Phillips 66 Stock (NYSE:PSX): Geopolitical Flareups Point to Upside

By Yahoo! Finance | Jul 17, 2024 at 02:58 AM EST

Phillips 66 (PSX) faces concerns over declining earnings and sales projections, making it seem overvalued. However, geopolitical tensions in the Middle East and Ukraine could benefit PSX stock by disrupting supply chains and boosting financials.

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