Phillips 66 (PSX) hiked its dividend by over 4.3% on April 21, despite lower earnings and cash flow. PSX stock looks cheap ...

Phillips 66 closed 30.49% short of its 52-week high of $152.19, which the company achieved on April 29th.

Phillips 66 said it will add a gas processing plant in the Permian Basin while continuing to strengthen its NGL system.