Cyclum Partners with Phillips 66 for 2025 Snowball Derby Race
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 49 minutes ago
0mins
Source: Newsfilter
- Brand Collaboration Showcase: Cyclum NextGen Travel Centers will showcase its partnership with Phillips 66 at the 2025 Snowball Derby, with driver Kole Raz representing the 76®Renewable Diesel brand, further strengthening their ongoing relationship.
- First Operational Site Launch: Cyclum's first operational site in Dunnigan, California, is set to open in October 2025, marking the successful initiation of the company's national rollout strategy and laying the groundwork for future expansion.
- National Network Development: Cyclum is actively developing a network of up to 400 next-generation travel centers designed to meet the needs of commercial fleets and everyday travelers, integrating renewable diesel, hydrogen, and EV fast charging solutions.
- Event Impact: The 2025 Snowball Derby promises intense competition with top drivers, and Kole Raz's participation will enhance the excitement of the race while showcasing Cyclum's innovation and performance in the short-track racing arena.
PSX.N$0.0000%Past 6 months

No Data
Analyst Views on PSX
Wall Street analysts forecast PSX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSX is 132.40 USD with a low forecast of 110.00 USD and a high forecast of 162.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast PSX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSX is 132.40 USD with a low forecast of 110.00 USD and a high forecast of 162.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 139.420

Current: 139.420

Neutral
maintain
$170 -> $171
Reason
Piper Sandler raised the firm's price target on Phillips 66 to $171 from $170 and keeps a Neutral rating on the shares. The firm notes the company hosted an investor trip to the Permian Basin this week to highlight the growing scale and potential of its Midstream business, which remains poorly understood and/or underappreciated by investors, despite representing about 40% of EBITDA in 2025E, and approximately $500M of EBITDA growth over the next two years.
Equal Weight
maintain
$132 -> $141
Reason
Barclays raised the firm's price target on Phillips 66 to $141 from $132 and keeps an Equal Weight rating on the shares. The firm adjusted estimates to reflect updated commodities information.
Neutral
maintain
$159 -> $170
Reason
Piper Sandler raised the firm's price target on Phillips 66 to $170 from $159 and keeps a Neutral rating on the shares. The firm notes Q3 results have wrapped and margins remain impressively strong. And while Q3 results were solid, Piper sees Q4 shaping up even better, with capture tailwinds, demand resilient, and margins robust, despite throughput guides suggesting 2.4% increase year-over-year. In the end, the market is clearly tighter than anticipated, and the firm still sees it getting incrementally tighter in 2026, and the futures curve now agrees.
maintain
$150 -> $160
Reason
UBS raised the firm's price target on Phillips 66 to $160 from $150 and keeps a Buy rating on the shares.
About PSX
Phillips 66 is a diversified and integrated downstream energy provider that manufactures, transports and markets products. The Company's Midstream segment provides crude oil and refined petroleum product transportation, terminating and processing services, as well as natural gas and natural gas liquids (NGL) transportation, storage, fractionation, gathering, processing and marketing services. Its Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company LLC, which manufactures and markets petrochemicals and plastics on a worldwide basis. Its Refining segment refines crude oil and other feedstocks into petroleum products, such as gasoline, distillates, including aviation fuels. Its Marketing and Specialties segment purchases for resale and markets refined products, mainly in the United States and Europe. Its Renewable Fuels segment processes renewable feedstocks into renewable products at the Rodeo Renewable Energy Complex and at its Humber Refinery.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.