well ell, if you truly believe that PSX looks super cheap now, its down 15% or so off its high of the year, and its trading under 8x earnings and its a big favorite of warren buffett. Doesn't get much better than that. It just seems the refiners are getting smashed recently and I really was curious what others thought. They don't seem to have much downside at these levels.
This post was edited on 7/16 at 12:47 pm