Seeking Alpha

PSX
  Phillips 66 - NYSE

10/22/2014, 5:09 AM ET
  • Dividend Garden | Send Message 7 Jan 2013

    $PSX downgraded today by Howard Weil from Market Outperform to Market Perform, but they raised the price target to $61?
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    • wigit5 | Send Message 15 Jan 2013
      : yeah I struggle with $PSX now to be honest... when COP spun it off I wasn't sure how it would do and by the time I realized it would do well
    • wigit5 | Send Message 15 Jan 2013
      : I should say by the time I was confident it would do well, it was already in the high 40s. This dip into 51 has me wondering buy or hold.
      PSX vs. ETF Alternatives
      Company Description
      Phillips 66 is a downstream energy company. The Company's segment includes Refining and Marketing (R&M), Midstream and Chemicals businesses. Its Chemicals business is conducted through its 50% interest in Chevron Phillips Chemical Company LLC.