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Phillips 66 Stock Research

PSX

101.38USD+1.39(+1.39%)Delayed

Market Summary

USD101.38+1.39
Delayed
1.39%

PSX Alerts

PSX Stock Price

PSX RSI Chart

PSX Valuation

Market Cap

48.8B

Price/Earnings (Trailing)

4.43

Price/Sales (Trailing)

0.28

Price/Free Cashflow

4.51

PSX Price/Sales (Trailing)

PSX Profitability

Return on Equity

37.38%

Return on Assets

14.42%

Free Cashflow Yield

22.16%

PSX Fundamentals

PSX Revenue

Revenue (TTM)

175.7B

Revenue Y/Y

21.86%

Revenue Q/Q

-16.11%

PSX Earnings

Earnings (TTM)

11.0B

Earnings Y/Y

48%

Earnings Q/Q

-65.05%

Price Action

52 Week Range

73.37112.85
(Low)(High)

Last 7 days

8.2%

Last 30 days

-5.5%

Last 90 days

-2.6%

Trailing 12 Months

20.9%

PSX Financial Health

Current Ratio

1.38

Debt/Equity

0.56

Debt/Cashflow

0.65

PSX Investor Care

Dividend Yield

3.78%

Dividend/Share (TTM)

3.83

Shares Dilution (1Y)

9.36%

Diluted EPS (TTM)

23.27

Peers (Alternatives to Phillips 66)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
447.6B
413.7B
-1.11% 37.58%
8.03
1.08
44.83% 141.93%
315.3B
246.3B
0.68% 3.64%
8.89
1.28
51.57% 126.98%
125.6B
82.2B
-6.63% 3.76%
6.72
1.53
69.92% 131.22%
66.2B
180.0B
4.37% 60.62%
4.56
0.37
48.81% 49.07%
48.8B
175.7B
-5.46% 20.91%
4.43
0.28
52.98% 737.05%
14.4B
11.9B
-9.01% -11.66%
4.67
1.31
50.58% 232.96%
MID-CAP
5.7B
4.2B
-7.73% -6.78%
5.96
1.36
50.65% 1409.36%
5.3B
46.8B
-7.61% 78.71%
1.84
0.11
71.83% 1145.37%
3.3B
10.9B
-0.50% 59.90%
7.12
0.3
50.46% 1752.00%
3.1B
-
0.65% -11.32%
16.6
0.85
- -
2.1B
3.2B
-15.94% -43.40%
1.7
0.64
60.18% 231.32%
SMALL-CAP
1.8B
3.7B
-12.28% -0.06%
-14.44
0.5
29.56% -92.78%
1.4B
4.7B
-11.37% 27.70%
-8.36
0.29
48.88% 36.52%
365.2M
3.0M
-16.30% -67.09%
-3.73
120.03
327.99% -65.54%

Financials for Phillips 66

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.4%175,702168,363151,071129,647114,852
  S&GA Expenses7.5%2,1682,0171,8241,7691,744
EBITDA--3,179----
EBITDA Margin--0.03*----
EBT Margin--0.04*----
Interest Expenses-549----
Net Income5.9%11,02410,4135,4242,5531,317
Net Income Margin1.4%0.06*0.06*0.04*0.02*-
Free Cahsflow37.5%10,8137,8636,9226,882-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-1.2%76,44277,33962,81260,63855,594
  Current Assets-5.8%21,92223,27022,49219,85414,697
    Cash Equivalents63.8%6,1333,7442,8093,3353,147
  Inventory-23.7%3,2764,2944,5804,5303,394
  Goodwill0%1,4861,4861,4861,4841,484
Liabilities-3.8%42,33644,03038,23938,51733,957
  Current Liabilities-11.1%15,88917,88217,60817,60312,801
  Long Term Debt0.2%16,66116,62512,44312,96012,959
Shareholder's Equity4.5%29,49428,23324,57322,12119,166
  Retained Earnings5.9%25,43224,00819,08716,39116,216
  Additional Paid-In Capital0.3%19,79119,73819,71719,66720,504
Shares Outstanding-0.4%481483449--
Minority Interest-9.1%4,6125,0762973062,471
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations37.5%10,8137,8636,9226,8826,017
  Share Based Compensation-144----
Cashflow From Investing17.9%-1,488-1,813-1,772-1,833-1,872
Cashflow From Financing-24.7%-6,388-5,124-4,472-3,037-3,470
  Dividend Payments3.0%1,7931,7401,6681,5951,585
  Buy Backs9.0%1,5131,3880.000.00-

Risks for PSX

What is the probability of a big loss on PSX?

81.9%


Probability that Phillips 66 stock will be more than 20% underwater in next one year

40.8%


Probability that Phillips 66 stock will be more than 30% underwater in next one year.

25%


Probability that Phillips 66 stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PSX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Phillips 66 was unfortunately bought at previous high price.

Drawdowns

Returns for PSX

Cumulative Returns on PSX

7.8%


10-Year Cumulative Returns

6.3%


7-Year Cumulative Returns

5.2%


5-Year Cumulative Returns

29.1%


3-Year Cumulative Returns

What are the long-term rolling returns for PSX?

FIve years rolling returns for Phillips 66.

Annualized Returns

Which funds bought or sold PSX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-27
Neo Ivy Capital Management
added
63.03
120,000
229,000
0.16%
2023-03-23
MetLife Investment Management, LLC
reduced
-3.33
2,539,830
12,846,800
0.10%
2023-03-22
Campion Asset Management
reduced
-3.13
112,218
564,218
0.55%
2023-03-17
American Portfolios Advisors
reduced
-2.21
-20,963
542,353
0.02%
2023-03-15
B. Riley Wealth Advisors, Inc.
added
8.39
1,018,670
3,582,670
0.10%
2023-03-10
MATHER GROUP, LLC.
reduced
-8.78
307,718
2,054,720
0.04%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-5.1
10,020,600
54,822,600
0.06%
2023-03-06
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
unchanged
-
170,825
760,825
0.29%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
new
-
282,577
282,577
0.02%
2023-03-06
Rockefeller Capital Management L.P.
added
1.92
7,584,000
31,735,000
0.16%

1–10 of 48

Latest Funds Activity

Are funds buying PSX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PSX
No. of Funds

Phillips 66 News

Nasdaq

Should You Invest in the SPDR S&P Oil & Gas Exploration ....

Nasdaq,
33 hours ago

Investing.com UK

StreetInsider.com

Barchart

Schedule 13G FIlings of Phillips 66

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
10.62%
50,216,131
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
37,326,049
SC 13G/A
Feb 03, 2023
state street corp
6.92%
32,689,120
SC 13G/A
Mar 09, 2022
vanguard group inc
10.19%
44,677,746
SC 13G/A
Feb 11, 2022
state street corp
6.76%
29,629,712
SC 13G/A
Feb 09, 2022
vanguard group inc
9.90%
43,385,615
SC 13G/A
Feb 07, 2022
blackrock inc.
7.2%
31,574,587
SC 13G/A
Feb 10, 2021
vanguard group inc
9.79%
42,759,263
SC 13G/A
Feb 09, 2021
state street corp
6.12%
26,710,734
SC 13G
Jan 29, 2021
blackrock inc.
7.5%
32,908,454
SC 13G/A

PSX Fair Value

Phillips 66 fair value in different scenarios

The table shows the Fair Value estimates for Phillips 66 for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

90.00

-11.23%

138.69

36.80%

191.82

89.21%

322.34

217.95%

528.33

421.14%
Current Inflation

226.94

123.85%

354.09

249.27%

525.82

418.66%

636.99

528.32%

703.72

594.14%
Very High Inflation

78.62

-22.45%

111.67

10.15%

149.07

47.04%

239.57

136.31%

383.72

278.50%

Historical Phillips 66 Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Phillips 66

View All Filings
Date Filed Form Type Document
Mar 30, 2023
DEF 14A
DEF 14A
Mar 30, 2023
DEFA14A
DEFA14A
Mar 30, 2023
S-4/A
Mergers and Acquisition
Mar 29, 2023
8-K
Current Report
Mar 28, 2023
424B2
Prospectus Filed
Mar 28, 2023
FWP
Prospectus Filed
Mar 27, 2023
424B3
Prospectus Filed
Mar 15, 2023
PRE 14A
PRE 14A
Mar 03, 2023
4
Insider Trading
Feb 22, 2023
S-4
Mergers and Acquisition

Latest Insider Trading transactions for PSX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-01
HAYES GREGORY
acquired
-
-
108
-
2023-02-07
Mitchell Kevin J
acquired
-
-
12,113
exec. vp and cfo
2023-02-07
Roberts Timothy D.
acquired
-
-
10,110
executive vice president
2023-02-07
Harbison Richard G
acquired
-
-
6,506
senior vp, refining
2023-02-07
Mandell Brian
acquired
-
-
8,818
executive vice president
2023-02-07
Golodryga Zhanna
acquired
-
-
5,367
executive vice president
2023-02-07
Garland Greg C.
acquired
-
-
18,669
executive chairman
2023-02-07
Pruitt Joseph Scott
acquired
-
-
2,365
vice president and controller
2023-02-07
Sutherland Vanessa Allen
acquired
-
-
6,571
evp, gc and secretary
2023-02-07
Lashier Mark E
acquired
-
-
29,870
president and ceo

1–10 of 50

Greg C. Garland
14000
Phillips 66 operates as an energy manufacturing and logistics company. 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 fuels at 12 refineries in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels primarily in the United States and Europe. This segment also manufactures and markets specialty products, such as base oils and lubricants. The company was founded in 1875 and is headquartered in Houston, Texas.

PSX Income Statement

2022-12-31
Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues and Other Income   
Sales and other operating revenues$ 169,990$ 111,476$ 64,129
Equity in earnings of affiliates2,9682,9041,191
Net gain on dispositions718108
Other income2,73745466
Total Revenues and Other Income175,702114,85265,494
Costs and Expenses   
Purchased crude oil and products149,932102,10257,707
Operating expenses6,1115,1474,563
Selling, general and administrative expenses2,1681,7441,544
Depreciation and amortization1,6291,6051,395
Impairments601,4984,252
Taxes other than income taxes530410464
Accretion on discounted liabilities232422
Interest and debt expense619581499
Foreign currency transaction (gains) losses(9)112
Total Costs and Expenses161,063113,11270,458
Income (loss) before income taxes14,6391,740(4,964)
Income tax expense (benefit)3,248146(1,250)
Net Income (Loss)11,3911,594(3,714)
Less: net income attributable to noncontrolling interests367277261
Net Income (Loss) Attributable to Phillips 66$ 11,024$ 1,317$ (3,975)
Net Income (Loss) Attributable to Phillips 66 Per Share of Common Stock (dollars)   
Basic (in dollars per share)$ 23.36$ 2.97$ (9.06)
Diluted (in dollars per share)$ 23.27$ 2.97$ (9.06)
Weighted-Average Common Shares Outstanding (thousands)   
Basic (in shares)471,497440,028439,530
Diluted (in shares)473,731440,364439,530

PSX Balance Sheet

2022-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 6,133$ 3,147
Accounts and notes receivable (net of allowances of $67 million in 2022 and $44 million in 2021)9,4976,138
Accounts and notes receivable—related parties1,4881,332
Inventories3,2763,394
Prepaid expenses and other current assets1,528686
Total Current Assets21,92214,697
Investments and long-term receivables14,95014,471
Net properties, plants and equipment35,16322,435
Goodwill1,4861,484
Intangibles831813
Other assets2,0901,694
Total Assets76,44255,594
Liabilities  
Accounts payable10,7487,629
Accounts payable—related parties575832
Short-term debt5291,489
Accrued income and other taxes1,3971,254
Employee benefit obligations764638
Other accruals1,876959
Total Current Liabilities15,88912,801
Long-term debt16,66112,959
Asset retirement obligations and accrued environmental costs879727
Deferred income taxes6,6715,475
Employee benefit obligations9371,055
Other liabilities and deferred credits1,299940
Total Liabilities42,33633,957
Equity  
Common stock (2,500,000,000 shares authorized at $0.01 par value) Issued (2022—651,844,773 shares; 2019—650,026,318 shares) Par value77
Capital in excess of par19,79120,504
Treasury stock (at cost: 2022—186,529,667 shares; 2021—211,771,827 shares)(15,276)(17,116)
Retained earnings25,43216,216
Accumulated other comprehensive loss(460)(445)
Total Stockholders’ Equity29,49419,166
Noncontrolling interests4,6122,471
Total Equity34,10621,637
Total Liabilities and Equity$ 76,442$ 55,594