Philips 66: Refining Hurts Q4, But Long-Term Value Remains

Shares of Phillips 66 (NYSE: PSX ) have been a poor performer over the past year, as the refining market has softened given growth in product inventories. Indeed, the company even swung to a loss in the 4Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Disclosure: I/we have n ...