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Phillips 66 PSX - News Analyzed: 7,496 - Last Week: 100 - Last Month: 400

Mixed Market Signals for Phillips 66 (PSX) Amid Strong Fund Flows

Mixed Market Signals for Phillips 66 (PSX) Amid Strong Fund Flows
Westwood Holdings Group Inc. has sold 2,113 shares of Phillips 66 (NYSE:PSX). There seems to be a mixed technical and analysts view on the company’s market situation. However, the strong fund flows are boosting the company’s prospects. Phillips 66 (PSX) has surpassed Q2 earnings and revenue estimates, despite being ordered to pay $195 million damages. Goldman Sachs Group Inc. has acquired 377,132 shares of the company. There have been mixed signals observed as the earnings season looms for the company. Phillips 66, in Q2 2025 earnings call, highlighted a record in refinery utilization and strong gains. However, a drop of 0.14% and insider divergence amid a 4.0% dividend appeal, depicts a tough market situation for the company indicating potentials for future drop in stocks. Phillips 66 (PSX) stock has beaten earnings estimates according to financial expert insights. Despite strategic issues raised by Morgan Stanley, Phillips 66 (PSX) is expected to navigate these challenges with its strategic moves. Nevertheless, Phillips 66’s profitability outperforms the estimates on higher refining margins, despite a recent order to pay $800M penalty in a biofuel trade secrets case.

Phillips 66 PSX News Analytics from Wed, 02 Apr 2025 07:00:00 GMT to Sat, 09 Aug 2025 11:07:36 GMT -

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