Phillips 66 Expects Refineries' Crude Oil Utilization To Be In The Low 90% Range In Q3
Portfolio Pulse from Benzinga Newsdesk
Phillips 66 expects its refineries' crude oil utilization to be in the low 90% range in Q3, indicating strong operational performance.
July 30, 2024 | 4:39 pm
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Phillips 66 expects its refineries' crude oil utilization to be in the low 90% range in Q3, indicating strong operational performance.
The expected high utilization rate of Phillips 66's refineries suggests strong demand and efficient operations, which is likely to positively impact the company's revenues and stock price in the short term.
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