Phillips 66 (PSX): Today's Featured Energy Winner

Phillips 66 was a winner within the energy industry, rising $3.03 (5.2%) to $61.50 on heavy volume
By TheStreet Wire ,

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Phillips 66

(

PSX

) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.4%. By the end of trading, Phillips 66 rose $3.03 (5.2%) to $61.50 on heavy volume. Throughout the day, 8,176,409 shares of Phillips 66 exchanged hands as compared to its average daily volume of 3,930,300 shares. The stock ranged in a price between $57.13-$61.97 after having opened the day at $57.13 as compared to the previous trading day's close of $58.47. Other companies within the Energy industry that increased today were:

Samson Oil & Gas

(

SSN

), up 25.2%,

Renewable Energy Group

(

REGI

), up 11.5%,

TransAtlantic Petroleum

(

TAT

), up 11.0% and

PrimeEnergy

(

PNRG

), up 10.9%.

Phillips 66 operates as an independent downstream energy company. The company operates in three segments: Refining and Marketing (R&M), Midstream, and Chemicals. Phillips 66 has a market cap of $36.5 billion and is part of the basic materials sector. Shares are up 11.0% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Phillips 66 a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Phillips 66 as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the negative front,

GeoPetro Resources Company

(

GPR

), down 20.9%,

Andatee China Marine Fuel Services Corporat

(

AMCF

), down 13.4%,

New Concept Energy

(

GBR

), down 9.1% and

SMF Energy Corporation

(

FUEL

), down 6.2% , were all laggards within the energy industry with

Talisman Energy

(

TLM

) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider

Energy Select Sector SPDR

(

XLE

) while those bearish on the energy industry could consider

Proshares Short Oil & Gas

(

DDG

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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