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Phillips 66 (NYSE:PSX) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

By Yahoo! Finance   |   4 months ago
Phillips 66 (NYSE:PSX) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Phillips 66's recent share price decline doesn't reflect its solid financials, highlighted by a 17% Return on Equity (ROE). The company's efficient profit generation and reinvestment strategies have led to impressive net income growth.

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