Phillips 66 Future Growth
Future criteria checks 0/6
Phillips 66's revenue and earnings are forecast to decline at 5.7% and 0.8% per annum respectively. EPS is expected to grow by 3.8% per annum. Return on equity is forecast to be 17.8% in 3 years.
Key information
-0.8%
Earnings growth rate
3.8%
EPS growth rate
| Oil and Gas earnings growth | 2.0% |
| Revenue growth rate | -5.7% |
| Future return on equity | 17.8% |
| Analyst coverage | Good |
| Last updated | 26 Apr 2024 |
Recent future growth updates
Recent updates
Lacklustre Performance Is Driving Phillips 66's (NYSE:PSX) Low P/E
Apr 15
Phillips 66: Despite A Dividend Hike, Upside May Be Limited (Rating Downgrade)
Apr 04Phillips 66 (NYSE:PSX) Hasn't Managed To Accelerate Its Returns
Mar 30Phillips 66 Still Has Fuel To Move Higher
Mar 06The Turnaround Star - Why I See Over 40% Upside For Phillips 66
Feb 12Phillips 66 (NYSE:PSX) Will Pay A Dividend Of $1.05
Feb 11Phillips 66: Analyzing Activist Elliot Management's $200 Price Target
Jan 24A Look At The Intrinsic Value Of Phillips 66 (NYSE:PSX)
Jan 17Phillips 66 Has A Lot More In Store For 2024
Jan 10Phillips 66's (NYSE:PSX) Shares Lagging The Market But So Is The Business
Jan 03Phillips 66's Portfolio Strength Will Continue
Dec 25Phillips 66 (NYSE:PSX) Seems To Use Debt Quite Sensibly
Dec 2160% Gains Plus Dividends With Phillips 66 If Elliott Is Right
Dec 053.6% Yield And Undervalued - Phillips 66 Is A Top-Tier Income Play
Nov 20Phillips 66's (NYSE:PSX) Returns On Capital Are Heading Higher
Nov 09Phillips 66: A Diversified Way To Benefit From A Strong Refining Environment
Nov 04Phillips 66 Benefiting From Historically High Distillate Yields
Oct 19Does Phillips 66 (NYSE:PSX) Deserve A Spot On Your Watchlist?
Oct 15Phillips 66: Crack Spread Decline Lowers EPS Estimate By Over Two-Thirds (Rating Downgrade)
Oct 04Calculating The Intrinsic Value Of Phillips 66 (NYSE:PSX)
Oct 03Phillips 66: As Good As It Gets
Sep 28Is Phillips 66 (NYSE:PSX) Using Too Much Debt?
Sep 20Phillips 66 Vs. Valero Energy: One Is A Buy, And One Is Not
Sep 04Phillips 66 - What To Make Of Its 4% Yield
Aug 25Investors Will Want Phillips 66's (NYSE:PSX) Growth In ROCE To Persist
Aug 09Phillips 66: Maintain Buy Recommendation Following Solid Q2 Results
Aug 08Phillips 66: Q2 Results To Show, Once Again, Weak Chemicals Margin
Jul 24Phillips 66: Refineries Have Established Their Strength
Jul 17With EPS Growth And More, Phillips 66 (NYSE:PSX) Makes An Interesting Case
Jul 04Calculating The Intrinsic Value Of Phillips 66 (NYSE:PSX)
Jun 22Is Phillips 66 (NYSE:PSX) Using Too Much Debt?
Jun 10Phillips 66: Impressive Fundamentals Provide For Long-Term Value
Jun 06Phillips 66: Harvesting Juicy Energy Dividends
May 30Phillips 66 (NYSE:PSX) Is Looking To Continue Growing Its Returns On Capital
May 05We Ran A Stock Scan For Earnings Growth And Phillips 66 (NYSE:PSX) Passed With Ease
Mar 27Estimating The Intrinsic Value Of Phillips 66 (NYSE:PSX)
Mar 13Phillips 66 Could Fuel Greater Portfolio Returns
Feb 23Phillips 66 (NYSE:PSX) Will Pay A Larger Dividend Than Last Year At $1.05
Feb 12Phillips 66: Buy The Drop And Secure A 3.9% Dividend Yield
Feb 06Phillips 66 Q4 2022 Earnings Preview
Jan 30Returns Are Gaining Momentum At Phillips 66 (NYSE:PSX)
Jan 28We Think Phillips 66 (NYSE:PSX) Can Stay On Top Of Its Debt
Jan 10Phillips 66 plans to return $10B -$12B to shareholders by 2024 end
Nov 09Phillips 66 Non-GAAP EPS of $6.46 beats by $1.43
Nov 01Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 131,690 | 5,666 | 5,587 | 7,195 | 5 |
| 12/31/2025 | 135,150 | 5,501 | 5,642 | 7,520 | 8 |
| 12/31/2024 | 139,396 | 4,787 | 5,671 | 7,665 | 8 |
| 3/31/2024 | 148,746 | 5,791 | 2,926 | 5,594 | N/A |
| 12/31/2023 | 147,399 | 7,004 | 4,611 | 7,029 | N/A |
| 9/30/2023 | 149,408 | 7,629 | 7,092 | 9,589 | N/A |
| 6/30/2023 | 154,720 | 10,922 | 7,671 | 10,048 | N/A |
| 3/31/2023 | 168,207 | 12,392 | 8,674 | 10,876 | N/A |
| 12/31/2022 | 169,990 | 11,014 | 8,619 | 10,813 | N/A |
| 9/30/2022 | 162,315 | 10,403 | 5,785 | 7,863 | N/A |
| 6/30/2022 | 147,603 | 5,416 | 5,027 | 6,922 | N/A |
| 3/31/2022 | 126,028 | 2,543 | 4,983 | 6,882 | N/A |
| 12/31/2021 | 111,476 | 1,306 | 4,157 | 6,017 | N/A |
| 9/30/2021 | 95,242 | -506 | 3,087 | 4,856 | N/A |
| 6/30/2021 | 80,948 | -1,708 | 1,375 | 3,144 | N/A |
| 3/31/2021 | 64,881 | -2,142 | -163 | 2,165 | N/A |
| 12/31/2020 | 64,129 | -3,983 | -809 | 2,111 | N/A |
| 9/30/2020 | 76,863 | -2,707 | -526 | 3,166 | N/A |
| 6/30/2020 | 88,148 | -1,196 | 330 | 4,337 | N/A |
| 3/31/2020 | 105,083 | 369 | 1,804 | 5,503 | N/A |
| 12/31/2019 | 107,293 | 3,070 | 935 | 4,808 | N/A |
| 9/30/2019 | 107,330 | 4,573 | 3,664 | 7,253 | N/A |
| 6/30/2019 | 109,884 | 5,354 | 2,672 | 6,173 | N/A |
| 3/31/2019 | 110,994 | 5,270 | 3,199 | 6,607 | N/A |
| 12/31/2018 | 111,492 | 5,589 | 4,934 | 7,573 | N/A |
| 9/30/2018 | 108,719 | 6,547 | 3,183 | 5,365 | N/A |
| 6/30/2018 | 101,182 | 5,878 | 3,414 | 5,184 | N/A |
| 3/31/2018 | 93,037 | 5,088 | 2,995 | 4,685 | N/A |
| 12/31/2017 | 89,300 | 5,100 | N/A | 3,648 | N/A |
| 9/30/2017 | 83,177 | 2,066 | N/A | 2,384 | N/A |
| 6/30/2017 | 79,209 | 1,753 | N/A | 2,866 | N/A |
| 3/31/2017 | 76,725 | 1,699 | N/A | 2,156 | N/A |
| 12/31/2016 | 70,898 | 1,549 | N/A | 2,963 | N/A |
| 9/30/2016 | 69,143 | 2,036 | N/A | 3,793 | N/A |
| 6/30/2016 | 73,139 | 3,103 | N/A | 4,347 | N/A |
| 3/31/2016 | 79,837 | 3,620 | N/A | 4,619 | N/A |
| 12/31/2015 | 85,228 | 4,221 | N/A | 5,713 | N/A |
| 9/30/2015 | 98,055 | 4,717 | N/A | 5,088 | N/A |
| 6/30/2015 | 112,412 | 4,319 | N/A | 4,080 | N/A |
| 3/31/2015 | 129,169 | 4,169 | N/A | 3,483 | N/A |
| 12/31/2014 | 146,514 | 4,049 | N/A | 3,529 | N/A |
| 9/30/2014 | 154,640 | 3,711 | N/A | 3,554 | N/A |
| 6/30/2014 | 158,599 | 3,052 | N/A | 5,074 | N/A |
| 3/31/2014 | 156,580 | 3,134 | N/A | 5,212 | N/A |
| 12/31/2013 | 157,730 | 3,660 | N/A | 6,027 | N/A |
| 9/30/2013 | 158,819 | 3,512 | N/A | 6,435 | N/A |
| 6/30/2013 | 157,861 | 4,591 | N/A | 6,404 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSX's earnings are forecast to decline over the next 3 years (-0.8% per year).
Earnings vs Market: PSX's earnings are forecast to decline over the next 3 years (-0.8% per year).
High Growth Earnings: PSX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PSX's revenue is expected to decline over the next 3 years (-5.7% per year).
High Growth Revenue: PSX's revenue is forecast to decline over the next 3 years (-5.7% 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 (17.8%).