- Previous Close
129.97 - Open
129.71 - Bid 130.39 x 800
- Ask 130.42 x 800
- Day's Range
129.13 - 131.30 - 52 Week Range
107.85 - 174.08 - Volume
1,145,654 - Avg. Volume
2,575,677 - Market Cap (intraday)
54.506B - Beta (5Y Monthly) 1.32
- PE Ratio (TTM)
11.17 - EPS (TTM)
11.66 - Earnings Date Oct 29, 2024
- Forward Dividend & Yield 4.60 (3.54%)
- Ex-Dividend Date Aug 20, 2024
- 1y Target Est
150.60
Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. 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, such as gasolines, distillates, aviation, and renewable. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels. This segment also manufactures and markets specialty products, such as base oils and lubricants. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.
www.phillips66.com14,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Oil & Gas Refining & Marketing
Industry
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Performance Overview: PSX
Trailing total returns as of 9/23/2024, which may include dividends or other distributions. Benchmark is
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Statistics: PSX
View MoreValuation Measures
Market Cap
54.40B
Enterprise Value
71.92B
Trailing P/E
11.15
Forward P/E
10.66
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
0.37
Price/Book (mrq)
1.85
Enterprise Value/Revenue
0.47
Enterprise Value/EBITDA
7.35
Financial Highlights
Profitability and Income Statement
Profit Margin
3.37%
Return on Assets (ttm)
4.77%
Return on Equity (ttm)
16.92%
Revenue (ttm)
151.85B
Net Income Avi to Common (ttm)
5.11B
Diluted EPS (ttm)
11.66
Balance Sheet and Cash Flow
Total Cash (mrq)
2.44B
Total Debt/Equity (mrq)
65.43%
Levered Free Cash Flow (ttm)
2.64B
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View MoreMorningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover
In this edition, new wave of GLP-1 anti-obesity drugs may tilt the scales; US refiners' margins fading but valuations remain high; Boeing machinists union strike is unfortunate Blow; and Moderna, China Suntien Green Energy, and Mastercard.
The Argus High-Yield Model Portfolio
Value stocks -- a market segment that includes high-yield stocks -- outperformed growth stocks in 2022. That's a recent rarity, as for the past decade-plus, the performance record has favored growth. But in 2022, The rollout of COVID-19 vaccines gave a lift to some of the cyclical companies (energy and regional banks) that had lagged in recent quarters, and value stocks outpaced growth stocks that year. While growth stocks have retaken the lead since 2023, the Federal Reserve continues to keep interest rates high to fend off inflation. This could possibly cap multiple expansion for growth companies in coming quarters. In any event, the value sector is the place to achieve income.
Phillips 66 Earnings: Q2 Results Surpass Expectations Even as Refining Earnings Normalize
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
RatingPrice TargetRecent share price weakness offers a buying opportunity
Phillips 66 is a downstream energy company with assets in five segments: Refining, Marketing & Specialties, Chemicals, Midstream, and Renewable Fuels. Its Refining and Marketing operations include 14 refineries with net crude capacity of 2.2 million barrels per day. Its Chemicals operations are conducted through a 50% interest in CP Chem, which has more than 33 billion pounds of net annual processing capacity. Midstream operations are conducted through DCP Midstream and through the company's controlling stake in Phillips 66 Partners. Phillips 66 began trading on the New York Stock Exchange on May 1, 2012.
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