Phillips 66

Phillips 66

PSX · NYSE · Energy / Oil & Gas Refining & Marketing

264.90USD+1.99 (+0.76%)

Price History

Full chart

Market Stats

Previous Close262.91
Open266.10
Day Range257.35 – 266.53
52-Week Range124.55 – 299.39
Volume3.01M
Market Cap95.85B
P/E (TTM)7.88
Forward P/E9.33
EPS31.18
Dividend Yield2.15%
Beta0.67
50-Day Avg268.04
200-Day Avg201.39

About

Phillips 66 operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally. It operates through five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels. The Midstream segment provides crude oil and refined petroleum product transportation, terminaling, and storage services, as well as natural gas and natural gas liquids (NGL) gathering, processing, transportation, fractionation, storage and marketing services. It also exports liquefied petroleum gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining; and petrochemicals and plastics. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines and distillates, including aviation fuels. The M&S segment purchases for resale and markets refined products, including gasolines, distillates, and aviation fuels. This segment also manufactures and markets specialty products, such as automotive, commercial, industrial, and specialty lubricants, as well as base oils. The Renewable Fuels segment processes renewable feedstocks into renewable products, as well as supplies sustainable aviation fuel. This segment also procures renewable feedstocks, manages certain regulatory credits, and markets renewable diesel, renewable jet fuel, and other renewable fuels. The company markets its products under the Phillips 66, Conoco and 76, JET, Kendall, Red Line, and other private label brands. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Refining & Marketing
  • CEODr. Mark E. Lashier
  • Employees12.60K
  • Headquarters2331 CityWest Boulevard, Houston, TX, United States, 77042, USA
  • Websitehttps://www.phillips66.com

Leadership

  • Dr. Mark E. LashierCEO & Chairman · b. 1962
  • Mr. Kevin J. MitchellExecutive VP & CFO · b. 1966
  • Ms. Vanessa L. Allen SutherlandExecutive VP of Government Affairs, General Counsel & Corporate Secretary · b. 1972
  • Mr. Brian M. MandellExecutive Vice President of Marketing & Commercial · b. 1964
  • Mr. Richard G. HarbisonExecutive Vice President of Refining · b. 1965
  • Ms. Tandra C. PerkinsExecutive VP and Chief Digital & Administrative Officer · b. 1972
  • Mr. Sean M. MaherVP of Investor Relations & Chief Economist · b. 1973
  • Mr. Andrez CarberryExecutive VP & Chief Human Resources Officer
  • Mr. Donald A. BaldridgeExecutive Vice President of Midstream & Chemicals · b. 1970

Financials

Income Statement

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue112.69B146.82B196.70B166.09B157.71B145.86B85.03B71.35B89.55B111.27B107.44B63.69B111.94B170.12B147.26B143.12B132.19B
Growth (%)-+30.28%+33.97%-15.56%-5.04%-7.52%-41.70%-16.09%+25.51%+24.26%-3.44%-40.72%+75.76%+51.97%-13.44%-2.81%-7.64%
Cost of Revenue98.13B130.31B177.98B159.49B153.52B141.34B78.91B67.87B85.43B104.13B102.13B63.51B108.56B157.35B135.98B138.25B125.70B
Gross Profit14.56B16.51B18.72B6.60B4.20B4.52B6.12B3.48B4.12B7.14B5.32B180.00M3.38B12.77B11.29B4.86B6.49B
Gross Margin12.92%11.24%9.52%3.97%2.66%3.10%7.20%4.88%4.60%6.42%4.95%0.28%3.02%7.51%7.66%3.40%4.91%
Operating Expense14.96B15.39B16.88B2.09B1.73B2.00B1.97B1.95B2.10B2.10B2.09B2.01B2.15B2.70B3.02B2.54B2.97B
Operating Income-398.00M1.11B1.83B4.51B2.46B2.51B4.15B1.53B2.01B5.04B3.23B-1.83B1.23B10.07B8.27B2.32B3.52B
Operating Margin-0.35%0.76%0.93%2.71%1.56%1.72%4.88%2.15%2.25%4.53%3.00%-2.87%1.09%5.92%5.61%1.62%2.66%
EBITDA1.73B2.05B7.55B7.82B6.77B7.03B7.45B3.72B5.33B9.33B6.00B-3.05B3.95B16.91B12.37B5.99B9.71B
EBITDA Margin1.53%1.40%3.84%4.71%4.29%4.82%8.76%5.21%5.96%8.38%5.58%-4.79%3.53%9.94%8.40%4.18%7.35%
Net Income476.00M735.00M4.78B4.12B3.73B4.76B4.23B1.55B5.11B5.59B3.08B-3.98B1.31B11.02B7.00B2.12B4.40B
Net Income Margin0.42%0.50%2.43%2.48%2.36%3.26%4.97%2.18%5.70%5.03%2.86%-6.25%1.17%6.48%4.76%1.48%3.33%
R&D36.00M56.00M74.00M76.00M69.00M62.00M65.00M60.00M60.00M55.00M54.00M48.00M47.00M42.00M27.00M15.00M6.00M
R&D as % of Total Revenue0.03%0.04%0.04%0.05%0.04%0.04%0.08%0.08%0.07%0.05%0.05%0.08%0.04%0.02%0.02%0.01%0.00%
Interest Expense1.00M1.00M17.00M246.00M275.00M267.00M310.00M338.00M438.00M504.00M458.00M499.00M581.00M619.00M897.00M907.00M1.04B
Interest Expense % of Total Revenue0.00%0.00%0.01%0.15%0.17%0.18%0.36%0.47%0.49%0.45%0.43%0.78%0.52%0.36%0.61%0.63%0.79%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets42.88B44.95B43.21B48.07B49.80B48.74B48.58B51.65B54.37B54.30B58.72B54.72B55.59B76.44B75.50B72.58B73.68B
Total Liabilities15.94B18.93B19.92B27.27B27.41B26.70B24.64B27.93B26.94B27.15B31.55B33.20B33.96B42.34B43.85B44.12B43.44B
Total Equity26.92B26.00B23.26B20.77B21.95B21.59B23.10B22.39B25.09B24.65B24.91B18.98B19.17B29.49B30.58B27.41B29.09B
Cash0--3.47B5.40B5.21B3.07B2.71B3.12B3.02B1.61B2.51B3.15B6.13B3.32B1.74B1.12B
Total Debt428.00M417.00M391.00M6.97B6.16B8.68B8.89B10.14B10.11B11.16B12.04B16.16B14.74B17.19B19.36B20.06B22.88B
Net Debt428.00M417.00M391.00M3.50B755.00M3.48B5.81B7.43B6.99B8.14B10.43B13.64B11.59B11.06B16.04B18.32B21.77B

Cash Flow

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow946.00M2.09B5.01B4.30B6.03B3.53B5.71B2.96B3.65B7.57B4.81B2.11B6.02B10.81B7.03B4.19B4.96B
Investing Cash Flow-1.97B-652.00M2.49B-1.53B-444.00M-2.30B-5.74B-3.16B-1.46B-2.47B-3.69B-3.08B-1.87B-1.49B-5.86B-2.46B-1.97B
Financing Cash Flow1.03B-1.44B-7.50B699.00M-3.68B-1.36B-2.12B-178.00M-2.11B-5.17B-2.51B1.79B-3.47B-6.39B-4.03B-3.31B-3.67B
Capital Expenditure2.46B1.15B1.02B1.72B1.78B3.77B5.76B2.84B1.83B2.64B3.87B2.92B1.86B2.19B2.42B1.86B2.23B
Free Cash Flow-1.51B942.00M3.98B2.58B4.25B-244.00M-51.00M119.00M1.82B4.93B935.00M-809.00M4.16B8.62B4.61B2.33B2.73B
Dividends Paid-1.41B7.47B5.54B807.00M1.06B1.17B1.28B1.40B1.44B1.57B1.57B1.58B1.79B1.88B1.88B1.92B
FCF to OCF-160.15%45.03%79.58%59.94%70.48%-6.91%-0.89%4.02%49.78%65.15%19.45%-38.32%69.09%79.71%65.60%55.64%55.00%
Dividend Paid to FCF-149.79%187.53%215.03%19.00%-435.25%-2298.04%1077.31%76.82%29.10%167.91%-194.68%38.13%20.80%40.82%80.70%70.43%

Earnings

Report DateMay 16, 2012Aug 1, 2012Oct 31, 2012Jan 30, 2013May 1, 2013Jul 31, 2013Oct 30, 2013Jan 29, 2014Apr 30, 2014Jul 30, 2014Oct 29, 2014Jan 29, 2015Apr 30, 2015Jul 31, 2015Oct 30, 2015Jan 29, 2016Apr 29, 2016Jul 29, 2016Oct 28, 2016Feb 3, 2017Apr 28, 2017Aug 1, 2017Oct 27, 2017Feb 2, 2018Apr 27, 2018Jul 27, 2018Oct 26, 2018Feb 8, 2019Apr 30, 2019Jul 26, 2019Oct 25, 2019Jan 31, 2020May 1, 2020Jul 31, 2020Oct 30, 2020Jan 29, 2021Apr 30, 2021Aug 3, 2021Oct 29, 2021Jan 28, 2022Apr 29, 2022Jul 29, 2022Nov 1, 2022Jan 31, 2023May 3, 2023Aug 2, 2023Oct 27, 2023Jan 31, 2024Apr 26, 2024Jul 30, 2024Oct 29, 2024Jan 31, 2025Apr 25, 2025Jul 25, 2025Oct 29, 2025Feb 4, 2026Apr 29, 2026Aug 5, 2026Oct 28, 2026
EPS Estimate1.021.752.341.671.881.830.921.101.351.691.751.381.421.812.241.260.870.930.880.390.061.011.540.860.912.242.472.890.342.722.601.640.63-0.84-0.75-1.00-1.400.601.921.931.215.855.044.353.563.564.732.382.251.981.66-0.22-0.721.712.162.15-0.397.6811.97
EPS Actual1.042.232.972.062.191.500.871.341.471.512.021.631.511.833.021.310.670.941.050.160.561.091.661.071.042.803.104.870.403.023.111.541.02-0.74-0.01-1.16-1.160.743.182.941.326.776.464.004.213.874.633.091.902.312.04-0.15-0.902.382.522.470.499.4114.08
Surprise1.96%27.43%26.92%23.35%16.49%-18.03%-5.43%21.82%8.89%-10.65%15.43%18.12%6.34%1.10%34.82%3.97%-22.99%1.08%19.32%-58.97%833.33%7.92%7.79%24.42%14.29%25.00%25.51%68.51%17.65%11.03%19.62%-6.10%61.90%11.90%98.67%-16.00%17.14%23.33%65.63%52.33%9.09%15.73%28.17%-8.05%18.26%8.71%-2.11%29.83%-15.56%16.67%22.89%31.82%-25.00%39.18%16.67%14.88%225.64%22.53%17.63%
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Key Statistics & Ratios

Market Cap95.85B
Enterprise Value109.05B
Trailing P/E7.88
Forward P/E9.33
PEG Ratio0.79
Price / Sales0.57
Price / Book2.81
EPS31.18
Book Value88.01
Revenue (TTM)168.19B
Gross Profit (TTM)25.36B
EBITDA15.38B
Profit Margin7.48%
Operating Margin13.17%
Return on Equity39.84%
Return on Assets10.64%
Shares Outstanding390.07M
Shares Float389.16M
Beta0.67
Dividend Yield2.15%
Dividend Rate5.32
Payout Ratio19.43%

Analyst Ratings

Buy
Based on 20 analystsTarget 292.37
  • Strong Buy
    8
  • Buy
    3
  • Hold
    8
  • Sell
    1

Ownership Breakdown

Institutions
81.92%
Insiders
0.22%
Retail / Other
17.86%

Top Institutional Holders

  • BlackRock Inc
    34.11M8.75%
  • Vanguard Capital Management, LLC
    26.18M6.71%
  • State Street Corp
    26.04M6.68%
  • Vanguard Portfolio Management, LLC
    22.21M5.69%
  • Elliott Investment Management LP
    19.25M4.94%
  • Wells Fargo & Co
    12.48M3.20%
  • Geode Capital Management, LLC
    11.12M2.85%
  • Morgan Stanley - Brokerage Accounts
    7.21M1.85%
  • Bank of New York Mellon Corp
    6.47M1.66%
  • The Goldman Sachs Group Inc
    5.61M1.44%
  • AQR Capital Management LLC
    4.49M1.15%
  • NORGES BANK
    4.16M1.07%
  • Charles Schwab Investment Management Inc
    4.09M1.05%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    12.66M3.25%
  • Vanguard 500 Index Investor
    10.48M2.69%
  • Vanguard MStar Mid Cap Index Instl
    8.54M2.19%
  • State Street®EngySelSectSPDR®ETF
    7.38M1.89%
  • iShares Core S&P 500 ETF
    5.31M1.36%
  • Fidelity 500 Index
    5.20M1.33%
  • State Street® SPDR® S&P 500® ETF
    4.87M1.25%

Dividends

20263×
1.27Aug 18, 20261.27May 18, 20261.27Feb 23, 2026
20254×
1.20Nov 17, 20251.20Aug 19, 20251.20May 19, 20251.15Feb 24, 2025
20244×
1.15Nov 18, 20241.15Aug 20, 20241.15May 17, 20241.05Feb 16, 2024
20234×
1.05Nov 16, 20231.05Aug 17, 20231.05May 19, 20231.05Feb 17, 2023
20224×
0.97Nov 16, 20220.97Aug 17, 20220.97May 20, 20220.92Feb 18, 2022
20214×
0.92Nov 16, 20210.90Aug 17, 20210.90May 21, 20210.90Feb 19, 2021
20201×
0.90Nov 16, 2020