Phillips 66 operates as an energy manufacturing and logistics company. More Details
Moderate growth potential second-rate dividend payer.
Share Price & News
How has Phillips 66's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PSX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PSX's weekly volatility (5%) has been stable over the past year.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: PSX underperformed the US Oil and Gas industry which returned 41.7% over the past year.
Return vs Market: PSX underperformed the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Phillips 66's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Phillips 66 undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PSX ($73.43) is trading below our estimate of fair value ($106.83)
Significantly Below Fair Value: PSX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PSX is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: PSX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PSX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PSX is overvalued based on its PB Ratio (1.8x) compared to the US Oil and Gas industry average (1.7x).
How is Phillips 66 forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: PSX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PSX's is expected to become profitable in the next 3 years.
Revenue vs Market: PSX's revenue (2.1% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: PSX's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSX's Return on Equity is forecast to be low in 3 years time (15.8%).
How has Phillips 66 performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PSX is currently unprofitable.
Growing Profit Margin: PSX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PSX is unprofitable, and losses have increased over the past 5 years at a rate of 25.4% per year.
Accelerating Growth: Unable to compare PSX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PSX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-42.2%).
Return on Equity
High ROE: PSX has a negative Return on Equity (-9.41%), as it is currently unprofitable.
How is Phillips 66's financial position?
Financial Position Analysis
Short Term Liabilities: PSX's short term assets ($14.4B) exceed its short term liabilities ($11.4B).
Long Term Liabilities: PSX's short term assets ($14.4B) do not cover its long term liabilities ($23.6B).
Debt to Equity History and Analysis
Debt Level: PSX's debt to equity ratio (73.5%) is considered high.
Reducing Debt: PSX's debt to equity ratio has increased from 37.4% to 73.5% over the past 5 years.
Debt Coverage: PSX's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: Insufficient data to determine if PSX's interest payments on its debt are well covered by EBIT.
What is Phillips 66 current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PSX's dividend (4.9%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: PSX's dividend (4.9%) is in the top 25% of dividend payers in the US market (3.54%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PSX has been paying a dividend for less than 10 years.
Growing Dividend: PSX's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: PSX is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: PSX's dividends in 3 years are forecast to be covered by earnings (55.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Garland (64 yo)
Mr. Greg C. Garland has been the Chairman and Chief Executive Officer at Phillips 66 Partners GP LLC, the General Partner at Phillips 66 Partners LP since March 2013. Mr. Garland has been the Chairman of t...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD24.99M) is above average for companies of similar size in the US market ($USD11.17M).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
Experienced Management: PSX's management team is considered experienced (4.6 years average tenure).
Experienced Board: PSX's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Phillips 66's company bio, employee growth, exchange listings and data sources
- Name: Phillips 66
- Ticker: PSX
- Exchange: NYSE
- Founded: 1875
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: US$32.153b
- Shares outstanding: 437.87m
- Website: https://www.phillips66.com
Number of Employees
- Phillips 66
- 2331 CityWest Boulevard
- United States
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 transpor...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 06:11|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.