Here's Why Retain Strategy is Apt for Phillips 66 Stock Now

Phillips 66’s (PSX) shares have surged 23.2% in the past year compared with the industry’s 11.7% rise. What's Favoring the Stock?PSX boasts a diversified business model, with substantial involvement in refining midstream, chemicals and marketing & specialties. Across all its operations, Phillips 66 maintains a strong presence in terms of safety, profitability, scale and competitive advantages.The company is prioritizing segments such as midstream, renewables and chemicals, enhancing the stability of its bus ...