PSX - Phillips 66
As the U.S.-Iran conflict injects massive volatility into global energy markets, renowned investor Louis Navellier is urging traders to skip popular energy ETFs like United States Oil Fund LP (NYSE:USO) and United States Brent Oil Fund LP (NYSE:BNO)
PSX benefits from tight fuel markets and elevated crack spreads that boost refining margins, while limited Middle East crude exposure helps cushion disruptions.
One trades at 22x forward earnings with negative free cash flow; the other at 8x with $543M in annual cash generation.
Supports evolving voice services and long term network strategy PLANO, Texas, July 16, 2026 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in real-time communications technology and IP optical networking solutions, today announced that Hub One, one of France's leading operators and integrators connecting, digitalizing and protecting businesses and public organizations, has selected Ribbon's PSX Policy and Routing Engine to serve as the core call routing engine for its voice traffic. This announcement highlights Ribbon's continued momentum in delivering differentiated, software-driven solutions for service providers and enterprises worldwide.
Marathon Petroleum is leveraging strong refining margins, domestic crude sourcing and strategic upgrades to strengthen profitability as fuel markets stay tight.
In the most recent trading session, Phillips 66 (PSX) closed at $196.16, indicating a -2.63% shift from the previous trading day.
XOM trades at a valuation discount and benefits from $80 oil, while PSX leans on diversification to offset refining pressure.
Refinery stocks like Marathon Petroleum and Valero have delivered gains that crush the S&P 500 this year, and crude oil prices have almost nothing to do with it. One obscure industry metric explains everything, and most investors have never heard of it.
US gasoline prices spent the spring of 2026 on a rollercoaster driven by Middle East supply disruptions.
PSX's access to low-cost crude and an efficient refining network positions it to benefit from rising fuel demand and stronger refining margins.
The CFO of Phillips 66 reported exercising exercising options at $94.97 per share under pre-arranged trading plan.
Renewed Middle East tensions tighten refined product markets, putting Valero Energy, Phillips 66 and Par Pacific in focus as refining margins climb.
In the closing of the recent trading day, Phillips 66 (PSX) stood at $189.82, denoting a +1.07% move from the preceding trading day.
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HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has declared a quarterly dividend of $1.27 per share on Phillips 66 common stock.
PXS could benefit from softer crude costs as renewed Middle East tensions keep traders cautious and refining margins in focus.
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PSX has surged almost 40%, but softer oil prices, midstream stability and rising 2026 earnings estimates may keep it attractive.
PSX may benefit from lower crude costs, diversified midstream and chemicals operations, and resilient refining demand in a softer oil-price backdrop.
PSX and PARR have rallied sharply over the past year, and softer crude prices may offer further support to their refining operations.