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 (PSX) and Kinder Morgan (KMI) advanced the proposed Western Gateway Pipeline after a successful second open season that secured long-term shipper commitments sufficient to proceed, subject to definitive agreements and board approvals.
The project will build a new Borger-to-Phoenix pipeline, reverse existing Gold and SFPP lines to enable east‑to‑west flows into California, connect Midwest and Gulf Coast supplies to Phoenix, California and Las Vegas, and targets an in-service date of mid-2029.
Phillips 66 (NYSE: PSX) declared a quarterly dividend of $1.27 per share.
The dividend is payable on June 1, 2026 to shareholders of record at the close of business on May 18, 2026. This provides a scheduled cash return to common shareholders.
Phillips 66 and Kinder Morgan (NYSE: KMI) extended the second open season for the proposed Western Gateway refined products pipeline. The open season now closes April 15 at noon CT, giving prospective shippers more time to review the updated Transportation Services Agreement, including certain rates.
The extension covers additional receipt points and deliveries into the Los Angeles market via Kinder Morgan’s SFPP Watson to Colton line. The initial open season ended in December with significant shipper interest and commitments. More details are available at the project website.
Phillips 66 (NYSE: PSX) will release its first-quarter 2026 financial results on Wednesday, April 29, 2026, and executive management will host a webcast at noon ET that day.
Investors can access the live webcast and an archived replay via the Events and Presentations section of the Phillips 66 investor website; a transcript will be posted later.
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.