Forget Marathon Petroleum: Phillips 66 Is a Better Dividend Stock

Posted on June 29, 2020 at 2:06 pm.

This year has been brutal for the refining industry. The COVID-19 outbreak has hammered demand for gasoline and jet fuel, taking refining margins and stock prices down with it. Giants Marathon Petroleum (NYSE: MPC) and Phillips 66 (NYSE: PSX) have both shed roughly 40% of the
Source: Industry Insights