NYSE:PSX - Phillips 66 Stock Price, News & Analysis

Phillips 66 trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSX."

Phillips 66 announced a quarterly dividend on Wednesday, July 10th. Stockholders of record on Tuesday, August 20th will be given a dividend of $0.90 per share on Tuesday, September 3rd. This represents a $3.60 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend is Monday, August 19th. View Phillips 66's Dividend History.

Phillips 66 announced that its Board of Directors has authorized a share repurchase plan on Tuesday, October 10th 2017, which authorizes the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Phillips 66 (NYSE:PSX) released its quarterly earnings data on Friday, July, 26th. The oil and gas company reported $3.02 EPS for the quarter, beating analysts' consensus estimates of $2.70 by $0.32. The oil and gas company earned $28.52 billion during the quarter, compared to analysts' expectations of $29.89 billion. Phillips 66 had a net margin of 4.76% and a return on equity of 19.75%. During the same quarter in the prior year, the firm earned $2.80 earnings per share. View Phillips 66's Earnings History.

Phillips 66 is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Phillips 66.

12 analysts have issued 12-month target prices for Phillips 66's shares. Their forecasts range from $102.00 to $140.00. On average, they expect Phillips 66's share price to reach $119.40 in the next twelve months. This suggests a possible upside of 21.1% from the stock's current price. View Analyst Price Targets for Phillips 66.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Phillips 66.

News coverage about PSX stock has trended positive recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Phillips 66 earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for Phillips 66.

Phillips 66 saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 5,333,900 shares, a drop of 6.6% from the June 30th total of 5,713,700 shares. Based on an average daily volume of 2,710,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.2% of the shares of the company are short sold. View Phillips 66's Current Options Chain.

Some companies that are related to Phillips 66 include BP (BP), China Petroleum & Chemical (SNP), ConocoPhillips (COP), Equinor ASA (EQNR), Suncor Energy (SU), Valero Energy (VLO), Marathon Petroleum (MPC), Repsol (REPYY), Hess (HES), HollyFrontier (HFC), CVR Energy (CVI), YPF (YPF), PBF Energy (PBF), Delek US (DK) and Calumet Specialty Products Partners, L.P (CLMT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Phillips 66 investors own include AT&T (T), Exxon Mobil (XOM), Verizon Communications (VZ), Intel (INTC), ConocoPhillips (COP), General Electric (GE), JPMorgan Chase & Co. (JPM), Johnson & Johnson (JNJ), Walt Disney (DIS) and Cisco Systems (CSCO).

Phillips 66's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.13%), BlackRock Inc. (6.79%), BlackRock Inc. (6.79%), Barrow Hanley Mewhinney & Strauss LLC (3.10%), Wells Fargo & Company MN (2.42%) and Bank of New York Mellon Corp (1.47%). Company insiders that own Phillips 66 stock include Chukwuemeka A Oyolu, Greg C Garland, J Brian Ferguson and John E Lowe. View Institutional Ownership Trends for Phillips 66.

PSX stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, APG Asset Management N.V., Renaissance Technologies LLC, Barrow Hanley Mewhinney & Strauss LLC, Cibc World Markets Corp, Prudential Financial Inc., Hexavest Inc. and Alberta Investment Management Corp. View Insider Buying and Selling for Phillips 66.

PSX stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Wells Fargo & Company MN, Vanguard Group Inc., Waddell & Reed Financial Inc., First Trust Advisors LP, Thoroughbred Financial Services LLC, JPMorgan Chase & Co. and United Services Automobile Association. Company insiders that have bought Phillips 66 stock in the last two years include J Brian Ferguson and John E Lowe. View Insider Buying and Selling for 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.

One share of PSX stock can currently be purchased for approximately $98.63.

Phillips 66 has a market capitalization of $44.24 billion and generates $114.22 billion in revenue each year. The oil and gas company earns $5.60 billion in net income (profit) each year or $11.71 on an earnings per share basis. Phillips 66 employs 14,200 workers across the globe.View Additional Information About Phillips 66.

The official website for Phillips 66 is http://www.phillips66.com/.

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]