Phillips 66 (PSX)
- Previous Close
142.90 - Open
144.00 - Bid --
- Ask --
- Day's Range
141.62 - 144.30 - 52 Week Range
89.74 - 174.08 - Volume
1,692,823 - Avg. Volume
2,607,939 - Market Cap (intraday)
60.282B - Beta (5Y Monthly) 1.40
- PE Ratio (TTM)
10.93 - EPS (TTM)
13.01 - Earnings Date Jul 31, 2024 - Aug 5, 2024
- Forward Dividend & Yield 4.60 (3.24%)
- Ex-Dividend Date May 17, 2024
- 1y Target Est
166.14
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 processing services; and gathers, processes, transports, and markets natural gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels. This segment also manufactures and markets specialty products, such as base oils and lubricants. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.
www.phillips66.com14,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Oil & Gas Refining & Marketing
Industry
Recent News: PSX
Performance Overview: PSX
Trailing total returns as of 5/23/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: PSX
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: PSX
Valuation Measures
Market Cap
60.28B
Enterprise Value
78.87B
Trailing P/E
10.93
Forward P/E
10.49
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
0.42
Price/Book (mrq)
2.03
Enterprise Value/Revenue
0.53
Enterprise Value/EBITDA
7.34
Financial Highlights
Profitability and Income Statement
Profit Margin
3.90%
Return on Assets (ttm)
5.35%
Return on Equity (ttm)
18.03%
Revenue (ttm)
148.81B
Net Income Avi to Common (ttm)
5.79B
Diluted EPS (ttm)
13.01
Balance Sheet and Cash Flow
Total Cash (mrq)
1.57B
Total Debt/Equity (mrq)
65.45%
Levered Free Cash Flow (ttm)
1.23B
Research Analysis: PSX
Company Insights: PSX
PSX does not have Company Insights
Research Reports: PSX
Phillips 66 Earnings: First-Quarter Results Short of Expectations, but Long-Term Targets on Track
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
RatingPrice TargetArgus Quick Note: Weekly Stock List for 04/29/2024: Our Favorite Energy Stocks
Energy may be an Under-Weight sector based on our model, but that doesn't mean it shouldn't be in diversified portfolios. Energy now accounts for 3.7% of S&P 500 market cap; over the past five years, the weighting has ranged from 2% to 10%. We think investors should consider allocating 3%-4% of their diversified portfolios to the Energy group. The sector is outperforming thus far in 2024, with a gain of 14.8% compared to a 7.4% increase in the S&P 500. It underperformed in 2023, with a decline of 4.8%. The sector includes the major integrated firms, as well as exploration & production, refining, and oilfield & drilling services companies. Here are the Energy companies that either are on our Focus List or are used in our model portfolios.
Phillips 66's Earnings Growth Will Reduce Reliance on Refining and Increase Shareholder Returns
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
RatingPrice TargetPhillips 66's Earnings Growth Will Reduce Reliance on Refining and Increase Shareholder Returns
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
RatingPrice Target