The following video is a segment from Wednesday's Energy Roundup, in which Motley Fool energy analysts Joel South and Taylor Muckerman dig deep into the biggest stories facing energy investors today.
In this segment, Joel and Taylor discuss the industrywide reasons behind Phillips 66's (NYSE:PSX) drop in net income and why they still like the business going forward.
Joel South and Taylor Muckerman have no position in any stocks mentioned. The Motley Fool recommends Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
5 Energy Dividend Stocks You Can Buy Right Now
The energy industry is home to some of the best dividend stocks you can buy. Here are five of the most compelling.
This Oil Stock Has a Formula That Should Keep Rewarding Shareholders Over the Long Term
Phillips 66 plans to return 40% of its cash flow to investors in the coming years.
Why 2017 Was a Year to Remember for Phillips 66
The refining and logistics giant's growth projects started paying dividends.