Can Phillips 66 Dethrone Valero Energy? A Seismic Acquisition Could Help The Company

Core Insights - Phillips 66 has transitioned from being known for its underperforming refining business to significantly improving its operational efficiency and cost structure [1] Group 1: Company Performance - The company has successfully driven down its operating costs per unit, indicating a successful turnaround process over the past few years [1] Group 2: Investment Perspective - The article emphasizes the long-term potential of Phillips 66 as an investment opportunity, particularly in the context of its improved fundamentals [1]