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Phillips 66 Plans To Run Refineries In The Mid-90% Range Of Capacity In Q4

By Reuters News

Oct 28 (Reuters) - Phillips 66 PSX.N:

  • PHILLIPS 66 PLANS TO RUN REFINERIES IN THE MID-90% RANGE OF CAPACITY IN Q4 - CONF CALL

  • PHILLIPS 66 SAYS REFINING MARGINS EXPECTED TO NORMALIZE AT HIGHER LEVELS IN NEAR AND MEDIUM TERM - CONF CALL

  • PHILLIPS 66 SAYS REFINING MARGINS LIKELY TO REMAIN ABOVE HISTORICAL NORMALIZED LEVELS - CONF CALL

  • PHILLIPS 66 SAYS RETURN TO HISTORICAL REFINING MARGINS WOULD REDUCE BENEFIT BY ABOUT $1 BILLION - CONF CALL

  • PHILLIPS 66 SAYS WESTERN GATEWAY PROJECT WILL INCREASE ITS CAPITAL SPENDING RELATIVE TO THE PREVIOUS LEVELS - CONF CALL

  • PHILLIPS 66 SAYS CO HAS A SOLID PLAN TO INCREASE MIDSTREAM EARNINGS AT ABOUT 5% PER YEAR - CONF CALL

  • PHILLIPS 66 SAYS CONTRACTED 40 ADDITIONAL VESSELS AT RATES BELOW CURRENT FREIGHT MARKET, EXPECTS BENEFIT TO REFINING BUSINESS - CONF CALL

  • PHILLIPS 66 SEES HIGHER PERCENT OF CAPITAL RETURNS GOING TO SHARE BUYBACKS IN Q4 - CONF CALL

  • PHILLIPS 66 SEES Q4 FREIGHT MARKET STRONGER THAN Q3 - CONF CALL

  • PHILLIPS 66 SAYS RUSSIA LACKS SUFFICIENT DISTILLATE SUPPLIES TO MATERIALLY IMPACT GLOBAL MARKET - CONF CALL

Further company coverage: PSX.N

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