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 Date4/30/2019 (Confirmed)
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 paid a dividend of $0.80 per share on Friday, March 1st. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend 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 authorized a share repurchase program 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 programs are generally a sign that the company's management believes its stock is undervalued.
How were Phillips 66's earnings last quarter?
Phillips 66 (NYSE:PSX) released its quarterly earnings results on Friday, February, 8th. The oil and gas company reported $4.87 earnings per share for the quarter, topping analysts' consensus estimates of $2.76 by $2.11. The oil and gas company earned $29.84 billion during the quarter, compared to analysts' expectations 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 previous year, the business 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 analysts have issued twelve-month 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 $122.20 in the next twelve months. This suggests a possible upside of 25.8% 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 6 hold ratings and 6 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 negative on Tuesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Phillips 66 earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock's share price in the next few days.
Who are some of Phillips 66's key competitors?
Some companies that are related to Phillips 66 include BP (BP), China Petroleum & Chemical (SNP), Equinor ASA (EQNR), ConocoPhillips (COP), 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)
- 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 retail and institutional investors. Top institutional shareholders include Hamlin Capital Management LLC (0.11%), RNC Capital Management LLC (0.08%), Hexavest Inc. (0.07%), Gateway Investment Advisers LLC (0.07%), Polaris Greystone Financial Group LLC (0.06%) and Strs Ohio (0.05%). 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 major investors are selling Phillips 66 stock?
PSX stock was sold by a variety of institutional investors in the last quarter, including Norman Fields Gottscho Capital Management LLC, State of Alaska Department of Revenue, Town & Country Bank & Trust CO dba First Bankers Trust CO, Viking Fund Management LLC, Gradient Investments LLC, Central Bank & Trust Co., Gateway Investment Advisers LLC and Eqis Capital Management Inc.. 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 major investors are buying Phillips 66 stock?
PSX stock was acquired by a variety of institutional investors in the last quarter, including Polaris Greystone Financial Group LLC, Mercer Global Advisors Inc. ADV, Eastern Bank, Hamlin Capital Management LLC, Pacer Advisors Inc., CX Institutional, Jupiter Wealth Management LLC and Hexavest Inc.. 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 $97.14.
How big of a company is Phillips 66?
Phillips 66 has a market capitalization of $44.14 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.
