Refiner Phillips 66 forecasts lower spending in 2024

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Go back to Refiner Phillips 66 forecasts lower spending in 2024

TD Cowen says Phillips 66 (PSX) has the most attractive risk/reward in its coverage universe - here's why

December 12, 2023 10:55 AM EST

While the market is skeptical of Phillips 66's (NYSE: PSX) refining improvement program, TD Cowen said in a recent note that it believes the company can achieve its refining opex reduction goals.

The investment bank declared that PSX is one of its best ideas for 2024 in the note, raising its... More