it looks like when you check the earnings for the first quarter for P66 It looks like a loss of -$.19.
I think the markets trying to price that in by the end of this week
it looks like when you check the earnings for the first quarter for P66 It looks like a loss of -$.19.
I think the markets trying to price that in by the end of this week
The book value of P 66 is only $72.02. The book value has increased. I will say that from $67.
But still, is it worth it obviously, they have poor money management skills.
These clowns, when all in like it's a gambling parlor shorting their hedge. Think.
Something is very wrong when Goldman Sachs upgrades P 66, $192 that is some crazy shit.!
They just lost 900 million in the market to market equity on 50 million barrels Short.
They had to take out a loan to pay the margin call and the loan was $2.2 billion not good in my book. Sorry, look for another sucker.
How can any one upgrade PSX after this little debacle?
Phillips 66 (NYSE:PSX) on Monday disclosed around $900 million in pre-tax mark-to-market losses in the first quarter of 2026.
As of March 31, the net short position in crude and products-related derivative contracts stood at about 50 million barrels.
Now tell me who is short it market today now let’s be honest.
Time to cover low liquidity after hours$$$$$
Based on recent reports, ELITE (Enhanced Leads Identification & Targeting for Enforcement) is a specialized application developed by Palantir for U.S. Immigration and Customs Enforcement (ICE) to map, track, and target individuals for immigration raids.
The database that Palantir has accumulated on the American people, their Facebook all social media combined it into a location map with pins on it. That ice is now using to arrest people.
it may just happen.
I think what’s happening is that the market needs a price in $48 crude oil and that will take all oil companies down there’s no going around it… so what I’m saying don’t try to catch a falling knife.
I take it. Some big shot is going for the options 25,956 options expire today. if they wanna Keep them, they gotta close above $2.50 big payday for somebody.
we’ll see how tough the market maker is they don’t wanna pay out we know that.!