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Phillips 66 Reports Second-Quarter 2021 Financial Results

Phillips 66 Reports Second-Quarter 2021 Financial Results
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Phillips 66 (PSX) Q1 2021 Earnings Call Transcript

Phillips 66 (PSX) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
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Phillips 66 (NYSE: PSX)
Operator
Welcome to the First Quarter 2021 Phillips 66 Earnings Conference Call. My name is Hilary and I will be your operator for today s call. [Operator Instructions]
I will now turn the call over to Jeff Dietert, Vice President, Investor Relations. Jeff, you may begin.SPONSORED:
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Phillips 66 Partners LP (PSXP) Q1 2021 Earnings Call Transcript

Operator
Welcome to the First Quarter 2021 Phillips 66 Partners Earnings Conference Call. My name is Hilary, and I will be your operator for today s call. [Operator Instructions] Later, we will conduct a question-and-answer session. [Operator Instructions]
I will now turn the call over to Jeff Dietert, Vice President, Investor Relations. Jeff, you may begin.
Jeff Dietert
Vice President of Investor Relations
Good afternoon and welcome to Phillips 66 Partners First Quarter Earnings Conference Call. Participants on today s call will include Kevin Mitchell, Vice President and CFO; Tim Roberts, Vice President and COO and Casey Gorder, General Manager, Operations.
Today s presentation materials can be found on the Events section of the Phillips 66 Partners website, along with supplemental financial and operating information. Slide 2 contains our Safe Harbor statement. We will be looking, making forward-looking statements during today s presentations and our Q& ....

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Oil, Gas, And Fracking News Read 11April 2021

The natural gas storage report from the EIA for the week ending April 2nd indicated that the amount of natural gas held in underground storage in the US rose by 20 billion cubic feet to 1,784 billion cubic feet by the end of the week, which left our gas supplies 235 billion cubic feet, or 11.6% below the 2,019 billion cubic feet that were in storage on April 2nd of last year, and 36 billion cubic feet, or 1.3% below the five-year average of 1,808 billion cubic feet of natural gas that have been in storage as of the 2nd of April in recent years..the 20 billion cubic feet that were added to US natural gas storage this week was less than the average forecast of a 27 billion cubic foot addition from an S&P Global Platts survey of analysts, and was also less than the 30 billion cubic feet added to natural gas storage during the corresponding week of a year earlier, but was well more than the average addition of 8 billion cubic feet of natural gas that have typically been injected into ....

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Oil Prices Post Weekly Loss On Covid Concerns

Friday, April 9th, 2021
Oil prices are set to post a loss this week, following several days of up-and-down trading. The story is the same – a jockeying between market tightness and concerns about demand amid spreading Covid cases and lockdown measures.
Biden admin to decide DAPL’s fate. The Army Corps of Engineers is scheduled to appear in a U.S. court on Friday to decide the fate of the Dakota Access Pipeline. Last year, a court vacated a critical permit issued by the Army Corps during the first days of the Trump administration. The pipeline was allowed to remain online despite lacking the permit, but the court ordered the Army Corps to conduct a more thorough environmental assessment and come up with a new justification for continued operations of the pipeline, or to shut it down. The Army Corps, now under President Biden, has been silent on the issue but will make a decision on Friday. ....

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