Buy PSX on the Diesel Supercycle: Tactical Swing into Wartime Refining Margins
Geopolitical disruption in the Middle East has blown up diesel and chemicals margins. Phillips 66 - a diversified downstream operator with sizable chemicals and refining exposure - is positioned to convert those wider crack spreads into outsized cash flow. This is a tactical long trade: entry at $175.59, stop $158, target $210 over a mid-term 45 tr…