Phillips 66 (PSX)

Company: Phillips 66 (PSX)

*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.

Company Profile: Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins. -Morningstar.com-

Symbol: PSX

Recent Price: $134.58

Dividends: $4.60

Yield: 3.42%

Sector: Energy

Industry: Oil & Gas Refining & Marketing

Address & Company Phone #: 2331 CityWest Blvd. Houston TX 77042, 281-293-6600

Transfer Agent: Computershare 866-437-0009

Moody’s Rating: A3

Minimum & Maximum Investment: $25 – $120,000/year

Investment Dates: Weekly

Shares to Qualify: 1 Share or $250

Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: Sells: by Mail, Phone or Internet for $15+12¢/sh.

52 Week High & Low: $149.52, $89.74

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