Phillips 66 (PSX) Moves 7.2% Higher: Will This Strength Last?

Phillips 66 (PSX) shares ended the last trading session 7.2% higher at $139.98. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.3% loss over the past four weeks.Shares of Phillips 66 advanced in the latest trading session, supported by a combination of company-specific catalysts and an improving operational outlook. The rally reflects the company’s focus on stronger execution within its refining segment, driven b ...