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May 27, 2014
09:22 EDTWEX, PSXWex signs multi-year program extension with Phillips 66
WEX (WEX) announced it has signed a multi-year extension to provide private label and universal fleet card services for Phillips 66 (PSX). Through the agreement, WEX will continue to issue fleet cards and provide related payment services to Phillips 66-branded customers. Together, WEX and Phillips 66 will expand upon a sales and marketing program for direct sales while also supporting the efforts of independent marketers and dealers at more than 7,100 Phillips 66, Conoco, and 76-branded retail outlets.
News For WEX;PSX From The Last 14 Days
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February 8, 2016
06:58 EDTWEXWEX Inc. sees FY16 adjusted EPS $3.80-$4.10, consensus $4.63
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06:58 EDTWEXWEX Inc. sees Q1 EPS 80c-88c, consensus $1.05
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06:57 EDTWEXWEX Inc. reports Q4 average number of vehicles served was approximately 9.5M
Reports Q4 total fuel transactions processed up 4% to 99.6M, payment processing transaction up 7% to $84.8M.
06:57 EDTWEXWEX Inc. 'confident' in ability achieve organic growth in 2016
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06:56 EDTWEXWEX Inc. reports Q4 non-GAAP EPS $1.15, consensus $1.05
Reports Q4 revenue $212.64M, consensus $202.61M.
February 4, 2016
13:27 EDTPSXPhillips 66 rises after Buffett adds to position
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February 3, 2016
11:37 EDTPSXOptions with increasing put volume; PSX CDNS DF WDR MELI MAS NOV WSM DB
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January 31, 2016
16:18 EDTPSXBerkshire Hathaway acquires additional 2.54M shares of Phillips 66
In a regulatory filing late Friday, Berkshire Hathaway (BRK.A, BRK.B) disclosed the purchase of an additional 2.54M shares of Phillips 66 (PSX). The purchases were made January 27-29.
January 29, 2016
12:56 EDTPSXPhillips 66 says expects 'stronger gasoline growth globally' in 2016
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12:48 EDTPSXPhillips 66 says expects CapEx to decline over next several years
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12:21 EDTPSXPhillips 66 sees Q1 pre-tax refining turnaround expenses approximately $150M
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12:09 EDTPSXPhillips 66 sees 2016 pre-tax refining turnaround expenses $525M-$575M
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12:08 EDTPSXPhillips 66 says targeting 2016 dividend increase of at least 10%
Comment from company's Q4 earnings conference call.
07:03 EDTPSXPhillips 66 executing on plan to grow Midstream and Chemicals business
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07:01 EDTPSXPhillips 66 reports Q4 adjusted EPS $1.31, consensus $1.25
We operated well in the quarter, as refining capacity utilization remained high and clean product yield increased," said Greg Garland, Chairman and CEO. "We also reached a significant milestone with the Sweeny Fractionator One and Clemens Caverns coming online. Solid execution in the fourth quarter generated $1.5 billion of cash from operations, and we returned over $700 million to shareholders through dividends and share repurchases." Phillips 66's Midstream fourth-quarter adjusted earnings were $42 million, a decrease of $49 million from the third quarter. Phillips 66's Transportation business generated adjusted earnings of $78 million during the fourth quarter, consistent with the third quarter. NGL adjusted losses were $2 million for the fourth quarter. The $34 million decrease from the prior quarter was largely driven by the timing of adjustments related to the tax extenders bill, signed in December, as well as additional costs associated with the Sweeny Hub.
January 28, 2016
14:29 EDTPSXNotable companies reporting before tomorrow's open
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