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This Magnificent Energy Stock Has Returned $43 Billion in Cash to Investors Since 2012 (and There's Plenty More to Come in 2025 and Beyond)
PSXPhillips 66(PSX) The Motley Fool·2024-12-17 10:22

Phillips 66 (PSX -5.24%) has done a magnificent job returning value to shareholders since its spinoff from ConocoPhillips in 2012. The integrated downstream energy company has returned an impressive $43 billion in cash to its shareholders over the past dozen years. That's more than 200% of its initial market capitalization. The energy company is in a strong position to continue generating cash and returning it to shareholders. Here's a look at why.A cash flow producing (and returning) machinePhillips 66 is ...