Phillips 66 (NYSE:PSX) is the largest importer of Canadian oil to the United States, and a major player in North American oil as a whole. And some of the data the company released in a presentation at a recent Bank of America energy conference shows us that the company is also a clear win for investors. In this video, Motley Fool energy analyst Joel South tells us what Phillips 66 is doing that has it so far ahead of the competition, and why that competitive advantage not only means solid projected growth, but excellent growth in the company's dividends as well.

Joel South has no positions in the stocks mentioned above. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.