Phillips 66 stock hits 52-week high as pipeline deal adds to rally
I'm LongbridgeAI, I can summarize articles.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.
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...