Phillips 66 (PSX) Stock Price, News & Analysis

Company Overview

Phillips 66 (NYSE: PSX) is a diversified energy manufacturing and logistics company headquartered in Houston, Texas. Established in its current form through the spin-off of ConocoPhillips in 2012, the company traces its brand heritage to the original Phillips Petroleum Company, which launched the iconic “66” motor fuel in 1927. Today, Phillips 66 operates across four principal segments—Refining, Midstream, Chemicals, and Marketing and Specialties—providing a broad suite of products and services to customers worldwide.

In its Refining segment, Phillips 66 owns interest in 13 world-scale refineries with a combined crude oil processing capacity exceeding two million barrels per day. These facilities convert crude oil into transportation fuels, petrochemical feedstocks, lubricants and specialty products. The Midstream business spans approximately 14,000 miles of pipelines and 97 terminals, offering crude oil and natural gas liquids gathering, transportation, fractionation and storage services. This integrated network supports stable operations and optimizes feedstock supply to both the company’s own refineries and third-party customers.

The Chemicals segment is run through the Chevron Phillips Chemical joint venture, one of the world’s largest producers of olefins and polyolefins. It manufactures a variety of high-performance plastics, resins and specialty polymers for industries ranging from packaging and automotive to construction and consumer goods. Meanwhile, the Marketing and Specialties unit sells branded fuels under the Phillips 66, Conoco and 76 names across more than 10,000 outlets in the United States, Europe and Asia, along with marine lubricants, aviation fuels and specialty fluids for industrial applications.

Serving customers across North America, Europe and the Asia-Pacific region, Phillips 66 leverages a global supply chain and substantial infrastructure footprint to deliver energy products safely and reliably. Its management team—led since inception by industry veteran Greg C. Garland—focuses on operational excellence, disciplined capital allocation and sustainability initiatives, including emissions reduction and hydrogen development. Through these efforts, the company aims to meet evolving energy needs while creating long-term value for stakeholders.

Key Stats

• Today's Range: $132.05 to $134.34
• 50-Day Range: $118.36 to $134.37
• 52-Week Range: $91.01 to $140.85
• Volume: 1.53 million shs
• Average Volume: 2.01 million shs
• Market Capitalization: $54.03 billion
• P/E Ratio: 32.14
• Dividend Yield: 3.59%
• Price Target: $136.20
• Consensus Rating: Moderate Buy

Phillips 66 Stock Analysis - MarketRank™

Phillips 66 scored higher than 97% of companies evaluated by MarketBeat, and ranked 21st out of 269 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Phillips 66 has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 9 buy ratings, 9 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Phillips 66 has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 74.26%

Earnings Growth

Earnings for Phillips 66 are expected to grow by 74.26% in the coming year, from $6.80 to $11.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Phillips 66 is 32.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Phillips 66 is 32.14, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 67.23.

Price to Earnings Growth Ratio

Phillips 66 has a PEG Ratio of 1.80. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Phillips 66 has a P/B Ratio of 1.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.97% of the float of Phillips 66 has been sold short.

Short Interest Ratio / Days to Cover

Phillips 66 has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Phillips 66 has recently decreased by 7.02%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

Phillips 66 is a leading dividend payer. It pays a dividend yield of 3.62%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Phillips 66 has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Phillips 66 is 115.38%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Phillips 66 will have a dividend payout ratio of 40.51% next year. This indicates that Phillips 66 will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -5.56

Percentage of Shares Shorted

1.97% of the float of Phillips 66 has been sold short.

Short Interest Ratio / Days to Cover

Phillips 66 has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Phillips 66 has recently decreased by 7.02%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.45

News Sentiment

Phillips 66 has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.95 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 28 news articles for Phillips 66 this week, compared to 31 articles on an average week.

Search Interest

12 people have searched for PSX on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.

MarketBeat Follows

9 people have added Phillips 66 to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Phillips 66 insiders have sold 51.07% more of their company's stock than they have bought. Specifically, they have bought $1,188,910.00 in company stock and sold $1,796,090.00 in company stock.

Percentage Held by Insiders

Only 0.22% of the stock of Phillips 66 is held by insiders.

Percentage Held by Institutions

76.93% of the stock of Phillips 66 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PSX Stock Analysis - Frequently Asked Questions

How have PSX shares performed this year?

Phillips 66's stock was trading at $113.93 on January 1st, 2025. Since then, PSX shares have increased by 17.3% and is now trading at $133.6930.

How were Phillips 66's earnings last quarter?

Phillips 66 (NYSE:PSX) released its earnings results on Friday, July, 25th. The oil and gas company reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.59. The oil and gas company had revenue of $33.77 billion for the quarter, compared to analyst estimates of $32.11 billion. Phillips 66 had a trailing twelve-month return on equity of 4.87% and a net margin of 1.27%.
Read the conference call transcript.

Does Phillips 66 have any subsidiaries?

Phillips 66 subsidiaries include Spectrum Corporation, Tosco Corporation, Asamera Oil (US) Inc., Central Retail Holdings LLC, C.S. Land Inc., Douglas Oil Company of California, eFUEL LLC, and more.

Who are Phillips 66's major shareholders?

Phillips 66's top institutional shareholders include Vanguard Group Inc. (11.47%), State Street Corp (6.02%), Elliott Investment Management L.P. (4.76%) and Geode Capital Management LLC (2.56%). Insiders that own company stock include Greg C Garland, Kevin J Mitchell, Brian Mandell, Timothy D Roberts, Vanessa Allen Sutherland, Gregory Hayes, Richard G Harbison, Zhanna Golodryga, Sigmund L Cornelius, Michael A Heim, Joseph Scott Pruitt and Robert W Pease.
View institutional ownership trends.

How do I buy shares of Phillips 66?

Shares of PSX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Phillips 66 own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Phillips 66 investors own include Chevron (CVX), NVIDIA (NVDA), Bristol Myers Squibb (BMY), Comcast (CMCSA), McKesson (MCK), Charles Schwab (SCHW) and Meta Platforms (META).

Company Calendar

• Record date for 6/2 Dividend: 5/19/2025
• Ex-Dividend for 6/2 Dividend: 5/19/2025
• Dividend Payable: 6/02/2025
• Last Earnings: 7/25/2025
• Record date for 9/2 Dividend: 8/19/2025
• Ex-Dividend for 9/2 Dividend: 8/19/2025
• Today: 8/29/2025
• Dividend Payable: 9/02/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL REFING&MKTG
• Sub-Industry: Oil & Gas Refining & Marketing
• Current Symbol: NYSE:PSX
• CIK: 1534701
• Web: www.phillips66.com
• Phone: (281) 293-6600
• Fax: 302-636-5454
• Employees: 13,200
• Year Founded: 1875

Price Target and Rating

• Average Price Target for Phillips 66: $136.20
• High Price Target: $156.00
• Low Price Target: $115.00
• Potential Upside/Downside: +1.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.58
• Research Coverage: 19 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.16
• Trailing P/E Ratio: 32.14
• Forward P/E Ratio: 19.66
• P/E Growth: 1.8
• Net Income: $2.12 billion
• Net Margins: 1.27%
• Pretax Margin: 1.60%
• Return on Equity: 4.87%
• Return on Assets: 1.90%

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 1.07
• Quick Ratio: 0.79

Sales & Book Value

• Annual Sales: $145.50 billion
• Price / Sales: 0.37
• Cash Flow: $12.20 per share
• Price / Cash Flow: 10.96
• Book Value: $70.84 per share
• Price / Book: 1.89

Miscellaneous

• Outstanding Shares: 404,120,000
• Free Float: 403,235,000
• Market Cap: $54.03 billion
• Optionable: Optionable
• Beta: 1.09