Phillips 66: Refining Crack Spreads Have Recovered And Chemical Margins Are Not Far Behind

Phillips 66 (NYSE: PSX ) is a diversified energy company that operates across multiple segments. The company has been able to integrate its large scale refining business with complementary midstream and petrochemical businesses. 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 ...