Phillips 66

  • Best of Breed in the Oil, Gas & Consumable Fuels Industry

    By Hunter Orr - August 15, 2013 | Tickers: CNQ, XOM, OXY, PSX

    The Oil, Gas & Consumable Fuels industry is largely in charge of pulling oil out of the ground and getting it to your gas tank. Recent volatility in energy prices has investors cautious of companies in this space, creating significant discounts..

    Industries in the sector

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    The Oil & Gas industry is not high on my scale, but that doesn’t mean we can’t find ‘best of breed’ value in this space more »

  • Refiners had a Terrible Second Quarter but all is not Lost

    By Rupert Hargreaves - August 15, 2013 | Tickers: CVX, HFC, PSX

    HollyFrontier's (NYSE: HFC) second quarter results were not pretty  The company reported a 47% decline in year-on-year net income as the average cost of products rose from $94 to $97, which pushed down the refiners gross margin from $24.5 per barrel to $21 per barrel; net operating margins fell to $14.9 from $19.9 per barrel.

    However, despite these tragic results, HollyFrontier is working in other ways more »

  • Are You Prepared for a Refinery Turnaround?

    By Piyush Arora - August 7, 2013 | Tickers: PSX, TSO, VLO

    Thanks to the rapid development of pipeline infrastructure, refineries now have better access to West Texas Intermediate (WTI) crude-oil feed. This, in turn, has caused a spike in WTI crude demand. The oil is also relatively easier to refine, which altogether has sent prices soaring. Over the last year, WTI spot prices have risen by nearly 16%, while Brent crude prices have remained flat.

    As a result, WTI-Brent spreads have more »

  • 3 Oil and Gas Refinery Companies Utilizing Alternative Means to High Revenue Ends

    By Madhukar Dubey - August 5, 2013 | Tickers: DAR, PSX, VLO

    With the rising population and increased usage of vehicles, the global demand for crude oil will increase from 64.4 million barrels a day in 2013 to 92 million barrels a day in 2014 according to the International Energy Agency, reported Bloomberg News. Due to this rising demand, prices of oil products are rising. To take advantage of this scenario, oil and gas refineries are expanding with various cost effective more »

  • Beat the Taper: Part 1

    By Rupert Hargreaves - August 5, 2013 | Tickers: CROX, MRK, PSX

    With the Federal Reserve set to start tapering asset purchases in September, it is time to start looking for stocks that offer some protection from the impending market volatility.

    Unlike many market commentators, who recommend buying large companies with strong dividends and a long history of maintaining payouts, I do not believe this is the way to go. Indeed, the last time the Fed announced that it was considering tapering more »

  • 3 Oil and Gas Companies with Plans For Growing Returns

    By Shweta Dubey - August 5, 2013 | Tickers: COP, PSX, RRC

    According to MarketLine, the global oil and gas market is expected to reach $3.7 trillion in 2015 with a compound annual growth rate of 7% from 2010. The rising prices have resulted in an increase in oil and gas production. Companies in the industry are adopting various measures to increase their revenues from oil and gas extraction. Three such companies are looking for growth opportunities to enhance their production more »

  • Insiders Are Buying Phillips 66 Partners

    By Markus Aarnio - August 3, 2013 | Tickers: PSX, PSXP, TLLP

    There was intensive insider buying in Tesoro Logistics (NYSE: TLLP) in May 2011 when the stock was trading below $25.00. The stock is currently trading at $52.38 or 151.0% above the low made in 2011.

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    With this episode in mind, I screened for stocks which have seen recent intensive insider buying. Intensive insider buying can be defined by the following three criteria:

    1. The stock is purchased by more »
  • Do Squeezed Margins Spell Trouble for These Refiners?

    By Bob Ciura - August 2, 2013 | Tickers: MPC, PSX, VLO

    To say that the publicly-traded oil refinery stocks had been on a tear in recent months would be an understatement. For instance, Phillips 66 (NYSE: PSX) traded for $30 per share shortly after being spun-off from ConocoPhillips back in June 2012, then soared to $70 per share one year later.

    The economics of the refining industry were extremely favorable for these stocks as oil prices stayed low, and consequently, their more »

  • Consider These Stocks That Just Got Crushed

    By Ryan Palmer - July 31, 2013 | Tickers: NTE, NES, PSX

    Instances where a company worth hundreds of millions of dollars loses 10% of its value in one day should raise eyebrows. What caused such a quick decline? Could it possibly have been an overreaction? The answer to the second question will not always be yes. But when it is, you have found a potentially lucrative investment.

    On July 30 shares of Nam Tai Electronics (NYSE: NTE) fell 10.4%. And more »

  • 3 Picks From the Oil Industry

    By Wes Patoka - July 29, 2013 | Tickers: XOM, PSX, SLB

    The oil industry has plenty of players, from explorers to refiners to completely integrated companies. Below, we will take a look at one company from each of these categories and see where investors should put their money.


    (NYSE: SLB) reported its second-quarter earnings just recently, and the results were great. In 2Q’13, the company posted revenue of $11.2 billion, up from $10.6 billion last quarter more »

  • Wednesday Is a Big Day for Oil Earnings

    By Matthew Frankel - July 29, 2013 | Tickers: HES, MUR, PSX

    During earnings season, it is pretty common to notice a group of similar companies reporting earnings on or around the same date. Today I would like to focus on a group of one of my favorite kinds of investments: oil companies. On Wednesday three large oil companies report their earnings: Hess (NYSE: HES), Murphy Oil (NYSE: MUR), and Phillips 66 (NYSE: PSX). Let’s take a quick look at each more »

  • Why Oil Prices Could Plummet in 2014

    By Marie Palumbo - July 26, 2013 | Tickers: CVI, MMP, MPC, PSX, VLO

    Filling up the gas tank is always a challenge. It's painful to watch as the dollar amount rises far more quickly than the gallons going into your tank.  Thankfully, there’s hope: new pipelines to Gulf Coast refineries bring the (hopeful) promise of lower gas prices to drivers throughout the United States. But while construction may yield some tangible results for consumers, investors are in the best position to more »

  • Buy These Three Refiners for a Recovery in the Brent-WTI Spread

    By Rupert Hargreaves - July 22, 2013 | Tickers: HFC, NTI, PSX

    West Texas Intermediate (WTI) crude has been on a roll recently, the benchmark is pushing highs of around $106 to $107 per barrel, but this trend could soon be over. Indeed, while the WTI oil benchmark is pushing to new highs, supply is only increasing and stockpiles continue to hover around multi-decade highs (although they have fallen back off highs seen earlier this year).

    In addition, oil production from non-OPEC more »

  • Billionaire Tom Sandell’s Top Stock Picks

    By Meena Krishnamsetty - July 15, 2013 | Tickers: CPWR, KAR, NYX, PSX, SE

    In May, Sandell Asset Management, a hedge fund founded and managed by Tom Sandell, filed its 13F for the first quarter of 2013 with the SEC. This filing disclosed many of the fund’s long equity positions in U.S. stocks as of the end of March; while these holdings might be a bit out of date as a result, investors can still treat them as free initial investment ideas more »

  • A Long-Term Bet Against Gasoline

    By Wes Patoka - July 11, 2013 | Tickers: EXC, PSX, TSLA

    Oil prices have been given a lot of scrutiny and consumers are not seeing relief at the pump. Nobody will argue that price fluctuations do not play games with consumers’ minds and wallets. Elon Musk, the CEO of Tesla Motors, has proposed that electric vehicles are a way to free ourselves from foreign sources of energy, and giant price fluctuations.

    To import, or export that is the question

    As supply more »

  • Filling Up Your Portfolio

    By Marshall Hargrave - July 2, 2013 | Tickers: MPC, PSX, VLO

    Over the past twelve months, the oil and gas refiners have been filling up portfolios with growth in their stock prices. All the major refining and marketing companies are up over 50% during the past twelve months, these include Phillips 66 (NYSE: PSX)Marathon Petroleum (NYSE: MPC) and Valero (NYSE: VLO)

    The refining companies could continue their solid outperformance over the interim. The Energy Information Administration estimates that oil production more »
  • Billionaire T. Boone Pickens’ High Upside Potential Picks

    By Meena Krishnamsetty - July 2, 2013 | Tickers: APC, MPC, PSX, RAM, TSO

    While the trailing P/E multiple is a useful value metric, it does not take a company’s future growth prospects into account. If investors don't mind incorporating a little more uncertainty into their analysis, they can also consider the PEG ratio, which is based on the P/E multiple and on analyst expectations for future earnings growth and is, therefore, a way to measure a stock’s upside more »

  • Billionaire Israel Englander’s Cheap Stock Picks

    By Meena Krishnamsetty - June 28, 2013 | Tickers: LYB, MPC, MDR, NOV, PSX

    While we don’t recommend blindly following hedge fund activity from 13F filings, we do consider these filings potentially useful for many investors. The most popular small cap stocks among hedge funds, as determined by our analysis, generate an average excess return of 18 percentage points per year (learn more about imitating hedge funds' small cap picks).

    We also like to apply traditional stock screens, including the traditional value criteria more »

  • Don't Miss the Value in Valero

    By Joshua Bondy - June 26, 2013 | Tickers: XOM, PSX, VLO

    The refinery business isn't very exciting, but it can be profitable. With the growth in American energy production and ban on raw crude exports, many refineries have seen their business boom. Using a simple two-stage discounted cash flow calculation, Valero Energy (NYSE: VLO) stands out as a refiner that is undervalued with an attractive future. 

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    VLO Free Cash Flow Per Share TTM data by YCharts

    Two Stage Discounted Cash more »

  • 3 Things You Must Know Before Investing in Energy

    By Marie Palumbo - June 24, 2013 | Tickers: CVX, COP, XOM, PSX

    Outside of managing our utility and gas bills, we don’t pay much attention to energy companies. The major players fuel our lives, from heating our houses to filling up our empty gas tanks. Clearly, we know what they cost us. But to understand what they can earn for us, it’s important to understand the energy sector’s key revenue drivers. Using three fundamental benchmarks, here’s a comparison more »

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