DailyIQ
|
Sector:EnergyAll sectors
Last updated 31 minutes ago

PSX·Phillips 66

$.
+. (+.%)
High
$212.39
Open
$210.88
Market Cap
82.94B
52W High
$207.14
Low
$209.38
P. Close
$208.80
P/E
20.12
52W Low
$118.07
Fwd P/E
28.38
DailyIQ Est.
$203.70
Technical Score (1D)
95
BUY
News Sentiment
70
BULLISH
Phillips 66’s latest earnings report shows the company has generated robust cash flow, giving it the bandwidth to continue disciplined capital returns. The firm’s strategy now explicitly targets sustained dividend growth and an active share‑buyback program, reinforcing its long‑term shareholder‑value focus. This shift signals to investors that PSX is prioritizing cash‑generating assets and returning excess capital rather than reinvesting in lower‑yield projects. As a result, the stock may attract income‑seeking investors and could see a modest uptick in demand over the next 1–10 trading days. Traders should monitor the upcoming dividend declaration for any changes in payout ratio or timing, as that will directly affect yield expectations. Watch for the next quarterly buyback announcement, which will indicate how aggressively PSX is deploying cash. Keep an eye on the company’s cash flow statement for any signs of tightening, as that could constrain future capital‑return plans. Finally, be alert to broader market sentiment around energy stocks, as shifts in commodity prices or regulatory developments could influence PSX’s cash‑generation outlook.
Earnings Summary
Phillips 66 is a global downstream energy company that refines crude oil and other feedstocks into gasoline, aviation fuel, and chemicals, while also offering midstream services and renewable fuels. The company operates across the refining, midstream, and chemicals segments, positioning it within the broader oil & gas refining and marketing sector. In the most recent quarter, Q4 2024, Phillips 66 reported an EPS of $‑0.15 versus an estimate of $‑0.22, beating expectations, and generated $33.99 billion in revenue. The following quarter, Q1 2025, saw a negative EPS of $‑0.90 against an estimate of $‑0.72 and a revenue decline to $31.73 billion. However, the company rebounded in Q2 2025 with an EPS of $2.38 versus $1.71 and revenue of $33.52 billion, and continued to outperform analysts in Q3 2025 (EPS $2.52 vs $2.16, revenue $34.98 billion) and Q4 2025 (EPS $2.47 vs $2.19). Q1 2026 delivered a positive EPS of $0.49 against an estimate of $‑0.39, while revenue of $33.00 billion fell slightly below the $33.39 billion estimate. The pattern shows a transition from negative earnings to consistent positive beats in the last four quarters, with revenue growth that has been volatile but generally trending upward after the Q1 2025 dip. Recent news highlights a bullish view from Citigroup, raising its price target to $204 and citing margin expansion potential, while analysts emphasize the sensitivity of Phillips 66 to U.S. crude price swings amid geopolitical tensions; traders are advised to monitor oil futures and supply disruptions for their impact on throughput and margins. Going forward, investors should watch for the Q2 2026 earnings release, the company’s ability to maintain margin expansion amid rising commodity costs, and any regulatory developments affecting midstream operations, as these factors will be key to assessing Phillips 66’s near‑term performance.

EPS

EstBeatMiss
$-2.14$0.55$3.23$5.92$8.60Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$7.36 - -
Q1'26$-0.39$0.49+225.7%
Q4'25$2.19$2.47+13.0%
Q3'25$2.16$2.52+16.8%
Q2'25$1.71$2.38+38.9%
Q1'25$-0.72$-0.90-25.6%

Revenue

EstBeatMiss
$30.1B$33.6B$37.0B$40.4B$43.8BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$42.3B - -
Q1'26$33.4B$33.0B-1.2%
Q4'25$32.4B - -
Q3'25 - $35.0B -
Q2'25 - $33.5B -
Q1'25 - $31.7B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
→

Market Data

PSX Stock Snapshot

PSX is currently trading at $210.97, giving Phillips 66 a market cap of 82.94B and a P/E ratio of 20.1. Today's range spans $209.38–$212.39, with shares opening at $210.88 and moving up $2.17 (1.0%) from the prior close. DailyIQ's technical score sits at 95/100 (BUY) with a news sentiment reading of 70/100.

Over the past year PSX has traded between $118.07 and $207.14 - the current price is +78.7% off the 52-week low and +1.8% from the high. 26 analysts cover the stock with a Buy consensus and a mean 12-month target of $198.44 (range $138.00–$235.00), implying downside of -5.9%.

The combination of bullish technicals and bullish sentiment for Phillips 66 (PSX) is the kind of setup that shows up in systematic screens before the more discretionary investors arrive. Score 95/100 (BUY), price $210.97 (near 52-week highs), sentiment 70/100. The current P/E ratio stands at 20.1. At 82.94B in Energy market cap, this large-cap name has the right size to matter to a wide range of buyers. Annual range: $118.07–$207.14.

The combination of a BUY signal (95/100) and bullish news sentiment (70/100) puts PSX on the screens of active managers who run quality-momentum overlays — a cohort that can build meaningful positions at 82.94B in Energy market cap without immediately moving the stock. At $210.97 (near 52-week highs in the $118.07–$207.14 range), the entry discipline is clean and the potential re-rating if sentiment continues to improve is meaningful.