Large Inflow of Money Detected in Phillips 66

Phillips 66 (PSX) : Phillips 66 (PSX) had a healthy money flow of $14.93 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $54.83 million, whereas, investors only sold shares worth $39.9 million on downticks. The stock closed the day with an up-down ratio of 1.37.The money flow in the block trades to the tune of $12.36 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $14.3 million worth of transactions were on upticks. A paltry $1.94 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 7.36. Phillips 66 (PSX) stock slid $0.22 intraday and traded at 78.59, a change of -0.28% over previous days close. However, for the week, the company shares are 0.4% compared to previous weeks close.


Shares of Phillips 66 rose by 0.01% in the last five trading days and 3.87% for the last 4 weeks. Phillips 66 has dropped 0.11% during the last 3-month period . Year-to-Date the stock performance stands at -2.42%.

Phillips 66 (NYSE:PSX): The stock opened at $79.15 on Monday but the bulls could not build on the opening and the stock topped out at $79.25 for the day. The stock traded down to $78.22 during the day, due to lack of any buying support eventually closed down at $78.59 with a loss of -0.28% for the day. The stock had closed at $78.81 on the previous day. The total traded volume was 2,808,007 shares.

In a related news, Johnson Paula Ann, Officer (Executive Vp And Gen Counsel) of Phillips 66, unloaded 40,141 shares at an average price of $79.57 on June 29, 2016. The total amount of the transaction was worth $3,194,019, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining and marketing and specialties businesses. The Company operates its business through four segments: midstream, chemicals, refining and marketing and specialties. It gathers, processes, transports and markets natural gas, and transports, fractionates and markets natural gas liquids (NGL) in the United States. The Chemical segment manufactures and markets petrochemicals and plastics. The Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company LLC (CPChem). The refining segment buys, sells and refines crude oil and other feedstocks into petroleum products (such as gasolines, distillates and aviation fuels) at 14 refineries, mainly in the United States and Europe. The Marketing and Specialties segment purchases for resale and markets refined petroleum products (such as gasolines, distillates and aviation fuels), mainly in the United States and Europe.

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