Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

PHILLIPS 66

(PSX)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Phillips 66 : Shuts Louisiana Refinery Ahead of Storm

09/14/2020 | 09:39am EDT

By Dan Molinski

Phillips 66 said it was temporarily shutting down its Alliance refinery near New Orleans as a safety precaution due to Tropical Storm Sally, which is expected to strengthen to a hurricane and make landfall Tuesday morning along the Louisiana coast.

"Phillips 66 Alliance Refinery has begun a safe and orderly shutdown of the facility," the company said in a statement Sunday night. "Current priorities include safety and environmental compliance, as the refinery positions itself for a successful restart once the storm passes."

The 250,000-barrel-a-day Alliance refinery is located on the Mississippi River in Belle Chasse, La., 25 miles south of New Orleans.

The decision to shutdown the Alliance refinery comes a couple weeks after Phillips had to also shut down another of its Louisiana refineries, the 260,000-barrel-a-day Lake Charles plant, due to Hurricane Laura.

That Lake Charles facility sustained damages from Laura despite the shutdown, and remains closed as repairs are being made, the company said last week.

Write to Dan Molinski at dan.molinski@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
PHILLIPS 66 0.72% 92.1 Delayed Quote.31.68%
WTI -0.21% 72.241 Delayed Quote.47.25%
All news about PHILLIPS 66
06/14PHILLIPS 66 PARTNERS LP  : Goldman Sachs Adjusts Phillips 66 Partners PT to $40 ..
MT
06/11Goldman Sachs Raises Price Targets on Energy Stocks Amid Boost in Firm's Oil ..
MT
06/11PHILLIPS 66  : Goldman Sachs Boosts Price Target on Phillips 66 to $101 From $97..
MT
06/09PHILLIPS 66 PARTNERS LP  : Mizuho Securities Adjusts Price Target on Phillips 66..
MT
06/09PHILLIPS 66  : Citigroup Adjusts Price Target on Phillips 66 to $126 From $91, R..
MT
06/07PHILLIPS 66  : Change in Directors or Principal Officers (form 8-K)
AQ
06/07PHILLIPS 66  : Departure of Directors of Principal Officers; Election of Directo..
PU
06/07PHILLIPS 66  : Credit Suisse Raises Phillips 66's Price Target to $99 from $95, ..
MT
06/02PHILLIPS 66  : to contribute $250,000 to new Greenwood Rising history center in ..
BU
05/28CVR Energy explores producing sustainable aviation fuel -sources
RE
More news
Financials (USD)
Sales 2021 90 270 M - -
Net income 2021 668 M - -
Net Debt 2021 12 443 M - -
P/E ratio 2021 60,5x
Yield 2021 3,93%
Capitalization 40 328 M 40 328 M -
EV / Sales 2021 0,58x
EV / Sales 2022 0,55x
Nbr of Employees 14 300
Free-Float 67,2%
Chart PHILLIPS 66
Duration : Period :
Phillips 66 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PHILLIPS 66
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 98,19 $
Last Close Price 92,10 $
Spread / Highest target 36,8%
Spread / Average Target 6,61%
Spread / Lowest Target -11,0%
EPS Revisions
Managers and Directors
NameTitle
Greg C. Garland Chairman & Chief Executive Officer
Mark E. Lashier President & Chief Operating Officer
Kevin J. Mitchell Chief Financial Officer & Executive VP-Finance
Zhanna Golodryga Chief Digital & Administrative Officer, Senior VP
Glenn Fletcher Tilton Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
PHILLIPS 6631.68%40 328
EXXON MOBIL CORPORATION56.07%262 776
CHEVRON CORPORATION30.61%208 173
RELIANCE INDUSTRIES LTD13.08%194 777
BP PLC30.57%93 969
CHINA PETROLEUM & CHEMICAL CORPORATION19.60%83 501