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0.000289981151225113 -0.0020298680585762 -0.00173988690735088 -0.00173988690735088 -0.00173988690735088 -0.00173988690735088 -0.00173988690735088 -0.00173988690735088
Stock impact report

Phillips 66 (PSX) Agrees to Acquire Lindsey Oil Refinery in England [Yahoo! Finance]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Phillips 66 (NYSE:PSX) is a leading integrated downstream energy provider that is engaged in refining, transporting, and marketing fuels. Phillips 66 (NYSE:PSX) announced on January 5 that it had agreed to acquire the assets and infrastructure of Lindsey Oil Refinery in northern England, expanding the company's footprint in the UK. While the financial terms of the deal were not disclosed, Phillips 66 revealed that it does not plan to restart standalone operations at the refinery and instead aims to integrate its assets into the company's Humber Refinery complex in North Lincolnshire. Paul Fursey, UK lead executive of Phillips 66 (NYSE:PSX), stated: “Agreeing to acquire Lindsey Oil Refinery assets and associated infrastructure marks an important step for Phillips 66 Limited as we continue to invest in the UK's energy security.” Phillips 66 (NYSE:PSX) is positioned to benefit from the situation in Venezuela as its refineries are specifically designed to process heavy sour grade Show less Read more
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