Phillips 66 (PSX)
| Market Cap | 45.58B |
| Revenue (ttm) | 147.74B |
| Net Income (ttm) | 3.36B |
| Shares Out | 412.99M |
| EPS (ttm) | 7.83 |
| PE Ratio | 14.09 |
| Forward PE | 13.51 |
| Dividend | $4.60 (4.17%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 3,614,938 |
| Open | 110.49 |
| Previous Close | 110.35 |
| Day's Range | 109.98 - 112.05 |
| 52-Week Range | 109.39 - 174.08 |
| Beta | 1.34 |
| Analysts | Buy |
| Price Target | 149.00 (+35.0%) |
| Earnings Date | Jan 31, 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 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 $149.0, which is an increase of 35.00% from the latest price.
News
Phillips 66 to speak at Goldman Sachs Energy, CleanTech & Utilities Conference
HOUSTON--(BUSINESS WIRE)--Phillips 66 to speak at Goldman Sachs Energy, CleanTech & Utilities Conference.
Phillips 66 to announce fourth-quarter and full-year financial results
HOUSTON--(BUSINESS WIRE)--Phillips 66 will host a webcast at noon ET on Friday, Jan. 31, 2025, to discuss the company's fourth-quarter and full-year 2024 financial results.
Phillips 66 announces agreement to sell interest in Gulf Coast Express
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC for pre-tax total cash proceeds of $865 million.
Phillips 66 announces 2025 capital program
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.
Phillips 66 teams with NextEra to power California refinery with solar energy
Phillips 66 will power its refinery in Rodeo, California with a new solar facility owned and operated by electrical utility NextEra Energy , the refiner said on Tuesday.
Phillips 66 teams with NextEra Energy Resources to power Rodeo Renewable Energy Complex with solar facility
HOUSTON--(BUSINESS WIRE)--Phillips 66 is teaming up with a subsidiary of NextEra Energy Resources, LLC to power Phillips 66's Rodeo Renewable Energy Complex.
Phillips 66 Is Accused of Violating the Clean Water Act
The oil company was indicted on charges of dumping nearly 800,000 gallons of contaminated wastewater into the Los Angeles County sewer system.
Phillips 66 indicted for violating Clean Water Act
A grand jury indicted Phillips 66 for violating the federal Clean Water Act by illegally discharging 790,000 gallons of industrial wastewater into Los Angeles County's sewer system, and failing to rep...
These Could Be The Last 2 Cheap Dividends After The Election Bounce
Trump's win cements what we've been saying for months: You can forget about a hard landing or a soft landing—This economy is headed for no landing at all.
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,...
How To Profit As AI, And Jay Powell, Send Energy Stocks Soaring
Last week's oil-price drop has set us up to buy some top-flight energy dividends on the cheap. We're going to grab one with a “hidden” 10.3% yield in just a moment.
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.