PSX News and Press, Phillips 66 From 03/07/23

2023-03-07 10:00:00 ET Summary There are 17 stocks on my high-yield watchlist for March 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks would have outpaced the Vanguard High Yield Di...

Phillips 66® Honors Two Oklahoma City Educators at Big 12 Basketball Championships PR Newswire Live to the Full Heroes ™ program shines spotlight on educators going above and beyond in their communities HOUSTON , March 7, 2023 /PRNewsw...

2023-03-06 06:38:50 ET Summary PEO, the Adams Natural Resources Fund (formerly Petroleum & Resources), is a closed-end fund that currently sells at a 15.8% discount to NAV. The problem here is that PEO has historically always traded at a substantial discount. Meantime, the...

Summary Cash is yielding over 4%, so a dividend growth investor can afford to be patient. February marked the first monthly decline in projected income since 2016 due to dividend cuts. Healthcare and staples are getting left out of the market rally and are presenting some interestin...

Phillips 66 (PSX) Bank of America Securities 2023 Refining Conference March 02, 2023 12:00 PM ET Company Participants Jeff Dietert - VP, IR Rich Harbison - SVP, Refining Conference Call Participants Doug Leggate - Bank of America Kalei Akamine - Bank of Ame...

Interest rates are on the rise as inflation expectations continue to climb. The 10-year Treasury yield ( US10Y ) ( TBT ) ( TLT ) topped 4% intraday on Wednesday for the first time since November. The 2-year yield ( US2Y ) ( SHY ) hit 4.9%, setting a new post-2007 high. ...

Energy ( NYSEARCA: XLE ) led the S&P's 11 sector groups Wednesday, recouping the previous session's entire loss, as crude oil prices closed higher in a volatile session with traders sorting out the latest report on U.S. oil supplies and economic data from China. The Energy Informa...

Summary Delek US Holdings, Inc. reported fairly solid Q4 2022 results, although the market does not appear to agree. The company's refining operation benefited from wide crack spreads, which are likely to continue to benefit it over the near term. The company's midstream partnership...

The U.S. Environmental Protection Agency said Wednesday it will propose a rule allowing sales of gasoline with a higher ethanol blend in some Midwest states, starting with the summer 2024 driving season. Some governors from corn-producing Midwestern states had asked the EPA to stop giving...

Summary Chevron held its Investor Day this morning (Tuesday, March 28) and shared why it believes the company is a compelling investment opportunity. In a nutshell, CVX believes it can continue delivering excellent shareholder returns by leveraging its advantaged portfolio, strong balan...