Phillips 66 (PSX)
| Market Cap | 54.29B |
| Revenue (ttm) | 147.74B |
| Net Income (ttm) | 3.36B |
| Shares Out | 412.99M |
| EPS (ttm) | 7.83 |
| PE Ratio | 16.78 |
| Forward PE | 14.82 |
| Dividend | $4.60 (3.50%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 1,299,239 |
| Open | 131.32 |
| Previous Close | 130.94 |
| Day's Range | 130.39 - 131.86 |
| 52-Week Range | 114.94 - 174.08 |
| Beta | 1.32 |
| Analysts | Buy |
| Price Target | 149.69 (+13.88%) |
| Earnings Date | Oct 29, 2024 |
About PSX
Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based pro... [Read more]
Financial Performance
In 2023, Phillips 66's revenue was $147.40 billion, a decrease of -13.29% compared to the previous year's $169.99 billion. Earnings were $7.00 billion, a decrease of -36.41%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for PSX stock is "Buy." The 12-month stock price forecast is $149.69, which is an increase of 13.88% from the latest price.
News
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Phillips 66 (PSX) Q3 2024 Earnings Call Transcript
Phillips 66 (NYSE:PSX) Q3 2024 Earnings Conference Call October 29, 2024 12:00 PM ET Company Participants Jeff Dietert - VP, IR Mark Lashier - Chairman & CEO Kevin Mitchell - CFO Don Baldridge - EVP,...
Gold Gains 1%; Phillips 66 Shares Fall After Q3 Results
U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite gaining more than 150 points on Tuesday.
Strong Portfolio and Strategic Priorities Support Phillips 66 Third-Quarter Results
HOUSTON--(BUSINESS WIRE)--Phillips 66, a leading integrated downstream energy provider, announced third-quarter earnings.
Phillips 66: 3.4% Yield, Consistent Dividend Growth, Cheap
Phillips 66 offers a 3.4% dividend yield and growth potential in EBITDA, making it a solid investment for passive income investors. The company is well-managed with a diversified downstream portfolio,...
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Phillips 66 Is Expanding Past Its Refining Roots
Phillips 66 has an impressive portfolio of assets and midstream is a strong addition. The company is improving its ability to generate down-cycle profits which will support profits. Overall, we expect...
Jury Awards Propel Fuels $604.9 Million for Trade Secret Misappropriation by Phillips 66
SACRAMENTO, Calif.--(BUSINESS WIRE)--Propel Fuels, Inc. (“Propel”), a leading retailer of low-carbon fuels at stations throughout California, was awarded victory by a jury in its trade secrets misappr...
Phillips 66 hit with $604.9 mln US verdict in fuel trade-secrets case
Energy company Phillips 66 owes biofuel maker Propel Fuels $604.9 million in damages for stealing Propel's trade secrets to build up its renewable-fuel capabilities, a jury in a California state court...
Phillips 66 to Close Los Angeles Refinery in Fourth Quarter of 2025
The oil refiner said the unit's long-term sustainability is uncertain and affected by market dynamics.
Phillips 66 to cease operations at Los Angeles-area refinery
Phillips 66 said on Wednesday it plans to stop operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet cons...
Phillips 66 provides notice of its plan to cease operations at Los Angeles-area refinery
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced plans to cease operations at its Los Angeles refinery, will work with the state of California to meet ongoing consumer demand. .
Phillips 66 Sells Remaining Interest in Coop Mineraloel Joint Venture
Phillips 66 CEO Mark Lashier said the sale is part of the company's commitment to divest over $3 billion of assets. Coop Mineraloel operates 324 retail sites and petrol stations across Switzerland.
Phillips 66 announces agreement to sell interest in Switzerland-based joint venture
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced its subsidiary entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG.
Phillips 66 Announces Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has declared a quarterly dividend of $1.15 per share on Phillips 66 common stock.
Phillips 66 Appoints Grace Puma Whiteford to Board of Directors
HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has appointed Grace Puma Whiteford to serve on the company's board, effective Oct. 10.
Big Oil Urges Trump Not to Gut Biden's Climate Law
Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction Act potentially worth billions.
How To Earn $500 A Month From Phillips 66 Stock Ahead Of Q3 Earnings
When Phillips 66 PSX releases earnings results for its third quarter on Tuesday, Oct. 29, analysts expect the company to report quarterly earnings at $2.1 per share. That's down from $4.63 per share i...
Big oil companies defeat US consumer lawsuit over production, prices
Several oil companies including Exxon Mobil and Chevron on Monday defeated an appeal by consumers who accused them of colluding with former President Donald Trump's administration, Russia and Saudi Ar...
Phillips 66 to Announce Third-Quarter Financial Results
HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast at noon ET on Tuesday, Oct. 29, 2024, to discuss third-quarter 2024 financial results.
US Fuel Demand Has Been Soft, Phillips 66 CEO Says
Phillips 66 Chair and CEO Mark Lashier says US fuel demand has been "flat-to-weak" this year and expects rationalization of global refining capacity in 2025. He speaks on "Bloomberg The Close.
Voyager Midstream acquires some natgas assets from Phillips 66
Voyager Midstream Holdings, a portfolio firm of Pearl Energy Investments, said on Tuesday it has acquired some natural gas gathering and processing assets from Phillips 66 to boost its presence in Hay...
Voyager Midstream Acquires East Texas Natural Gas Gathering and Processing Assets From Phillips 66
HOUSTON & CARTHAGE, Texas--(BUSINESS WIRE)--Voyager Midstream Holdings (“Voyager”), a portfolio company of Pearl Energy Investments, announced today that it has acquired natural gas gathering and proc...
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