Phillips 66
About: Phillips 66 is an independent refiner that owns or holds interest in 11 refineries with a total crude throughput capacity of 1.8 million barrels per day, or mmb/d, at the end of 2024. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.
Employees: 13,200
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 177 | Existing positions closed: 133
25% more call options, than puts
Call options by funds: $407M | Put options by funds: $325M
14% more funds holding in top 10
Funds holding in top 10: 7 [Q4 2024] → 8 (+1) [Q1 2025]
2% more capital invested
Capital invested by funds: $36.6B [Q4 2024] → $37.3B (+$688M) [Q1 2025]
0% more funds holding
Funds holding: 1,748 [Q4 2024] → 1,753 (+5) [Q1 2025]
0.17% more ownership
Funds ownership: 74.26% [Q4 2024] → 74.43% (+0.17%) [Q1 2025]
2% less repeat investments, than reductions
Existing positions increased: 633 | Existing positions reduced: 646
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
UBS Spiro Dounis | 15%upside $143 | Buy Maintained | 28 Jul 2025 |
Piper Sandler Ryan Todd | 16%upside $144 | Neutral Maintained | 28 Jul 2025 |
Morgan Stanley Erin Wright | 3%upside $128 | Equal-Weight Maintained | 16 Jul 2025 |
Citigroup Vikram Bagri | 5%upside $130 | Neutral Downgraded | 16 Jul 2025 |
Raymond James Justin Jenkins | 14%upside $142 | Outperform Maintained | 15 Jul 2025 |
Financial journalist opinion
Based on 25 articles about PSX published over the past 30 days
