Phillips 66 (PSX) Projected to Post Earnings on Wednesday

Key Points

• Phillips 66 is expected to report its Q3 2025 earnings on Wednesday, October 29th, forecasting earnings of $2.37 per share and revenue of $32.2938 billion.
• The company announced a quarterly dividend of $1.20 per share set to be paid on December 1st, reflecting an annualized yield of 3.7%.
• Recent insider purchases indicate confidence in the company, with insiders acquiring nearly 9,850 shares valued at about $1,188,910 in the last three months.

Phillips 66 (NYSE:PSX - Get Free Report) is projected to issue its Q3 2025 results before the market opens on Wednesday, October 29th. Analysts expect the company to announce earnings of $2.37 per share and revenue of $32.2938 billion for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Wednesday, October 29, 2025 at 12:00 PM ET.

Phillips 66 (NYSE:PSX - Get Free Report) last released its quarterly earnings results on Friday, July 25th. The oil and gas company reported $2.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.79 by $0.59. The company had revenue of $33.77 billion during the quarter, compared to analysts' expectations of $32.11 billion. Phillips 66 had a net margin of 1.27% and a return on equity of 4.87%. During the same period in the prior year, the company earned $2.31 earnings per share. On average, analysts expect Phillips 66 to post $7 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Phillips 66 Trading Down 1.3%

Shares of NYSE:PSX opened at $128.58 on Wednesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.79 and a current ratio of 1.07. The stock's 50-day moving average is $130.84 and its 200-day moving average is $121.16. The company has a market cap of $51.96 billion, a P/E ratio of 30.91, a P/E/G ratio of 1.81 and a beta of 1.11. Phillips 66 has a 52-week low of $91.01 and a 52-week high of $142.35.

Phillips 66 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be paid a dividend of $1.20 per share. The ex-dividend date is Monday, November 17th. This represents a $4.80 annualized dividend and a yield of 3.7%. Phillips 66's dividend payout ratio is presently 115.38%.

Insider Transactions at Phillips 66

In other Phillips 66 news, Director Michael A. Heim acquired 1,000 shares of Phillips 66 stock in a transaction dated Wednesday, July 30th. The stock was bought at an average cost of $125.97 per share, with a total value of $125,970.00. Following the acquisition, the director owned 12,043 shares of the company's stock, valued at approximately $1,517,056.71. The trade was a 9.06% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gregory Hayes bought 8,350 shares of the firm's stock in a transaction dated Thursday, August 14th. The shares were acquired at an average price of $119.90 per share, for a total transaction of $1,001,165.00. Following the completion of the transaction, the director owned 29,423 shares in the company, valued at $3,527,817.70. This represents a 39.62% increase in their position. The disclosure for this purchase can be found here. Insiders bought 9,850 shares of company stock valued at $1,188,910 in the last ninety days. 0.22% of the stock is owned by company insiders.

Institutional Investors Weigh In On Phillips 66

A number of institutional investors have recently added to or reduced their stakes in PSX. Brighton Jones LLC lifted its position in shares of Phillips 66 by 238.5% during the 4th quarter. Brighton Jones LLC now owns 10,239 shares of the oil and gas company's stock worth $1,166,000 after buying an additional 7,214 shares during the period. Woodline Partners LP grew its position in Phillips 66 by 40.7% in the first quarter. Woodline Partners LP now owns 34,891 shares of the oil and gas company's stock valued at $4,308,000 after acquiring an additional 10,089 shares during the period. Sei Investments Co. raised its stake in Phillips 66 by 28.3% during the second quarter. Sei Investments Co. now owns 157,455 shares of the oil and gas company's stock worth $18,788,000 after acquiring an additional 34,698 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Phillips 66 by 9.1% during the second quarter. The Manufacturers Life Insurance Company now owns 346,679 shares of the oil and gas company's stock valued at $41,359,000 after acquiring an additional 28,988 shares during the period. Finally, Glenview Trust co boosted its stake in shares of Phillips 66 by 2.6% in the 2nd quarter. Glenview Trust co now owns 8,949 shares of the oil and gas company's stock valued at $1,068,000 after purchasing an additional 229 shares in the last quarter. 76.93% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on the company. UBS Group lifted their price target on Phillips 66 from $143.00 to $150.00 and gave the stock a "buy" rating in a research report on Monday, September 22nd. Mizuho boosted their target price on shares of Phillips 66 from $140.00 to $142.00 and gave the stock a "neutral" rating in a research report on Monday, September 15th. Morgan Stanley upped their target price on shares of Phillips 66 from $128.00 to $140.00 and gave the company an "equal weight" rating in a research note on Friday, October 3rd. Jefferies Financial Group raised their price target on shares of Phillips 66 from $133.00 to $137.00 and gave the stock a "hold" rating in a research report on Friday, October 10th. Finally, Raymond James Financial restated an "outperform" rating and set a $150.00 price objective (up previously from $145.00) on shares of Phillips 66 in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have assigned a Hold rating to the company's stock. According to data from MarketBeat, Phillips 66 has a consensus rating of "Moderate Buy" and a consensus price target of $141.50.

Phillips 66 Company Profile

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.

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