NYSE:PSX

Phillips 66 Stock Forecast, Price & News

$87.70

+3.35 (+3.97 %)

(As of 05/14/2021 12:00 AM ET)

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Today's Range

$85.23

▼

$87.80

50-Day Range

$74.95

▼

$86.04

52-Week Range

$43.27

▼

$90.59

Volume2.81 million shs

Average Volume2.76 million shs

Market Capitalization$38.40 billion

P/E RatioN/A

Dividend Yield4.27%

Beta1.67

30 days | 90 days | 365 days | Advanced Chart

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About Phillips 66

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 petroleum products to market; provides terminaling and storage services for crude oil and refined 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 produces 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 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 markets specialty products, such as base oils and lubricants. The company was founded in 1875 and is headquartered in Houston, Texas.

Phillips 66 shareholders vote against executive compensation plan
May 14, 2021 | bizjournals.com

Phillips 66 (NYSE:PSX) to Issue Quarterly Dividend of $0.90
May 12, 2021 | americanbankingnews.com

Credit Suisse Group Raises Phillips 66 (NYSE:PSX) Price Target to $95.00
May 12, 2021 | americanbankingnews.com

Refiners Stash Gasoline on Ships With Crucial Pipeline Cut Off
May 11, 2021 | finance.yahoo.com

Phillips 66 Partners (PSXP) Units Recover Since Q1 Earnings Miss
May 11, 2021 | finance.yahoo.com

Phillips 66 (NYSE:PSX) Given New $91.00 Price Target at Royal Bank of Canada
May 3, 2021 | americanbankingnews.com

Phillips 66: It's Uphill From Here
May 3, 2021 | seekingalpha.com

Phillips 66 Partners: A Bright Future Ahead - Even Without DAPL
May 2, 2021 | seekingalpha.com

Phillips 66 contends with Q1 winter storm costs
April 30, 2021 | bizjournals.com

Phillips 66 (PSX) Q1 2021 Earnings Call Transcript
April 30, 2021 | msn.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Petroleum refining

Sub-IndustryOil & Gas Refining & Marketing

SectorOils/Energy

Current SymbolNYSE:PSX

Previous Symbol

CUSIP71854610

CIK1534701

Webwww.phillips66.com

Phone281-293-6600

Employees14,300

Year Founded1875

Sales & Book Value

Annual Sales$109.56 billion

Price / Sales0.35

Cash Flow$13.81 per share

Price / Cash Flow6.35

Book Value$61.14 per share

Price / Book1.43

Profitability

EPS (Most Recent Fiscal Year)$8.05

Net Income$3.08 billion

Net Margins-3.45%

Return on Equity3.38%

Return on Assets1.47%

Debt

Debt-to-Equity Ratio0.57

Current Ratio1.22

Quick Ratio0.75

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E Growth3.65

Miscellaneous

Outstanding Shares437,867,000

Market Cap$38.40 billion

Next Earnings Date7/30/2021 (Estimated)

OptionableOptionable

Social Links

MarketRank^™

Overall MarketRank^™

1.73 out of 5 stars

Oils/Energy Sector

73rd out of 664 stocks

Petroleum Refining Industry

10th out of 29 stocks

2.4 Analyst's Opinion

Consensus Rating
Phillips 66 has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 14 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $83.41, Phillips 66 has a forecasted downside of 4.9% from its current price of $87.70.
Amount of Analyst Coverage
Phillips 66 has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
Phillips 66 has received 707 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Phillips 66 has received 863 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Phillips 66 has received 54.97% “underperform” 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 4.27%, 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 Coverage
The dividend payout ratio of Phillips 66 is 44.72%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Phillips 66 will have a dividend payout ratio of 140.08% in the coming year. This indicates that Phillips 66 may not be able to sustain their current dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Phillips 66 insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $14,027,250.00 in company stock.
Percentage Held by Insiders
Only 0.63% of the stock of Phillips 66 is held by insiders.
Percentage Held by Institutions
64.56% of the stock of Phillips 66 is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Phillips 66 are expected to grow in the coming year, from ($0.65) to $2.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Phillips 66 is -14.21, 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 -14.21, 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 3.65. 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 1.43. 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?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 in the last twelve months. There are currently 4 hold ratings and 14 buy ratings 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.

What stocks does MarketBeat like better than Phillips 66?

Wall Street analysts have given Phillips 66 a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Phillips 66 wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Phillips 66's next earnings date?

Phillips 66 is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for Phillips 66.

How were Phillips 66's earnings last quarter?

Phillips 66 (NYSE:PSX) released its quarterly earnings results on Thursday, April, 29th. The oil and gas company reported ($1.16) earnings per share for the quarter, topping the Zacks' consensus estimate of ($1.40) by $0.24. Phillips 66 had a negative net margin of 3.45% and a positive trailing twelve-month return on equity of 3.38%. During the same quarter in the previous year, the business posted $1.02 earnings per share.
View Phillips 66's earnings history.

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

Phillips 66's stock was trading at $55.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PSX shares have increased by 59.0% and is now trading at $87.70.
View which stocks have been most impacted by COVID-19.

How often does Phillips 66 pay dividends? What is the dividend yield for Phillips 66?

Phillips 66 declared a quarterly dividend on Wednesday, May 12th. Investors of record on Monday, May 24th will be paid a dividend of $0.90 per share on Tuesday, June 1st. This represents a $3.60 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend is Friday, May 21st.
View Phillips 66's dividend history.

Is Phillips 66 a good dividend stock?

Phillips 66 pays an annual dividend of $3.60 per share and currently has a dividend yield of 4.27%. PSX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Phillips 66 does not yet have a strock track record of dividend growth. The dividend payout ratio of Phillips 66 is 44.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Phillips 66 will have a dividend payout ratio of 140.08% in the coming year. This indicates that Phillips 66 may not be able to sustain their current dividend.
View Phillips 66's dividend history.

What price target have analysts set for PSX?

18 analysts have issued 1-year price targets for Phillips 66's shares. Their forecasts range from $34.00 to $105.00. On average, they anticipate Phillips 66's share price to reach $83.41 in the next year. This suggests that the stock has a possible downside of 4.9%.
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:

Mr. Greg C. Garland, Chairman & CEO (Age 64, Pay $5.55M)
Mr. Kevin J. Mitchell, Exec. VP of Fin. & CFO (Age 55, Pay $2.4M)
Ms. Paula Ann Johnson, Exec. VP of Legal and Gov. Affairs, Gen. Counsel & Corp. Sec. (Age 58, Pay $2M) (LinkedIn Profile)
Mr. Robert A. Herman, Exec. VP of Refining (Age 62, Pay $2.17M)
Mr. Timothy D. Roberts, Exec. VP of Midstream (Age 59, Pay $2.2M)
Mr. Mark Lashier, Pres & COO
Ms. Zhanna Golodryga, Sr. VP and Chief Digital & Admin. Officer (Age 65) (LinkedIn Profile)
Mr. Jeffrey Alan Dietert, VP of Investor Relations (LinkedIn Profile)
Ms. Sonya M. Reed, Sr. VP of HR & Corp. Communications (Age 47) (LinkedIn Profile)
Ms. Pam McGinnis, Pres of Global Marketing Group

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), Amyris (AMRS), Renewable Energy Group (REGI), CVR Energy (CVI), World Fuel Services (INT), PBF Energy (PBF), Clean Energy Fuels (CLNE), Delek US (DK), Green Plains (GPRE), 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), The 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. (7.63%), Geode Capital Management LLC (1.45%), JPMorgan Chase & Co. (1.20%), Northern Trust Corp (1.17%), Bank of New York Mellon Corp (0.93%) and Dimensional Fund Advisors LP (0.75%). Company insiders that own Phillips 66 stock include Chukwuemeka A Oyolu, Gary Kramer Adams, Greg C Garland, John E Lowe and Robert A Herman.
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 LSV Asset Management, Bank of New York Mellon Corp, Sumitomo Mitsui Trust Holdings Inc., DekaBank Deutsche Girozentrale, Citigroup Inc., The PNC Financial Services Group Inc., APG Asset Management N.V., and Korea Investment CORP.
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 bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., KBC Group NV, Envestnet Asset Management Inc., Bank of Montreal Can, Neuberger Berman Group LLC, Arrowstreet Capital Limited Partnership, and Russell Investments Group 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 $87.70.

How much money does Phillips 66 make?

Phillips 66 has a market capitalization of $38.40 billion and generates $109.56 billion in revenue each year. The oil and gas company earns $3.08 billion in net income (profit) each year or $8.05 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 or via email at [email protected]

This page was last updated on 5/15/2021 by MarketBeat.com Staff

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