Phillips 66 (PSX)
Market Cap | 51.48B |
Revenue (ttm) | 143.15B |
Net Income (ttm) | 2.11B |
Shares Out | 407.70M |
EPS (ttm) | 4.99 |
PE Ratio | 25.39 |
Forward PE | 18.52 |
Dividend | $4.60 (3.63%) |
Ex-Dividend Date | Feb 24, 2025 |
Volume | 607,968 |
Open | 126.94 |
Previous Close | 126.47 |
Day's Range | 125.49 - 127.90 |
52-Week Range | 108.91 - 174.08 |
Beta | 1.29 |
Analysts | Buy |
Price Target | 149.92 (+18.74%) |
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 $149.92, which is an increase of 18.74% from the latest price.
News

Phillips 66 (PSX) Piper Sandler 25th Annual Energy Conference (Transcript)
Phillips 66 (NYSE:PSX) Piper Sandler 25th Annual Energy Conference March 18, 2025 1:50 PM ET Company Participants Mark Lashier - Chairman & CEO Conference Call Participants Ryan Todd - Piper Sandler ...

Phillips 66 Issues Letter to Shareholders
HOUSTON--(BUSINESS WIRE)--Phillips 66 today issued a letter to its shareholders.

Phillips 66 to speak at Piper Sandler 25th Annual Energy Conference
HOUSTON--(BUSINESS WIRE)--Mark Lashier, chairman and CEO of Phillips 66, will participate in a fireside chat at the Piper Sandler 25th Annual Energy Conference.

Elliott Announces Director Candidates for the Board of Phillips 66
Elliott Has Nominated Seven Highly Qualified Candidates with Best-in-Class Experience in Refining and Midstream Operations, Capital Allocation, and Complex Transactions Files Preliminary Proxy and Sub...

Exclusive: Elliott nominates 7 directors at Phillips 66, ratchets up pressure
Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes that include spinning off or selling its midstream business, two people famili...

Bridger Photonics Expands Aerial Methane Detection to Phillips 66's Entire Midstream Operations
BOZEMAN, Mont.--(BUSINESS WIRE)--Bridger Photonics Inc. (“Bridger”) has expanded its partnership with Phillips 66 across the operator's entire midstream value chain to further enhance methane leak det...

Phillips 66: Ignore Elliott Management
Phillips 66 has seen strong pressure from Elliott Management, which has become a top 5 shareholder advocating for a breakup. The company has an impressive and growing dividend yield along with a commi...

Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position and stepped up its efforts.

My Top 10 High Dividend Yield Stocks For February 2025: Two Yield Over 7%
Implementing a high dividend yield strategy can provide substantial income and stability during market volatility, supporting long-term investment goals without selling during declines. The selected 1...

Phillips 66 Announces Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Phillips 66 Announces Quarterly Dividend.

Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66 , and plans to push for operational changes as well as the sale of the company'...

Elliott Sends Letter and Presentation to the Board of Phillips 66
Highlights Need to Streamline Portfolio, Improve Operating Performance and Enhance Oversight Discloses a More Than $2.5 Billion Position Full Letter and Presentation Available at Streamline66.com WEST...
Activist Elliott Management ramps up stake in Phillips 66 to $2.5 billion
CNBC's Andrew Ross Sorkin reports on the latest news.

Elliott has reportedly increased its Phillips 66 stake. Here's its plan.
Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in the energy space.

Activist Elliott builds over $2.5 billion stake in Phillips 66, WSJ reports
Activist Elliott Investment Management has built an over $2.5 billion stake in Phillips 66 and plans to push the oil refiner to consider operational changes to boost its stock price, the Wall Street J...

The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead
I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my po...

Phillips 66 Digital Transformation Analysis Report 2024: Accelerators, Incubators, and Innovation Programs
Dublin, Feb. 04, 2025 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Phillips 66 2024" report has been added to ResearchAndMarkets.com's offering.

ArcLight Announces $865 Million Acquisition of Strategic Pipeline Interest
BOSTON , Feb. 3, 2025 /PRNewswire/ -- ArcLight Capital Partners, LLC and affiliates (collectively, "ArcLight") announced today that it has completed the acquisition of a 25% equity interest in Gulf Co...

Phillips 66 (PSX) Q4 2024 Earnings Call Transcript
Phillips 66. (NYSE:PSX) Q4 2024 Earnings Conference Call January 31, 2025 12:00 PM ET Company Participants Jeff Dietert - VP, IR Mark Lashier - Chairman & CEO Kevin Mitchell - CFO Don Baldridge - EVP...

Phillips 66 reports smaller-than-expected fourth quarter loss
Refiner Phillips 66 reported a smaller-than-expected loss on Friday.

Phillips 66 Reports Fourth-Quarter Results and Announces Next Phase of Strategic Initiatives
HOUSTON--(BUSINESS WIRE)--Phillips 66, a leading integrated downstream energy provider, announced fourth-quarter earnings.

Top Wall Street Forecasters Revamp Phillips 66 Price Expectations Ahead Of Q4 Earnings
Phillips 66 PSX will release its fourth-quarter financial results, before the opening bell, on Friday, Jan. 31, 2025.
Struggling to find how 'drill, baby, drill' will work, says top oil analyst Paul Sankey
Paul Sankey, Sankey Research, joins 'Fast Money' to talk why he thinks oil prices will climb under Trump 2.0.

Cyclum NextGen Travel Centers Announces 76® Branding Agreement With Phillips 66 for Its Next Generation of Travel Centers
CORNELIUS, N.C.--(BUSINESS WIRE)--Cyclum NextGen Travel Centers, an innovator in zero carbon fuels and the next generation in travel centers, is proud to announce a branding agreement with Phillips 66...

Phillips 66 Makes An Intelligent Acquisition Of EPIC NGL
Phillips 66's $2 billion acquisition in the Permian Basin enhances midstream portfolio, expected to generate $280 million in EBITDA with synergies. The company doubled its midstream EBITDA over 3 year...