With that in mind, let's take a closer look at Phillips 66 and see what CAPS investors are saying about the stock right now.
Oil and gas refining and marketing
Chairman/CEO Greg Garland
CFO Gregory Maxwell
Trailing-12-Month Return on Equity
$3.5 billion / $7.0 billion
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 98% of the 302 members who have rated Phillips 66 believe the stock will outperform the S&P 500 going forward.
There will be a growing demand for gasoline in both domestic and foreign markets. Phillips 66 not only has several refineries to meet this demand, it is in a position to change over to the relatively inexpensive domestic oil from foreign oil. This change alone should add significant profits.
Of course, there are many different ways to play the energy sector, and The Motley Fool's analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out the special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
The article Why Phillips 66 Is Ready to Rebound originally appeared on Fool.com.
Motley Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.
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