Over the years, Phillips 66 (NYSE: PSX) has done a great job creating value for investors, including the Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) by Warren Buffett, who remains a major shareholder. Overall, since its founding in 2012, the refining company has generated more than a total return of 345%, wiping out the S&P 500's nearly 160% over that timeframe.
Despite the strong success in its stock price, which has risen....
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