$PSX Buffett discloses 10.8% stake – refiners are Energy Sector bright light

8-31PSXblog

The Chaikin Power Gauge Rating for Phillips 66 is Neutral with attractive financial metrics, very strong earnings performance, very strong price/volume activity and neutral expert activity.

PSX’s earnings performance is very strong as a result of high earnings growth over the past 3-5 years and an upward yearly earnings trend.

Despite bullish factors, PSX has moved below its long-term trend, resulting in a Power Gauge rating of Neutral+.

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