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 Date7/26/2019 (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 declared a quarterly dividend on Thursday, May 9th. Investors of record on Monday, May 20th will be paid a dividend of $0.90 per share on Monday, June 3rd. This represents a $3.60 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date is Friday, May 17th. This is a positive change from Phillips 66's previous quarterly dividend of $0.80. View Phillips 66's Dividend History.
How will Phillips 66's stock buyback program work?
Phillips 66 declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, October 10th 2017, which allows the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.
How were Phillips 66's earnings last quarter?
Phillips 66 (NYSE:PSX) announced its quarterly earnings data on Tuesday, April, 30th. The oil and gas company reported $0.40 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.34 by $0.06. The oil and gas company earned $23.66 billion during the quarter, compared to analyst estimates of $24.66 billion. Phillips 66 had a return on equity of 19.96% and a net margin of 4.63%. During the same period in the previous year, the firm earned $1.04 EPS. View Phillips 66's Earnings History.
When is Phillips 66's next earnings date?
What price target have analysts set for PSX?
13 brokerages have issued 1 year target prices for Phillips 66's stock. Their forecasts range from $102.00 to $140.00. On average, they anticipate Phillips 66's stock price to reach $121.1818 in the next twelve months. This suggests a possible upside of 43.4% from the stock's current price. View Analyst Price Targets for Phillips 66.
What is the consensus analysts' recommendation for Phillips 66?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 in the last year. There are currently 6 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 negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Phillips 66 earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near 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), Valero Energy (VLO), Marathon Petroleum (MPC), 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)
- Mr. Timothy D. Roberts, Exec. VP of Midstream (Age 57)
Who are Phillips 66's major shareholders?
Phillips 66's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.77%), FMR LLC (2.03%), Wells Fargo & Company MN (2.00%), Northern Trust Corp (1.26%), Geode Capital Management LLC (1.23%) and LSV Asset Management (1.01%). 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.
Which major 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., Renaissance Technologies LLC, Janus Henderson Group PLC, Acadian Asset Management LLC, Ackerman Capital Advisors LLC, First Trust Advisors LP and California Public Employees Retirement System. View Insider Buying and Selling for Phillips 66.
Which major investors are buying Phillips 66 stock?
PSX stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, AQR Capital Management LLC, Wells Fargo & Company MN, JPMorgan Chase & Co., Neuberger Berman Group LLC, Clark Capital Management Group Inc., Avalon Advisors LLC and O Shaughnessy Asset Management LLC. 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.
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 $84.52.
How big of a company is Phillips 66?
Phillips 66 has a market capitalization of $38.33 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.
