Phillips 66 (PSX)
| Market Cap | 39.88B |
| Revenue (ttm) | 143.15B |
| Net Income (ttm) | 2.11B |
| Shares Out | 407.70M |
| EPS (ttm) | 4.99 |
| PE Ratio | 19.60 |
| Forward PE | 18.18 |
| Dividend | $4.60 (4.70%) |
| Ex-Dividend Date | Feb 24, 2025 |
| Volume | 2,057,048 |
| Open | 99.74 |
| Previous Close | 97.38 |
| Day's Range | 96.15 - 100.16 |
| 52-Week Range | 91.01 - 165.00 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 141.92 (+45.08%) |
| 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 $141.92, which is an increase of 45.08% from the latest price.
News
Phillips 66 Sets the Record Straight on Gregory J. Goff's Relationship with Elliott Management
HOUSTON--(BUSINESS WIRE)--Phillips 66 today responded to a letter released by Gregory J. Goff to Phillips 66 Shareholders.
Veteran Energy Executive Gregory Goff Backs Elliott's Plan to Unlock Value at Phillips 66
Elliott Welcomes Support from Former Andeavor CEO Gregory Goff as It Seeks Strategic, Operational and Governance Improvements at Phillips 66 Learn More at Streamline66.com WEST PALM BEACH, Fla. , Apri...
Energy Industry Veteran Gregory J. Goff Releases Letter to Fellow Phillips 66 Shareholders
Breakdown in board governance enabled the pursuit of a strategy that has not delivered for shareholders Goff supports Elliott's engagement with Phillips 66 to maximize long-term value for all sharehol...
Elliott Launches "Streamline 66" Podcast Featuring 1:1 Conversations with Its Best-in-Class Director Nominees
First Episode with Brian Coffman, Former CEO of Motiva, Features Refining Discussion Based on Over 40-Years of Industry Expertise Program Accessible on Apple, Spotify, YouTube and More Visit Streamlin...
Phillips 66 Files Definitive Proxy Statement and Issues Letter to Shareholders
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced that it has filed its definitive proxy materials with the U.S. SEC in connection with its Annual Meeting of Shareholders.
Refining stocks plunge to near two-year lows as Trump tariffs spur demand worries
Shares of U.S. refiners fell to two-year lows on Friday in the wake of U.S. President Trump's announcement of new tariffs, as fears of slower oil and fuel demand and weakening refining margins rattled...
Activist Elliott Names Nominees for Phillips 66 Board Amid Proxy Fight
Activist investor Elliott Investment Management disclosed the names of its four nominees to join Phillips 66' board of directors, in a move that comes shortly after it sued the oil refiner and its boa...
Elliott says Phillips 66 share price could hit $200 if changes are made
Elliott Investment Management said on Thursday that Phillips 66's stock price could nearly double to $200 if the oil refiner sells or spins off its midstream business and puts more focus on refining a...
Elliott Investment Names Its Nominees for Phillips 66 Board
Activist investor Elliott Investment Management disclosed the names of its four nominees to join Phillips 66' board of directors, in a move that comes shortly after it sued the oil refiner and its boa...
Elliott Sends Letter to Shareholders and Mails Definitive Proxy Materials Outlining Why Board Change is Needed at Phillips 66
Highlights Plan to Improve Performance, Strengthen Accountability and Increase Shareholder Value Identifies Slate of Four Highly Qualified Independent Director Candidates with Decades of Experience in...
Phillips 66: Refining Crack Spreads Have Recovered And Chemical Margins Are Not Far Behind
The recovery in the refining sector is under way after the first closure of 2025 and unexpected downtime at competitor PBF's Martinez refinery. Closure announcements in the European petrochemical indu...
Phillips 66 completes acquisition of EPIC NGL
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced today the completion of its previously announced acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP.
Phillips 66 to announce first-quarter financial results
HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast on Friday, April. 25, 2025, to discuss the company's first-quarter 2025 financial results.
Phillips 66 director criticizes activist investor Elliott amid proxy battle
Phillips 66's independent director, Bob Pease, defended the company's performance and criticized Elliott Investment Management on Friday, as a boardroom battle between the U.S. refiner and the activis...
A Letter From Independent Director Bob Pease to Phillips 66 Shareholders
HOUSTON--(BUSINESS WIRE)--Phillips 66 today released a letter from Independent Director Bob Pease to the Company's shareholders.
Goldman Sachs Shifts Oil Sector Outlook: Par Pacific Set For Rebound, Phillips 66 Faces Challenges
Goldman Sachs analyst Neil Mehta revised the rating and updated estimates on Thursday for several major American oil companies.
Elliott Management Applies Pressure With Phillips 66 Board Fight
Phillips 66 has underperformed compared to peers, with chronic issues in its Refining Segment and large investments in underperforming global pet-chem plants. Earlier this month, activist investor Ell...
Phillips 66 Nominates Two Directors as Battle With Activist Investor Elliott Continues
Oil refiner Phillips 66 (PSX) said Wednesday it is nominating two new directors to its board, as its proxy fight with activist Elliott Investment Management continues.
Phillips 66 Files Preliminary Proxy Statement for 2025 Annual Meeting
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced it has filed its preliminary proxy materials with the U.S. SEC in connection with its 2025 Annual Meeting of Shareholders.
Phillips 66 to Propose New Board Members Amid Elliott Battle
The activist investor has pushed the oil refiner to sell or spin off its midstream business.
Activist Elliott Sues Phillips 66 and Board in Another Push for Seat Changes
Activist investor Elliott Investment Management sued Phillips 66 and its board of directors to require four board seats be up for election at the oil refiner's next annual shareholder meeting.
Elliott sues Phillips 66 to order nomination of four board members
Elliott Investment Management said on Tuesday it had filed a lawsuit in the Court of Chancery of the State of Delaware against refiner Phillips 66 and its Board of Directors, seeking an order that wou...
Elliott Takes Legal Action to Protect the Rights of Phillips 66 Stockholders
Seeks an Order Requiring That Four Board Seats Be Up for Election at Phillips' 2025 Annual Meeting Asserts Company Has Demonstrated a Pattern of Gamesmanship and Poor Corporate Governance Requests Exp...
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.