Phillips 66

PSX-N

NYSE:PSX

51.62
0.10 (0.19%)
The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. It debuted as an independent energy company when ConocoPhillips executed a spin-off of its downstream and midstream assets.
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Analysis and Opinions about PSX-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
March 16, 2020
(A Top Pick Feb 11/19, Down 46%) The problem in calling a bottom in oil is what's going to happen to oil's earnings. See what happens in the market for a while, before deciding what to do with this.
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Phillips 66 (PSX-N)
March 16, 2020
(A Top Pick Feb 11/19, Down 46%) The problem in calling a bottom in oil is what's going to happen to oil's earnings. See what happens in the market for a while, before deciding what to do with this.
TOP PICK
TOP PICK
February 6, 2020
They are in the oil business but are not dependent on the price of oil. The stock recently had a nice setback. The pension funds sold carbon fuel stocks. It has a nice upside potential after falling to technical support. (Analysts’ price target is $122.33)
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Phillips 66 (PSX-N)
February 6, 2020
They are in the oil business but are not dependent on the price of oil. The stock recently had a nice setback. The pension funds sold carbon fuel stocks. It has a nice upside potential after falling to technical support. (Analysts’ price target is $122.33)
COMMENT
COMMENT
April 12, 2017

Warren Buffett has been picking away at this. It is very difficult to build a refinery. There is a limited number of competitors, so they are well situated. The drawback is that you are beholden to crack spreads, basically the value of all the different components of a barrel of oil after it has been refined. In the past couple of years, it has been a very, very good business, but it is a cyclical business. The ways the composition of crude oil is coming to refineries is changing. He would prefer going to where the greatest value is, which is going to be the crude producers.

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Phillips 66 (PSX-N)
April 12, 2017

Warren Buffett has been picking away at this. It is very difficult to build a refinery. There is a limited number of competitors, so they are well situated. The drawback is that you are beholden to crack spreads, basically the value of all the different components of a barrel of oil after it has been refined. In the past couple of years, it has been a very, very good business, but it is a cyclical business. The ways the composition of crude oil is coming to refineries is changing. He would prefer going to where the greatest value is, which is going to be the crude producers.

PAST TOP PICK
PAST TOP PICK
November 9, 2016

(A Top Pick Sept 26/15. Up 2.91%.) This is a refiner, and they participate in oil strength. It is the kind of company that is not up as strong when oil prices go up, but also has not been down as much when prices are down. Has a very good franchise.

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Phillips 66 (PSX-N)
November 9, 2016

(A Top Pick Sept 26/15. Up 2.91%.) This is a refiner, and they participate in oil strength. It is the kind of company that is not up as strong when oil prices go up, but also has not been down as much when prices are down. Has a very good franchise.

TOP PICK
TOP PICK
September 26, 2016

They are the biggest independent refiner. They are doing some internal restricting to get down to only 30 percent refining. It’s a good opportunity to buy for the longer term.

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Phillips 66 (PSX-N)
September 26, 2016

They are the biggest independent refiner. They are doing some internal restricting to get down to only 30 percent refining. It’s a good opportunity to buy for the longer term.

STRONG BUY
STRONG BUY
November 5, 2015

A fantastic break out at $82. This is exactly the kind of stock you want to own.

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Phillips 66 (PSX-N)
November 5, 2015

A fantastic break out at $82. This is exactly the kind of stock you want to own.

COMMENT
COMMENT
January 28, 2014

Chart shows a long uptrend from October followed by a short term reversal. Be careful.

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Phillips 66 (PSX-N)
January 28, 2014

Chart shows a long uptrend from October followed by a short term reversal. Be careful.

BUY
BUY
December 18, 2013

The base built in summer and fall of this year is classic. It followed through and is in a nice uptrend. You would stay with it as long as it is going up.

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Phillips 66 (PSX-N)
December 18, 2013

The base built in summer and fall of this year is classic. It followed through and is in a nice uptrend. You would stay with it as long as it is going up.

DON'T BUY
DON'T BUY
November 28, 2013

Once again, differentials have widened. There’s been a turnaround in the refineries in the Gulf Coast, so they shut down, which causes a lot of oil to show up in inventories. A good time to play refineries on the East Coast because they can buy very discounted crude from the Bakken and make a really big profit. This is a very volatile stock and not to be owned for the long run. Over the next 12 months differentials will probably narrow because of 2 pipelines that are going to come on in the next 12 months and bring oil down to the Gulf Coast. Be careful.

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Phillips 66 (PSX-N)
November 28, 2013

Once again, differentials have widened. There’s been a turnaround in the refineries in the Gulf Coast, so they shut down, which causes a lot of oil to show up in inventories. A good time to play refineries on the East Coast because they can buy very discounted crude from the Bakken and make a really big profit. This is a very volatile stock and not to be owned for the long run. Over the next 12 months differentials will probably narrow because of 2 pipelines that are going to come on in the next 12 months and bring oil down to the Gulf Coast. Be careful.

COMMENT
COMMENT
April 18, 2013

This has been on an unbelievable tear. US energy stocks have done way better than Canadian producers. Everybody’s worried about the heavy oil differentials and the Keystone. Maybe it’s time to switch to a Canadian.

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Phillips 66 (PSX-N)
April 18, 2013

This has been on an unbelievable tear. US energy stocks have done way better than Canadian producers. Everybody’s worried about the heavy oil differentials and the Keystone. Maybe it’s time to switch to a Canadian.

BUY
BUY
October 9, 2012

Refining assets which have done really well of late. Also, have a midstream piece which is potentially undervalued. This is one that probably has a modest amount of upside.

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Phillips 66 (PSX-N)
October 9, 2012

Refining assets which have done really well of late. Also, have a midstream piece which is potentially undervalued. This is one that probably has a modest amount of upside.

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Phillips 66(PSX-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Phillips 66 is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Phillips 66(PSX-N) Frequently Asked Questions

What is Phillips 66 stock symbol?

Phillips 66 is a American stock, trading under the symbol PSX-N on the New York Stock Exchange (PSX). It is usually referred to as NYSE:PSX or PSX-N

Is Phillips 66 a buy or a sell?

In the last year, 1 stock analyst published opinions about PSX-N. 1 analyst recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Phillips 66.

Is Phillips 66 a good investment or a top pick?

Phillips 66 was recommended as a Top Pick by Ross Healy on 2020-03-16. Read the latest stock experts ratings for Phillips 66.

Why is Phillips 66 stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Phillips 66 worth watching?

1 stock analyst on Stockchase covered Phillips 66 In the last year. It is a trending stock that is worth watching.

What is Phillips 66 stock price?

On 2020-04-03, Phillips 66 (PSX-N) stock closed at a price of $51.62.