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PSX News and Press, Phillips 66 From 02/19/21

Stock Information

Company Name: Phillips 66
Stock Symbol: PSX
Market: NYSE
Website: phillips66.com

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PSX - FENY: A Reopening Thesis

Energy (ex-clean energy) has been the worst sector of the market for so long, many investors have simply written it off. Yet as the polar-vortex descended on Texas, and as the global economy recovers, investors are reminded of the strategic importance of oil and gas. Longer term, ...

PSX - Can Midstream/MLPs Be A Green Investment?

Many probably underappreciate the role that traditional oil and gas companies have in addressing climate problems and providing solutions. For the foreseeable future, natural gas and natural gas liquids are going to have an important role to play in reducing global emissions as a repl...

PSX - Dividend Challenger Highlights: Week Of February 14

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Challenger Highlights: Week Of February 14

PSX - There Are Bubbles But Cash Is Not The Place To Be, Here Are 10 Stocks To Buy Now

Bubbles seem to be everywhere in this market, from IPOs, to SPACs, to crypto, and other assets that are simply expensive, like long-duration bonds and popular stocks. But the solution to this situation isn't to hold excessive amounts of cash. In this article I share over 10 qualit...

PSX - Marathon Petroleum: Polar Vortex A Gift Prior To Closing The Speedway Deal

It feels odd to write about an old-school oil refiner in an era of Tesla, Bitcoin, ESG, and renewable energy. But the fact is, the vast majority of the US car-and-truck fleet still runs on gasoline and diesel, and refiners are critical in supplying fuel. For Marathon, the biggest ...

PSX - Exxon Mobil Stock: Buy, Sell, Or Hold

Exxon Mobil's 7+ percent dividend looks safe with the recent rise in oil. XOM stock isn't as cheap as it was in November, but the energy sector is still unloved with room to run up further. How you should think about Exxon's valuation. For further details see: Exxon Mobi...

PSX - Marathon Petroleum: Challenging Year 2020

Marathon Petroleum reported an adjusted loss of $0.94 per share, which beat analysts' expectations. The company anticipates its Speedway business's sale to a Japanese retail group, 7-Eleven, to close by Mar. 31, 2021. MPC is a good long term investment, but the stock seems a bit r...

PSX - Why Exxon Mobil Is A Buy Despite Mixed Earnings

XOM has had its most challenging year ever; we think that economic indicators and trends in commodities suggest these doldrums are ending. Exxon's $19 billion write-down was actually part of a strategic shift in its upstream strategy that will ultimately benefit shareholders. Exxo...

PSX - 3 Cheap Energy Stocks to Buy Right Now

In overvalued markets, finding bargain-priced stocks can be particularly difficult. But there are many hidden gems right now if you know where to look. Energy sector stocks, in particular, look attractive. Rising prices for crude oil over the last three months have given a boost to some of ...

PSX - Phillips 66 Earns Perfect 100 on 2021 Corporate Equality Index

The company is designated one of the Best Places to Work for LGBTQ Equality in the Human Rights Campaign Foundation’s annual assessment. Phillips 66 (NYSE: PSX) today announced it has received a perfect score of 100 on the Corporate Equality Index, the nation's foremo...

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