2 Oil Stocks in Focus Amid Earnings, Investments

The shares of energy giants BP plc (NYSE:BP) and Phillips 66 (NYSE:PSX) are moving in opposite directions this morning. Below, let's take a closer look at what is driving their price action.BP Brushes Off Quarterly WinBP missed earnings estimates for the fourth quarter, and watched quarterly profits hit a four-year low, while annual profits missed estimates following a 35% decline. BP is down 0.4% to trade at $34.28 at last check, looking to snap a five-day win streak as it retreats from yesterday's surge t ...