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+--- Thread: PSX (/showthread.php?tid=1443)
PSX - benjamen - 01-05-2016
Phillips 66
P/E: 9.3
Div Yield: 2.8%
Payout: 28.5%
D/E: 0.4
5yr EPS growth rate: 62%
I don't see much talk about PSX, but their numbers don't look bad since being spun off of COP. Thoughts?
RE: PSX - Kerim - 01-05-2016
I'm a fan of PSX. I acquired shares in the spinoff and even bought a few afterwards. The yield does not get me extremely excited, but the low payout ratio and commitment to dividend growth sure do.
RE: PSX - rapidacid - 01-05-2016
FWIW PSX is now Buffet's 6th largest holding and he got rid of XOM to make way for it if I recall correctly
http://www.dataroma.com/m/holdings.php?m=brk
RE: PSX - EricL - 01-05-2016
(01-05-2016, 11:50 AM)rapidacid Wrote: FWIW PSX is now Buffet's 6th largest holding and he got rid of XOM to make way for it if I recall correctly
http://www.dataroma.com/m/holdings.php?m=brk
Weird. Just last week I sold my PSX to buy XOM. =)
RE: PSX - rapidacid - 01-05-2016
(01-05-2016, 01:03 PM)EricL Wrote:(01-05-2016, 11:50 AM)rapidacid Wrote: FWIW PSX is now Buffet's 6th largest holding and he got rid of XOM to make way for it if I recall correctly
http://www.dataroma.com/m/holdings.php?m=brk
Weird. Just last week I sold my PSX to buy XOM. =)
The big man may have seen it as something similar but he could buy ~10% of the company and have more influence over direction
Personally I don't own PSX but am big into XOM
RE: PSX - DividendGarden - 01-07-2016
I've owned PSX since the spinoff and have added regularly through DRIP. Also, I buy PSX for my kids in their UTMA DRIP accounts each month. I think in 5-10 years, we're going to look back and kick ourselves for not owning more of it. I think their management is very competent and conservatively run the business, and they are very shareholder friendly.
RE: PSX - DividendGarden - 01-12-2016
Berkshire Hathaway just bought another 800k shares of PSX, bringing their ownership of the company up to 12%.
http://seekingalpha.com/news/3025266-berkshire-buys-another-759k-phillips-66-shares
RE: PSX - Kerim - 01-12-2016
(01-12-2016, 08:59 AM)DividendGarden Wrote: Berkshire Hathaway just bought another 800k shares of PSX, bringing their ownership of the company up to 12%.
http://seekingalpha.com/news/3025266-berkshire-buys-another-759k-phillips-66-shares
Outdone by Buffett again. I only bought 750,000 shares of PSX last quarter.
RE: PSX - Dividend Watcher - 01-12-2016
(01-12-2016, 09:19 AM)Kerim Wrote:(01-12-2016, 08:59 AM)DividendGarden Wrote: Berkshire Hathaway just bought another 800k shares of PSX, bringing their ownership of the company up to 12%.
http://seekingalpha.com/news/3025266-berkshire-buys-another-759k-phillips-66-shares
Outdone by Buffett again. I only bough 750,000 shares of PSX last quarter.
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