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$PSX's sales and other operating revenues decreased 39% in 2015, while purchased crude oil and products decreased 46%. The decreases were primarily due to lower average prices for petroleum products, crude oil and NGL. Equity in earnings of affiliates fell 36% in 2015, primarily resulting from lower earnings from DCP Midstream, CPChem and WRB.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.