Phillips 66 CFO Says Co's Rodeo Facility Saw A $180M Loss In Q1
Portfolio Pulse from Benzinga Newsdesk
Phillips 66's CFO reported a $180M loss for its Rodeo facility in Q1 during a conference call.
April 26, 2024 | 4:37 pm
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NEGATIVE IMPACT
Phillips 66's Rodeo facility reported a significant $180M loss in the first quarter.
The reported $180M loss at the Rodeo facility is a significant financial setback for Phillips 66, likely leading to negative investor sentiment and potential short-term stock price decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90