Phillips 66 (PSX)
| Market Cap | 49.78B |
| Revenue (ttm) | 147.74B |
| Net Income (ttm) | 3.36B |
| Shares Out | 412.99M |
| EPS (ttm) | 7.83 |
| PE Ratio | 15.39 |
| Forward PE | 20.45 |
| Dividend | $4.60 (3.82%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 1,848,828 |
| Open | 119.72 |
| Previous Close | 119.63 |
| Day's Range | 118.74 - 120.98 |
| 52-Week Range | 108.91 - 174.08 |
| Beta | 1.37 |
| Analysts | Buy |
| Price Target | 148.31 (+23.05%) |
| 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 $148.31, which is an increase of 23.05% from the latest price.
News
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...
EPIC Y-Grade Agrees to Sell Business for $2.20 Billion to Phillips 66
HOUSTON--(BUSINESS WIRE)--EPIC Y-Grade, LP (“EPIC Y-Grade” or “the Company”) announced that it has entered into definitive agreements with Phillips 66 (NYSE: PSX) to sell its natural gas liquids (“NGL...
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.
Oil refiner Phillips 66 plans to acquire EPIC NGL in $2.2 bln deal
U.S. oil refiner Phillips 66 said on Monday it will acquire EPIC Y-Grade GP and EPIC Y-Grade in an all-cash deal for $2.2 billion.
Phillips 66 to grow Permian midstream business with EPIC NGL acquisition
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP for total cash consideration of $2.2 billion.
Top 3 Energy Stocks That Could Lead To Your Biggest Gains This Month
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Phillips 66: Bottom Fishing At The Bottom Of The Refining Cycle (Rating Upgrade)
The near term outlook for refining is poor. However, it appears that the market is approaching a bottom as several refineries close globally. Each of these closures should improve profitability at nei...
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...