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Several major investors increased their stakes in oil and gas firm Phillips 66, boosting its stock value.
Several institutional investors have increased their stakes in Phillips 66, an oil and gas company, in the fourth quarter.
Pictet Asset Management Holding SA boosted its holdings by 4.8%, now owning 255,280 shares valued at $29,084,000.
Phillips 66 operates in four segments: Midstream, Chemicals, Refining, and Marketing and Specialties.
The company has a market cap of $49.60 billion and an expected EPS of 6.8 for the current year.
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Varios inversores importantes incrementaron sus participaciones en la compañía de petróleo y gas Phillips 66, aumentando su valor bursátil.