PSX Jan 2026 150.000 put
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- Simply Wall St.
Is Phillips 66's (NYSE:PSX) Recent Stock Performance Tethered To Its Strong Fundamentals?
Phillips 66 (NYSE:PSX) has had a great run on the share market with its stock up by a significant 6.9% over the last...
- Zacks
Phillips 66 to Offload 49% Stake in Coop Mineraloel to Swiss JV
PSX states that the proceeds from the sale of 49% of its non-operated equity interest in Coop Mineraloel will support its priorities, including shareholder returns.
- Reuters
Phillips 66 aims at $3 billion divestitures target with Swiss venture stake sale
The joint venture operates 324 retail sites and petrol stations across Switzerland. "This transaction marks significant progress in delivering on our commitment of over $3 billion in divestitures," Phillips 66 CEO Mark Lashier said in a statement. Phillips 66 had said last year it would monetize $3 billion in non-core assets in 2024 as part of a plan to boost returns by cutting costs and assets.
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