Kestra Advisory Services, American Century Companies, Comerica Bank, Wellington Management Group, Gabelli Funds, Bahl & Gaynor, Corebridge Financial, Ameriprise Financial, Candriam S.C.A, MetLife Investment Management, HSBC Holdings, HighTower Advisors, Sienna Gestion, State of New Jersey Common Pension Fund D, and Dimensional Fund Advisors have all reportedly reduced their holdings in Phillips 66. Some other investors, like ICONIQ Capital, Evergreen Wealth Solutions, Rafferty Asset Management, Allstate Corp, Norinchukin Bank, Strategies Wealth Advisors, Crossingbridge Advisors, Credit Agricole, Northern Trust Corp, Aptus Capital Advisors, Ethos Financial Group and Northwest & Ethical Investments, etc. have increased their positions. Phillips 66 has reported its Q2 2025 results indicating a record refining utilization. However, the company has suffered a fire incident at its Bayway refinery leading to a reduction in gasoline output. Moreover, the company's stock has been stalling amid a volatile market with mixed signals from analysts. It's said the company is set to begin winding down its Los Angeles-area refinery next week as per the sources. The company has been ordered to pay $195 Million in damages.
Phillips 66 PSX News Analytics from Fri, 09 May 2025 07:00:00 GMT to Sat, 30 Aug 2025 23:38:05 GMT -
Rating 2
- Innovation -8
- Information 4
- Rumor -3
