Shares of Phillips 66 (PSX) Sees Large Inflow of Net Money Flow

Shares of Phillips 66 (PSX) saw an erosion of -0.75 points in recent session. During the trading, the value of each share was $80.87, dropping -0.92%. The shares saw high fund-flow as the composite value of all the upticks was $48.93 million and the total value of all the downticks was a mere $41.73 million. The net money flow was seen at $7.2 million and the up/down ratio was measured at 1.17. On a weekly basis the shares of the shares has recorded a change of -2.3%.The block trade which occurred today had $4.92 million in upticks and $0 million in downticks with the up/down ratio climbing to 0. $4.92 million was the net money flow of the block transaction.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Phillips 66 has lost 5% in the last five trading days and dropped 6.55% in the last 4 weeks. Phillips 66 is up 0.26% in the last 3-month period. Year-to-Date the stock performance stands at -6.55%. Phillips 66 (NYSE:PSX) witnessed a decline in the market cap on Wednesday as its shares dropped 1.07% or 0.87 points. After the session commenced at $82.11, the stock reached the higher end at $82.319 while it hit a low of $80.36. With the volume soaring to 3,030,209 shares, the last trade was called at $80.75. The company has a 52-week high of $90.87. The company has a market cap of $42,059 million and there are 520,850,210 shares in outstanding. The 52-week low of the share price is $71.74.

Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Chukwuemeka A. Oyolu (Vice President & Controller) sold 3,574 shares at 88.12 per share price.On Dec 5, 2016, Lawrence Michael Ziemba (Executive VP, Refining) sold 101,909 shares at 85.24 per share price.On Nov 30, 2016, Robert A Herman (Executive Vice President) sold 78,327 shares at 82.81 per share price.

Phillips 66 Last issued its quarterly earnings results on Oct 28, 2016. The company reported $1.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.17. Analyst had a consensus of $0.88.Analysts expectations of $ 28847.59.During the same quarter in the previous year, the company posted $3.02 EPS.

Phillips 66 is a downstream energy company. It operates in three segments: Refining & Marketing, Midstream and Chemicals. The Refining and Marketing segment purchases, refines, markets and transports crude oil and petroleum products, mainly in the United States, Europe and Asia and also engages in power generation activities, lubricants and other specialty products businesses. The Midstream segment gathers, processes, transports and markets natural gas and fractionates and markets NGL, predominantly in the United States. The Chemicals segment manufactures and markets petrochemicals and plastics. Phillips 66 is headquartered in Houston, Texas.


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