PSX News and Press, Phillips 66 From 01/23/23

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With uncertainty baked into the possibilities for the new year, investors may want to shift their focus toward the best dividend stocks to buy. Now, don’t misinterpret what I’m trying to say: it’s not that ...

Summary Operational optimization continues. It takes several years to realize the full potential of a large acquisition like Husky. The strategy to reduce exposure to WCS should continue into the future. More acquisitions to continue to grow are likely. The Superior Refinery...

Summary Delek US Holdings, Inc. is a downstream energy company that operates in Texas and the surrounding states. Downstream companies can be useful hedges for portfolios that contain many upstream companies because they benefit from low crude oil prices. Delek might have some near-...

In a brutal year for stocks outside the oil and gas patch, Phillips 66 (NYSE: PSX) proved the value of diversification in 2022, with its shares gaining 44% over the year. Add in the company's generous -- and secure -- dividend, and shareholders enjoyed 49.6% in total returns. Those re...

Phillips 66 ( NYSE: PSX ) said it has extinguished a fire Tuesday at its Borger refinery complex in west Texas, and six people have been taken to area hospitals with injuries ; the cause of the incident is under investigation. The 149K bbl/day refinery, which processes mostly medi...

Summary Later this year, likely in Q4, the long-awaited Trans Mountain pipeline expansion project will come online. The stocks of big oil sands producers - like Cenovus - will benefit. The pipeline will add 590,000 bpd of long-overdo and badly needed oil sands pipeline exit capacity. ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although information from the Dec. Consumer Price Index may seemingly bode well for costs-of-living dynamics, inflation-fighting stocks to buy is still a good idea. For one thing, it’s probably not wise to make wholesa...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips While your golden years might be decades away, it’s never too early to plan ahead, particularly with cheap retirement stocks to buy now. Usually, the basic formula for retirement plays focuses on fiscal stability, reliab...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips No matter what the market conditions are, the hottest ETFs to buy will almost always make sense for investors. Fundamentally, these exchange-traded funds cover a basket of securities, thereby mitigating risk while enjoying broa...

Summary IGA generated a strong yield and has been able to achieve its objective of generating stable current income. The average annual total return also is quite high. IGA invests in stocks in ICT, financial, industrial, and healthcare sectors. These sectors in my view have maximum gro...