Western Gateway Extension Puts Phillips 66 Valuation And Momentum In Focus [Yahoo! Finance]
Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
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Source: Yahoo! Finance
Phillips 66 (NYSE:PSX) and Kinder Morgan extended the open season for their Western Gateway Pipeline project, which targets refined product deliveries into the Los Angeles market. The extension signals continued interest from shippers in securing capacity on the proposed pipeline. The project focuses on expanding refined product transportation infrastructure serving one of the largest fuel markets in the United States. Phillips 66, trading at around $176.21, has seen strong recent share performance, with the stock up 35.0% year to date and 84.9% over the past year. Over a longer horizon, returns of 90.6% over three years and 170.2% over five years reflect significant historical gains for longer term holders. The extended open season for Western Gateway highlights how Phillips 66 is shaping its midstream footprint in a key refined products hub. For investors tracking NYSE:PSX, this project represents another element of the broader infrastructure narrative around supplying the
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News
- Phillips 66 (PSX) had its price target raised by Wolfe Research from $187.00 to $193.00. They now have an "outperform" rating on the stock.MarketBeat
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- Phillips 66 (PSX) had its price target raised by UBS Group AG from $172.00 to $212.00. They now have a "buy" rating on the stock.MarketBeat
- Phillips 66 (PSX) had its price target raised by TD Cowen from $155.00 to $213.00. They now have a "buy" rating on the stock.MarketBeat
PSX
Earnings
- 2/4/26 - Beat
PSX
Sec Filings
- 4/6/26 - Form 8-K
- 4/3/26 - Form 4
- 4/3/26 - Form SCHEDULE
- PSX's page on the SEC website