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Bullish Case: Robust growth, strategic divestments, and effective cost-cutting measures bolster PSX's outlook and shareholder value amid favorable refining conditions.


Bearish Case: Potential cost headwinds, market volatility in refining margins, and execution risks of strategic initiatives may dampen PSX's performance.


Potential Outcomes:

1. Successful strategy execution (60%).

2. Market volatility impacts refining margins (25%).

3. Strategic missteps lead to underperformance (15%).


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March 27, 2024


Phillips 66 Forecast

PSX        Phillips 66
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with PSX



EVR Forecast + Options Trading Strategies   [EVR]  Evercore (0.96)


APO Forecast + Options Trading Strategies   [APO]  Apollo (0.96)


MPC Forecast + Options Trading Strategies   [MPC]  Marathon Petroleum (0.96)


PRU Forecast + Options Trading Strategies   [PRU]  Prudential Financial (0.95)


MET Forecast + Options Trading Strategies   [MET]  Metlife (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to PSX



RES Forecast + Options Trading Strategies   [RES]  RPC (-0.0)


ZM Forecast + Options Trading Strategies   [ZM]  Zoom Video Communications (0.0)


TWO Forecast + Options Trading Strategies   [TWO]  Two Harbors Investment (0.0)


SMTC Forecast + Options Trading Strategies   [SMTC]  Semtech (0.0)


SIVR Forecast + Options Trading Strategies   [SIVR]  Aberdeen Standard Physical Silver Shares (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PSX



PRTA Forecast + Options Trading Strategies   [PRTA]  Prothena (-0.9)


PFE Forecast + Options Trading Strategies   [PFE]  Pfizer (-0.91)


AMC Forecast + Options Trading Strategies   [AMC]  AMC Entertainment (-0.92)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.92)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.93)





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