Phillips 66 (PSX)
| Market Cap | 43.82B |
| Revenue (ttm) | 137.77B |
| Net Income (ttm) | 1.85B |
| Shares Out | 407.58M |
| EPS (ttm) | 4.42 |
| PE Ratio | 24.30 |
| Forward PE | 15.69 |
| Dividend | $4.80 (4.47%) |
| Ex-Dividend Date | May 19, 2025 |
| Volume | 306,649 |
| Open | 105.81 |
| Previous Close | 107.15 |
| Day's Range | 105.81 - 107.56 |
| 52-Week Range | 91.01 - 150.12 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 138.62 (+28.94%) |
| 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 $138.62, which is an increase of 28.94% from the latest price.
News
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...
Elliott Management Releases Investor Presentation on Phillips 66
Highlights Path to Unlocking Substantial Upside By Reversing Company's Cycle of Underperformance "Streamline 66" Plan Would Transform Phillips 66 Through Board Enhancements, Operational Improvements ...
Phillips 66 Files Investor Presentation Highlighting Proven Strategy, Board Strength and Path for Shareholder Value Creation
HOUSTON--(BUSINESS WIRE)--Phillips 66 today filed an investor presentation with the U.S. SEC in connection with its upcoming Annual Meeting of Shareholders on May 21, 2025.
Phillips 66 (PSX) Q1 2025 Earnings Call Transcript
Phillips 66 (NYSE:PSX) Q1 2025 Earnings Conference Call April 25, 2025 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - Chairman and Chief Executive O...
Crude Oil Edges Higher; Phillips 66 Posts Wider-Than-Expected Loss
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 1% on Friday.
Phillips 66 Reports Wider-Than-Expected Adjusted Loss Amid Elliott Pressure
Shares of Phillips 66 (PSX), under pressure from activist Elliott Investment Management, fell Friday after the energy firm posted a wider-than-expected adjusted loss.
US refiner Phillips 66 posts bigger-than-expected quarterly loss
Phillips 66 reported a bigger-than-expected first-quarter loss on Friday, as lower refining margins amid a widespread maintenance and turnaround activity across the U.S. refining sector weighed on its...
Phillips 66 Reports First-Quarter Results
HOUSTON--(BUSINESS WIRE)--Phillips 66, a leading integrated downstream energy provider, announced first-quarter earnings.
Independent Directors of Phillips 66 Issue Letter to Investors and Their Stewardship Teams
HOUSTON--(BUSINESS WIRE)--Phillips 66 sent a letter from the Independent Directors of the Board to the Company's shareholders and to independent proxy advisors.
Elliott Releases Fourth Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Director Nominee Sigmund Cornelius
Discussion Focuses on His Significant Experience at ConocoPhillips and Importance of Evaluating Opportunities to Realize Full Value of Phillips 66's Assets Visit Streamline66.com to Subscribe to the ...
Phillips 66 Announces Increase in Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has declared a quarterly dividend of $1.20 per share on Phillips 66 common stock.
Phillips 66 Issues Letter to Shareholders
HOUSTON--(BUSINESS WIRE)--Phillips 66 sent a letter to shareholders highlighting information for shareholders to make an informed voting decision at the Annual Meeting.
Phillips 66 fires back at Elliott over Citgo conflict of interest amid board fight
Phillips 66 is arguing that Elliott Investment Management should back down from its push to break up the energy company because the activist investor is conflicted from a separate effort to acquire on...
Elliott Releases Bonus Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Partner John Pike
Discussion Covers Elliott's Engagement with Phillips 66 and the Path to Unlocking Significant Value at the Company Visit Streamline66.com to Subscribe to the Podcast and Learn About Elliott's "Stream...
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...