PSX News and Press, Phillips 66 From 10/14/23

2023-10-14 06:30:00 ET Summary We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by...

2023-10-13 14:56:28 ET More on Phillips 66 Phillips 66: Crack Spread Decline Lowers EPS Estimate By Over Two-Thirds Dive Into Dividends: 14 Must-Have Stocks When Markets Dip Phillips 66: As Good As It Gets For further details see: California judge blocks ...

2023-10-13 09:22:04 ET The energy sector ( NYSEARCA: XLE ) finally achieved momentum, rising 11% in the third quarter after struggling to lock in gains during the first half of the year. The S&P 500 Energy Index (SP500-1010) witnessed growth in Q3 after falling 2% in...

2023-10-11 09:00:00 ET Oil prices have been strong all year. In fact, West Texas Intermediate (WTI) prices, the U.S. benchmark, are right around $85 per barrel. And natural gas prices are also recovering from their spring and summer lows. Yet, the energy sector is down 2% year-to-date, shar...

2023-10-10 17:21:46 ET Summary The 4 factor high yield strategy aims to automate the stock selection process, and offer a blend of the simplicity of ETFs with exposure to individual stocks. Thus far the strategy has generated promising results, with 60% to 80% success rates when m...

2023-10-10 12:27:38 ET Summary There are 20 stocks on my high yield watchlist for October 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks underperformed the Vanguard High Yield Divid...

2023-10-09 18:23:44 ET Summary Investors in corporate spinoffs have historically outperformed the market by unlocking hidden value and taking advantage of investor constraints and biases. However, recent spinoffs have underperformed due to an increased prevalence of companies isol...

2023-10-04 13:12:47 ET Summary Refinery stocks, including Phillips 66, outperformed the energy sector during Q1 and Q2 due to the rise in gasoline prices compared to crude oil. The recent sharp decline in the crack spread, a measure of refinery profit margins, suggests much lower ...

2023-10-04 12:15:11 ET Energy ( NYSEARCA: XLE ) is by far the worst S&P sector performer in Wednesday's trading, -3.1% , pressured by the recent pullback in crude oil prices to the lowest in four weeks. Crude oil fell early following news that Saudi Arabia, as expected...

2023-10-03 18:00:00 ET Summary When aiming to reach a diversified investment portfolio with a reduced risk level, I suggest reaching a balanced mix between high dividend yield and dividend growth companies. High dividend yield companies can be an attractive extra source of income,...