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Phillips 66: Bottom Fishing At The Bottom Of The Refining Cycle (Rating Upgrade)
PSXPhillips 66(PSX) Seeking Alpha·2024-12-25 08:23

For the long-term investor, the bottom of a cyclical business cycle can be an opportune time to load up on a company's stock. The bottom is a time to capture underlying value that is not appreciated by the market.I am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate properties for c ...