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Phillips 66 (PSX) closed at $212.27 in the latest trading session, marking a +1.66% move from the prior day.
SOXX dips into a bear market
PSX pairs robust cash generation with disciplined capital returns, supporting dividend growth, share buybacks and long-term shareholder value.
Despite historic refining margins and 10% of global capacity sitting offline, former Petronas trader Baron Lamarre warns that a “temporary crude surplus” makes ETFs like United States Oil Fund, LP (NYSE:USO) and United States Brent Oil Fund, LP (NYSE:BNO) poor plays right now. Instead, experts suggest targeting individual refiners to safely capture the product shortage.
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.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.