Phillips 66 (PSX) Shares are Down -0.36%

Phillips 66 (PSX) : During the past 4 weeks, traders have been relatively bearish on Phillips 66 (PSX), hence the stock is down -10.18% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.97% relative to the S&P 500. The 4-week change in the price of the stock is -4.11% and the stock has fallen -0.36% in the past 1 week.

Phillips 66 (NYSE:PSX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $75.12 and $74.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.40. The buying momentum continued till the end and the stock did not give up its gains. It closed at $75.39, notching a gain of 0.36% for the day. The total traded volume was 1,688,333 . The stock had closed at $75.12 on the previous day.


The stock has recorded a 20-day Moving Average of 2.05% and the 50-Day Moving Average is 3.91%. Phillips 66 has dropped 13.62% during the last 3-month period . Year-to-Date the stock performance stands at -6.39%.

Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining and marketing and specialties businesses. The Company operates its business through four segments: midstream, chemicals, refining and marketing and specialties. It gathers, processes, transports and markets natural gas, and transports, fractionates and markets natural gas liquids (NGL) in the United States. The Chemical segment manufactures and markets petrochemicals and plastics. The Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company LLC (CPChem). The refining segment buys, sells and refines crude oil and other feedstocks into petroleum products (such as gasolines, distillates and aviation fuels) at 14 refineries, mainly in the United States and Europe. The Marketing and Specialties segment purchases for resale and markets refined petroleum products (such as gasolines, distillates and aviation fuels), mainly in the United States and Europe.

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