Phillips 66 (PSX) Boosts Capex Plan, Announces $2B Buyback
July 10, 2014 at 10:11 AM EDT
Phillips 66 (PSX) said Wednesday that its board authorized $3.9 billion in capexs this year, an increase of $1.2 billion to the previously approved budget of the energy manufacturing and logistics company. The Houston, Texas-based firm said the increase is designed to accelerate development of a liquid petroleum gas export terminal and fund some of […] View the full post at: Phillips 66 (PSX) Boosts Capex Plan, Announces $2B Buyback Related posts: Microsoft, Hewlett-Packard Increase Stock Buybacks Chindia Carrier Capex On The Rise Wells Fargo Completes Repayment of TARP Funds
