Phillips 66 eyes asset sales totaling $3B, updates strategic priorities with Q3 earnings
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Houston-based Phillips 66 (NYSE: PSX) saw its stock price climb back into positive territory on Oct. 27 after reporting third-quarter earnings that missed analysts’ expectations. The rebound came amid news that the company is considering selling over $3 billion in noncore assets, among other updates to strategic priorities Phillips 66 announced in its Q3 earnings report.
