About Phillips 66 (NYSE:PSX)
Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining, and marketing and specialties businesses. The Company operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment gathers, processes, transports and markets natural gas, and transports, stores, fractionates and markets natural gas liquids (NGLs) in the United States. The Chemicals segment consists of its equity investment in Chevron Phillips Chemical Company LLC (CPChem), which manufactures and markets petrochemicals and plastics. The Refining segment buys, sells and refines crude oil and other feedstocks at refineries in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products, such as gasolines, distillates and aviation fuels, primarily in the United States and Europe, as well as includes the manufacturing and marketing of specialty products, and power generation operations.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Refining and Marketing
- Sub-Industry: Oil & Gas Refining & Marketing
- Symbol: NYSE:PSX
- CUSIP: 71854610
- Web: www.phillips66.com
- Market Cap: $46.4452 billion
- Outstanding Shares: 511,510,000
- 50 Day Moving Avg: $89.76
- 200 Day Moving Avg: $82.80
- 52 Week Range: $75.14 - $95.00
Sales & Book Value:
- Trailing P/E Ratio: 27.17
- Foreward P/E Ratio: 15.55
- P/E Growth: -1.55
- Annual Revenue: $79.2 billion
- Price / Sales: 0.59
- Book Value: $43.73 per share
- Price / Book: 2.08
- Annual Dividend: $2.80
- Dividend Yield: 3.1%
- EBITDA: $2.21 billion
- Net Margins: 1.87%
- Return on Equity: 6.29%
- Return on Assets: 2.93%
- Debt-to-Equity Ratio: 0.40%
- Current Ratio: 1.40%
- Quick Ratio: 0.93%
- Average Volume: 2.08 million shs.
- Beta: 1.19
- Short Ratio: 4
Frequently Asked Questions for Phillips 66 (NYSE:PSX)
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 declared a quarterly dividend on Monday, October 9th. Investors of record on Tuesday, October 17th will be given a dividend of $0.70 per share on Friday, December 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend is Thursday, November 16th. View Phillips 66's Dividend History.
How will Phillips 66's stock buyback program work?
Phillips 66 announced that its board has approved a share repurchase program on Tuesday, October 10th 2017, which allows the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its stock is undervalued.
How were Phillips 66's earnings last quarter?
Phillips 66 (NYSE:PSX) posted its quarterly earnings results on Tuesday, August, 1st. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.07. The business had revenue of $24.58 billion for the quarter, compared to analysts' expectations of $25.14 billion. Phillips 66 had a net margin of 1.87% and a return on equity of 6.29%. During the same period in the previous year, the firm earned $0.94 EPS. View Phillips 66's Earnings History.
When will Phillips 66 make its next earnings announcement?
Where is Phillips 66's stock going? Where will Phillips 66's stock price be in 2017?
14 brokers have issued 1 year price objectives for Phillips 66's stock. Their predictions range from $63.00 to $109.00. On average, they anticipate Phillips 66's share price to reach $92.01 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 China Petroleum & Chemical Corporation (SNP), Suncor Energy (SU), Valero Energy Corporation (VLO), Marathon Petroleum Corporation (MPC), Imperial Oil Ltd (IMO), Sasol (SSL), Andeavor (ANDV), Tesoro Corporation (ANDV), Hess Corporation (HES), Western Gas Equity Partners, LP (WGP), Markwest Energy Partners LP (MWE), Western Gas Partners, LP (WES), AmeriGas Partners, L.P. (APU), PBF Energy (PBF), Targa Resources Partners LP (NGLS), Crestwood Equity Partners LP (CEQP), CVR Refining, LP (CVRR) and Suburban Propane Partners, L.P. (SPH).
Who are Phillips 66's key executives?
Phillips 66's management team includes the folowing people:
- Gregory C. Garland, Chairman of the Board, Chief Executive Officer
- Timothy Garth Taylor, President
- Kevin J. Mitchell, Chief Financial Officer, Executive Vice President - Finance
- Paula A. Johnson, Executive Vice President - Legal, General Counsel, Corporate Secretary
- Robert A. Herman, Executive Vice President, Midstream
- Lawrence Michael Ziemba, Executive Vice President - Refining
- Chukwuemeka A. Oyolu, Vice President, Controller
- Harold W. McGraw III, Lead Independent Director
- John E. Lowe, Director
- Gary K. Adams, Independent Director
Who owns Phillips 66 stock?
Phillips 66's stock is owned by many different of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.21%), Alta Capital Management LLC (0.12%), PGGM Investments (0.03%), State Treasurer State of Michigan (0.03%), Norman Fields Gottscho Capital Management LLC (0.02%) and Shell Asset Management Co. (0.02%). Company insiders that own Phillips 66 stock include Berkshire Hathaway Inc, Chukwuemeka A Oyolu, Greg C Garland, Lawrence Michael Ziemba, Paula Ann Johnson, Robert A Herman, Timothy Garth Taylor and William R Loomis Jr. View Institutional Ownership Trends for Phillips 66.
Who sold Phillips 66 stock? Who is selling Phillips 66 stock?
Phillips 66's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, APG Asset Management N.V., Alta Capital Management LLC, State Treasurer State of Michigan, Ingalls & Snyder LLC, Private Asset Management Inc., Osborne Partners Capital Management LLC and First National Bank of Mount Dora Trust Investment Services. Company insiders that have sold Phillips 66 stock in the last year include Chukwuemeka A Oyolu, Greg C Garland, Lawrence Michael Ziemba, Robert A Herman and Timothy Garth Taylor. View Insider Buying and Selling for Phillips 66.
Who bought Phillips 66 stock? Who is buying Phillips 66 stock?
Phillips 66's stock was acquired by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Denali Advisors LLC, Shell Asset Management Co., Spirit of America Management Corp NY, Curbstone Financial Management Corp, Amarillo National Bank, Wendell David Associates Inc. and Robeco Institutional Asset Management B.V.. Company insiders that have bought Phillips 66 stock in the last two years include Berkshire Hathaway Inc and William R Loomis Jr. View Insider Buying and Selling for Phillips 66.
How do I buy Phillips 66 stock?
Shares of Phillips 66 can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Phillips 66's stock price today?
MarketBeat Community Rating for Phillips 66 (NYSE PSX)MarketBeat's community ratings are surveys of what our community members think about Phillips 66 and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Phillips 66 stock can currently be purchased for approximately $90.80.
Consensus Ratings for Phillips 66 (NYSE:PSX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 5 Hold Ratings, 8 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$92.01 (1.33% upside)|Consensus Price Target History for Phillips 66 (NYSE:PSX)
Analysts' Ratings History for Phillips 66 (NYSE:PSX)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||Wells Fargo & Company||Reiterated Rating||Market Perform||$84.00 -> $91.00||N/A|
|10/17/2017||Cowen and Company||Reiterated Rating||Buy||$101.00||N/A|
|10/16/2017||Jefferies Group LLC||Downgrade||Hold -> Underperform||$95.00 -> $75.14||N/A|
|10/12/2017||Argus||Reiterated Rating||Buy||$96.00 -> $108.00||N/A|
|10/10/2017||Barclays PLC||Set Price Target||Equal Weight||$89.00 -> $95.00||N/A|
|10/3/2017||Goldman Sachs Group, Inc. (The)||Upgrade||Neutral -> Buy||$88.00 -> $109.00||Medium|
|9/30/2017||Scotiabank||Upgrade||Sector Perform -> Outperform||$89.00 -> $98.00||Low|
|9/28/2017||Howard Weil||Upgrade||Sector Perform -> Outperform||$86.00 -> $98.00||Low|
|9/26/2017||Piper Jaffray Companies||Reiterated Rating||Buy||$98.00||Low|
|5/22/2017||US Capital Advisors||Reiterated Rating||Buy||Low|
|4/22/2017||Citigroup Inc.||Reiterated Rating||Neutral||$84.00 -> $83.00||Medium|
|4/20/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$87.00||Low|
|2/6/2017||Mizuho||Boost Price Target||Buy||$55.00 -> $63.00||N/A|
|1/26/2017||Credit Suisse Group||Boost Price Target||Neutral||$85.00 -> $90.00||N/A|
|8/1/2016||Morgan Stanley||Reiterated Rating||Hold||N/A|
|6/12/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||N/A|
|4/12/2016||Simmons||Lower Price Target||$74.00 -> $68.00||N/A|
|3/28/2016||Raymond James Financial, Inc.||Upgrade||Market Perform -> Outperform||N/A|
|2/9/2016||Deutsche Bank AG||Lower Price Target||Hold||$100.00 -> $99.00||N/A|
|1/1/2016||Bank of America Corporation||Reiterated Rating||Buy||N/A|
|12/5/2015||Oppenheimer Holdings, Inc.||Reiterated Rating||Buy||N/A|
Earnings History for Phillips 66 (NYSE:PSX)Earnings History by Quarter for Phillips 66 (NYSE PSX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$1.02||$1.09||$25.14 billion||$24.58 billion||View||Listen|
|4/28/2017||Q1 2017||$0.03||$0.56||$22.30 billion||$23.71 billion||View||N/A|
|2/3/2017||Q416||$0.39||$0.16||$21.61 billion||$23.67 billion||View||N/A|
|10/28/2016||Q316||$0.88||$1.05||$25.48 billion||$22.04 billion||View||Listen|
|7/29/2016||Q216||$0.93||$0.94||$21.35 billion||$22.31 billion||View||Listen|
|4/29/2016||Q116||$0.87||$0.67||$16.93 billion||$17.76 billion||View||Listen|
|1/29/2016||Q415||$1.25||$1.31||$27.03 billion||$22.03 billion||View||Listen|
|10/30/2015||Q315||$2.24||$3.02||$32.87 billion||$26.42 billion||View||Listen|
|7/31/2015||Q215||$1.81||$1.83||$25.28 billion||$29.08 billion||View||Listen|
|4/30/2015||Q115||$1.40||$1.51||$28.58 billion||$23.43 billion||View||N/A|
|1/29/2015||Q414||$1.38||$1.63||$43.65 billion||$35.61 billion||View||N/A|
|10/29/2014||Q314||$1.75||$2.02||$48.50 billion||$41.05 billion||View||Listen|
|7/30/2014||Q214||$2.08||$1.47||$48.19 billion||$46.34 billion||View||Listen|
|4/30/2014||Q114||$1.34||$1.47||$44.94 billion||$41.01 billion||View||Listen|
|7/31/2013||Q2 2013||$1.81||$1.50||$43.93 billion||View||Listen|
|5/1/2013||Q1 2013||$1.64||$2.19||$40.16 billion||View||Listen|
|1/30/2013||Q4 2012||$1.66||$2.06||$44.27 billion||View||Listen|
Earnings Estimates for Phillips 66 (NYSE:PSX)
2017 EPS Consensus Estimate: $4.05
2018 EPS Consensus Estimate: $6.04
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Phillips 66 (NYSE:PSX)
|Dividend Growth:||22.70% (3 Year Average)|
|Payout Ratio:||83.58% (Trailing 12 Months of Earnings) |
62.08% (Based on This Year's Estimates)
47.95% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Phillips 66 (NYSE PSX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Phillips 66 (NYSE:PSX)
Insider Ownership Percentage: 0.50%Insider Trades by Quarter for Phillips 66 (NYSE:PSX)
Institutional Ownership Percentage: 69.54%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|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|| |
|11/30/2016||Robert A Herman||Insider||Sell||78,327||$82.94||$6,496,441.38|| |
|11/16/2016||Timothy Garth Taylor||President||Sell||27,260||$82.91||$2,260,126.60|| |
|11/10/2016||Greg C Garland||Chairman||Sell||76,165||$83.48||$6,358,254.20|| |
|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|| |
|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|| |
|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|| |
|11/3/2015||Robert A. Herman||EVP||Sell||4,012||$90.72||$363,968.64|| |
|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|| |
|5/7/2014||Charles Douglas Johnson||VP||Sell||48,746||$85.01||$4,143,897.46|| |
|5/6/2014||William Loomis, Jr.||Director||Buy||5,907||$84.57||$499,554.99|| |
|2/26/2014||Lawrence Michael Ziemba||VP||Sell||27,478||$77.40||$2,126,797.20|| |
|1/31/2014||William Loomis, Jr.||Director||Buy||13,600||$73.55||$1,000,280.00|| |
|11/11/2013||John Lowe||Director||Sell||5,000||$65.00||$325,000.00|| |
|11/5/2013||William Loomis, Jr.||Director||Buy||7,760||$64.42||$499,899.20|| |
|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|| |
Headline Trends for Phillips 66 (NYSE:PSX)
Latest Headlines for Phillips 66 (NYSE:PSX)
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Phillips 66 (PSX) Chart for Sunday, October, 22, 2017