Phillips 66 (PSX) has an average rating of overweight and mean price target of $187, according to analysts polled by FactSet.
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Ades Holding (SASE:2382) secured a contract worth 180.7 million Saudi riyals from Belbop Nigeria to deliver its Main Pass IV standard jack-up rig.The one-year firm contract has an additional one-year unpriced option, according to a Wednesday release by the drilling services company. Rig operations will start in the third quarter.
Neste (NESTE.HE) said Wednesday it has completed its tender offer for notes due 2028, 2029, and 2030.The Finnish oil refiner detailed the pricing of its 500 million-euro 0.75% green notes due March 25, 2028, 500 million-euro 3.875% green bonds due March 16, 2029, and 700 million-euro 3.75% green bonds due March 20, 2030.The settlement date is set on May 18.