Welcome to our dedicated page for Phillips 66 news (Ticker: PSX), a resource for investors and traders seeking the latest updates and insights on Phillips 66 stock.
Phillips 66 reports news across its integrated downstream energy portfolio, including Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels. Company updates commonly address refining operations, NGL fractionation and LPG export capacity, refined-products logistics, chemical joint venture activity, renewable fuels, retail fuel marketing and completed asset additions such as the Lindsey Oil Refinery assets in the United Kingdom.
Recurring Phillips 66 announcements also cover quarterly results, dividend declarations, capital allocation, credit and liquidity updates, shareholder meetings, investor presentations, board governance and commercial developments tied to pipelines, terminals, storage, processing and fuel supply infrastructure.
Phillips 66 (NYSE: PSX) executives will speak at the Piper Sandler 26th Annual Energy Conference on March 17, 2026 at 1:30 p.m. ET. The fireside chat will feature CFO Kevin Mitchell and EVP Refining Richard Harbison discussing outlook, strategic execution across segments, and capital allocation.
Live webcast access is available via the Events and Presentations section of the Phillips 66 investor site, with a replay archived the day after and a transcript posted later.
Phillips 66 (NYSE: PSX) appointed Howard Ungerleider and Kevin Meyers to its Board of Directors, effective March 8, 2026. The additions follow constructive engagement with Elliott Investment Management and aim to strengthen financial, operational and energy expertise. Two directors intend to retire ahead of the May 2026 annual meeting, after which the Board will have 14 directors, 13 independent.
Phillips 66 (NYSE: PSX) announced that Mark Lashier, chairman and CEO, will appear in a fireside chat at the Morgan Stanley Energy & Power Conference on Wednesday, March 4, 2026 at 11:45 a.m. ET.
Investors can watch a live webcast via the Events and Presentations section of the company investor site; a replay will be archived the following day and a transcript posted later.
Phillips 66 (NYSE: PSX) declared a quarterly dividend of $1.27 per share, a $0.07 increase. The dividend is payable March 4, 2026 to holders of record at the close of business on Feb. 23, 2026. Management cited confidence in through-cycle cash flows and noted a 15% compound annual dividend growth rate since 2012.
Phillips 66 (NYSE: PSX) reported 4Q 2025 earnings of $2.9 billion ($7.17/share) and adjusted earnings of $1.0 billion ($2.47/share), including $239 million of pre-tax accelerated depreciation related to the Los Angeles refinery. The company generated $2.8 billion of net operating cash flow in the quarter and reduced debt by $2.0 billion to end the year at $19.7 billion. Operational highlights included record NGL transportation and fractionation volumes above 1.0 MMBD, a record clean product yield of 88% and 99% crude capacity utilization. Full-year 2025 results: reported earnings of $4.4 billion and adjusted earnings of $2.6 billion. The company completed asset dispositions and acquisitions of $3.5 billion each and announced a 2026 capital budget of $2.4 billion.
Phillips 66 and Kinder Morgan (KMI) launched a second open season for the proposed Western Gateway Pipeline, a refined products system linking Borger, Texas to Phoenix, Arizona and connecting into California and Nevada.
The second open season opens January 16, 2026 at noon CT and closes March 31, 2026 at noon CT. It offers remaining capacity, adds new origin points for supply diversification, and expands destinations including Los Angeles via a planned reversal of an existing SFPP line between Watson and Colton. The project pairs a new-build Borger–Phoenix pipeline with Kinder Morgan’s reversed Colton–Phoenix SFPP segment and a reversed Phillips 66 Gold Pipeline segment to feed the system. Connectivity to Las Vegas is via Kinder Morgan’s CALNEV pipeline.
Phillips 66 Limited (PSX) agreed to acquire assets and infrastructure of the Lindsey Oil Refinery, subject to satisfaction of closing conditions and customary regulatory clearances.
The company plans to integrate key Lindsey storage and infrastructure into its Humber Refinery rather than restart standalone Lindsey refining operations, which it judged not viable in current form. Phillips 66 said the transaction and planned multiyear Humber investment will strengthen supply to UK customers, boost UK energy security, and support hundreds of well-paid jobs through operations and future investment.
Phillips 66 (NYSE: PSX) and Kinder Morgan (NYSE: KMI) said Western Gateway closed its initial open season after receiving significant interest, including shipper commitments, for a proposed refined products pipeline system.
The companies will launch a subsequent open season in January 2026 for remaining capacity and will offer new destination(s) west of Colton, California via a joint tariff with an existing SFPP line reversed between Watson and Colton to provide access to Los Angeles markets.
The Western Gateway Pipeline pairs a new-build Borger, Texas to Phoenix pipeline with Kinder Morgan's SFPP Colton–Phoenix segment (to be reversed). Supplies will come from Borger and SFPP-connected El Paso, and Phillips 66 will reverse the Gold Pipeline to feed Borger. Connectivity to Phoenix, California, and Las Vegas via CALNEV is described.
Phillips 66 (NYSE: PSX) said Mark Lashier, chairman and CEO, will participate in a fireside chat at the Goldman Sachs Energy, CleanTech & Utilities Conference on Tuesday, Jan. 6, 2026 at 10:20 a.m. ET. Lashier will discuss the company outlook, strategic execution across segments, and disciplined capital allocation.
Investors can watch the live webcast via the Events and Presentations section of the Phillips 66 investor site (phillips66.com/investors). A replay will be archived the day after the event and a transcript will be posted later.
Phillips 66 (NYSE: PSX) will release its fourth-quarter and full-year 2025 financial results on Wednesday, Feb. 4, 2026. Executive management will host a live webcast at noon ET the same day to discuss the results, which will be released earlier that day.
Investors can access the live webcast via the Events and Presentations section at phillips66.com/investors. A replay will be archived on that page approximately two hours after the event, and a transcript will be made available at a later date.