A Phillips 66 Insider Cashed In Options After a Blowout Quarter. Here's What to Know

Ann M. Kluppel, SVP and controller, sold 7,834 shares of Phillips 66 (NYSE:PSX) at $210.78 per share, according to an SEC Form 4 filing.Transaction value based on SEC Form 4 weighted average sale price ($210.78); post-transaction value based on the August 10 market close ($215.52).Phillips 66 is a diversified energy company headquartered in Houston, with an $86.4 billion market capitalization. The company operates an integrated business model spanning midstream logistics, chemical manufacturing, refining, and product marketing, generating $153.6 billion in TTM revenue with $7.1 billion in net income. As a vertically integrated energy infrastructure operator, Phillips 66 maintains competitive advantages through its extensive pipeline and terminal network, refining capacity, and downstream distribution capabilities.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool