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DCP - Phillips 66's Q2: Back On Track With A 12.5% Increase In The Dividend And $3.12 In Earnings
DCP Midstream LP
Phillips 66 (PSX) has been a quite a ride over the past year, trading from $120 to below $80. Everything from Buffett and Berkshire (BRK.A) (BRK.B) selling to an awful Q1 EPS report has rocked the shares. The stock now sits in the middle of that range. As I mentioned in my last Seeking Alpha article on PSX (See: Phillips 66: Serious Cash Flow Generation Despite Q1 Aberration), the Q1 EPS report was an anomaly and "one-off" for fairly obvious reasons. I've been following PSX since the spin-off, and have never seen