PSX News and Press, Phillips 66 From 01/21/21

The S&P energy ETF ([[XLE]] -2.7%) trails in today's sector standings as oil prices fell slightly after industry data showed a surprise increase in U.S. crude inventories.March WTI crude (CL1:COM) -0.7% to $52.95/bbl after the American Petroleum Institute reported U.S. crude supply climbe...

The Environmental Protection Agency yesterday granted three waivers to oil refiners exempting them from biofuel blending obligations in a last-minute move before Pres. Trump leaves office, prompting quick rebuke from ethanol and biodiesel producers.Some 30 waiver requests remain outstanding f...

Analyzing my real-life portfolio's dividend growth for 2020. The markets crashed hard in 2020, but came roaring back to end the year higher. Dividend growth was muted in 2020 with several cuts hurting my portfolio's dividend growth performance. For further details see: D...

Wells Fargo suggests investors move into cyclical sectors from defensives.It upgraded its view on Financials ([[XLF]], +0.7%) and Industrials ([[XLI]], +0.6%) to Favorable from Neutral and Energy ([[XLE]], +1.9%) to to Neutral from Most Unfavorable.Wells Fargo also cut Utilitie...

This article reviews DivGro, my portfolio of dividend growth stocks. I provide a summary of transactions and indicate how those transactions affected DivGro's projected annual dividend income. In December, I closed five positions and reduced another three positions. I used the proceed...

The following slide deck was published by Phillips 66 in conjunction with this event. For further details see: "Phillips 66 (PSX) Presents At Goldman Sachs Global Energy Conference - Slideshow"

Canadian banks are hated and cheap. I'm buying. Tobacco is historically the most profitable industry for shareholders over the long run. Energy stocks are still fairly cheap. My rationales for buying and what stocks I'm using to express my ideas. For further details see:...

FN Media Group Presents Oilprice.com Market Commentary London – January 14, 2021 – Oil discoveries are on the decline, but with prices bouncing back, junior explorers are quickly becoming the talk of the town. Especially those with a presence in Africa, whi...

The U.S. biofuel industry expects the outgoing Trump administration to approve most of the waiver requests it has pending from the oil refining industry for 2019, Reuters reports.The Environmental Protection Agency likely will grant waivers for the 2019 compliance year exempting refiners from...

The renewable energy industry has been growing like crazy for the last decade. It may have gotten some additional fuel with a new administration taking over next week and extended tax subsidies giving at least a two-year boost to wind and solar energy stocks . If the industry keeps grow...