Phillips 66 (PSX), opens new tab forecast higher spending in 2026 on Monday as the U.S. refiner expects increased disbursement in its midstream and refining segments.
Phillips 66 (PSX), opens new tab forecast higher spending in 2026 on Monday as the U.S. refiner expects increased disbursement in its midstream and refining segments.
Refiner Phillips 66 (PSX.N), beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins and lower turnaround expenses.
Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid widespread maintenance and turnaround activities across the U.S. refining sector.