Phillips 66 CEO Says Rodeo Renewed Expects To Run 50,000 Barrels/Day By End Of Month
Portfolio Pulse from Benzinga Newsdesk
Phillips 66 CEO announced at the JP Morgan Conference that the Rodeo Renewed project is expected to run 50,000 barrels per day by the end of the month.
June 18, 2024 | 3:21 pm
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Phillips 66's Rodeo Renewed project is expected to achieve a production rate of 50,000 barrels per day by the end of the month, as announced by the CEO at the JP Morgan Conference.
The announcement indicates a significant increase in production capacity for Phillips 66, which is likely to positively impact their revenues and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100