About Phillips 66 (NYSE:PSX)
Phillips 66 operates as an energy manufacturing and logistics company. 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 products to market, and provides terminaling and storage services for crude oil and petroleum products; transports, stores, fractionates, and markets natural gas liquids, exports LPG, and provides other fee-based processing services; and gathers, processes, transports, and markets natural gas. The Chemicals segment manufactures and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, styrene, paraxylene, and cyclohexane, as well as polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, drilling chemicals, and mining chemicals. The Refining segment buys, sells, and refines crude oil and other feedstocks into petroleum products comprising gasolines, distillates, and aviation fuels at 13 refineries primarily in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products consisting of gasolines, distillates, and aviation fuels primarily in the United States and Europe. It also manufactures and sells specialty products, such as petroleum coke products, waxes, solvents, and polypropylene. In addition, this segment generates electricity and provides merchant power into the Texas market. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Industry Petroleum refining
Sub-IndustryOil & Gas Refining & Marketing
Trailing P/E Ratio25.07
Forward P/E Ratio15.91
Sales & Book Value
Annual Sales$104.62 billion
Price / Sales0.49
Cash Flow$7.1221 per share
Price / Cash15.48
Book Value$53.62 per share
Price / Book2.06
EPS (Most Recent Fiscal Year)$4.38
Net Income$5.11 billion
Return on Equity9.18%
Return on Assets4.32%
Phillips 66 (NYSE:PSX) Frequently Asked Questions
What is Phillips 66's stock symbol?
Phillips 66 trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSX."
How often does Phillips 66 pay dividends? What is the dividend yield for Phillips 66?
Phillips 66 announced a quarterly dividend on Wednesday, February 7th. Stockholders of record on Tuesday, February 20th will be given a dividend of $0.70 per share on Thursday, March 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date is Friday, February 16th. View Phillips 66's Dividend History.
How will Phillips 66's stock buyback program work?
Phillips 66 declared that its board has authorized a share repurchase program on Tuesday, October 10th 2017, which authorizes the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.
How were Phillips 66's earnings last quarter?
Phillips 66 (NYSE:PSX) announced its quarterly earnings results on Friday, February, 2nd. The oil and gas company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.21. The oil and gas company had revenue of $30.12 billion for the quarter, compared to analysts' expectations of $30.71 billion. Phillips 66 had a return on equity of 9.18% and a net margin of 4.88%. During the same quarter in the previous year, the business earned $0.16 earnings per share. View Phillips 66's Earnings History.
When is Phillips 66's next earnings date?
What price target have analysts set for PSX?
17 analysts have issued 1-year price targets for Phillips 66's shares. Their predictions range from $75.14 to $137.00. On average, they anticipate Phillips 66's stock price to reach $104.6093 in the next twelve months. View Analyst Ratings for Phillips 66.
Who are some of Phillips 66's key competitors?
Some companies that are related to Phillips 66 include BP (BP), Sinopec (SNP), Statoil (STO), ConocoPhillips (COP), Suncor Energy (SU), Valero Energy (VLO), Marathon Petroleum (MPC), Repsol (REPYY), Andeavor (ANDV), Hess (HES), HollyFrontier (HFC), YPF (YPF), PBF Energy (PBF), Delek US (DK) and CVR Energy (CVI).
Who are Phillips 66's key executives?
Phillips 66's management team includes the folowing people:
- Mr. Greg C. Garland, Chairman & CEO (Age 61)
- Mr. Kevin J. Mitchell, Exec. VP of Fin. & CFO (Age 52)
- Ms. Paula Ann Johnson, Exec. VP of Legal & Gov. Affairs, Gen. Counsel and Corp. Sec. (Age 55)
- Mr. Robert A. Herman, Exec. VP of Refining (Age 59)
- Ms. Zhanna Golodryga, SVP and Chief Digital & Admin. Officer
Has Phillips 66 been receiving favorable news coverage?
News stories about PSX stock have been trending positive this week, according to Accern Sentiment. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Phillips 66 earned a coverage optimism score of 0.27 on Accern's scale. They also assigned media coverage about the oil and gas company an impact score of 46.74 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
How do I buy shares of Phillips 66?
Shares of PSX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Phillips 66's stock price today?
One share of PSX stock can currently be purchased for approximately $109.79.
How big of a company is Phillips 66?
Phillips 66 has a market capitalization of $50.96 billion and generates $104.62 billion in revenue each year. The oil and gas company earns $5.11 billion in net income (profit) each year or $4.38 on an earnings per share basis. Phillips 66 employs 14,600 workers across the globe.
How can I contact Phillips 66?
Phillips 66's mailing address is 2331 CITYWEST BOULEVARD, HOUSTON TX, 77210. The oil and gas company can be reached via phone at 281-293-6600 or via email at [email protected]
MarketBeat Community Rating for Phillips 66 (PSX)MarketBeat's community ratings are surveys of what our community members think about Phillips 66 and other stocks. Vote "Outperform" if you believe PSX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSX will underperform the S&P 500 over the long term. You may vote once every thirty days.
Phillips 66 (NYSE:PSX) Price Target and Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
17 Wall Street analysts have issued ratings and price targets for Phillips 66 in the last 12 months. Their average twelve-month price target is $104.6093, suggesting that the stock has a possible downside of 5.12%. The high price target for PSX is $137.00 and the low price target for PSX is $75.14. There are currently 2 sell ratings, 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold."
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Buy|
|Consensus Rating Score: ||2.24||2.24||2.29||2.50|
|Ratings Breakdown: ||2 Sell Rating(s)|
9 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
9 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
8 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
5 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$104.6093||$103.6760||$99.3427||$92.0108|
|Price Target Upside: ||5.12% downside||9.90% upside||7.07% downside||1.26% upside|
Phillips 66 (NYSE:PSX) Consensus Price Target History
Phillips 66 (NYSE:PSX) Analyst Ratings History
(Data available from 4/26/2016 forward)
Phillips 66 (NYSE:PSX) Dividend Information
Phillips 66 pays an annual dividend of $2.80 per share, with a dividend yield of 2.54%. PSX's most recent quarterly dividend payment was Thursday, March 1. The company has grown its dividend for the last 6 consecutive years and is increasing its dividend by an average of 13.00% each year. Phillips 66 pays out 63.93% of its earnings out as a dividend.
|Most Recent Dividend:||3/1/2018|
|Dividend Growth:||13.00% (3 Year Average)|
|Payout Ratio:||63.93% (Trailing 12 Months of Earnings) |
40.40% (Based on This Year's Estimates)
35.81% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
Phillips 66 (NYSE:PSX) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Phillips 66 (NYSE PSX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.56%
Institutional Ownership Percentage: 77.72%
Phillips 66 (NYSE PSX) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/15/2017||Chukwuemeka A Oyolu||VP||Sell||2,700||$100.25||$270,675.00||2,700|| |
|9/19/2017||Chukwuemeka A. Oyolu||VP||Sell||1,151||$89.08||$102,531.08|| |
|12/13/2016||Chukwuemeka A. Oyolu||VP||Sell||3,574||$88.12||$314,940.88|| |
|12/2/2016||Lawrence Michael Ziemba||VP||Sell||101,909||$85.24||$8,686,723.16||113,996|| |
|11/30/2016||Robert A Herman||Insider||Sell||78,327||$82.94||$6,496,441.38||11,471|| |
|11/16/2016||Timothy Garth Taylor||President||Sell||27,260||$82.91||$2,260,126.60||68,878|| |
|11/10/2016||Greg C Garland||Chairman||Sell||76,165||$83.48||$6,358,254.20||96,325|| |
|11/9/2016||Lawrence Michael Ziemba||VP||Sell||72,630||$80.20||$5,824,926.00|| |
|9/15/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||17,910||$77.52||$1,388,383.20|| |
|9/14/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||1,019,974||$77.21||$78,752,192.54|| |
|9/1/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||82,361||$77.86||$6,412,627.46|| |
|8/25/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||83,466||$78.29||$6,534,553.14|| |
|8/24/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||198,196||$77.62||$15,383,973.52|| |
|8/23/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||215,869||$77.83||$16,801,084.27|| |
|8/22/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||290,116||$77.04||$22,350,536.64|| |
|6/29/2016||Paula Ann Johnson||VP||Sell||40,141||$79.57||$3,194,019.37|| |
|6/28/2016||Timothy Garth Taylor||President||Sell||50,000||$78.00||$3,900,000.00|| |
|6/13/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||756,780||$79.59||$60,232,120.20|| |
|6/13/2016||William R Loomis Jr||Director||Buy||12,680||$78.87||$1,000,071.60||12,680|| |
|6/7/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||469,604||$80.18||$37,652,848.72|| |
|6/3/2016||Greg C Garland||CEO||Sell||62,500||$79.95||$4,996,875.00||146,660|| |
|6/1/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||129,460||$79.74||$10,323,140.40|| |
|5/31/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||362,792||$80.14||$29,074,150.88|| |
|5/27/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||45,716||$80.16||$3,664,594.56|| |
|5/26/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||642,273||$79.76||$51,227,694.48|| |
|5/23/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||824,630||$77.79||$64,147,967.70|| |
|2/12/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||1,079,478||$72.91||$78,704,740.98|| |
|2/9/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||486,804||$75.52||$36,763,438.08|| |
|2/3/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||1,018,930||$77.74||$79,211,618.20|| |
|2/2/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||602,111||$78.35||$47,175,396.85|| |
|2/1/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||70,112||$78.53||$5,505,895.36|| |
|1/29/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||2,541,346||$77.94||$198,072,507.24|| |
|1/13/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||1,587,407||$76.51||$121,452,509.57|| |
|1/12/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||861,470||$77.03||$66,359,034.10|| |
|1/11/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||902,442||$75.96||$68,549,494.32|| |
|1/8/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||1,741,210||$76.01||$132,349,372.10|| |
|1/7/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||1,645,887||$76.63||$126,124,320.81|| |
|1/6/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||759,295||$78.34||$59,483,170.30|| |
|1/5/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||12,491||$80.18||$1,001,528.38|| |
|1/4/2016||Berkshire Hathaway Inc||Major Shareholder||Buy||35,781||$79.47||$2,843,516.07|| |
|11/4/2015||Lawrence Michael Ziemba||VP||Sell||74,467||$93.38||$6,953,728.46||21,902|| |
|11/3/2015||Robert A. Herman||EVP||Sell||4,012||$90.72||$363,968.64||13,751|| |
|9/9/2015||Berkshire Hathaway Inc||Major Shareholder||Buy||3,511,470||$79.37||$278,705,373.90|| |
|8/28/2015||Berkshire Hathaway Inc||Major Shareholder||Buy||3,175,041||$74.68||$237,112,061.88|| |
|5/26/2015||William R Loomis Jr||Director||Buy||6,325||$79.28||$501,446.00|| |
|5/22/2015||William R Loomis Jr||Director||Buy||12,300||$81.04||$996,792.00|| |
|12/10/2014||William R Loomis Jr||Director||Buy||7,420||$67.31||$499,440.20|| |
|11/19/2014||Timothy Garth Taylor||President||Buy||5,000||$74.36||$371,800.00|| |
|9/2/2014||John E Lowe||Director||Sell||5,000||$86.68||$433,400.00|| |
|6/30/2014||William R Loomis Jr||Director||Buy||3,105||$80.60||$250,263.00|| |
|6/20/2014||William R Loomis Jr||Director||Buy||3,485||$86.04||$299,849.40|| |
|5/8/2014||John Lowe||Director||Sell||5,000||$84.55||$422,750.00||9,336|| |
|5/7/2014||Charles Douglas Johnson||VP||Sell||48,746||$85.01||$4,143,897.46||6,959|| |
|5/6/2014||William Loomis, Jr.||Director||Buy||5,907||$84.57||$499,554.99||9,941|| |
|2/26/2014||Lawrence Michael Ziemba||VP||Sell||27,478||$77.40||$2,126,797.20||8,209|| |
|1/31/2014||William Loomis, Jr.||Director||Buy||13,600||$73.55||$1,000,280.00||9,447|| |
|11/11/2013||John Lowe||Director||Sell||5,000||$65.00||$325,000.00||7,001|| |
|11/5/2013||William Loomis, Jr.||Director||Buy||7,760||$64.42||$499,899.20||7,001|| |
|5/30/2013||John E Lowe||Director||Sell||5,000||$66.87||$334,350.00|| |
|5/20/2013||John E Lowe||Director||Sell||5,000||$65.82||$329,100.00|| |
|5/9/2013||John E Lowe||Director||Sell||6,952||$63.03||$438,184.56|| |
Phillips 66 (NYSE PSX) News Headlines
Phillips 66 (NYSE:PSX) SEC Filings
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Phillips 66 (NYSE:PSX) Income Statement, Balance Sheet and Cash Flow Statement
Phillips 66 (NYSE PSX) Stock Chart for Thursday, April, 26, 2018