PSX News and Press, Phillips 66 From 01/26/24

2024-01-26 15:00:55 ET More on SPDR S&P 500 ETF Trust SPY: Black Swan Hiding In Plain Sight 2024 Analyst Outlook: Jussi Askola On Being Selective With REITs, Dividend Investing SPY Is At Its Highest Risk Level (Technical Analysis) Investors withdraw capit...

2024-01-25 15:35:49 ET More on Phillips 66 Phillips 66: Analyzing Activist Elliot Management's $200 Price Target Phillips 66: Crack Level Normalization Expected In 2024 Phillips 66: An Equity-Rich Refiner Facing Earnings Headwinds Read the full article on S...

2024-01-24 14:41:30 ET Summary Activist investor group Elliot Management invested $1 billion in Phillips 66 and claims its plan can unleash significant shareholder value. Elliot points out that PSX has significantly lagged behind its refining peers like Valero and Marathon Petrole...

2024-01-22 23:30:00 ET Summary During the first three quarters of 2023, Q4 earnings growth expectations remained stable. From an earnings growth contribution perspective, seven sectors have positive earnings contributions while four sectors have negative earnings contributions. ...

2024-01-21 15:00:00 ET Summary Warren Buffett's Berkshire Hathaway has been aggressively investing in the energy sector recently. We examine why Buffett is so bullish on energy. We then share the implications for XLE and whether or not it is a good way to invest in the energy ...

2024-01-19 19:35:29 ET More on crude oil U.S. Oil Production Just Hit An All-Time High: A Harbinger Of Short-Term Pain Don't Be Distracted By Year-End Oil Data, Look Ahead Crude Oil's Ever-Changing Dynamics And Sounds For further details see: Oil up for t...

2024-01-18 16:48:18 ET More on Phillips 66 Phillips 66: Crack Level Normalization Expected In 2024 Phillips 66: An Equity-Rich Refiner Facing Earnings Headwinds Phillips 66 Has A Lot More In Store For 2024 For further details see: Phillips 66's Rodeo Rene...

2024-01-12 12:19:52 ET Summary My dividend growth portfolio has consistently grown income in excess of 10% annually. However, the risks of dividend cuts are building. A review of the portfolio's positions and sector weighting and discuss how they have changed over time. I disc...

2024-01-11 05:58:51 ET Summary Phillips 66 might benefit from the conflict in the Middle East, and US refineries become a replacement for the disrupted diesel supply. We reported our pushback on Elliott's investment, with a downside protection on the disposal plan. Neutral rat...

2024-01-10 18:28:24 ET Summary Phillips 66 is given a Hold rating, which is more cautious than the bullish consensus. Double-digit top and bottom line declines in Q3, as we await Q4 results in a few weeks. The share price is at a double-digit premium vs. the long-term moving a...