Phillips 66 Downtick Continues; Shares Slip 9%

Shares of Phillips 66 (PSX) are sipping nearly 9% on Friday morning despite no stock related news from the company. PSX is currently trading at $67.41, down $6.46 or 8.75%, on the NYSE.

Phillips 66's shares have traded between $60.30 and $94.34 in the 52 week period. In the past one month period, the stock has slipped near 20%.

Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties.

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