Is Phillips 66 Stock Underperforming the Nasdaq?
Houston, Texas-based Phillips 66 (PSX) is a diversified energy manufacturing and logistics company. It operates through Midstream, Chemicals, Refining, and Marketing & Specialties segments. With a market cap of 10 billion or more are generally described as “large-cap stocks.” PSX fits the bill perfectly. Given the company’s extensive operations, its valuation above this mark i ...