---
title: "Phillips 66 stock hits 52-week high as pipeline deal adds to rally"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296258775.md"
description: "Phillips 66 stock hit a 52-week high of $242.98, driven by a joint venture agreement for the $5B Western Gateway Pipeline and strong Q2 2026 earnings of $3.8B. The stock surged 85% YTD, outperforming the S&P 500. Analysts rate it a Buy or Strong Buy, with technical indicators suggesting potential further gains above $241."
datetime: "2026-08-18T18:12:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296258775.md)
  - [en](https://longbridge.com/en/news/296258775.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296258775.md)
generator: "portal-rs"
---

# Phillips 66 stock hits 52-week high as pipeline deal adds to rally

Phillips 66 (PSX) stock traded around $240.86 on Tuesday after touching a fresh 52-week high of $242.98 during the session. The stock has continued its upward momentum for a seventh straight session, gaining 7.53% over the past week and surging 85.02% YTD, significantly outperforming the S&P 500 (SP500)'s 13.15% gain. The recent rally comes as Phil...

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**