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Friday, July 13, 2012 2:19:59 PM
As soon as the spinoff was announced, I immediately wondered which stake would increase over time. My expectation was that future money would go into PSX. I also envisioned a decrease in COP if total funds invested were purely reallocated.
COP has to allocate capital to find more oil and gas. PSX is more of a "toll bridge".
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
Recent PSX News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/17/2024 11:00:29 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/16/2024 09:17:01 PM
- Phillips 66 provides notice of its plan to cease operations at Los Angeles-area refinery • Business Wire • 10/16/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/15/2024 01:04:31 PM
- Ericsson Shares Surge 7% on Strong Earnings, Nvidia Drops 2%, Google Invests in Nuclear Power for AI • IH Market News • 10/15/2024 09:46:33 AM
- Phillips 66 announces agreement to sell interest in Switzerland-based joint venture • Business Wire • 10/14/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/11/2024 10:05:07 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 10/11/2024 09:44:46 PM
- Phillips 66 Announces Quarterly Dividend • Business Wire • 10/11/2024 08:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/11/2024 01:04:58 PM
- Phillips 66 Appoints Grace Puma Whiteford to Board of Directors • Business Wire • 10/11/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/01/2024 08:05:59 PM
- Phillips 66 to Announce Third-Quarter Financial Results • Business Wire • 09/12/2024 08:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 09:02:35 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 09/10/2024 09:23:11 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 09/09/2024 09:22:25 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/09/2024 12:49:07 PM
- Qualcomm Develops Mixed Reality Glasses; Verizon to Boost Dividend, Eyes Acquisition; Samsonite Plans US Dual Listing • IH Market News • 09/05/2024 10:11:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 08:57:20 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/15/2024 08:20:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/30/2024 02:26:05 PM
- Strategy Execution and Strong Operations Drive Phillips 66 Second-Quarter Results • Business Wire • 07/30/2024 11:00:00 AM
- Phillips 66 Announces Quarterly Dividend • Business Wire • 07/10/2024 08:30:00 PM
- Phillips 66 Achieves Full Production Rates of Renewable Fuel • Business Wire • 06/26/2024 12:30:00 PM
- Phillips 66 releases 2024 Sustainability and People Report • Business Wire • 06/20/2024 12:45:00 PM
SANUWAVE Announces Reverse Stock Split, Note and Warrant Exchange, and PIPE Offering • SNWV • Oct 18, 2024 9:31 AM
Vocodia Addresses Recent Stock Price Movement and Future Strategic Partnerships • VHAI • Oct 18, 2024 9:00 AM
Mass Megawatts Announces the Start of an Online Discount Solar Energy Equipment Business with Revenue Recognized for the First Time Since Year 2010 in this Fiscal Quarter • MMMW • Oct 18, 2024 7:32 AM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM