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

By Yahoo! Finance | Aug 14, 2024 at 09:13 AM EST

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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