NYSE:PSXOil and Gas
Phillips 66 (PSX) Valuation Check As Earnings Beat Dividend Hike Board Moves And Venezuela Crude Deal Draw Focus
Phillips 66 (PSX) is back in focus after a cluster of events, including an earnings beat, a higher quarterly dividend, fresh board appointments, and plans for direct crude sourcing from Venezuela’s PDVSA.
See our latest analysis for Phillips 66.
Those board changes, stronger earnings and the push to source crude directly from PDVSA come as Phillips 66’s share price shows firm momentum, with a 90 day share price return of 22.13% and a 1 year total shareholder return of 41.31% pointing to solid...