NYSE:PSX

Phillips 66 Stock Forecast, Price & News

$71.69

+0.56 (+0.79 %)

(As of 09/28/2021 03:17 PM ET)

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Today's Range

$71.01

▼

$72.93

50-Day Range

$64.27

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$76.07

52-Week Range

$43.27

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$94.34

Volume116,411 shs

Average Volume2.93 million shs

Market Capitalization$31.40 billion

P/E RatioN/A

Dividend Yield5.29%

Beta1.69

30 days | 90 days | 365 days | Advanced Chart

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About Phillips 66

Phillips 66 engages in the processing, transportation, storage, and marketing of fuels and other related products. The company operates through the following segments: Midstream, Chemicals, Refining and Marketing & Specialties. The Midstream segment provides crude oil and refined products transportation, terminaling and processing services, as well as natural gas, natural gas liquids and liquefied petroleum gas transportation, storage, processing and marketing services. The Chemicals segment produces and markets petrochemicals and plastics on a worldwide basis. The Refining segment Refines crude oil and other feedstocks into petroleum products such as gasoline, distillates and aviation fuels. The Marketing and Specialties segment purchases for resale and markets refined petroleum products such as base oils and lubricants, as well as power generation operations. The company was founded on April 30, 2012 and is headquartered in Houston, TX.

Fed reviews ethics policies after prolific trading uncovered
September 16, 2021 | marketbeat.com

Oil-soaked birds found near oil spill at refinery after Ida
September 9, 2021 | marketbeat.com

Photos show black slick in water near Gulf oil rig after Ida
September 1, 2021 | marketbeat.com

Phillips 66 (PSX) Alliance Refinery Likely to Undergo Conversion
September 28, 2021 | finance.yahoo.com

Hilcorp reportedly considers buying Phillips 66's Alliance refinery
September 27, 2021 | finance.yahoo.com

3 Oil Refiners to Gain as EPA Considers a Blending Requirement Cut
September 23, 2021 | finance.yahoo.com

Phillips 66: The Stock Price Is Getting Attractive
September 19, 2021 | seekingalpha.com

Phillips 66: Alliance Refinery Is A Big Headache - Sell It Or Shut It
September 17, 2021 | seekingalpha.com

Piper Sandler Lowers Phillips 66 (NYSE:PSX) Price Target to $85.00
September 16, 2021 | americanbankingnews.com

Phillips 66 (PSX) is a Top-Ranked Growth Stock: Should You Buy?
September 15, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Petroleum refining
Sub-Industry: Oil & Gas Refining & Marketing
Sector: Oils/Energy
Current Symbol: NYSE:PSX
Previous Symbol
CUSIP: 71854610
CIK: 1534701
Web: www.phillips66.com
Phone: (281) 293-6600
Employees: 14,300
Year Founded: 1875

Sales & Book Value

Annual Sales: $65.49 billion
Price / Sales: 0.48
Cash Flow: $2.56 per share
Price / Cash Flow: 28.02
Book Value: $49.26 per share
Price / Book: 1.46

Profitability

EPS (Most Recent Fiscal Year): ($0.89)
Net Income: $-3,975,000,000.00
Net Margins: -2.05%
Return on Equity: -3.24%
Return on Assets: -1.24%

Debt

Debt-to-Equity Ratio: 0.63
Current Ratio: 1.08
Quick Ratio: 0.76

Price-To-Earnings

Trailing P/E Ratio: N/A
Forward P/E Ratio: 36.95
P/E Growth: 1.65

Miscellaneous

Outstanding Shares: 437,989,000
Market Cap: $31.40 billion
Next Earnings Date: 10/29/2021 (Confirmed)
Optionable: Optionable

Social Links

MarketRank^™

Overall MarketRank^™

2.69 out of 5 stars

Oils/Energy Sector

31st out of 347 stocks

Petroleum Refining Industry

10th out of 23 stocks

3.3 Analyst's Opinion

Consensus Rating
Phillips 66 has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 8 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $82.15, Phillips 66 has a forecasted upside of 14.5% from its current price of $71.76.
Amount of Analyst Coverage
Phillips 66 has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.1 Community Rank

Outperform Votes
Phillips 66 has received 720 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Phillips 66 has received 436 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Phillips 66 has received 62.28% “outperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Leadership
Phillips 66 is a leading dividend payer. It pays a dividend yield of 5.29%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Phillips 66 has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Phillips 66 will have a dividend payout ratio of 59.21% next year. This indicates that Phillips 66 will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Phillips 66 insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.74% of the stock of Phillips 66 is held by insiders.
Percentage Held by Institutions
69.06% of the stock of Phillips 66 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Phillips 66 are expected to grow by 213.40% in the coming year, from $1.94 to $6.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Phillips 66 is -18.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Phillips 66 is -18.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Phillips 66 has a PEG Ratio of 1.65. 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 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Phillips 66 (NYSE:PSX) Frequently Asked Questions

Is Phillips 66 a buy right now?: 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Phillips 66 stock.
View analyst ratings for Phillips 66 or view top-rated stocks.
What stocks does MarketBeat like better than Phillips 66?: Wall Street analysts have given Phillips 66 a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Phillips 66 wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.
When is Phillips 66's next earnings date?: Phillips 66 is scheduled to release its next quarterly earnings announcement on Friday, October 29th 2021.
View our earnings forecast for Phillips 66.
How can I listen to Phillips 66's earnings call?: Phillips 66 will be holding an earnings conference call on Friday, October 29th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Phillips 66's earnings last quarter?: Phillips 66 (NYSE:PSX) released its quarterly earnings data on Monday, August, 2nd. The oil and gas company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.60 by $0.14. The oil and gas company earned $27.89 billion during the quarter, compared to the consensus estimate of $21.05 billion. Phillips 66 had a negative net margin of 2.05% and a negative trailing twelve-month return on equity of 3.24%. During the same period last year, the firm posted ($0.74) earnings per share.
View Phillips 66's earnings history.
How has Phillips 66's stock been impacted by Coronavirus (COVID-19)?: Phillips 66's stock was trading at $55.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PSX stock has increased by 29.4% and is now trading at $71.35.
View which stocks have been most impacted by COVID-19.
How often does Phillips 66 pay dividends? What is the dividend yield for Phillips 66?: Phillips 66 declared a quarterly dividend on Wednesday, July 14th. Stockholders of record on Wednesday, August 18th will be given a dividend of $0.88 per share on Wednesday, September 1st. This represents a $3.52 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date of this dividend is Tuesday, August 17th.
View Phillips 66's dividend history.
Is Phillips 66 a good dividend stock?: Phillips 66 pays an annual dividend of $3.60 per share and currently has a dividend yield of 5.29%. PSX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Phillips 66's dividend history.
What price target have analysts set for PSX?: 14 brokerages have issued 1-year price objectives for Phillips 66's shares. Their forecasts range from $63.00 to $100.00. On average, they expect Phillips 66's share price to reach $82.15 in the next year. This suggests a possible upside of 15.1% from the stock's current price.
View analysts' price targets for Phillips 66 or view top-rated stocks among Wall Street analysts.
Who are Phillips 66's key executives?: Phillips 66's management team includes the following people:
Greg C. Garland, Chairman & Chief Executive Officer
Mark E. Lashier, President & Chief Operating Officer
Kevin J. Mitchell, Chief Financial Officer & Executive VP-Finance
Zhanna Golodryga, Chief Digital & Administrative Officer, Senior VP
Scott J. Pruitt, Controller & Vice President
Who are some of Phillips 66's key competitors?: Some companies that are related to Phillips 66 include Marathon Petroleum (MPC), Valero Energy (VLO), HollyFrontier (HFC), Amyris (AMRS), Renewable Energy Group (REGI), World Fuel Services (INT), Clean Energy Fuels (CLNE), CVR Energy (CVI), PBF Energy (PBF), Green Plains (GPRE), Gevo (GEVO), Delek US (DK), REX American Resources (REX) and Adams Resources & Energy (AE).
View all of PSX's competitors.
What other stocks do shareholders of Phillips 66 own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Phillips 66 investors own include AT&T (T), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Intel (INTC), Verizon Communications (VZ), Chevron (CVX), JPMorgan Chase & Co. (JPM), The Walt Disney (DIS), ConocoPhillips (COP) and CVS Health (CVS).
What is Phillips 66's stock symbol?: Phillips 66 trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSX."
Who are Phillips 66's major shareholders?: Phillips 66's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.86%), BlackRock Inc. (7.78%), State Street Corp (6.75%), Wells Fargo & Company MN (3.41%), FMR LLC (1.96%) and Geode Capital Management LLC (1.70%). Company insiders that own Phillips 66 stock include Chukwuemeka A Oyolu, Gary Kramer Adams, Greg C Garland and John E Lowe.
View institutional ownership trends for Phillips 66.
Which major investors are selling Phillips 66 stock?: PSX stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Morgan Stanley, Morgan Stanley, Wells Fargo & Company MN, LSV Asset Management, Bank of Nova Scotia, AXA S.A., and American Century Companies Inc..
View insider buying and selling activity for Phillips 66 or view top insider-selling stocks.
Which major investors are buying Phillips 66 stock?: PSX stock was purchased by a variety of institutional investors in the last quarter, including Amundi, Geode Capital Management LLC, BlackRock Inc., Macquarie Group Ltd., State Street Corp, Neuberger Berman Group LLC, Invesco Ltd., and Nan Shan Life Insurance Co. Ltd.. Company insiders that have bought Phillips 66 stock in the last two years include Gary Kramer Adams, and John E Lowe.
View insider buying and selling activity for Phillips 66 or or view top insider-buying stocks.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Phillips 66's stock price today?: One share of PSX stock can currently be purchased for approximately $71.35.
How much money does Phillips 66 make?: Phillips 66 has a market capitalization of $31.25 billion and generates $65.49 billion in revenue each year. The oil and gas company earns $-3,975,000,000.00 in net income (profit) each year or ($0.89) on an earnings per share basis.
How many employees does Phillips 66 have?: Phillips 66 employs 14,300 workers across the globe.
Does Phillips 66 have any subsidiaries?: The following companies are subsidiares of Phillips 66: Asamera Oil (US) Inc., C.S. Land Inc., Colorado Liberty Pipeline LLC, Douglas Oil Company of California, Gray Oak Holdings LLC, Harrogate Investments Limited, JET Energy Trading GmbH, JET Petrol Limited, JET Petroleum Limited, JET Retail UK Limited, JET Tankstellen Austria GmbH, JET Tankstellen Deutschland GmbH (CPGG), KHQ LLC, Kansas City Retail and Convenience LLC, Kayo Oil Company, Kenworth Limited, Linden Urban Renewal Limited Partnership, Merey Sweeny LLC, OK CNG 5 LLC, Phillips 66 Alliance Dock LLC, Phillips 66 Alliance H2PL LLC, Phillips 66 Asia Ltd., Phillips 66 Asia Pacific Investments Ltd., Phillips 66 Aviation LLC, Phillips 66 CS Limited, Phillips 66 Canada Ltd., Phillips 66 Capital Holdings LLC, Phillips 66 Carrier LLC, Phillips 66 Central Europe Inc., Phillips 66 Communications Inc., Phillips 66 Company, Phillips 66 Continental Holding GmbH, Phillips 66 Crude Condensate Pipeline A LLC, Phillips 66 Crude Condensate Pipeline B LLC, Phillips 66 DAPL Holdings LLC, Phillips 66 ETCO Holdings LLC, Phillips 66 European Power Limited, Phillips 66 Export Terminal Alpha LLC, Phillips 66 Export Terminal Bravo LLC, Phillips 66 Export Terminal Charlie LLC, Phillips 66 Export Terminal Delta LLC, Phillips 66 Export Terminal LLC, Phillips 66 Funding Ltd., Phillips 66 GmbH, Phillips 66 Gulf Coast Pipeline LLC, Phillips 66 Gulf Coast Properties Alpha LLC, Phillips 66 Gulf Coast Properties Bravo LLC, Phillips 66 Gulf Coast Properties LLC, Phillips 66 International Holdings Company, Phillips 66 International Inc., Phillips 66 International Investments Ltd., Phillips 66 International Trading Pte. Ltd., Phillips 66 Investment Holdings LLC, Phillips 66 Ireland Pension Trust Limited, Phillips 66 LCR Isomerization LLC, Phillips 66 Limited, Phillips 66 Partners Finance Corporation, Phillips 66 Partners GP LLC, Phillips 66 Partners Holdings LLC, Phillips 66 Partners LP, Phillips 66 Pension Plan Trustee Limited, Phillips 66 Pipeline LLC, Phillips 66 Power Holdings Ltd., Phillips 66 Project Development Inc., Phillips 66 Sand Hills LLC, Phillips 66 Southern Hills LLC, Phillips 66 Spectrum Corporation, Phillips 66 Stillwater Retail Corporation, Phillips 66 Sweeny Crude Export LLC, Phillips 66 Sweeny Frac 2 A LLC, Phillips 66 Sweeny Frac 2 B LLC, Phillips 66 Sweeny Frac 2 C LLC, Phillips 66 Sweeny Frac 2 LLC, Phillips 66 Sweeny Frac LLC, Phillips 66 Sweeny-Freeport 2 Pipeline LLC, Phillips 66 Sweeny-Freeport A LLC, Phillips 66 Sweeny-Freeport B LLC, Phillips 66 Sweeny-Freeport LLC, Phillips 66 TS Limited, Phillips 66 Trading Limited, Phillips 66 Treasury Limited, Phillips 66 UK Development Limited, Phillips 66 UK Funding Limited, Phillips 66 UK Holdings Limited, Phillips 66 WRB Partner LLC, Phillips Chemical Holdings LLC, Phillips Gas Company LLC, Phillips Gas Company Shareholder Inc., Phillips Gas Pipeline Company, Phillips Utility Gas Corporation, Pioneer Investments Corp., Pioneer Pipe Line Company, Qingdao Phillips 66 Energy Co. Ltd., R.A.Z. Properties Inc., Radius Insurance Company, SHC Insurance Company, Salt Lake Terminal Company, Seagas Pipeline Company, Sentinel Transportation LLC, Spectrum Corporation, Spirit Insurance Company, Sweeny Cogeneration LLC, Tosco Corporation, WesTTex 66 Pipeline LLC, and West Retail Holdings LLC.
When was Phillips 66 founded?: Phillips 66 was founded in 1875.
What is Phillips 66's official website?: The official website for Phillips 66 is www.phillips66.com.
Where are Phillips 66's headquarters?: Phillips 66 is headquartered at 2331 CITYWEST BOULEVARD, HOUSTON TX, 77042.
How can I contact Phillips 66?: Phillips 66's mailing address is 2331 CITYWEST BOULEVARD, HOUSTON TX, 77042. The oil and gas company can be reached via phone at (281) 293-6600 or via email at [email protected].

This page was last updated on 9/28/2021 by MarketBeat.com Staff

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Phillips 66 Stock Forecast, Price & News

About Phillips 66

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links

MarketRank™

Overall MarketRank™

3.3 Analyst's Opinion

4.1 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

1.7 Company Ownership

1.9 Earnings and Valuation

Phillips 66 (NYSE:PSX) Frequently Asked Questions

Is Phillips 66 a buy right now?

What stocks does MarketBeat like better than Phillips 66?

When is Phillips 66's next earnings date?

How can I listen to Phillips 66's earnings call?

How were Phillips 66's earnings last quarter?

How has Phillips 66's stock been impacted by Coronavirus (COVID-19)?

How often does Phillips 66 pay dividends? What is the dividend yield for Phillips 66?

Is Phillips 66 a good dividend stock?

What price target have analysts set for PSX?

Who are Phillips 66's key executives?

Who are some of Phillips 66's key competitors?

What other stocks do shareholders of Phillips 66 own?

What is Phillips 66's stock symbol?

Who are Phillips 66's major shareholders?

Which major investors are selling Phillips 66 stock?

Which major investors are buying Phillips 66 stock?

How do I buy shares of Phillips 66?

What is Phillips 66's stock price today?

How much money does Phillips 66 make?

How many employees does Phillips 66 have?

Does Phillips 66 have any subsidiaries?

When was Phillips 66 founded?

What is Phillips 66's official website?

Where are Phillips 66's headquarters?

How can I contact Phillips 66?

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