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Strategies & Market Trends : Dividend investing for retirement
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To: Spekulatius who wrote (32388)2/1/2020 10:35:23 AM
From: Spekulatius  Read Replies (2) of 34328
 
re PSX - bad timing with my plug on PSX as they missed earnings quite a bit and the stock reacted accordingly. It is noteworthy that most of the miss (but not all) was due to higher refinery turnaround activity, which depressed their refining earnings. There is also some weakness in their petrochemical business. So I don’t think we are looking at a permanent issue here.

I don’t own it yet, but it is very interesting below $90.
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