All right, let's do another move. Uh, it's from Joe. You sold Marathon Petroleum, right.It's still in the ETF, right. In the context, this was personal trade and stocks up 31% this year. So, give me more.This is within the context of the refiner trade that I put on early in August. I sprinkled money towards Philip 66, Marathon Petroleum, and Valero. I said yesterday on the show I was going to do some selling in each of those. What I ultimately decided to do was sell Marathon in its entirety.Keep Phillips. K ...

Group 1 - Marathon Petroleum was sold entirely by the company, which had seen a stock increase of 31% this year [1] - The refiner trade initiated in August included investments in Phillips 66, Marathon Petroleum, and Valero, with a decision to sell Marathon [1] - Valero is considered the best in breed among refiners, supported by price performance [2] Group 2 - Phillips 66 is viewed positively due to its potential turnaround, bolstered by an activist stake from Elliot Management, which holds two board seats [2] - Phillips 66 recently acquired the remaining 50% ownership of WRB Refining from Senovas, with a valuation around four times IBIDA, compared to a typical seven times IBIDA for such deals [2][3] - The acquisition is seen as a strong valuation move, with expectations for mean reversion in Phillips 66's performance [3]

Economic Outlook - The Royal Bank of Canada's Economic Outlook for Canada indicates that 2025 will be a challenging year due to trade shocks and weak growth [2] - Rising unemployment rates, a sharp drop in consumer confidence, and cautious business sentiment contribute to economic struggles [2] - Structural issues such as low business investment and poor productivity growth persist, compounded by lower immigration rates affecting population growth [3] - Despite these challenges, the outlook has improved compared to previous months due to eased trade tensions with the US, flexible monetary policies, and resource advantages [3] Positive Developments - Five key positive developments are highlighted: exemption of most Canadian goods from US tariffs, improved consumer data, potential for further rate cuts, fiscal capacity of the economy, and benefits from US growth [4] TSX Stocks Overview - A list of the 10 best TSX stocks to buy according to billionaires is presented, emphasizing the importance of hedge fund sentiment in stock selection [6][7] Cenovus Energy Inc. - Cenovus Energy Inc. is ranked as one of the best TSX stocks, with 41 hedge fund holders and 13 billionaire investors, totaling an investment value of $881 million [8][9] - The company announced a sale of a 50% interest in WRB Refining LP for $1.4 billion, which includes two refineries processing approximately 495,000 barrels per day [9][10] - Following the announcement, analysts maintained a Buy rating with price targets of C$30 and C$29 from Raymond James and Jefferies, respectively [11] Royal Bank of Canada - Royal Bank of Canada is also listed among the best TSX stocks, with 28 hedge fund holders and 11 billionaire investors, amounting to an investment value of $935 million [12] - The bank reported fiscal third-quarter revenue of $12.32 billion, a 13.49% year-over-year increase, exceeding Wall Street expectations [13] - Despite strong performance, the bank was downgraded from Outperform to Neutral due to valuation concerns, with a price target of C$208 [12][14]

Group 1: Phillips 66 - Phillips 66 announced a definitive agreement to acquire the remaining 50% ownership interest in WRB Refining LP from subsidiaries of Cenovus Energy [1] - Shares of Phillips 66 fell 0.7% to settle at $131.42 on Wednesday [5] Group 2: Tandem Diabetes Care - Oppenheimer analyst maintained Tandem Diabetes Care with an Outperform rating and lowered the price target from $44 to $22 [2] - Tandem Diabetes Care shares fell 1.5% to settle at $12.37 on Wednesday [5] - Cramer described Tandem Diabetes Care as a "speculative stock for younger people" [1] Group 3: Cintas - Cramer recommended buying Cintas stock and suggested waiting for the quarter results [2] - Cintas announced it will release fiscal year 2026 first-quarter results on September 24 [2] - Cintas shares fell 0.3% to close at $201.40 [5] Group 4: Intuitive Surgical - Intuitive Surgical reported second-quarter revenue of $2.44 billion, beating analyst estimates of $2.35 billion [3] - The company reported second-quarter adjusted earnings of $2.19 per share, exceeding analyst estimates of $1.93 per share [3] - Shares of Intuitive Surgical fell 3.8% to close at $449.98 [5]

Group 1: Phillips 66 - Phillips 66 announced a definitive agreement to acquire the remaining 50% ownership interest in WRB Refining LP from subsidiaries of Cenovus Energy [1] Group 2: Tandem Diabetes Care - Oppenheimer analyst maintained an Outperform rating for Tandem Diabetes Care but lowered the price target from $44 to $22 [2] - Tandem Diabetes Care shares fell 1.5% to settle at $12.37 [5] Group 3: Cintas - Cintas is recommended for purchase, with a suggestion to buy more if the upcoming quarter's results are disappointing [2] - Cintas shares fell 0.3% to close at $201.40 [5] Group 4: Intuitive Surgical - Intuitive Surgical reported second-quarter revenue of $2.44 billion, exceeding analyst estimates of $2.35 billion [3] - The company reported second-quarter adjusted earnings of $2.19 per share, beating analyst estimates of $1.93 per share [3] - Intuitive Surgical shares fell 3.8% to close at $449.98 [5]

It is time. It's time for the light round. My step and then the lightning round is over.Are you ready to light. Let's start with Gary in Texas. Gary.Hey Jim. Been watching you for years. Love the club.Thank you. You make money for everybody and there's no doubt in my mind that you are the man. Man, that was powerful praise.Thank you. Well, it's true. It's true.My son and grandson both have juvenile diabetes. They both wear pumps for years and uh well, my grandson's like 13 anyway. Uh they they're made by Ta ...

Core Insights - Phillips 66 (PSX.US) has had its MSCI ESG rating downgraded from AA to A as of September 10, 2025 [1] Group 1 - The downgrade reflects a change in the company's environmental, social, and governance performance metrics [1]

Phillips 66 is looking at new opportunities to buy liquefied natural gas from the US through long-term contracts and is hiring staff in Houston to do this, according to people familiar https://t.co/wb6deqgmv3 ...

Core Viewpoint - Phillips 66 has appointed Sean Maher as vice president of investor relations and chief economist, effective October 1 [1] Company Summary - Sean Maher will take on the role of vice president of investor relations and chief economist at Phillips 66 [1]

Core Viewpoint - Phillips 66 has signed a definitive agreement to acquire the remaining 50% ownership interest in WRB Refining from Cenovus Energy for $1.4 billion, expected to close in Q4 2025 [1] Group 1: Acquisition Details - The transaction is valued at $1.4 billion and is subject to customary purchase price adjustments [1] - WRB Refining is a joint venture that owns the Borger refinery in Texas and the Wood River refinery in Illinois, with a combined crude throughput capacity of 495,000 barrels per day (bpd) [2] - Post-acquisition, Cenovus Energy's downstream business will consist of several refineries with a combined capacity of 472,800 bpd, with 55% dedicated to heavy crude oil processing [2] Group 2: Strategic Implications - Phillips 66 aims to strengthen its integrated business and expand its industry position in the region with full ownership of the refineries [3] - The acquisition is expected to deliver operational and commercial synergies of approximately $50 million per year, enabling full integration with Phillips 66's value chain [4] - The Wood River and Borger refineries will contribute an estimated additional 250,000 bpd to Phillips 66's refining capacity upon completion of the deal [4] Group 3: Financial Impact - Cenovus plans to use the proceeds from the sale to reduce net debt and enhance shareholder returns through accelerated share repurchases [5] - As of August, Cenovus has repurchased approximately 18.8 million common shares for $388 million at an average price of around $20.59 per share [5] Group 4: Recent Activities - This acquisition follows Phillips 66's earlier purchase of EPIC Y-Grade GP and EPIC Y-Grade for $2.2 billion in April, which includes long-haul natural gas liquids pipelines and fractionation facilities [6]