Phillips 66 (PSX)
| Market Cap | 46.11B |
| Revenue (ttm) | 137.77B |
| Net Income (ttm) | 1.85B |
| Shares Out | 407.58M |
| EPS (ttm) | 4.42 |
| PE Ratio | 25.57 |
| Forward PE | 15.61 |
| Dividend | $4.80 (4.24%) |
| Ex-Dividend Date | May 19, 2025 |
| Volume | 2,247,653 |
| Open | 111.52 |
| Previous Close | 112.98 |
| Day's Range | 111.41 - 113.38 |
| 52-Week Range | 91.01 - 150.12 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 139.77 (+23.55%) |
| Earnings Date | Apr 25, 2025 |
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 five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels. 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; gathers, processes, transports, and markets natural gas; transports, fractionates, mark... [Read more]
Financial Performance
In 2024, Phillips 66's revenue was $143.15 billion, a decrease of -2.88% compared to the previous year's $147.40 billion. Earnings were $2.11 billion, a decrease of -69.92%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for PSX stock is "Buy." The 12-month stock price forecast is $139.77, which is an increase of 23.55% from the latest price.
News
Phillips 66's Los Angeles refinery layoffs to begin in December, sources say
Phillips 66 is expected to lay off most workers at its 139,000-barrel-per-day Los Angeles-area refinery in December, sources familiar with the matter said on Thursday.
Phillips 66 Updates Preliminary Results on Election of Directors
HOUSTON--(BUSINESS WIRE)--Phillips 66 today updated the preliminary results for the election of directors at its annual meeting of shareholders held on May 21, 2025.
Elliott Announces Shareholders Vote for Change at Phillips 66
Vote Outcome Represents Clear Mandate from Shareholders Newly Elected Directors Sigmund Cornelius and Michael Heim Will Work Constructively with Their Fellow Directors to Help Unlock the Company's Ful...
Phillips 66 and Activist Elliott Set to Split Heated Boardroom Battle
Elliott had been pushing for four new board seats on oil refiner's board.
Activist Elliott poised to win two board seats at Phillips 66, source says
Activist hedge fund Elliott Investment Management has won enough support from Phillips 66 shareholders to secure two board seats on the U.S. oil refiner's board of directors in one of the country's bi...
Elliott Director Nominees Send Letter to Phillips 66 Shareholders
Independent Director Nominees Brian Coffman, Sigmund Cornelius, Michael Heim and Stacy Nieuwoudt Outline How Their Skills and Experiences Will Drive Positive Change at the Company Intend to Work Const...
Phillips 66 Issues Letter to Shareholders
HOUSTON--(BUSINESS WIRE)--Phillips 66 today sent a letter to shareholders highlighting the key issues on the ballot at its Annual Meeting on May 21.
Paul Singer's $2 Billion Energy Power Play: Phillips 66, Suncor Among Elliott's Top Holdings
Paul Singer isn't tiptoeing into the energy sector, he's charging in at full throttle.
Phillips 66 trims portfolio with German and Austria retail sale amid Elliott pressure
Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led consortium, valuing the unit at $2.8 billion, as the U.S. refiner streamli...
Stonepeak and Energy Equation Partners to Acquire Majority Interest in JET from Phillips 66
LONDON & HOUSTON--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and Energy Equation Partners (“EEP”), a newly formed investment firm...
Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business
HOUSTON--(BUSINESS WIRE)--Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business.
Faber Report: ISS backs Elliott in Phillips 66 fight
David Faber discusses the latest details on Elliott's proxy fight with Phillips 66.
Elliott Wins Backing from Proxy Advisers in Phillips 66 Boardroom Battle
The activist investor won support from influential proxy advisory firm ISS.
Phillips 66 Issues Statement Following Glass Lewis and ISS Reports
HOUSTON--(BUSINESS WIRE)--Phillips 66 today announced that it strongly disagrees with the recommendations issued by Institutional Shareholder Services and Glass Lewis & Co.
Leading Proxy Advisory Firm ISS Recommends Phillips 66 Shareholders Vote for All Four of Elliott's Director Nominees
ISS Validates Elliott's Case for Change and Recommends Nominees Brian Coffman, Sigmund Cornelius, Michael Heim and Stacy Nieuwoudt Notes Phillips 66's "Disappointing" Operating Performance, "Selective...
Elliott wins ISS support in Phillips 66 proxy battle
Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended that investors elect ...
Phillips 66 to Host Annual Meeting of Shareholders
HOUSTON--(BUSINESS WIRE)--Phillips 66 will host its 2025 Annual Meeting of Shareholders on Wednesday, May 21 at 8 a.m. CT in a virtual-only format via audio webcast.
Glass Lewis Recommends Shareholders Support Elliott's Case for Urgent Board Change at Phillips 66
Glass Lewis Recognizes Need for Independent Perspectives in the Phillips 66 Boardroom and Recommends Support for Elliott Director Nominees Brian Coffman, Sigmund Cornelius and Michael Heim Concludes E...
Phillips 66 Provides Statement of Critical Facts
HOUSTON--(BUSINESS WIRE)--Phillips 66 today provided investors with important information to make fully informed voting decisions at the Phillips 66 Annual Meeting on May 21.
Phillips 66: Refining Turn & Activist Pressure Create Opportunity
Phillips 66 shares have underperformed, losing about 25% over the past year, due to weak refining margins and macroeconomic challenges. Q1 results were weak, with a $0.90 loss per share, but turnaroun...
Elliott Management Presents the Choice for Phillips 66 Shareholders
PSX Leadership Supports Poor Performance and the Status Quo Elliott's "Streamline 66" Plan Would Create a Stronger Phillips 66 Based on Experience and Results, Not Rhetoric Visit Streamline66.com to...
Elliott Fails to Address Key Investor Questions
HOUSTON--(BUSINESS WIRE)--Phillips 66 today responded to a May 2 letter released by Elliott Management.
Elliott Sends Letter to Shareholders Detailing Phillips 66's Broken Corporate Governance and Disingenuous Shareholder Engagement
Asserts that the Company's Current Directors Have Allowed a Culture of Complacency and Deference to Management to Take Root in the Boardroom Debunks Phillips 66's Misleading Claims Urges Shareholde...
Phillips 66 CEO on Proxy Fight with Elliott
Mark Lashier, chairman and CEO of Phillips 66, joins "Bloomberg The Close" to discuss how the US fuel maker is navigating current economic conditions and the latest on their proxy fight with Elliott I...
Elliott Releases Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Director Nominee Michael Heim
Episode With Mr. Heim, A Founder of Targa Resources, Features Perspectives on Phillips 66 Operations and Value-Unlocking Options for the Company's High-Quality Assets Visit Streamline66.com to Subscr...