Phillips 66
PSX

$142.21

0.06%

Market Cap: 60.3B

About: 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.

Employees: 14,000

Energy Petroleum Refining

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 25 analysts

0

News positive %

of 22 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

45% more first-time investments, than exits

New positions opened: 199 | Existing positions closed: 137

22% more funds holding in top 10

Funds holding in top 10: 32 [Q4 2023] → 39 (+7) [Q1 2024]

18% more capital invested

Capital invested by funds: $43.8B [Q4 2023] → $51.5B (+$7.76B) [Q1 2024]

10% more call options, than puts

Call options by funds: $643M | Put options by funds: $584M

4% more funds holding

Funds holding: 1,750 [Q4 2023] → 1,812 (+62) [Q1 2024]

0.7% less ownership

Funds ownership: 74.73% [Q4 2023] → 74.04% (-0.7%) [Q1 2024]

20% less repeat investments, than reductions

Existing positions increased: 589 | Existing positions reduced: 737

See Fund Rankings

Research analyst outlook

25 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$136

4%

downside

Avg. target

$162

14%

upside

High target

$191

34%

upside

25 analyst ratings

16 positive

64%

9 neutral

36%

0 negative

0%

Scotiabank Paul Cheng	2%upside $145	Sector Outperform Maintained	12 Jul 2024
Barclays Theresa Chen	4%downside $136	Equal-Weight Maintained	9 Jul 2024
JP Morgan John Royall	14%upside $162	Overweight Maintained	2 Jul 2024
Barclays Theresa Chen	0%downside $142	Equal-Weight Maintained	1 Jul 2024
TD Cowen Jason Gabelman	9%upside $155	Buy Maintained	21 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 22 articles about PSX published over the past 30 days

Zacks Investment Research

Phillips 66 (PSX) Stock Declines While Market Improves: Some Information for Investors

Phillips 66 (PSX) concluded the recent trading session at $142.21, signifying a -0.21% move from its prior day's close.

Phillips 66 (PSX) Stock Declines While Market Improves: Some Information for Investors

CNBC Television

Trade Tracker: Bill Baruch sells Phillips 66

Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” to discuss his latest trades.

Trade Tracker: Bill Baruch sells Phillips 66

Zacks Investment Research

What's in Store for Phillips 66 (PSX) This Earnings Season?

Refining turnaround costs and higher input expenses are likely to have hurt Phillips 66's (PSX) Q2 earnings.

What's in Store for Phillips 66 (PSX) This Earnings Season?

7 Oil Stocks to Buy as Political Forces Collide

The world runs on oil. Given the scientific advantages of fossil fuels – namely their immense energy density – it's likely that the world will run on oil for a longer time than pundits are expecting.

7 Oil Stocks to Buy as Political Forces Collide

Zacks Investment Research

Earnings Preview: Phillips 66 (PSX) Q2 Earnings Expected to Decline

Phillips 66 (PSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Phillips 66 (PSX) Q2 Earnings Expected to Decline

The Motley Fool

ExxonMobil Is a Rock-Solid Dividend Stock, but So Is This Dirt Cheap Value Stock That Paid $1.8 Billion in Dividends Over the Past Year

Phillips 66 has been working to restore investor confidence after a historically bad year in 2020. The company has a clear plan for generating higher earnings and operating cash flow.

ExxonMobil Is a Rock-Solid Dividend Stock, but So Is This Dirt Cheap Value Stock That Paid $1.8 Billion in Dividends Over the Past Year

7 Energy Stocks to Buy as Americans Prioritize Travel More Than Ever

Here's the simple breakdown for why you need to consider energy stocks. Americans are going through a challenging time with the economy.

7 Energy Stocks to Buy as Americans Prioritize Travel More Than Ever

Zacks Investment Research

Phillips 66 (PSX) Modernizes Data Protection Operations

After a thorough competitive evaluation, Phillips 66 (PSX) selects Cohesity DataProtect to consolidate its data protection efforts into a single, unified platform.

Phillips 66 (PSX) Modernizes Data Protection Operations

Phillips 66 Selects Cohesity to Consolidate Data Protection Operations, Increase Security, and Reduce Costs

SAN JOSE, Calif.--(BUSINESS WIRE)-- #Phillips66Co--Cohesity, a leader in AI-powered data security and management, announced today that energy provider Phillips 66 (NYSE: PSX) selected the company to modernize its data protection operations. With Cohesity, Phillips 66 eliminated redundant tools and solutions across its IT infrastructure, resulting in less time spent managing its data protection environment, increased data security, and cost-savings over a three-year period. Previously, Phillips 66 relied on fiv.

Phillips 66 Selects Cohesity to Consolidate Data Protection Operations, Increase Security, and Reduce Costs

The 7 Most Undervalued Energy Stocks to Buy in July 2024

The energy sector presents several opportunities for investors looking to buy undervalued energy stocks in July. Companies in the oil and gas sector with strong cash flow and investments in low-carbon energy sources are quite appealing.

The 7 Most Undervalued Energy Stocks to Buy in July 2024

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