What Does Phillips 66′s Earnings Boost Mean For Investors?

For as long as people drive cars, heat homes, and cook food, Phillips 66 (NYSE: PSX) is going to be there refining the petroleum products we use every day. In my last two articles, I’ve given a background of the company and why it is positioned to outgrow competitors and provide wealth for their shareholders. Sine it was spun off...

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Phillips 66: Warren Buffett’s Newest Pick

A few weeks ago, I wrote an article about Phillips 66 (NYSE: PSX) and its competitive advantage and valuation that makes it a great buy, both as a company and as a stock. Warren Buffet seemed to agree, as he announced that Berkshire Hathaway is selling shares of ConocoPhillips (NYSE: COP) to buy those of Phillips 66. PSX jumped 5.8%...

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The Best Way to Energize Your Portfolio

Phillips 66 (NYSE: PSX) is an undervalued company that is going to take the oil and gas industry by storm. In 2002, Conoco and Phillips 66 merged to form ConocoPhillips (NYSE: COP), making the second largest refiner and marketer of petroleum products, behind Exxon Mobil (NYSE: XOM). Phillips 66 was spun off from ConocoPhillips, the...

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How to Stay Afloat When The Markets Are Sinking

The Great Recession may have officially ended, but the economy is still not looking too hot.  U.S. unemployment is still above 8 percent and the stock market experienced its biggest drop of the year just a couple weeks ago, pushing the Dow into negative territory for 2012. The global economy is not fairing well either, to say the...

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Wake Up and Smell the Starbucks

Last week, the markets were in terrible shape off disappointing U.S. data and worldwide economic instability. The US economy added a mere 69,000 jobs in May and the unemployment rate rose for the first time since last June to 8.2 percent. The Dow Jones industrial Average plunged 275 points (-2.22%) on Friday, putting it in negative...

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