Phillips 66 Refinery Accused Of Dumping Oil In LA County Sewer System
| PSX Stock | USD 125.44 0.82 0.65% |
Slightly above 61% of Phillips' investor base is looking to short. The current sentiment regarding investing in Phillips 66 stock implies that many traders are alarmed. Phillips' investing sentiment can be driven by a variety of factors including economic data, Phillips' earnings reports, geopolitical events, and overall market trends.
Phillips |
The company faces six charges of violating the Clean Water Act for allegedly dumping hundreds of thousands of gallons of contaminated waste.
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Phillips Fundamental Analysis
We analyze Phillips' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Phillips using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Phillips based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Phillips is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Phillips 66 Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Phillips stock to make a market-neutral strategy. Peer analysis of Phillips could also be used in its relative valuation, which is a method of valuing Phillips by comparing valuation metrics with similar companies.
Peers
Phillips Related Equities
| CAPL | Crossamerica Partners | 0.13 | ||||
| DKL | Delek Logistics | 0.1 | ||||
| DK | Delek Energy | 0.06 | ||||
| SUN | Sunoco LP | 0.03 | ||||
| PBF | PBF Energy | 1.08 | ||||
| DINO | HF Sinclair | 1.16 | ||||
| CVI | CVR Energy | 2.52 | ||||
| VLO | Valero Energy | 2.62 | ||||
| MPC | Marathon Petroleum | 2.85 |
Additional Tools for Phillips Stock Analysis
When running Phillips' price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.