low N/A | Prev Close N/A |
| Last Trade | Volume N/A | 52 Wk Hi N/A | 52 Wk Low N/A |
| Market Cap N/A | Ex-Div Date N/A | Div Rate N/A | Yield N/A |
| Shares N/A | EPS (TTM) N/A | PE Ratio N/A | Exchange N/A |
© 2022 Equities News | Equities.com, Inc.
* All dates and time are being displayed in Eastern Standard Time (EST).
