NYSE:PSX

Phillips 66 Stock Forecast, Price & News

$73.14

+2.07 (+2.91%)

(As of 12/7/2021 01:27 PM ET)

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Today's Range: $71.70
▼
$74.07
50-Day Range: $68.67
▼
$83.73
52-Week Range: $63.19
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$94.34

Volume: 85,239 shs
Average Volume: 3.02 million shs
Market Capitalization: $32.04 billion

P/E Ratio: N/A
Dividend Yield: 5.26%
Beta: 1.66

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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.

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December 6, 2021 | nasdaq.com

British Airways and Phillips 66 Agree First-Ever UK-Produced Sustainable Aviation Fuel Supply
December 2, 2021 | finance.yahoo.com

Phillips 66 laying off 470 workers at Alliance refinery
November 29, 2021 | finance.yahoo.com

Phillips 66 (NYSE:PSX) Expected to Post Quarterly Sales of $22.53 Billion
November 25, 2021 | americanbankingnews.com

Here is Why Growth Investors Should Buy Phillips 66 (PSX) Now
November 22, 2021 | finance.yahoo.com

Mizuho Reiterates Buy Rating for Phillips 66 (NYSE:PSX)
November 21, 2021 | americanbankingnews.com

Why ExxonMobil, ConocoPhillips, and Phillips 66 Shares Sank Today
November 19, 2021 | fool.com

The Zacks Analyst Blog Highlights: Dow, PTC, Dropbox, Avis Budget Group and Phillips 66
November 19, 2021 | finance.yahoo.com

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November 16, 2021 | finance.yahoo.com

Wells Fargo & Company Raises Phillips 66 (NYSE:PSX) Price Target to $104.00
November 15, 2021 | americanbankingnews.com

Phillips 66 Ex-Dividend Reminder - 11/16/21
November 12, 2021 | forbes.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
Fax: 302-636-5454
Employees: 14,300
Year Founded: 1875

Sales & Book Value

Annual Sales: $65.49 billion
Price / Sales: 0.49
Cash Flow: $2.43 per share
Price / Cash Flow: 30.13
Book Value: $47.01 per share
Price / Book: 1.56

Profitability

EPS (Most Recent Fiscal Year): ($1.15)
Net Income: $-3.98 billion
Net Margins: -0.50%
Pretax Margin: -0.59%
Return on Equity: 3.44%
Return on Assets: 1.28%

Debt

Debt-to-Equity Ratio: 0.65
Current Ratio: 1.15
Quick Ratio: 0.83

Price-To-Earnings

Trailing P/E Ratio: N/A
Forward P/E Ratio: 18.38
P/E Growth: 0.88

Miscellaneous

Outstanding Shares: 438,100,000
Free Float: 434,858,000
Market Cap: $32.04 billion
Optionable: Optionable

Company Calendar

Last Earnings: 10/28/2021
Ex-Dividend: 11/16/2021
Dividend Payable: 12/01/2021
Today: 12/07/2021
Fiscal Year End: 12/31/2021
Next Earnings (Estimated): 2/04/2022

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MarketRank^™

Overall MarketRank^™

2.96 out of 5 stars

Oils/Energy Sector

24th out of 357 stocks

Petroleum Refining Industry

10th out of 23 stocks

3.4 Analyst's Opinion

Consensus Rating
Phillips 66 has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $86.92, Phillips 66 has a forecasted upside of 17.4% from its current price of $74.01.
Amount of Analyst Coverage
Phillips 66 has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.1 Community Rank

Outperform Votes
Phillips 66 has received 728 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Phillips 66 has received 438 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Phillips 66 has received 62.44% “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 5.26%, 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 53.10% 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
68.66% of the stock of Phillips 66 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Phillips 66 are expected to grow by 74.12% in the coming year, from $3.98 to $6.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Phillips 66 is -64.36, 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 -64.36, 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 0.88. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Phillips 66 has a P/B Ratio of 1.57. 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 analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 in the last year. There are currently 5 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Phillips 66 stock.
View analyst ratings for Phillips 66 or view top-rated stocks.
How has Phillips 66's stock price been impacted by COVID-19 (Coronavirus)?: Phillips 66's stock was trading at $55.15 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PSX shares have increased by 32.6% and is now trading at $73.14.
View which stocks have been most impacted by COVID-19.
Are investors shorting Phillips 66?: Phillips 66 saw a increase in short interest in October. As of October 29th, there was short interest totaling 8,920,000 shares, an increase of 15.5% from the October 14th total of 7,720,000 shares. Based on an average daily volume of 3,170,000 shares, the short-interest ratio is currently 2.8 days. Currently, 2.0% of the company's shares are sold short.
View Phillips 66's Short Interest.
When is Phillips 66's next earnings date?: Phillips 66 is scheduled to release its next quarterly earnings announcement on Friday, February 4th 2022.
View our earnings forecast for Phillips 66.
How were Phillips 66's earnings last quarter?: Phillips 66 (NYSE:PSX) issued its earnings results on Thursday, October, 28th. The oil and gas company reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $1.23. The oil and gas company had revenue of $31.47 billion for the quarter, compared to the consensus estimate of $24.33 billion. Phillips 66 had a negative net margin of 0.50% and a positive trailing twelve-month return on equity of 3.44%. During the same quarter last year, the business posted ($0.01) EPS.
View Phillips 66's earnings history.
How often does Phillips 66 pay dividends? What is the dividend yield for Phillips 66?: Phillips 66 announced a quarterly dividend on Friday, October 8th. Stockholders of record on Wednesday, November 17th will be paid a dividend of $0.92 per share on Wednesday, December 1st. This represents a $3.68 annualized dividend and a dividend yield of 5.03%. The ex-dividend date of this dividend is Tuesday, November 16th. This is a boost from Phillips 66's previous quarterly dividend of $0.88.
View Phillips 66's dividend history.
Is Phillips 66 a good dividend stock?: Phillips 66 pays an annual dividend of $3.68 per share and currently has a dividend yield of 5.26%. 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 12 month price objectives for Phillips 66's stock. Their forecasts range from $65.00 to $104.00. On average, they anticipate Phillips 66's stock price to reach $86.92 in the next twelve months. This suggests a possible upside of 18.8% 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), Renewable Energy Group (REGI), Green Plains (GPRE), Amyris (AMRS), World Fuel Services (INT), CVR Energy (CVI), PBF Energy (PBF), Clean Energy Fuels (CLNE), Delek US (DK), Gevo (GEVO), 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), 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 shareholders include BlackRock Inc. (7.53%), Geode Capital Management LLC (1.75%), Barrow Hanley Mewhinney & Strauss LLC (1.74%), Wellington Management Group LLP (1.00%), Bank of New York Mellon Corp (0.98%) and Morgan Stanley (0.89%). Company insiders that own Phillips 66 stock include 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 Wellington Management Group LLP, Neuberger Berman Group LLC, BlackRock Inc., Eaton Vance Management, Zacks Investment Management, KBC Group NV, DekaBank Deutsche Girozentrale, and Clark Capital Management Group 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 Renaissance Technologies LLC, Fort Washington Investment Advisors Inc. OH, Morgan Stanley, Deutsche Bank AG, Barrow Hanley Mewhinney & Strauss LLC, Voloridge Investment Management LLC, Citadel Advisors LLC, and Invesco 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 $73.14.
How much money does Phillips 66 make?: Phillips 66 has a market capitalization of $32.04 billion and generates $65.49 billion in revenue each year. The oil and gas company earns $-3.98 billion in net income (profit) each year or ($1.15) 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, via email at [email protected], or via fax at 302-636-5454.

This page was last updated on 12/7/2021 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

Company Calendar

Social Links

MarketRank™

Overall MarketRank™

3.4 Analyst's Opinion

4.1 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

1.7 Company Ownership

3.1 Earnings and Valuation

Phillips 66 (NYSE:PSX) Frequently Asked Questions

Is Phillips 66 a buy right now?

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

Are investors shorting Phillips 66?

When is Phillips 66's next earnings date?

How were Phillips 66's earnings last quarter?

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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