Phillips 66 (PSX) (PSX)
NYSE:PSX
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PSX Stock Chart & Stats
$156.37
$0.07(0.06%)
At close: 4:00 PM EST
$156.37
$0.07(0.06%)
Day’s Range― - ―
52-Week Range$118.00 - $190.61
Previous CloseN/A
Volume497.11K
Average Volume (3M)2.45M
Market Cap
$66.61B
Enterprise Value$89.00B
Total Cash (Recent Filing)$5.15B
Total Debt (Recent Filing)$27.12B
Price to Earnings (P/E)16.2
Beta0.72
Next Earnings
Jul 24, 2026EPS Estimate
6.52Next Dividend Ex-DateN/A
Dividend Yield3.68%
Share Statistics
EPS (TTM)10.19
Shares Outstanding400,935,030
10 Day Avg. Volume2,715,672
30 Day Avg. Volume2,451,437
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)1.80
Price to Sales (P/S)0.40
P/FCF Ratio19.20
Enterprise Value/Market Cap1.34
Enterprise Value/Revenue0.66
Enterprise Value/Gross Profit9.31
Enterprise Value/Ebitda9.69
Forecast
1Y Price Target
$194.69Price Target Upside24.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
EPS Forecast (FY)17.33
Revenue Forecast (FY)$158.40B
Bulls Say, Bears Say
Bulls Say
Diversified Integrated PortfolioPhillips 66’s multi‑segment footprint (refining, midstream, marketing, CPChem equity) provides durable cash‑flow diversification. Midstream fees and joint‑venture chemicals income are less commodity‑sensitive than refining, and integrated logistics lower delivered costs and support margins across cycles.
Commercial Execution & Market CaptureSustained commercial optimization and large trading volumes (138% market capture, >6M bbl/day) reflect structural trading and logistics capabilities. This scale creates recurring arbitrage and marketing edge that supports throughput, improves product placement and stabilizes realized margins over multiple quarters.
Credible Liquidity And Deleveraging PlanManagement’s articulated debt reduction targets and a $5.2B cash balance, plus new term loan/expanded receivables facility, provide structural liquidity. A credible multi‑year deleveraging roadmap improves financial flexibility to fund capex, returns and withstand cyclicality over the next 2–3 years.
Bears Say
Weak Free Cash FlowMaterial deterioration in trailing‑12‑month free cash flow cuts durable capital allocation capacity. With FCF covering a much smaller share of net income, the company has less internal funding for capex, debt paydown and shareholder returns, raising execution risk on the deleveraging plan if cyclicality persists.
Rising Leverage TrendThe step‑up in leverage materially reduces balance‑sheet cushion against lower margins. Higher gross leverage increases interest and covenant sensitivity and constrains strategic optionality, making the company more exposed to industry downturns and potentially forcing tougher tradeoffs among capex, buybacks and debt reduction.
Working‑capital And Collateral VolatilityLarge, recurring working‑capital swings and substantial margin collateral create ongoing short‑term cash demands. Reliance on short‑term facilities and temporary borrowings to manage collateral is a structural liquidity vulnerability until inventories and derivative positions normalize across commodity cycles.
Phillips 66 News
PSX FAQ
What was Phillips 66 (PSX)’s price range in the past 12 months?
Phillips 66 (PSX) lowest stock price was $118.00 and its highest was $190.61 in the past 12 months.
What is Phillips 66 (PSX)’s market cap?
Phillips 66 (PSX)’s market cap is $66.61B.
When is Phillips 66 (PSX)’s upcoming earnings report date?
Phillips 66 (PSX)’s upcoming earnings report date is Jul 24, 2026 which is in 33 days.
How were Phillips 66 (PSX)’s earnings last quarter?
Phillips 66 (PSX) released its earnings results on Apr 29, 2026. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of -$0.542 by $1.032.
Is Phillips 66 (PSX) overvalued?
According to Wall Street analysts Phillips 66 (PSX)’s price is currently Undervalued.
Does Phillips 66 (PSX) pay dividends?
Phillips 66 (PSX) pays a Quarterly dividend of $1.27 which represents an annual dividend yield of 3.68%. See more information on Phillips 66 (PSX) dividends here
What is Phillips 66 (PSX)’s EPS estimate?
Phillips 66 (PSX)’s EPS estimate is 6.52.
How many shares outstanding does Phillips 66 (PSX) have?
Phillips 66 (PSX) has 400,935,030 shares outstanding.
What happened to Phillips 66 (PSX)’s price movement after its last earnings report?
Phillips 66 (PSX) reported an EPS of $0.49 in its last earnings report, beating expectations of -$0.542. Following the earnings report the stock price went up 5.063%.
Which hedge fund is a major shareholder of Phillips 66 (PSX)?
Currently, no hedge funds are holding shares in PSX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Phillips 66 Stock Smart Score
Outperform
1
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5
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$194.69 (24.50% Upside)
$194.69 (24.50% Upside)
Blogger Sentiment
Bullish
PSX Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 57.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.66%
12-Months-Change
Fundamentals
Return on Equity
14.72%
Trailing 12-Months
Asset Growth
17.05%
Trailing 12-Months
Company Description
Phillips 66 (PSX)
Phillips 66 operates as a diversified energy company, specializing in both manufacturing and logistics. Its comprehensive business model is structured across four primary segments: Midstream, Chemicals, Refining, and Marketing & Specialties (M&S). The Midstream division manages the vital infrastructure for transporting and processing various energy commodities. This includes moving crude oil and other feedstocks, delivering refined petroleum products to market, offering terminaling and storage solutions, and handling natural gas liquids (NGLs) through processes like transportation, storage, fractionation, export, and marketing. It also provides fee-based processing services and oversees the gathering, processing, transportation, and marketing of natural gas. The Chemicals segment is dedicated to the production and distribution of a broad spectrum of chemical products. This encompasses olefins like ethylene, aromatics and styrenics such as benzene, cyclohexane, styrene, and polystyrene, alongside various specialty chemicals. These specialty products include organosulfur compounds, solvents, catalysts, and chemicals utilized in drilling and mining operations. Through its Refining segment, Phillips 66 transforms crude oil and other feedstocks into essential petroleum products. These include different grades of gasoline, distillates, aviation fuels, and renewable fuels, processed at its network of 12 refineries located in the United States and Europe. The Marketing & Specialties (M&S) segment focuses on the procurement, resale, and marketing of refined petroleum products like gasolines, distillates, and aviation fuels, primarily serving markets in the United States and Europe. This segment also manufactures and distributes specialized products, including base oils and lubricants. Phillips 66, founded in 1875, is headquartered in Houston, Texas.
PSX Company Deck
PSX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call balanced sizable near-term challenges—most notably a large mark-to-market loss ($839M), elevated working capital and margin collateral requirements, and temporary borrowings—with multiple operational and strategic positives: strong commercial execution (138% market capture), disciplined capital returns (returned $778M and a 7% dividend increase), liquidity ($5.2B cash), improving refining unit costs, advantaged chemicals feedstock and a clear debt-reduction path to $17B by end-2027. Management characterizes many negatives as liquidity/mark-to-market timing effects and emphasized operational strength and optionality across midstream, refining, chemicals and renewables. Given the company’s demonstrated ability to capture commercial opportunities, substantial liquidity, and a credible plan to reduce debt while continuing shareholder returns, the positives materially outweigh the temporary financial noise.View all PSX earnings summariesPSX Revenue Breakdown
64.73% Marketing and Specialties
24.54% Refining
10.71% Midstream
PSX Stock 12 Month Forecast
Average Price Target
$194.69
▲(24.50% Upside)
Technical Analysis
Ownership Overview
0.18% Insiders
22.55% Mutual Funds
15.42% Other Institutional Investors
33.81% Public Companies and Individual Investors