Lobbying Update: $940,000 of PHILLIPS 66 lobbying was just disclosed

$940,000 of PHILLIPS 66 lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.

This included lobbying on issues like:

"Renewable Fuels Standard RVO Annual Rule 2023, 2024, and 2025; Proposed Rule; Multi-Pollutant Emissions Standards for Model Years 2027 and Later Light-Duty, Medium-Duty Vehicles; Proposed Rule; Greenhouse Gas Emissions Standards for Heavy-Duty Engines and Vehicles-Phase 3; Proposed Rule; Midwest Governors RVP Request; Proposed Rule; S. 785, Consumer Fuel Retailer Choice Act; H.R. 1608, Consumer Fuel Retailer Choice Act; H.R. 1435, Preserving Choice in Vehicle Purchases Act; H.R. 1481, CRUDE Act; H.R. 3337, The Fuels Parity Act; S. 2707, Nationwide Consumer and Fuel Retainer Choice Act; H.R. 4821, The Department of Interior, Environment, and Related Agencies Appropriations Act; H.R. 4468, the Choice in Automobile Retail Sales Act of 2023; S. 4072, A bill to prohibit the use of funds to implement, administer, or enforce certain rules of the Environmental Protection Agency (EPA); H.J. Res. 136, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Multi-Pollutant Emissions Standards for Model Years 2027 and Later Light-Duty and Medium-Duty Vehicles"; H.J. Res. 133, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Greenhouse Gas Emissions Standards for Heavy-Duty Vehicles-Phase 3"; S.J. Res. 75, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Multi-Pollutant Emissions Standards for Model Years 2027 and Later Light-Duty and Medium-Duty Vehicles; S.J. Res. 74, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Greenhouse Gas Emissions Standards for Heavy-Duty Vehicles-Phase 3"; *draft* H.J. Res relating to Congressional Review Act resolutions applicable to National Highway Traffic Safety Administrations Corporate Average Fuel Economy Standard; Issues relating to renewable feedstock availability; Hurricane preparedness discussions; H.R. 10545, American Relief Act, 2025
Support for CO2 capture and storage projects, industrial decarbonization, hydrogen hub projects, 45Q tax credit, battery projects; H.R. 1, Lower Energy Costs Act; H.R. 1155, Keeping Americas Refineries Act; H.R. 7023, the Nationwide Permitting Improvement Act; H.R. 7023, Creating Confidence in Clean Water Permitting Act; H.R. 1152, Water Quality Certification and Energy Project Improvement Act of 2023 *draft* House Energy and Water appropriations bill for FY 2025 (Section 111) EPA Accidental Release Prevention Requirements: Risk Management Programs Under the CAA; Safer Communities by Chemical Accident Prevention Proposed Rule; S. 1449, RESTART Act; *draft* Promoting Efficient and Engaged Reviews Act of 2023 (PEER); Standards of Performance for New, Reconstructed, and Modified Sources and Emissions Guidelines for Existing Sources: Oil and Natural Gas Sector Climate Review; National Environmental Policy Act Implementing Regulations Revisions Phase 2; Pipeline Safety: Gas Pipeline Leak Detection and Repair; Greenhouse Gas Reporting Rule: Revisions and Confidentiality Determinations for Petroleum and Natural Gas Systems; Methane Emissions Reduction Program (MERP); Waste Emissions Charge Rule; *draft* House and Senate Resolutions to provide for disapproval of the Waste Emission Charge Rule for Petroleum and Natural Gas Systems; S. 4753, Energy Permitting Reform Act
H.R. 515, Protecting American Savers and Retirees Act; H.R. 2406, To amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made, and for other purposes; H.R 976, TCJA Permanency Act; H.R. 1, Lower Energy Costs Act; H.R. 2811, Limit, Save, Grow Act of 2023, Arrington Amendment; Issues pertaining to implementation of the Inflation Reduction Act, specifically hydrogen, sustainable aviation fuel (40B, 45Z) and electric vehicles (30D, 45X); H.R. 7024, Tax Relief for American Families and Workers Act of 2024; Engagement with House Ways and Means Committee Tax Teams (no formal legislation); H.R. 10033, Expanding Clean Fuel Production Act of 2024
DOD Federal Acquisition Regulation: Disclosure of GHG Emissions and Climate-Related Financial Risk Proposed Rule
Draft legislation to reauthorize PHMSA; H.R. 7655, Pipeline Safety, Modernization, and Expansion Act of 2024; H.R. 6494, the Promoting Innovation in Pipeline Efficiency and Safety (PIPES) Act of 2023; Support for offshore oil port permit application
H.R. 4470, Protecting and Security Chemical Facilities from Terrorist Attacks Act of 2023; S. 2178, Protecting and Security Chemical Facilities from Terrorist Attacks Act of 2023"

You can find more data on corporate lobbying on Quiver Quantitative.

PSX Congressional Stock Trading

Members of Congress have traded $PSX stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $PSX stock by members of Congress over the last 6 months:

• REPRESENTATIVE GREG LANDSMAN sold up to $50,000 on 10/15.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

PSX Insider Trading Activity

PSX insiders have traded $PSX stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $PSX stock by insiders over the last 6 months:

• KEVIN J MITCHELL (Exec. VP and CFO) sold 30,000 shares for an estimated $4,170,411

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

PSX Hedge Fund Activity

We have seen 707 institutional investors add shares of PSX stock to their portfolio, and 818 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• WELLINGTON MANAGEMENT GROUP LLP removed 8,619,165 shares (-67.3%) from their portfolio in Q3 2024, for an estimated $1,132,989,239
• MIZUHO SECURITIES USA LLC added 2,467,316 shares (+7549.0%) to their portfolio in Q3 2024, for an estimated $324,328,688
• FMR LLC removed 2,403,523 shares (-42.8%) from their portfolio in Q3 2024, for an estimated $315,943,098
• BOSTON PARTNERS removed 1,866,361 shares (-38.4%) from their portfolio in Q3 2024, for an estimated $245,333,153
• BALYASNY ASSET MANAGEMENT L.P. added 1,511,107 shares (+inf%) to their portfolio in Q3 2024, for an estimated $198,635,015
• DEUTSCHE BANK AG\ added 1,428,739 shares (+154.7%) to their portfolio in Q3 2024, for an estimated $187,807,741
• HARRIS ASSOCIATES L P added 1,347,791 shares (+16.0%) to their portfolio in Q3 2024, for an estimated $177,167,126

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.