Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note

Phillips 66 (PSX) closed at $129.47 in the latest trading session, marking a -1.25% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.25%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.56%.The oil refiner's shares have seen a decrease of 3.05% over the last month, not keeping up with the Oils-Energy sector's loss of 0.05% and the S&P 500's gain of 1.65%.The investment community will be paying close attention to the earnings performance of Ph ...