Tagged Phillips 66

Phillips 66 cuts its budget nearly 20 percent

Rate this article Article Abstract: Phillips 66 also will move forward with a $2 billion share buyback program. Nearly 80 percent of Phillips 66’s growth capital is directed toward its midstream expansions in pipelines, storage and export terminals. from Fuel Fix Click Here To Read Full Article Visit Fuel Fix for more great articles.

Buffett sold Exxon, bought refiner Phillips 66 on oil fears

Rate this article Article Abstract: Billionaire Warren Buffett dumped Exxon Mobil Corp. shares held by Berkshire Hathaway Inc. and took a $4.5 billion stake in refiner Phillips 66 after souring on the outlook for oil prices, he said in television interviews. from Click Here To Read Full Article Visit for more great articles.

Berkshire discloses $4.5 billion stake in Phillips 66

Rate this article Article Abstract: Berkshire held almost 58 million shares after purchases this week, or more than 10 percent of the total outstanding, according to a regulatory filing issued Friday by Warren Buffett’s Omaha, Nebraska-based company. from Fuel Fix Click Here To Read Full Article Visit Fuel Fix for more great articles.

Phillips 66 reports second quarter earnings

Rate this article Article Abstract: Phillips 66 Partners LP NYSE PSXP announces secondquarter 2015 earnings of 42.0 million or 0.50 per common unit. Distributable cash flow was 47.8 million and adjusted earnings before interest from OilVoice Headlines Click Here To Read Full Article Visit OilVoice Headlines for more great articles.

Phillips 66 profits climb 17 percent

Rate this article Article Abstract: Phillips 66 equity investment in the Denver-based master limited partnership posted an adjusted loss of $25 million in the second quarter compared to $12 million loss in the first quarter. from Fuel Fix Click Here To Read Full Article Visit Fuel Fix for more great articles.