Phillips 66 (NYSE:PSX)

Whale Wisdom Heat Map

Great article in seeking alpha. Very cheap.

S&P ranks PSX as a 4 star stock:

"We believe that current energy fundamentals benefit each of the company's three businesses."

"We see PSX's Refining and Marketing segment benefiting from growing North American crude oil production, allowing it to capture feedstock advantages."

"We also expect the high oil/gas ratio to continue to drive natural gas liquids (NGL) production, benefiting both its mid-stream and chemicals businesses."

"We have a positive view of the company's recent announcement that it intends to form a master limited partnership to house some of its mid-stream assets."

There will be a growing demand for gasoline in both domestic and foreign markets. Phillips 66 not only has several refineries to meet this demand, it is in a position to change over to the relatively inexpensive domestic oil from foreign oil. This change alone should add significant profits.

I think the upside for midstream companies in general, and PSX in particular, is very strong based on increasing domestic production. Outlook for 3 year plus.

TMFArcher

brk holding

Elsa: Welcome to The Quiet Corn. I'm Elsa Clack. Breakfast is served between 5:30 and 6:15 AM.
April Ludgate: What if we sleep to a normal hour?
Elsa: Well, that would be very rude of you. May I take your breakfast order? We have hard-boiled eggs, homemade tomato slices with dry seed and leek jam and your choice of German muffin.
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Refiners have a monopoly on gas production. Due to requlation there is a virtual block to any new refineries or even expansion of existing ones leaving them without competition. Limited production of gasoline keeps prices high and as oil prices come down due to domestic production increases the spread of input costs to output prices increases. These are all money makers and should be added to your porfolio on any dips.

Been owning since October of last year. Stock has doubled since its IPO. Company is set to profit from US oil production. Dividend payment has been increased 3 times already.

Most of the independent research providers are bulish on this: score 9 out of 10

Room to run

Multi-daceted company - pipelines, chemicals, refining with access to balkan shale

Spin-off:

beta.fool.com/leglamp/2013/02/15/spinoffs-that-are-better-than-their-parents/

HFC and PSX. How can you go wrong with these two refiners? Especially now with all the cheap domestic oil around.

OIL :)

Just bought today at $52.05 based off chart and fundamentals. Would love more feedback on this stock.

Pipelines! Sell off the C stores for big cash! Control of refining n the USA. Low cost feed stocks from US sources. All good stuff to work with!

The split has done them well and they have yet a long way to do on the upside.