Options market activity highlights bullish risk positioning that complements psx stock price forecast assumptions, with increased call volume on $110 strike expiring within 60 days. Phillips 66's three-year median payout ratio to shareholders is 17%, which is quite low. This implies that the company is retaining 83% of its profits. This suggests that the management is reinvesting most of the profits to grow the business as evidenced by the growth seen by the company. This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Commodity price correlation analysis indicates that psx stock price forecast remains closely tied to Brent-WTI spreads, enhancing predictive accuracy.
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