PSX

Phillips 66

September 21, 2026 · intraday

Rarity
1.35
Peak move
−4.75%
Float cap
$109.3B

Phillips 66 is an energy manufacturing and logistics company with operations in midstream, chemicals, refining, marketing and specialties, and renewable fuels. It transports and stores crude oil, refined products, natural gas and NGLs; manufactures petrochemicals and plastics through CPChem; refines crude oil into gasoline, distillates and aviation fuels; and markets refined products, lubricants and renewable fuels, primarily in the United States and Europe.

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What we found

15 events · 1 from SEC or newswire · 3 timed with the move
  • Timed with the movecommodity_event

    US diesel refining margins ran roughly five times normal, with coastal ULS diesel cracks near $102 per barrel, as Phillips 66's Q2 worldwide realized refining margins doubled to $24.08 per barrel.

  • Key eventTimed with the movepeer_disclosure

    Marathon Petroleum reported a refining and marketing margin of $36.33 per barrel and adjusted EPS of $17.73, while Valero posted a $43.52 per barrel Gulf Coast ULS diesel margin.

  • Key eventTimed with the movecommodity_event

    Diesel cracks ran roughly five times normal and worldwide refining margins doubled to $24 per barrel, driven by collapsed Russian export flows and lower Persian Gulf shipments, with WTI at $107.02.

  • litigation_outcome

    London's High Court granted Glencore permission to sue the insolvent Prax Lindsey Oil Refinery over roughly $236 million of crude oil supplied before its collapse; Phillips 66 bought the Lindsey refinery assets earlier in 2026.

  • commodity_event

    Asian 10-ppm diesel refining margins hit an all-time high of just over $87 a barrel as Middle East and Russian export losses tightened distillate supply.

  • operational_disruption

    A September 18 upset at Phillips 66's 149,000 bpd Borger, Texas refinery caused the 43 SRU stack to exceed 500 lbs of SO2 from 6:41 to 9:37 p.m.

  • Key eventcommodity_event

    US average diesel prices hit a record $6.29 per gallon, up 68% year over year, as Middle East and Russian supply disruptions removed roughly two million barrels per day of refined products.

  • analyst_rating

    BMO Capital raised its price target on Phillips 66 to $310 from $260 while maintaining an Outperform rating, citing refining margin strength.

  • commodity_event

    Saudi Aramco told at least two European refining customers they will receive no crude next month after drone attacks shut its East-West pipeline and damaged three pumping stations.

  • commodity_event

    US diesel prices rose to a record $6.45 per gallon on September 18, 2026, while crude fell for a third straight session.

  • commodity_event

    European low-sulphur gasoil futures traded at an $85.34 per barrel premium to Brent, about 7% below the all-time high of $91.67 set earlier in the week, as Strait of Hormuz traffic fell.

  • insider_sale

    Phillips 66 EVP Brian Mandell sold 23,400 shares at $265.06 on September 16, 2026, in a transaction valued at about $6.2 million, alongside an option exercise of 46,800 shares at $74.70.

    SEC4 0001641265-26-000012Webstockpage.10jqka.com.cn
  • litigation_outcome

    Consumer Watchdog filed documents with the Supreme Court and SEC asserting Justice Alito has a financial interest in Suncor v. Boulder and calling for his recusal.

  • earnings_release

    Phillips 66 will release third-quarter 2026 financial results on Wednesday, October 28, 2026, with a webcast at noon ET.

  • operational_disruption

    About 370 process and mechanical workers at Phillips 66's Bayway refinery in Linden, New Jersey, represented by Teamsters Local 877, planned to rally for higher wages and benefits ahead of their October 1, 2026 contract expiration.