Phillips 66 (PSX) Stock Price, News & Analysis

Company Overview

Phillips 66 (NYSE: PSX) is a diversified energy manufacturing and logistics company with operations spanning refining, midstream, chemicals and marketing. The company was formed in 2012 when ConocoPhillips separated its downstream assets to create a stand-alone entity focused on refining crude oil into a wide range of products and safely transporting energy commodities to markets around the world.

In its refining segment, Phillips 66 processes various grades of crude oil to produce gasoline, diesel, jet fuel, heating oil and specialty products such as lubricants and solvents. The midstream business provides gathering, processing, transportation and storage services for natural gas, crude oil and refined products. Through its chemicals arm, the company manufactures petrochemical feedstocks including ethylene, propylene and aromatics, which serve as building blocks for plastics, synthetic fibers and other industrial materials.

Phillips 66 operates an extensive network of refineries, pipelines, terminals and storage facilities across North America, Europe and Asia. Its marketing and specialties division sells fuels and lubricants under well-recognized brands to retail, commercial and industrial customers, while its logistics infrastructure ensures reliable delivery to airports, truck stops and fueling stations. The company’s integrated model allows for optimization of feedstock sourcing, production and product distribution to meet regional demand dynamics.

Headquartered in Houston, Texas, Phillips 66 is led by President and Chief Executive Officer Gregory G. Garland, whose industry experience spans more than three decades. Under his leadership, the company has emphasized operational excellence, safety and sustainability, investing in infrastructure upgrades, emissions reduction initiatives and renewable energy projects. With a legacy rooted in early 20th-century petroleum exploration, Phillips 66 continues to evolve its portfolio to address changing energy markets and customer needs.

Key Stats

• Today's Range: $125.30 to $127.31
• 50-Day Range: $110.86 to $134.37
• 52-Week Range: $91.01 to $150.12
• Volume: 3.26 million shs
• Average Volume: 3.13 million shs
• Market Capitalization: $51.35 billion
• P/E Ratio: 28.71
• Dividend Yield: 3.81%
• Price Target: $135.27
• Consensus Rating: Moderate Buy

Phillips 66 Stock Analysis - MarketRank™

Phillips 66 scored higher than 88% of companies evaluated by MarketBeat, and ranked 51st out of 266 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Phillips 66 has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 9 buy ratings, 9 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Phillips 66 has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 74.26%

Earnings Growth

Earnings for Phillips 66 are expected to grow by 74.26% in the coming year, from $6.80 to $11.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Phillips 66 is 28.71, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of Phillips 66 is 28.71, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 66.79.

Price to Earnings Growth Ratio

Phillips 66 has a PEG Ratio of 1.99. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Phillips 66 has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.98% of the float of Phillips 66 has been sold short.

Short Interest Ratio / Days to Cover

Phillips 66 has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Phillips 66 has recently increased by 19.47%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

Phillips 66 is a leading dividend payer. It pays a dividend yield of 3.88%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Phillips 66 has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Phillips 66 is 109.34%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Phillips 66 will have a dividend payout ratio of 40.51% next year. This indicates that Phillips 66 will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -5.56

Percentage of Shares Shorted

1.98% of the float of Phillips 66 has been sold short.

Short Interest Ratio / Days to Cover

Phillips 66 has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Phillips 66 has recently increased by 19.47%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.75

News Sentiment

Phillips 66 has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 42 news articles for Phillips 66 this week, compared to 26 articles on an average week.

Search Interest

Only 7 people have searched for PSX on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added Phillips 66 to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Phillips 66 insiders have sold 3,493.62% more of their company's stock than they have bought. Specifically, they have bought $49,980.00 in company stock and sold $1,796,090.00 in company stock.

Percentage Held by Insiders

Only 0.22% of the stock of Phillips 66 is held by insiders.

Percentage Held by Institutions

76.93% of the stock of Phillips 66 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PSX Stock Analysis - Frequently Asked Questions

How have PSX shares performed this year?

Phillips 66's stock was trading at $113.93 on January 1st, 2025. Since then, PSX stock has increased by 10.6% and is now trading at $126.03.

How were Phillips 66's earnings last quarter?

Phillips 66 (NYSE:PSX) issued its quarterly earnings results on Friday, April, 25th. The oil and gas company reported ($0.90) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by $0.97. The oil and gas company earned $31.92 billion during the quarter, compared to the consensus estimate of $31.93 billion. Phillips 66 had a net margin of 1.32% and a trailing twelve-month return on equity of 4.83%.
Read the conference call transcript.

Does Phillips 66 have any subsidiaries?

The following companies are subsidiaries of Phillips 66: Spectrum Corporation, Tosco Corporation, Asamera Oil (US) Inc., Central Retail Holdings LLC, C.S. Land Inc., Douglas Oil Company of California, eFUEL LLC, and more.

Who are Phillips 66's major shareholders?

Phillips 66's top institutional investors include Kingstone Capital Partners Texas LLC (0.15%), Truist Financial Corp (0.14%), Miller Howard Investments Inc. NY (0.07%) and Assenagon Asset Management S.A. (0.06%). Insiders that own company stock include Greg C Garland, Kevin J Mitchell, Brian Mandell, Timothy D Roberts, Vanessa Allen Sutherland, Richard G Harbison, Zhanna Golodryga, Gregory Hayes, Joseph Scott Pruitt and Robert W Pease.
View institutional ownership trends.

How do I buy shares of Phillips 66?

Shares of PSX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Phillips 66 own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Phillips 66 investors own include Chevron (CVX), NVIDIA (NVDA), Bristol Myers Squibb (BMY), Comcast (CMCSA), McKesson (MCK), Charles Schwab (SCHW) and Meta Platforms (META).

Company Calendar

• Last Earnings: 4/25/2025
• Record date for 6/2 Dividend: 5/19/2025
• Ex-Dividend for 6/2 Dividend: 5/19/2025
• Dividend Payable: 6/02/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 7/25/2025
• Record date for 9/2 Dividend: 8/19/2025
• Ex-Dividend for 9/2 Dividend: 8/19/2025
• Dividend Payable: 9/02/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL REFING&MKTG
• Sub-Industry: Oil & Gas Refining & Marketing
• Current Symbol: NYSE:PSX
• CIK: 1534701
• Web: www.phillips66.com
• Phone: (281) 293-6600
• Fax: 302-636-5454
• Employees: 13,200
• Year Founded: 1875

Price Target and Rating

• Average Price Target for Phillips 66: $135.27
• High Price Target: $156.00
• Low Price Target: $115.00
• Potential Upside/Downside: +8.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 18 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.39
• Trailing P/E Ratio: 28.52
• Forward P/E Ratio: 18.41
• P/E Growth: 1.99
• Net Income: $2.12 billion
• Net Margins: 1.32%
• Pretax Margin: 1.68%
• Return on Equity: 4.83%
• Return on Assets: 1.91%

Debt

• Debt-to-Equity Ratio: 0.63
• Current Ratio: 1.23
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $145.50 billion
• Price / Sales: 0.35
• Cash Flow: $12.27 per share
• Price / Cash Flow: 10.20
• Book Value: $68.92 per share
• Price / Book: 1.82

Miscellaneous

• Outstanding Shares: 407,440,000
• Free Float: 406,541,000
• Market Cap: $51.01 billion
• Optionable: Optionable
• Beta: 1.02