Another day

he CFO was explicit with TD Cowen:

That is management telling you the December-quarter buyback has to be larger than.

September's $2.273 billion.

Read the transcript that was amazing that he said that.

The CFO was explicit with TD Cowen: the company returned 33% of
operating cash flow through June, 40% cumulative through September, 45% in the third quarter alone — and it must be above 50% in the fourth quarter to hit the full-year commitment. He said "we believe
that's very doable." That is management telling you the December-quarter buyback has to be larger than.
September's $2.273 billion.

Read the transcript that was amazing that he said that.

All oil stocks are overbought. I do agree with that fact. However, this administration has no peace talks planned with the Iranian government. The futures are up for September. No talking, the war continues.

Therefore, whether we like it or not, the market must price that in.! At some point, they're gonna price in three-digit oil again—no reason for it to retreat.

Tomorrow, August 20..

(The Crude Oil futures for September) will be out if prices stay the same I will be absolutely stunned.

But the way it’s going now we know for sure that the administration is not negotiating at all.! He said that, so, in my opinion, they have to price that in, and it’s going to be high, I believe.$

The TOP advisor to RIGC is saying very loud and very clear that it’s not opening.!

Now keep in mind the new Ayatollah that’s in power has not said anything yet he and he alone will have the absolutely last word but for now it’s close.

Phillips 66 PSX.N: Barclays raises target price to $216 from $183

Phillips 66 PSX.N: JP Morgan raises target price to $234 from $202

Phillips 66 PSX.N: Raymond James raises target price to $240 from $235

Wells Fargo Maintains Overweight on Phillips 66, Raises Price Target to $239
1:27 PM ET 08/06/2026 | Benzinga. PSX

Wells Fargo analyst Sam Margolin maintains Phillips 66 (NYSE:PSX) with an Overweight and raises the price target from $201 to $239.

PSX has been reiterated as a buy
7:01 AM ET 08/06/2026

PSX, (Trade) has been reiterated by TD Cowen as a buy at 255.0.

One of the number rules of the market is: when the market is going down, sell your winners and keep selling.

The market right now (has not) started to oversell yet, but it will and they will all go down together yes sir I have seen this shit before.

I think maybe and just maybe $31 maybe an entrance point?