Phillips 66 said to weigh idling badly damaged Alliance refinery

seekingalpha2021-09-14

Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in Louisiana, more than two weeks after Hurricane Ida made landfall on the Gulf coast. The damage to ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Tinktink
2021-09-14
Tinktink
Thanks
- Sing2me:
  Like
SSVC
2021-09-14
SSVC
Ok Appreciate your comments and response Thanks
NRN
2021-09-14
NRN
Cut loss
- WendyGoh:
  Cut

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1198900129?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-09-14 10:10","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"1198900129","market":"us","top_or_hot":-1,"title":"Phillips 66 said to weigh idling badly damaged Alliance refinery","media":"seekingalpha","content":"<div>\n<p>Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in Louisiana, more than two weeks after Hurricane Ida made landfall on the Gulf coast.\nThe damage to ...</p>\n\n<a href=\"https://seekingalpha.com/news/3739364-phillips-66-said-to-weigh-idling-badly-damaged-alliance-refinery\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Phillips 66 said to weigh idling badly damaged Alliance refinery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPhillips 66 said to weigh idling badly damaged Alliance refinery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 10:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3739364-phillips-66-said-to-weigh-idling-badly-damaged-alliance-refinery><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in Louisiana, more than two weeks after Hurricane Ida made landfall on the Gulf coast.\nThe damage to ...</p>\n\n<a href=\"https://seekingalpha.com/news/3739364-phillips-66-said-to-weigh-idling-badly-damaged-alliance-refinery\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PSX","symbol_name":"Phillips 66","start_time":0,"source_url":"https://seekingalpha.com/news/3739364-phillips-66-said-to-weigh-idling-badly-damaged-alliance-refinery","article_id":"1198900129","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1198900129","pubTimestamp":1631585415,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PSX":"Phillips 66"},"translate_title":"菲利普斯66称重空转严重受损的联盟炼油厂","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PSX":0.9},"content_text":"Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in Louisiana, more than two weeks after Hurricane Ida made landfall on the Gulf coast.\nThe damage to the 250K bbl/day refinery from the storm is so severe that repairs may be too costly, and Phillips 66 is uncertain whether to invest in extensive repairs or idle the plant, Bloomberg reports.\nA 9-ft. wall of water punched a hole in the refinery's protective levee and inundated the plant.\nPhillips says it does not yet have any operational update or timeline for restarting the facility as post-storm assessments continue.\nArgus reports three other Louisiana refineries also remain out of commission: Royal Dutch Shell's (RDS.A,RDS.B) 250K bbl/day Norco facility and Valero's(NYSE:VLO)two plants along the Mississippi River, the 215K bbl/day St. Charles refinery and the 135K bbl/day Meraux refinery.\nJust days before the hurricane hit, Phillips 66 said it would look to sell the Alliance refinery as part of its push toward a lower-carbon business.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":886664418,"gmtCreate":1631586925234,"gmtModify":1676530583068,"author":{"id":"3583431682924843","authorId":"3583431682924843","name":"Tinktink","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3583431682924843","authorIdStr":"3583431682924843"},"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/886664418","repostId":1198900129,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5861432,"gmtCreate":1631587637518,"gmtModify":1663233849535,"authorId":3571448024288156,"author":{"id":3571448024288156,"idStr":"3571448024288156","authorId":3571448024288156,"name":"Sing2me","avatar":"https://static.tigerbbs.com/f485854808e05893440cba75ca2a8b6a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":886664418,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"EN"},{"id":886662053,"gmtCreate":1631586765772,"gmtModify":1676530582998,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"Ok Appreciate your comments and response Thanks&nbsp;","listText":"Ok Appreciate your comments and response Thanks&nbsp;","text":"Ok Appreciate your comments and response Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886662053","repostId":1198900129,"repostType":4,"repost":{"id":"1198900129","pubTimestamp":1631585415,"share":"https://ttm.financial/m/news/1198900129?lang=&edition=fundamental","pubTime":"2021-09-14 10:10","market":"us","language":"en","title":"Phillips 66 said to weigh idling badly damaged Alliance refinery","url":"https://stock-news.laohu8.com/highlight/detail?id=1198900129","media":"seekingalpha","summary":"Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in ","content":"<ul>\n <li>Phillips 66(NYSE:PSX)reportedly&nbsp;continues to struggle to remove water&nbsp;from its Alliance refinery in Louisiana, more than two weeks after Hurricane Ida made landfall on the Gulf coast.</li>\n <li>The damage to the 250K bbl/day refinery from the storm is so severe that&nbsp;repairs may be too costly, and Phillips 66 is uncertain whether to invest in extensive repairs or idle the plant, Bloomberg reports.</li>\n <li>A 9-ft. wall of water punched a hole in the refinery's protective levee and inundated the plant.</li>\n <li>Phillips says it does not yet have any operational update or timeline for restarting the facility as post-storm assessments continue.</li>\n <li>Argus reports three other Louisiana refineries also remain out of commission:&nbsp;Royal Dutch Shell's (RDS.A,RDS.B) 250K bbl/day Norco facility and Valero's(NYSE:VLO)two plants along the Mississippi River, the 215K bbl/day St. Charles refinery and the 135K bbl/day Meraux refinery.</li>\n <li>Just days before the hurricane hit, Phillips 66 said it would&nbsp;look to sell the Alliance refinery as part of its push toward a lower-carbon business.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Phillips 66 said to weigh idling badly damaged Alliance refinery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPhillips 66 said to weigh idling badly damaged Alliance refinery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 10:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3739364-phillips-66-said-to-weigh-idling-badly-damaged-alliance-refinery><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in Louisiana, more than two weeks after Hurricane Ida made landfall on the Gulf coast.\nThe damage to ...</p>\n\n<a href=\"https://seekingalpha.com/news/3739364-phillips-66-said-to-weigh-idling-badly-damaged-alliance-refinery\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PSX":"Phillips 66"},"source_url":"https://seekingalpha.com/news/3739364-phillips-66-said-to-weigh-idling-badly-damaged-alliance-refinery","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1198900129","content_text":"Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in Louisiana, more than two weeks after Hurricane Ida made landfall on the Gulf coast.\nThe damage to the 250K bbl/day refinery from the storm is so severe that repairs may be too costly, and Phillips 66 is uncertain whether to invest in extensive repairs or idle the plant, Bloomberg reports.\nA 9-ft. wall of water punched a hole in the refinery's protective levee and inundated the plant.\nPhillips says it does not yet have any operational update or timeline for restarting the facility as post-storm assessments continue.\nArgus reports three other Louisiana refineries also remain out of commission: Royal Dutch Shell's (RDS.A,RDS.B) 250K bbl/day Norco facility and Valero's(NYSE:VLO)two plants along the Mississippi River, the 215K bbl/day St. Charles refinery and the 135K bbl/day Meraux refinery.\nJust days before the hurricane hit, Phillips 66 said it would look to sell the Alliance refinery as part of its push toward a lower-carbon business.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":886681486,"gmtCreate":1631585673545,"gmtModify":1676530582649,"author":{"id":"3563581390514944","authorId":"3563581390514944","name":"NRN","avatar":"https://static.tigerbbs.com/3561ad0f76bae7ec1e64062bc70f0207","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3563581390514944","authorIdStr":"3563581390514944"},"htmlText":"Cut loss","listText":"Cut loss","text":"Cut loss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/886681486","repostId":1198900129,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5860959,"gmtCreate":1631585734280,"gmtModify":1663233847038,"authorId":3581650882917100,"author":{"id":3581650882917100,"idStr":"3581650882917100","authorId":3581650882917100,"name":"WendyGoh","avatar":"https://static.tigerbbs.com/aeb2b50cab4602df1e5f3c2c1880a1f6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":886681486,"type":1,"supId":0,"prevId":0,"content":"Cut","text":"Cut","html":"Cut"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":47,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1198900129"}