Phillips 66 Stock Today
PSX Stock | USD 158.84 1.79 1.14% |
Performance14 of 100
| Odds Of DistressLess than 8
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Phillips is trading at 158.84 as of the 24th of April 2024; that is 1.14 percent up since the beginning of the trading day. The stock's open price was 157.05. Phillips has only a 8 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for Phillips 66 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 1st of May 2012 |
Phillips 66 operates as an energy manufacturing and logistics company. The company was founded in 1875 and is headquartered in Houston, Texas. Phillips operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. The company has 424.78 M outstanding shares of which 8.04 M shares are at this time shorted by investors with about 2.48 days to cover. More on Phillips 66
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Phillips Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Phillips' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Phillips or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Phillips' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Phillips' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
Chairman | Gregory Garland | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Name | DAPHNE INTL HLDGS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Oil & Gas Refining & Marketing, Energy, NYSE Composite, Karachi 100, SP 500 Index, Dow Jones Oil, ARCA Oil, Karachi All Share, Dividend Beast, Climate Change, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Refining & Marketing, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Phillips report their recommendations after researching Phillips' financial statements, talking to executives and customers, or listening in on Phillips' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Phillips 66. The Phillips consensus assessment is calculated by taking the average forecast from all of the analysts covering Phillips. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the key indicators related to Phillips' liquidity, profitability, solvency, and operating efficiency, Phillips 66 is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in May. Financial strength of Phillips 66 is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Phillips' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Phillips' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Phillips' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Phillips' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Phillips' financial leverage. It provides some insight into what part of Phillips' total assets is financed by creditors.
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Phillips 66 (PSX) is traded on New York Stock Exchange in USA. It is located in 2331 CityWest Boulevard, Houston, TX, United States, 77042 and employs 14,000 people. Phillips is listed under Oil & Gas Refining & Marketing category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 66.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Phillips's market, we take the total number of its shares issued and multiply it by Phillips's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Phillips 66 runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 424.78 M outstanding shares of which 8.04 M shares are at this time shorted by investors with about 2.48 days to cover.
Phillips 66 has about 6.13 B in cash with 7.03 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.92.
Check Phillips Probability Of Bankruptcy
Ownership AllocationPhillips owns a total of 424.78 Million outstanding shares. The majority of Phillips 66 outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Phillips 66 to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Phillips. Please pay attention to any change in the institutional holdings of Phillips 66 as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Phillips Ownership Details
Phillips Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Phillips jumping above the current price in 90 days from now is about 21.9%. The Phillips 66 probability density function shows the probability of Phillips stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Phillips has a beta of 0.6001 indicating as returns on the market go up, Phillips average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Phillips 66 will be expected to be much smaller as well. Additionally, phillips 66 has an alpha of 0.2777, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Phillips to move above the current price in 90 days from now is about 21.9 (This Phillips 66 probability density function shows the probability of Phillips Stock to fall within a particular range of prices over 90 days) .
Phillips Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Phillips that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Phillips' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Phillips' value.Instituion | Recorded On | Shares | |
Amvescap Plc. | 2023-12-31 | 5.4 M | |
Bank Of America Corp | 2023-12-31 | 5.2 M | |
Fmr Inc | 2023-12-31 | 5.1 M | |
Goldman Sachs Group Inc | 2023-12-31 | 4.7 M | |
Northern Trust Corp | 2023-12-31 | 4.6 M | |
Norges Bank | 2023-12-31 | 4.2 M | |
Legal & General Group Plc | 2023-12-31 | 3.9 M | |
Boston Partners Global Investors, Inc | 2023-12-31 | 3.9 M | |
Dimensional Fund Advisors, Inc. | 2023-12-31 | 3.7 M | |
Vanguard Group Inc | 2023-12-31 | 39.7 M | |
Blackrock Inc | 2023-12-31 | 35 M |
Phillips Historical Income Statement
Phillips 66 Income Statement is one of the three primary financial statements used for reporting Phillips's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Phillips 66 revenue and expense. Phillips Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Phillips' Interest Expense is fairly stable compared to the past year. Gross Profit is likely to rise to about 13.7 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.4 B in 2024. View More FundamentalsPhillips Stock Against Markets
Picking the right benchmark for Phillips stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Phillips stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Phillips is critical whether you are bullish or bearish towards Phillips 66 at a given time. Please also check how Phillips' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Phillips without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Phillips Corporate Directors
Phillips corporate directors refer to members of a Phillips board of directors. The board of directors generally takes responsibility for the Phillips' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Phillips' board members must vote for the resolution. The Phillips board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Marna Whittington | Independent Director | Profile | |
Gary Adams | Independent Director | Profile | |
John Lowe | Independent Director | Profile | |
Denise Ramos | Independent Director | Profile |
How to buy Phillips Stock?
Before investing in Phillips, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Phillips. To buy Phillips stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Phillips. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Phillips stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Phillips 66 stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Phillips 66 stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Phillips 66, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Phillips Stock please use our How to Invest in Phillips guide.
Already Invested in Phillips 66?
The danger of trading Phillips 66 is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Phillips is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Phillips. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Phillips 66 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Phillips 66 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phillips' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phillips 66 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phillips 66 Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phillips 66. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Phillips Stock analysis
When running Phillips' price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.
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Is Phillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phillips. If investors know Phillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 4.2 | Earnings Share 15.49 | Revenue Per Share 327.454 | Quarterly Revenue Growth (0.05) |
The market value of Phillips 66 is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips' value that differs from its market value or its book value, called intrinsic value, which is Phillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phillips' market value can be influenced by many factors that don't directly affect Phillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.