Q: What are your 3 best picks for US oil companies with a 2 year hold?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello 5i. I know you don't follow US companies but hopefully you can help me out with this one. I am looking at some refiners and narrowed it down to Valero and Philipps 66. Warren Buffet holds this company and is his 7th largest holding and has been accumulating shares throughout 2016. What do you think of the company PSX and what effect will the rising price of oil have on PSX revenue? Will rising interest rates affect it?
Thks
Thks
Q: PHILLIPS 66 (PSX:NYSE)... I am looking for a combination of refiners for a pullback. The movement in the oil/gasoline is indicating that prices will retract again from current levels. I would like your thoughts on Phillips 66 and one other to hold for the next 12-18 moths. Consensus is looking at mid 2017 before the market really starts to get a hold of the supply side. Do you see this company able to grow revenues and possibly increase profitability?
Thank you
Jason N.
Thank you
Jason N.
Q: Any views on whether PSX is a good buy at this price, given it seems to be a midstream company and may benefit from lower input costs?