PSX - Latest News

Phillips 66 (PSX), operates in Energy / Oil & Gas Refining & Marketing, trades on NYSE.

Market capitalization stands near $68.89B. Trailing twelve-month P/E ratio is 16.75. Beta to the broader market is 0.69.

The article list below shows the most recent PSX headlines from major financial news vendors. For options traders, the most actionable items are earnings releases, analyst rating changes, M&A activity, and regulatory filings - each can drive a meaningful repricing of implied volatility and shift dealer hedging flow. Pair the news context with the implied-volatility skew and gamma exposure views to see whether the options market has already priced in the headline.

Recent PSX Headlines

Phillips 66: Entering The Next Refining Up-Cycle

seekingalpha.com - May 14, 2026

Phillips 66 is rated Buy, with all business segments generating strong profits and benefiting from a favorable refining upcycle. PSX's operational im

Phillips 66 Appoints Greg Hayes as Lead Independent Director

gurufocus.com - May 13, 2026

Phillips 66 (NYSE: PSX) today announced that the Board of Directors has appointed Greg Hayes to serve as lead independent director, effective immediat

Phillips 66 Appoints Greg Hayes as Lead Independent Director

businesswire.com - May 13, 2026

HOUSTON--(BUSINESS WIRE)--Phillips 66 today announced that the Board of Directors has appointed Greg Hayes to serve as lead independent director, effe

Phillips 66 (PSX) Just Overtook the 50-Day Moving Average

zacks.com - May 11, 2026

Phillips 66 (PSX) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PSX broke throu

Phillips 66: Markets Underappreciate The Durability Of Refining Profitability

seekingalpha.com - May 9, 2026

Phillips 66 is well-positioned for a significant windfall from elevated crack spreads driven by global supply disruptions and the Iran War. Refining

How News Affects PSX Options Pricing

Headlines and scheduled events drive implied volatility in two distinct ways. Pre-event, IV typically inflates as uncertainty about the outcome rises; this is the implied-volatility expansion that creates the long-vol setup. Post-event, IV typically contracts sharply as uncertainty resolves; this is IV crush, which makes premium-selling structures profitable when they survive the underlying move. The size of the crush depends on how stretched pre-event IV is relative to the realized move. Track PSX's implied vs realized volatility over the news cycle to size pre-event vs post-event positioning. For ticker-level dealer positioning context, the gamma exposure view shows whether dealers are positioned to amplify or dampen post-news moves.

Frequently asked PSX news questions

What is the latest PSX news headline?

The most recent PSX headline (May 14, 2026) is "Phillips 66: Entering The Next Refining Up-Cycle". The five most recent stories with summaries and publication times are listed above, sourced from major financial news vendors.

How fresh is the PSX news on this page?

News rows refresh roughly every 30 minutes during the trading day. The five most recent headlines are listed in publication-time order. Press releases from the company itself typically appear within minutes of the wire release; third-party reporting may lag by 30-60 minutes depending on the source.

What PSX news moves options pricing?

Three categories move single-name IV most aggressively: scheduled earnings releases (priced into pre-event IV, crushed post-event), unscheduled M&A or strategic announcements (rapid IV expansion, slower decay), and regulatory or legal events (drug-trial readouts, antitrust filings, FDA approvals). Routine news flow (analyst commentary, sector rotation) typically does not move IV meaningfully unless it triggers a cluster of rating changes.

How can I track unusual PSX options activity related to news?

Unusual options activity often precedes news by hours to days; the canonical signals are volume substantially above the trailing average concentrated in a small number of strikes, atypical put/call skew, and aggressive execution (at-the-ask sweeps or block prints). Cross-reference the per-ticker gamma-exposure and volume-history pages with the news flow above to triangulate informed vs uninformed flow.