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The US refining stocks have been on a strong rally this year, driven by an unusually sharp surge in global refining margins as the ongoing disruptions have significantly reduced the world’s refining capacity and tightened supplies of gasoline, diesel, and jet fuel. Valero Energy Corporation (NYSE:VLO) has posted YTD gains of over 123%, while Phillips […]
Phillips 66 (PSX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Phillips 66 (NYSE:PSX) is included among the 12 Best American Oil Stocks to Buy Now. Phillips 66 (NYSE:PSX) is a diversified and integrated downstream energy provider that manufactures, transports, and markets products. On June 12, Morgan Stanley analyst Joe Laetsch lifted the firm’s price target on Phillips 66 (NYSE:PSX) from $180 to $196, while keeping […]
Phillips 66 (NYSE:PSX) is included among the 14 Best Oil and Gas Stocks to Buy According to Hedge Funds. Phillips 66 (NYSE:PSX) is a diversified and integrated downstream energy provider that manufactures, transports, and markets products. On May 27, Mizuho analyst Nitin Kumar upgraded Phillips 66 (NYSE:PSX) from ‘Neutral’ to ‘Outperform’, while also raising the […]
Phillips 66 (NYSE:PSX) is one of the 10 Must-Buy Stocks with the Strongest 1Q2026 Earnings Beats. On April 30, 2026, Morgan Stanley raised its price target on Phillips 66 (NYSE:PSX) to $180 from $174 and maintained an Overweight rating following the company’s Q1 results. The firm noted Q1 adjusted EPS of 49c exceeded the (39c) […]
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