VLO's refining outlook is supported by tight global fuel inventories, constrained capacity and strong international export demand.

Phillips 66 stock has delivered a very strong 5 year gain while both the Discounted Cash Flow (DCF) intrinsic value estimate and the earnings multiples currently indicate the shares trade at a discount to what those models suggest. Over 5 years, Phillips 66 has returned 307.1%, which puts extra focus on whether the current share price still leaves a margin between market price and estimated intrinsic value. The collapse of merger talks with Marathon Petroleum and the greenlight for the...

While crude oil is up about 50% in 2026, gasoline and diesel have risen more sharply. And the refiners are along for the ride.

Earlier this year, Phillips 66 reported very large year-on-year growth in adjusted Q2 earnings as wartime supply shortages and tighter global refining capacity lifted margins, while it advanced projects such as the Western Gateway pipeline and reduced debt alongside shareholder dividends and buybacks. Preliminary merger talks with Marathon Petroleum for a potential US$180.00 billion combination ultimately fell through amid regulatory and antitrust concerns, leaving investors to reassess...

Reports surfaced on August 14that refining giants Phillips 66 (NYSE:PSX) and Marathon Petroleum Corporation (NYSE:MPC) held preliminary talks earlier this year regarding a potential $180 billion mega-merger. The deal ultimately collapsed, largely due to regulatory hurdles; combining the two entities would have concentrated roughly 25% of U.S. refining capacity under one roof, triggering intense antitrust […]

DAR sees supportive renewable-fuel policy and tight RINs lifting DGD margins, but 2027 strength still hinges on market inputs.

PARR enters Q3 with refining margins still high as solid fuel demand and tight global inventories support earnings despite a Hawaii turnaround.

Few large-cap stocks offer a more direct way to capitalize on today's powerful transportation-fuel margins than Valero Energy (VLO).

With 88% of S&P 500 companies having reported second-quarter results, Energy has delivered the strongest earnings growth of the index’s 11 sectors at 147% year-over-year and the strongest revenue growth at 42.5%.

Senior Market Strategist John Rowland, CMT, checks up on the crack spread trade, and takes a look at where investors can find alpha in the newest consumer energy trend.

Crude oil looks calm, but diesel tells a completely different story, and the gap between those two markets is quietly reshaping who profits and who pays at every level of the supply chain.

PARR's cheap valuation, flexible crude sourcing and strong refining margins bolster the case for the stock after a 172.7% one-year surge.

Phillips 66's midstream growth through the Western Gateway project may strengthen its cash flow while improving refining and marketing flexibility.

Harbison exercised stock options at $100.44 per share and immediately sold at $223.76, capturing significant gains after Phillips 66's 88% one-year return.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.4%, and the actively t

With so many S&P 500 stocks hitting new highs, investors are getting jaded. But it's important to note the stocks that have vaulted to highs.

Chevron's operational execution has been strong, but a smaller, high-visibility slice of its roadmap for future growth runs through some of the world's toughest neighborhoods. Here is what that means for the stock.

Storage tanks at a massive US fuel depot caught fire after being struck by lightning, threatening supplies across one of the nation’s largest refined products pipeline systems.

Kinder Morgan (KMI) is back in focus after joining Phillips 66 and HF Sinclair in the proposed US$5b Western Gateway Pipeline joint venture, and after reporting second quarter 2026 earnings that exceeded market expectations. See our latest analysis for Kinder Morgan. Kinder Morgan’s share price has climbed 18.44% year to date to US$32.82, with a 7 day share price return of 6.39% after the Western Gateway Pipeline announcement and earnings beat. The 5 year total shareholder return of 169.73%...

Kinder Morgan recently reported second-quarter 2026 adjusted earnings of US$0.37 per share, beating estimates and improving its net debt-to-adjusted EBITDA ratio to 3.6X, while also agreeing with Phillips 66 and HF Sinclair to proceed with the proposed US$5.00 billion Western Gateway refined products pipeline joint venture targeted for completion in 2029. Together, the stronger results across its gas infrastructure and the long-distance Western Gateway project reinforce Kinder Morgan’s role...

The Standard & Poor's 500 index rose 0.4% this week after cooling inflation and an unexpected drop i

Energy stocks rose Friday with the NYSE Energy Sector Index gaining 1.3% and the State Street Energy

Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index rising 1.4% and the St

A tie-up between two of America’s biggest refiners would have reshaped the industry, but antitrust concerns and operational complexity ultimately derailed the deal.

MPC's strong Q2 results, higher refining margins and improving earnings outlook support the rally, but cyclical risks raise the bar.

Phillips 66 moves ahead with the $5B Western Gateway Pipeline, strengthening market access, logistics flexibility and long-term cash-flow potential.

Marathon Petroleum, Phillips 66 and Valero Energy throw off record profits and cash. But other names may be more actionable.

Phillips 66 has notably outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.

PSX's premium valuation is backed by strong refining margins, diversified cash flows and debt reduction, but regulatory risks warrant caution.

Davis liquidated 1,515 shares from a trust at $207.73 per share, reducing her indirect holdings by 21% while retaining 7,196 total shares worth roughly $1.6 million.

A Phillips 66 insider exercised options and immediately liquidated shares at an average price of $210.78.

Phillips 66 (PSX) is back in focus after committing to the Western Gateway Pipeline joint venture, a planned US$5b fuel transport system, alongside reporting strong second quarter earnings and expanding its share buyback program. See our latest analysis for Phillips 66. Phillips 66’s share price has moved sharply higher alongside the Western Gateway Pipeline decision and strong second quarter results, with a 30.6% 3 month share price return and a 93.3% 1 year total shareholder return, which...

Refining margins surged to $24.08 per barrel as debt fell $6.6 billion.

Kinder Morgan is adding more fuel to its dividend growth engine.

The planned 1,300-mile system would transport refined fuel products from the Midcontinent and Gulf Coast to the western US.

Energy stocks were higher late Tuesday afternoon, with the NYSE Energy Sector Index rising 0.7% and

Marathon Petroleum and Phillips 66 shares gained more than 3% each on Tuesday, helped by higher crude prices, while PSX stock also rose after finalizing a JV agreement for a $5 billion pipeline.

Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 0.7% and the S

MPC's record quarter highlights how value chain optimization, reliability and high-return projects are boosting profitability.

Phillip 66’s 900-mile pipeline will carry gasoline, diesel and jet fuel from the Texas Panhandle to Phoenix and Los Angeles.

Energy stocks were higher late Monday afternoon, with the NYSE Energy Sector Index rising 3.8% and t

MPC's rally has fundamental support from stronger refining economics, disciplined operations and rising midstream cash flow.

Phillips 66 (NYSE:PSX) reported second-quarter 2026 adjusted earnings of $3.8 billion, or $9.41 per share, as higher refining margins, midstream volumes, marketing margins and renewable fuel credits lifted results. Reported earnings were also $3.8 billion, or $9.55 per share. Chief Financial Office

While the top- and bottom-line numbers for Phillips 66 (PSX) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Quanta and Builders FirstSource have been highlighted as Zacks Bull and Bear of the Day

Phillips 66 (PSX) posts $3.8 billion in adjusted earnings, driven by robust refining margins and operational excellence, while advancing debt reduction and shareholder returns.

ConocoPhillips has named longtime executive Andy O’Brien as its next chief executive as Ryan Lance moves to an executive chairman role.

Investing.com -- US imports of Saudi Arabian oil fell to zero in July, marking the first time an entire month passed without such shipments since 1985, preliminary government data showed.

Analyst models for Phillips 66 have shifted, with fair value moving from US$194.11 to US$207.53 per share. This change lines up with recent research where many firms are lifting price targets, yet remain split on how much premium the stock should command and how long current refining conditions might last. Read on to see what is driving this evolving story around Phillips 66 and how you can track the changing narrative. Analyst Price Targets don't always capture the full story. Head over to...

VLO's premium valuation is backed by cheaper crude, flexible sourcing and a strong balance sheet. But is the higher price justified?