Current PSX Stock Info

Warren Buffet looks to Phillips 66
Just eight days after the initial news that Warren Buffet’s Berkshire Hathaway Inc. (ticker: BRK.A) had invested $4.5 billion in Phillips 66, Buffet’s firm decided to purchase an additional 3.5 million shares of the company, bringing its total share in PSX to 11.4%. Berkshire’s stake in the company is now worth $4.96 billion, based on Phillips 66’s Wednesday closing price of $80.65.

Berkshire’s decision came a day after the announcement that Phillips 66, along with its partner Spectra Energy (ticker: SE), ...

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