Phillips 66 (PSX) Stock Insights

PSX price $273.76 +5.23 +1.95%

Ticker
PSX
Price
$273.76
Change
+5.23 +1.95%
Market cap ?
$109.76B
P/E ?
15.23
Forward P/E ?
8.69
Dividend yield ?
1.87%
Beta ?
0.70
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Stocklytics score
63
Value
60
Quality
46
Growth
84

Stocklytics score rationale: value 60, quality 46, growth 84.

Financials

2016201720182019202020212022202320242025
713490000008954700000011126900000010744300000063693000000111944000000170118000000147262000000143118000000132189000000

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…

Fair value

PSX fair value $356.69. Price $273.76. Price is 23% below fair value.

Below fair value, but more expensive than usual. A smaller discount than on 78% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 14.35B. Growth 0.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 400.94M. Net debt 21.77B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare PSX

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-02-04—10.58—45.65B
2026-10-2814.0811.7342.41B44.91B
2026-08-059.417.5051.93B43.60B
2026-04-290.49-0.5433.00B35.86B
2026-02-042.472.1536.33B33.86B
2025-10-292.522.1434.98B33.54B
2025-07-252.381.7233.32B33.28B
2025-04-25-0.90-0.7230.43B31.70B
2025-01-31-0.151.2333.69B34.32B
2024-10-292.041.7135.53B36.99B
2024-07-302.311.9838.10B37.79B
2024-04-261.902.1735.81B35.87B
2024-01-313.092.3538.27B36.50B
2023-10-274.634.7639.64B38.96B
2023-08-023.873.5635.09B34.55B
2023-05-034.213.5634.40B34.23B
2023-01-314.004.3540.28B39.23B
2022-11-016.464.9844.95B39.35B
2022-07-296.775.9748.58B43.56B
2022-04-291.321.2836.18B36.61B
2022-01-282.941.9532.60B28.56B
2021-10-293.181.9530.24B26.57B
2021-08-030.740.6027.00B27.89B
2021-04-30-1.16-1.4121.63B18.01B
2021-01-29-1.16-1.0916.41B14.86B
2020-10-30-0.01-0.8015.93B61.70B
2020-07-31-0.74-0.9910.91B13.57B
2020-05-011.020.6320.88B12.48B
2020-01-311.541.5629.12B29.57B
2019-10-253.112.6027.22B22.61B
2019-07-263.022.7427.85B25.25B
2019-04-300.400.3423.10B19.79B
2019-02-084.873.0129.10B17.73B
2018-10-263.102.4829.79B23.91B
2018-07-272.802.1928.98B22.77B
2018-04-271.040.8923.59B20.19B
2018-02-021.070.8629.75B24.03B
2017-10-271.661.5725.63B24.48B
2017-08-011.091.0124.09B22.24B
2017-04-280.560.0522.89B2.04B

Dividends

Yield 1.83%. Payout ratio 27.96%. Frequency Quarterly.

Safety score 100/100 · Safe. Payout ratio is 28% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 15 separate years. Yield is 1.8%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-11-17$1.332026-11-172026-12-01Quarterly
2026-08-18$1.272026-08-182026-09-01Quarterly
2026-05-18$1.272026-05-182026-06-01Quarterly
2026-02-23$1.272026-02-232026-03-04Quarterly
2025-11-17$1.202025-11-172025-12-01Quarterly
2025-08-19$1.202025-08-192025-09-02Quarterly
2025-05-19$1.202025-05-192025-06-02Quarterly
2025-02-24$1.152025-02-242025-03-05Quarterly
2024-11-18$1.152024-11-182024-12-02Quarterly
2024-08-20$1.152024-08-202024-09-03Quarterly
2024-05-17$1.152024-05-202024-06-03Quarterly
2024-02-16$1.052024-02-202024-03-01Quarterly
2023-11-16$1.052023-11-172023-12-01Quarterly
2023-08-17$1.052023-08-182023-09-01Quarterly
2023-05-19$1.052023-05-222023-06-01Quarterly
2023-02-17$1.052023-02-212023-03-01Quarterly
2022-11-16$0.972022-11-172022-12-01Quarterly
2022-08-17$0.972022-08-182022-09-01Quarterly
2022-05-20$0.972022-05-232022-06-01Quarterly
2022-02-18$0.922022-02-222022-03-01Quarterly
2021-11-16$0.922021-11-172021-12-01Quarterly
2021-08-17$0.882021-08-182021-09-01Quarterly
2021-05-21$0.882021-05-242021-06-01Quarterly
2021-02-19$0.882021-02-222021-03-01Quarterly
2020-11-16$0.902020-11-172020-12-01Quarterly
2020-08-17$0.902020-08-182020-09-01Quarterly
2020-05-15$0.902020-05-182020-06-01Quarterly
2020-02-14$0.902020-02-182020-03-02Quarterly
2019-11-15$0.902019-11-182019-12-02Quarterly
2019-08-19$0.902019-08-202019-09-03Quarterly
2019-05-17$0.902019-05-202019-06-03Quarterly
2019-02-15$0.802019-02-192019-03-01Quarterly
2018-11-16$0.802018-11-192018-12-03Quarterly
2018-08-20$0.802018-08-212018-09-04Quarterly
2018-05-18$0.802018-05-212018-06-01Quarterly
2018-02-16$0.702018-02-202018-03-01Quarterly
2017-11-16$0.702017-11-172017-12-01Quarterly
2017-08-16$0.702017-08-182017-09-01Quarterly
2017-05-16$0.702017-05-182017-06-01Quarterly
2017-02-16$0.632017-02-212017-03-01Quarterly
2016-11-15$0.632016-11-172016-12-01Quarterly
2016-08-16$0.632016-08-182016-09-01Quarterly
2016-05-16$0.632016-05-182016-06-01Quarterly
2016-02-11$0.562016-02-162016-03-01Quarterly
2015-11-10$0.562015-11-132015-12-01Quarterly
2015-08-13$0.562015-08-172015-09-01Quarterly
2015-05-14$0.562015-05-182015-06-01Quarterly
2015-02-12$0.502015-02-172015-03-02Quarterly
2014-11-12$0.502014-11-142014-12-01Quarterly
2014-08-13$0.502014-08-152014-09-02Quarterly
2014-05-15$0.502014-05-192014-06-02Quarterly
2014-02-13$0.392014-02-182014-03-03Quarterly
2013-11-12$0.392013-11-142013-12-02Quarterly
2013-08-14$0.312013-08-162013-09-03Quarterly
2013-05-16$0.312013-05-202013-06-03Quarterly
2013-02-19$0.312013-02-212013-03-01Quarterly
2012-10-11$0.252012-10-152012-12-03Quarterly
2012-07-19$0.202012-07-232012-09-04Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-09-16Mandell BrianBuy23.40K$74.701.75M
2026-09-16Mandell BrianSell23.40K$265.066.20M
2026-09-16Mandell BrianSell23.40K$74.701.75M
2026-09-10Kluppel Ann MSell40——
2026-08-12Harbison Richard GBuy23.80K$100.442.39M
2026-08-12Harbison Richard GBuy14.80K$89.051.32M
2026-08-12Harbison Richard GBuy13.50K$74.701.01M
2026-08-12Harbison Richard GSell52.10K$223.7611.66M
2026-08-12Harbison Richard GSell13.50K$74.701.01M
2026-08-12Harbison Richard GSell14.80K$89.051.32M
2026-08-12Harbison Richard GSell23.80K$100.442.39M
2026-08-11Mandell BrianBuy30.00K$74.702.24M
2026-08-11Mandell BrianSell30.00K$215.006.45M
2026-08-11Mandell BrianSell30.00K$74.702.24M
2026-08-10Mandell BrianBuy3.30K$74.70246.51K
2026-08-10Mandell BrianSell3.30K$214.02706.27K
2026-08-10Mandell BrianSell3.30K$74.70246.51K
2026-08-10Davis Lisa AnnSell1.00K$207.21207.21K
2026-08-10Davis Lisa AnnSell200$208.3741.67K
2026-08-10Davis Lisa AnnSell315$208.9965.83K
2026-08-10Kluppel Ann MBuy3.93K$89.05350.32K
2026-08-10Kluppel Ann MSell2.10K$210.63442.33K
2026-08-10Kluppel Ann MBuy2.10K$100.44210.91K
2026-08-10Kluppel Ann MSell1.97K$212.00417.00K
2026-08-10Kluppel Ann MSell1.97K$215.00422.90K
2026-08-10Kluppel Ann MSell2.10K$100.44210.91K
2026-08-10Kluppel Ann MSell3.93K$89.05350.32K
2026-08-07Kluppel Ann MBuy1.80K$100.44180.78K
2026-08-07Kluppel Ann MSell1.80K$205.00369.00K
2026-08-07Kluppel Ann MSell1.80K$100.44180.78K
2026-07-21Sutherland Vanessa AllenSell3.52K$211.05743.52K
2026-07-21Sutherland Vanessa AllenSell3.52K$2,110,482.007.44B
2026-07-20Sutherland Vanessa AllenSell563$211.01118.80K
2026-07-09Mitchell Kevin JBuy11.02K$94.971.05M
2026-07-09Mitchell Kevin JSell11.02K$190.032.09M
2026-07-09Mitchell Kevin JSell11.02K$94.971.05M
2026-05-11Mitchell Kevin JBuy600$94.9756.98K
2026-05-11Mitchell Kevin JSell600$171.56102.94K
2026-05-11Mitchell Kevin JSell600$94.9756.98K
2026-05-08Mitchell Kevin JBuy24.00K$94.972.28M
2026-05-08Mitchell Kevin JBuy5.40K$94.85512.19K
2026-05-08Mitchell Kevin JSell29.40K$170.005.00M
2026-05-08Mitchell Kevin JSell24.00K$94.972.28M
2026-05-08Mitchell Kevin JSell5.40K$94.85512.19K
2026-05-06Meyers Kevin OmarBuy175$173.1230.30K
2026-04-01Baldridge DonSell5.88K$177.211.04M
2026-03-30Mitchell Kevin JBuy15.63K$94.971.48M
2026-03-30Mitchell Kevin JSell15.63K$190.072.97M
2026-03-30Mitchell Kevin JSell15.63K$94.971.48M
2026-03-17Meyers Kevin OmarBuy175$173.2030.31K
2026-03-16Ungerleider Howard IBuy949$172.84164.02K
2026-03-16Meyers Kevin OmarBuy949$172.84164.02K
2026-03-13Davis Lisa AnnSell3.80K$174.37662.62K
2026-03-12Mandell BrianBuy42.80K$89.573.83M
2026-03-12Mandell BrianSell42.80K$169.537.26M
2026-03-12Mandell BrianSell42.80K$89.573.83M
2026-03-06Ungerleider Howard IOther0——
2026-03-06Meyers Kevin OmarOther0——
2026-03-05Mitchell Kevin JBuy16.86K$94.851.60M
2026-03-05Mitchell Kevin JSell16.86K$168.222.84M
2026-03-05Mitchell Kevin JSell16.86K$94.851.60M
2026-03-04Mitchell Kevin JBuy4.94K$94.85468.94K
2026-03-04Mitchell Kevin JSell4.94K$165.03815.90K
2026-03-04Mitchell Kevin JSell4.94K$94.85468.94K
2026-02-17Baldridge DonSell7.50K$160.001.20M
2026-02-10Kluppel Ann MBuy1.99K$156.70311.99K
2026-02-10Harbison Richard GBuy8.17K$156.701.28M
2026-02-10Lashier Mark EBuy29.15K$156.704.57M
2026-02-10Mitchell Kevin JBuy11.41K$156.701.79M
2026-02-10Sutherland Vanessa AllenBuy7.48K$156.701.17M
2026-02-10Mandell BrianBuy7.24K$156.701.14M
2026-02-10Baldridge DonBuy7.14K$156.701.12M
2026-02-07Sutherland Vanessa AllenSell1.65K$156.93259.55K
2026-02-07Mitchell Kevin JSell3.36K$156.93527.42K
2026-02-07Mandell BrianSell2.19K$156.93343.35K
2026-02-07Lashier Mark ESell9.69K$156.931.52M
2026-02-07Kluppel Ann MSell228$156.9335.78K
2026-02-07Harbison Richard GSell1.38K$156.93216.24K
2026-02-07Baldridge DonSell604$156.9394.78K
2026-02-04Sutherland Vanessa AllenSell4.39K$150.00659.10K
2026-01-15CORNELIUS SIGMUND LBuy1.42K$140.56200.02K
2026-01-15HAYES GREGORYBuy1.42K$140.56200.02K
2026-01-15HEARNE ANDREW NIGELBuy1.42K$140.56200.02K
2026-01-15Heim Michael ABuy1.42K$140.56200.02K
2026-01-15HOLLEY CHARLES MBuy1.42K$140.56200.02K
2026-01-15Pease Robert WBuy1.42K$140.56200.02K
2026-01-15Singleton Denise RBuy1.42K$140.56200.02K
2026-01-15Bushman Julie LBuy1.42K$140.56200.02K
2026-01-15Whiteford Grace PumaBuy1.42K$140.56200.02K
2026-01-15Terreson Douglas TBuy1.42K$140.56200.02K
2026-01-15TILTON GLENN FBuy1.42K$140.56200.02K
2026-01-15WHITTINGTON MARNA CBuy1.42K$140.56200.02K
2026-01-15Davis Lisa AnnBuy1.42K$140.56200.02K
2026-01-09Sutherland Vanessa AllenSell4.39K$145.00637.13K
2025-12-10Baldridge DonSell257$141.3736.33K
2025-12-10Lashier Mark ESell1.21K$141.37170.64K
2025-12-10Harbison Richard GSell319$141.3745.10K
2025-12-10Mitchell Kevin JSell445$141.3762.91K
2025-12-10Kluppel Ann MSell72$141.3710.18K
2025-12-10Mandell BrianSell299$141.3742.27K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 2.17K, holders -21 vs prior quarter. Ownership 80.27%.

HolderSharesChangeChange %Value
BLACKROCK, INC.34.11M2.09M+6.52%5.77B
VANGUARD CAPITAL MANAGEMENT LLC26.18M75.35K+0.29%4.43B
STATE STREET CORP26.04M271.84K+1.05%4.40B
VANGUARD PORTFOLIO MANAGEMENT LLC22.21M113.63K+0.51%3.76B
ELLIOTT INVESTMENT MANAGEMENT L.P.19.25M00.00%3.25B
WELLS FARGO & COMPANY/MN12.48M-1.31M-9.49%2.11B
GEODE CAPITAL MANAGEMENT, LLC11.12M463.83K+4.35%1.87B
MORGAN STANLEY7.21M106.46K+1.50%1.22B
BANK OF NEW YORK MELLON CORP6.47M-412.45K-6.00%1.09B
GOLDMAN SACHS GROUP INC5.61M-110.62K-1.93%948.92M
AQR CAPITAL MANAGEMENT LLC4.49M1.11M+32.69%758.95M
NORGES BANK4.16M4.16MNew704.04M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.4.09M4.09MNew691.12M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC4.09M119.68K+3.02%691.12M
PRICE T ROWE ASSOCIATES INC /MD/3.80M-980.42K-20.53%641.70M
INVESCO LTD.3.74M-219.03K-5.53%632.55M
FMR LLC3.73M-599.02K-13.84%630.24M
NORTHERN TRUST CORP3.58M-91.29K-2.48%606.01M
DIMENSIONAL FUND ADVISORS LP3.11M266.84K+9.40%525.22M
AMUNDI2.96M-709.20K-19.34%500.09M
BANK OF AMERICA CORP /DE/2.78M-190.97K-6.43%469.97M
UBS GROUP AG2.40M-748.78K-23.77%405.84M
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC2.36M39.75K+1.71%399.19M
VANGUARD FIDUCIARY TRUST CO2.25M-15.38K-0.68%381.13M
JPMORGAN CHASE & CO1.93M-305.71K-13.65%336.63M

Insights

Revenue by product
PeriodValue
FY2012Chemicals Segment: 11000000.0, Corporate and Other: 13000000.0, Midstream Segment: 6431000000.0
FY2013Chemicals Segment: 9000000.0, Corporate and Other: 30000000.0, Marketing And Specialties Segment: 115358000000.0, Midstream Segment: 6477000000.0, Refining: 72503000000.0
FY2014Chemicals Segment: 7000000.0, Consolidation, Eliminations: 26439000000.0, Corporate and Other: 32000000.0, Marketing And Specialties Segment: 110540000000.0, Midstream Segment: 6222000000.0
FY2015Chemicals Segment: 5000000.0, Consolidation, Eliminations: 16491000000.0, Corporate and Other: 30000000.0, Marketing And Specialties Segment: 74591000000.0, Midstream Segment: 3676000000.0
FY2016Chemicals Segment: 5000000.0, Consolidation, Eliminations: 12542000000.0, Corporate and Other: 32000000.0, Marketing And Specialties Segment: 64476000000.0, Midstream Segment: 4226000000.0
FY2017Chemicals Segment: 5000000.0, Consolidation, Eliminations: 22486000000.0, Marketing And Specialties Segment: 73565000000.0, Midstream Segment: 6620000000.0
FY2018Chemicals Segment: 5000000.0, Consolidation, Eliminations: 25597000000.0, Marketing And Specialties Segment: 73414000000.0, Midstream Segment: 8293000000.0
FY2019Chemicals Segment: 3000000.0, Consolidation, Eliminations: 22290000000.0, Marketing And Specialties Segment: 73616000000.0, Midstream Segment: 7103000000.0
FY2020Crude Oil: 9114000000.0, Marketing And Specialties Segment: -1272000000.0, Natural Gas Liquids: 4084000000.0, Other Product Line: 1163000000.0, Refined products: 49768000000.0
FY2021Crude Oil: 12801000000.0, Marketing And Specialties Segment: 2000000000.0, Natural Gas Liquids: 9074000000.0, Other Product Line: 581000000.0, Refined products: 89020000000.0
FY2022Crude Oil: 20574000000.0, Midstream Segment: 2932000000.0, Natural Gas Liquids: 16174000000.0, Other Product Line: 1444000000.0, Refined products: 131798000000.0
FY2023Crude Oil: 20824000000.0, Midstream Segment: -2825000000.0, Natural Gas Liquids: 14467000000.0, Other Product Line: 3464000000.0, Refined products: 108644000000.0
FY2024Chemicals Segment: 863000000.0, Consolidation, Eliminations: -58666000000.0, Corporate and Other: 236000000.0, Marketing And Specialties Segment: 92831000000.0, Midstream Segment: 19652000000.0, Refining Segment: 85009000000.0, Renewable Fuels: 5571000000.0
FY2025Consolidation, Eliminations: 55820000000.0, Crude Oil: 15183000000.0, Natural Gas Liquids: 17066000000.0, Other Product Line: 2768000000.0
Revenue by region
PeriodValue
FY2012GERMANY: 11751000000.0, Other Geographical Areas: 11834000000.0, UNITED KINGDOM: 35361000000.0, UNITED STATES: 120514000000.0
FY2013GERMANY: 9799000000.0, Other Geographical Areas: 24551000000.0, UNITED KINGDOM: 21868000000.0, UNITED STATES: 115378000000.0
FY2014GERMANY: 9424000000.0, Other Geographical Areas: 20944000000.0, UNITED KINGDOM: 20131000000.0, UNITED STATES: 110713000000.0
FY2015GERMANY: 6584000000.0, Other Geographical Areas: 10693000000.0, UNITED KINGDOM: 12120000000.0, UNITED STATES: 69578000000.0
FY2016GERMANY: 6128000000.0, Other Geographical Areas: 8514000000.0, UNITED KINGDOM: 9895000000.0, UNITED STATES: 59742000000.0
FY2017GERMANY: 6692000000.0, Other Geographical Areas: 9352000000.0, UNITED KINGDOM: 10626000000.0, UNITED STATES: 75684000000.0
FY2018GERMANY: 4352000000.0, Other Geographical Areas: 9654000000.0, UNITED KINGDOM: 11054000000.0, UNITED STATES: 86401000000.0
FY2019GERMANY: 4053000000.0, Other Geographical Areas: 9865000000.0, UNITED KINGDOM: 9863000000.0, UNITED STATES: 83512000000.0
FY2020GERMANY: 3034000000.0, Other Geographical Areas: 5353000000.0, UNITED KINGDOM: 7031000000.0, UNITED STATES: 48711000000.0
FY2021GERMANY: 4290000000.0, Other Geographical Areas: 8081000000.0, UNITED KINGDOM: 11132000000.0, UNITED STATES: 87973000000.0
FY2022GERMANY: 6392000000.0, Other Geographical Areas: 9862000000.0, UNITED KINGDOM: 16741000000.0, UNITED STATES: 136995000000.0
FY2023GERMANY: 5547000000.0, Other Geographical Areas: 8424000000.0, UNITED KINGDOM: 14642000000.0, UNITED STATES: 118786000000.0
FY2024GERMANY: 5265000000.0, Other Geographical Areas: 11576000000.0, UNITED KINGDOM: 12713000000.0, UNITED STATES: 113599000000.0
FY2025GERMANY: 4993000000.0, Other Geographical Areas: 9917000000.0, UNITED KINGDOM: 13207000000.0, UNITED STATES: 104259000000.0

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Phillips 66 (PSX) Stock Insights

PSX$273.76+5.23 +1.95%

$109.76B

Market Cap

15.23

P/E

8.69

Forward P/E

63

Score

Price History