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home / news releases / PSX - Phillips 66: A Possible Bright Spot In The Beat Up Energy Sector


PSX - Phillips 66: A Possible Bright Spot In The Beat Up Energy Sector

With the end of the year quickly approaching, portfolio reviews and tax planning are coming to the forefront of most investors' minds. This is the time of year I look to harvest losses to offset gains in other areas and replace the underperforming assets with similar companies if I still maintain my bullish bias on that sector of the market. The energy sector ([[XLE]] - SPDR Energy ETF) has been a drag on the market as a whole this year, being down -25.49% through Monday's (12/24/2018) close. Furthermore, Light Sweet Crude Oil Futures are down

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Stock Information

Company Name: Phillips 66
Stock Symbol: PSX
Market: NYSE
Website: phillips66.com

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