Previous Close | 131.40 |
Open | 132.64 |
Bid | 132.45 x 800 |
Ask | 0.00 x 800 |
Day's Range | 131.95 - 133.06 |
52 Week Range | 107.85 - 174.08 |
Volume | |
Avg. Volume | 2,680,244 |
Market Cap | 55.381B |
Beta (5Y Monthly) | 1.32 |
PE Ratio (TTM) | 11.35 |
EPS (TTM) | 11.66 |
Earnings Date | Oct 29, 2024 |
Forward Dividend & Yield | 4.60 (3.50%) |
Ex-Dividend Date | Nov 18, 2024 |
1y Target Est | 147.49 |
Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing market concerns. The company said it will remain operating in the state. “With the long-term sustainability of our Los Angeles Refinery uncertain and affected by market dynamics, we are working with leading land development firms to evaluate the future use of our unique and strategically located properties near the Port of Los Angeles,” CEO Mark Lashier said in a statement.
The oil refiner said the unit’s long-term sustainability is uncertain and affected by market dynamics.