Phillips 66
PSX
Market cap $50.8B

124.70 USD

-0.87

0.69%

At close May 14, 4:00 PM EDT

After hours

124.40

-0.30

0.24%

1 day

-0.69%

5 days

17.21%

1 month

27.48%

3 months

-2.61%

6 months

-3.90%

Year to date

8.99%

1 year

-13.91%

5 years

73.80%

10 years

52.76%

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

Energy Oil & Gas Refining & Marketing

0

Funds holding %

of 7,425 funds

0

Analysts bullish %

of 9 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

12% more first-time investments, than exits

New positions opened: 202 | Existing positions closed: 180

2.84% more ownership

Funds ownership: 71.36% [Q3] → 74.21% (+2.84%) [Q4]

3% more call options, than puts

Call options by funds: $309M | Put options by funds: $299M

0% less funds holding

Funds holding: 1,746 [Q3] → 1,739 (-7) [Q4]

6% less repeat investments, than reductions

Existing positions increased: 603 | Existing positions reduced: 641

7% less capital invested

Capital invested by funds: $39.3B [Q3] → $36.6B (-$2.67B) [Q4]

61% less funds holding in top 10

Funds holding in top 10: 18 [Q3] → 7 (-11) [Q4]

See Fund Rankings

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$115

8%

downside

Avg. target

$133

7%

upside

High target

$149

19%

upside

9 analyst ratings

5 positive

56%

4 neutral

44%

0 negative

0%

Mizuho Nitin Kumar 44% 1-year accuracy 28 / 63 met price target	11%upside $138	Neutral Maintained	13 May 2025
Barclays Theresa Chen 50% 1-year accuracy 17 / 34 met price target	8%downside $115	Equal-Weight Maintained	12 May 2025
JP Morgan John Royall 53% 1-year accuracy 8 / 15 met price target	5%upside $131	Overweight Maintained	29 Apr 2025
UBS Spiro Dounis 33% 1-year accuracy 5 / 15 met price target	12%upside $140	Buy Maintained	28 Apr 2025
Wells Fargo Roger Read 40% 1-year accuracy 46 / 114 met price target	19%upside $149	Overweight Maintained	28 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 34 articles about PSX published over the past 30 days

CNBC Television

Faber Report: ISS backs Elliott in Phillips 66 fight

David Faber discusses the latest details on Elliott's proxy fight with Phillips 66.

Faber Report: ISS backs Elliott in Phillips 66 fight

Elliott Wins Backing from Proxy Advisers in Phillips 66 Boardroom Battle

The activist investor won support from influential proxy advisory firm ISS.

Elliott Wins Backing from Proxy Advisers in Phillips 66 Boardroom Battle

Phillips 66 Issues Statement Following Glass Lewis and ISS Reports

HOUSTON--(BUSINESS WIRE)--Phillips 66 today announced that it strongly disagrees with the recommendations issued by Institutional Shareholder Services and Glass Lewis & Co.

Phillips 66 Issues Statement Following Glass Lewis and ISS Reports

Leading Proxy Advisory Firm ISS Recommends Phillips 66 Shareholders Vote for All Four of Elliott's Director Nominees

ISS Validates Elliott's Case for Change and Recommends Nominees Brian Coffman, Sigmund Cornelius, Michael Heim and Stacy Nieuwoudt Notes Phillips 66's "Disappointing" Operating Performance, "Selective Disclosure, Unverifiable Claims About Various Operational Successes, and Ambiguous and Vague Responses to Otherwise Basic Questions" Cites the Board's "Failure" to Ensure Strong Governance and Board Oversight as Evidence of the Company's "Disconnect from Shareholders" All Three Proxy Advisory Firms – ISS, Glass Lewis and Egan-Jones – Have Now Endorsed Elliott's Case for Change at Phillips 66 WEST PALM BEACH, Fla. , May 12, 2025 /PRNewswire/ -- Elliott Investment Management L.P.

Leading Proxy Advisory Firm ISS Recommends Phillips 66 Shareholders Vote for All Four of Elliott's Director Nominees

Elliott wins ISS support in Phillips 66 proxy battle

Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended that investors elect all four of the activist's director nominees.

Elliott wins ISS support in Phillips 66 proxy battle

Phillips 66 to Host Annual Meeting of Shareholders

HOUSTON--(BUSINESS WIRE)--Phillips 66 will host its 2025 Annual Meeting of Shareholders on Wednesday, May 21 at 8 a.m. CT in a virtual-only format via audio webcast.

Phillips 66 to Host Annual Meeting of Shareholders

Glass Lewis Recommends Shareholders Support Elliott's Case for Urgent Board Change at Phillips 66

Glass Lewis Recognizes Need for Independent Perspectives in the Phillips 66 Boardroom and Recommends Support for Elliott Director Nominees Brian Coffman, Sigmund Cornelius and Michael Heim Concludes Elliott Has Presented a More Compelling Case By a "Relatively Decisive Margin" and Phillips 66's Underperformance and Poor Governance Should be of "Significant Concern" to Investors Cites Company's "Increasingly Dubious" Commitment to Corporate Governance and "Creative Representation" of the Facts as Further Evidence That Meaningful Change is Needed in the Boardroom Details How Phillips 66's Arguments are "Disconnected from

Glass Lewis Recommends Shareholders Support Elliott's Case for Urgent Board Change at Phillips 66

Phillips 66 Provides Statement of Critical Facts

HOUSTON--(BUSINESS WIRE)--Phillips 66 today provided investors with important information to make fully informed voting decisions at the Phillips 66 Annual Meeting on May 21.

Phillips 66 Provides Statement of Critical Facts

Phillips 66: Refining Turn & Activist Pressure Create Opportunity

Phillips 66 shares have underperformed, losing about 25% over the past year, due to weak refining margins and macroeconomic challenges. Q1 results were weak, with a $0.90 loss per share, but turnaround work should improve margins and throughput in the near term. The company is reducing debt and focusing on shareholder returns, with potential upside from asset sales and improved refining margins.

Phillips 66: Refining Turn & Activist Pressure Create Opportunity

Elliott Management Presents the Choice for Phillips 66 Shareholders

PSX Leadership Supports Poor Performance and the Status Quo Elliott's "Streamline 66" Plan Would Create a Stronger Phillips 66 Based on Experience and Results, Not Rhetoric Visit Streamline66.com to Download the Full Presentation WEST PALM BEACH, Fla. , May 6, 2025 /PRNewswire/ -- Elliott Investment Management L.P.

Elliott Management Presents the Choice for Phillips 66 Shareholders

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