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; provides terminaling and storage services for crude oil and 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. The Chemicals segment manufactures and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment 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
SectorOils/Energy
Phone281-293-6600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$114.22 billion
Profitability
Miscellaneous
Employees14,200
Next Earnings Date4/26/2019 (Estimated)
OptionableOptionable
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 6th. Stockholders of record on Tuesday, February 19th will be given a dividend of $0.80 per share on Friday, March 1st. This represents a $3.20 annualized dividend and a dividend yield of 3.25%. The ex-dividend date is Friday, February 15th. View Phillips 66's Dividend History.
How will Phillips 66's stock buyback program work?
Phillips 66 announced that its Board of Directors has initiated a stock buyback plan on Tuesday, October 10th 2017, which allows the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors 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, 8th. The oil and gas company reported $4.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.76 by $2.11. The oil and gas company had revenue of $29.84 billion for the quarter, compared to the consensus estimate of $35.51 billion. Phillips 66 had a return on equity of 21.71% and a net margin of 4.90%. During the same quarter in the prior year, the firm earned $1.07 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?
12 brokerages have issued 1 year price targets 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 $122.30 in the next year. This suggests a possible upside of 24.1% from the stock's current price. View Analyst Price Targets for Phillips 66.
What is the consensus analysts' recommendation for Phillips 66?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Phillips 66.
Has Phillips 66 been receiving favorable news coverage?
Media coverage about PSX stock has trended somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Phillips 66 earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future.
Who are some of Phillips 66's key competitors?
Some companies that are related to Phillips 66 include BP (BP), China Petroleum & Chemical (SNP), ConocoPhillips (COP), Equinor ASA (EQNR), Suncor Energy (SU), Marathon Petroleum (MPC), Valero Energy (VLO), Repsol (REPYY), Hess (HES), HollyFrontier (HFC), YPF (YPF), CVR Energy (CVI), PBF Energy (PBF), Delek US (DK) and CVR Refining (CVRR).
What other stocks do shareholders of Phillips 66 own?
Who are Phillips 66's key executives?
Phillips 66's management team includes the folowing people:
- Mr. Greg C. Garland, Chairman & CEO (Age 62)
- Mr. Kevin J. Mitchell, Exec. VP of Fin. & CFO (Age 53)
- Ms. Paula Ann Johnson, Exec. VP of Legal & Gov. Affairs, Gen. Counsel and Corp. Sec. (Age 56)
- Mr. Robert A. Herman, Exec. VP of Refining (Age 60)
- Ms. Zhanna Golodryga, SVP and Chief Digital & Admin. Officer (Age 63)
Who are Phillips 66's major shareholders?
Phillips 66's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.85%), Barrow Hanley Mewhinney & Strauss LLC (2.96%), FMR LLC (2.44%), Bank of New York Mellon Corp (1.44%), Northern Trust Corp (1.22%) and Geode Capital Management LLC (1.17%). Company insiders that own Phillips 66 stock include Chukwuemeka A Oyolu, Greg C Garland and J Brian Ferguson. View Institutional Ownership Trends for Phillips 66.
Which institutional investors are selling Phillips 66 stock?
PSX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Infrastructure Capital Advisors LLC, Boston Partners, HM Payson & Co., First Quadrant L P CA, Virtus ETF Advisers LLC and Squarepoint Ops LLC. Company insiders that have sold Phillips 66 company stock in the last year include Chukwuemeka A Oyolu and Greg C Garland. View Insider Buying and Selling for Phillips 66.
Which institutional investors are buying Phillips 66 stock?
PSX stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, LSV Asset Management, Barrow Hanley Mewhinney & Strauss LLC, Millennium Management LLC, Eaton Vance Management, Ackerman Capital Advisors LLC and Hamlin Capital Management LLC. View Insider Buying and Selling for Phillips 66.
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 $98.55.
How big of a company is Phillips 66?
Phillips 66 has a market capitalization of $44.83 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.
What is Phillips 66's official website?
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]
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 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.
