-2.35%
3.57%
-3.14%
-18.89%
-18.24%
39.16%
29.14%
AI Spotlight on PSX
Company Description
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 transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.
The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining.The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable fuels at 12 refineries in the United States and Europe.The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels primarily in the United States and Europe.
This segment also manufactures and markets specialty products, such as base oils and lubricants.The company was founded in 1875 and is headquartered in Houston, Texas.
Market Data
| Last Price | 118.0 |
| Change Percentage | -2.35% |
| Open | 119.96 |
| Previous Close | 120.84 |
| Market Cap ( Millions) | 48731 |
| Volume | 3361695 |
| Year High | 174.08 |
| Year Low | 108.91 |
| M A 50 | 122.25 |
| M A 200 | 133.65 |
Financial Ratios
| FCF Yield | 6.56% |
| Dividend Yield | 3.81% |
| ROE | 11.27% |
| Debt / Equity | 69.63% |
| Net Debt / EBIDTA | 246.36% |
| Price To Book | 1.71 |
| Price Earnings Ratio | 14.62 |
| Price To FCF | 15.25 |
| Price To sales | 0.33 |
| EV / EBITDA | 9.0 |
News
- 16:30 - Phillips 66: Q4 Loss Worse Than Forecast
- 14:16 - Phillips 66 (PSX) Reports Q4 Loss, Tops Revenue Estimates
- 12:09 - Phillips 66 reports smaller-than-expected fourth quarter loss
- 12:00 - Phillips 66 Reports Fourth-Quarter Results and Announces Next Phase of Strategic Initiatives
- 07:30 - Top Wall Street Forecasters Revamp Phillips 66 Price Expectations Ahead Of Q4 Earnings
- Jan -28 - What's in Store for Phillips 66 This Q4 Earnings Season?
- Jan -25 - Phillips 66 (PSX) Declines More Than Market: Some Information for Investors
- Jan -14 - Phillips 66 (PSX) Beats Stock Market Upswing: What Investors Need to Know
- Jan -13 - Cyclum NextGen Travel Centers Announces 76® Branding Agreement With Phillips 66 for Its Next Generation of Travel Centers
- Jan -13 - Phillips 66 Makes An Intelligent Acquisition Of EPIC NGL
- Jan -11 - All It Takes Is $1,000 Invested in Each of These 3 High-Yield Dividend Stocks to Generate $112 in Passive Income in 2025
- Jan -08 - Why the Market Dipped But Phillips 66 (PSX) Gained Today
- Jan -07 - Phillips 66 to Strengthen NGL Foothold With $2.2B EPIC NGL Deal
- Jan -07 - EPIC Y-Grade Agrees to Sell Business for $2.20 Billion to Phillips 66
- Jan -07 - Oil refiner Phillips 66 plans to acquire EPIC NGL in $2.2 bln deal
- Jan -06 - Phillips 66 to grow Permian midstream business with EPIC NGL acquisition
- Jan -03 - Natural Gas Could Rule The Energy World – 5 Dividend Paying Giants To Buy Now
- Jan -02 - Wolfe Research upgraded Phillips 66 to Outperform, sees 'no value' in refining
- Jan -01 - Phillips 66 (PSX) Increases Despite Market Slip: Here's What You Need to Know
- Dec -25 - Phillips 66: Bottom Fishing At The Bottom Of The Refining Cycle (Rating Upgrade)
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Marketing and Specialties
Expected Growth : 15 %
What the company do ?
Phillips 66's Marketing and Specialties segment includes the production and sale of specialty products, such as lubricants, coolants, and aviation fuels.
Why we expect these perspectives ?
Phillips 66's Marketing and Specialties segment growth of 15% is driven by increasing demand for lubricants and specialty products, expansion of the company's retail network, and strategic partnerships. Additionally, the segment benefits from a strong brand portfolio, including 76, Conoco, and Phillips 66, which enables premium pricing and loyalty programs.
Segment n°2 -> Refining
Expected Growth : 12 %
What the company do ?
Refining from Phillips 66 refers to the process of transforming crude oil into various petroleum products, such as gasoline, diesel, and jet fuel, at their refineries.
Why we expect these perspectives ?
Phillips 66's refining segment growth is driven by increasing demand for transportation fuels, improved refining margins, and strategic investments in high-return projects. Additionally, the company's focus on operational excellence, cost savings initiatives, and disciplined capital allocation contribute to its growth. Furthermore, the growth is supported by the company's strong balance sheet and ability to generate significant free cash flow.
Segment n°3 -> Midstream
Expected Growth : 10 %
What the company do ?
Phillips 66's Midstream segment transports, stores, and markets crude oil, natural gas, and natural gas liquids, connecting producers to refineries and petrochemical plants.
Why we expect these perspectives ?
Phillips 66's Midstream segment growth is driven by increasing demand for crude oil transportation and storage, expansion of pipeline networks, and strategic acquisitions. Additionally, growth in US shale production, rising exports, and increasing refining utilization rates contribute to the segment's 10% growth.
Segment n°4 -> Corporate and Other
Expected Growth : 8 %
What the company do ?
Corporate and Other from Phillips 66 refers to the company's non-operating units, including headquarters, technology, and other miscellaneous operations.
Why we expect these perspectives ?
Phillips 66's Corporate and Other segment growth of 8% is driven by increased profitability from its lubricants business, higher earnings from its equity investments, and a reduction in corporate expenses. Additionally, the segment benefits from the company's diversified revenue streams, including its midstream and chemicals businesses, which provide a stable source of income.
Phillips 66 Products
| Product Range | What is it ? |
|---|---|
| Refined Products | Phillips 66 refines crude oil into various petroleum products, including gasoline, diesel fuel, jet fuel, and lubricants. |
| Midstream | Phillips 66 operates pipelines, transportation systems, and storage facilities to transport and store crude oil, natural gas, and refined products. |
| Chemicals | Phillips 66 produces and markets various chemicals, including olefins, polyolefins, and specialty chemicals. |
| Marketing and Specialties | Phillips 66 markets and sells refined products, including gasoline, diesel fuel, and lubricants, to consumers and businesses. |
| Renewables | Phillips 66 invests in and develops renewable energy projects, including wind, solar, and biofuels. |
Phillips 66's Porter Forces
Threat Of Substitutes
Phillips 66 has a diverse range of products, including refined products, midstream, and chemicals. While there are substitutes available, the company's strong brand recognition and wide distribution network mitigate the threat of substitutes.
Bargaining Power Of Customers
Phillips 66 has a large and diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often essential to its customers' operations, making it difficult for them to negotiate prices.
Bargaining Power Of Suppliers
Phillips 66 relies on a diverse range of suppliers for its raw materials and services. While the company has some bargaining power due to its size and scale, suppliers may still have some negotiating power, particularly if they are providing specialized or high-demand products.
Threat Of New Entrants
The energy industry has high barriers to entry, including significant capital requirements and regulatory hurdles. This makes it difficult for new entrants to enter the market and compete with established players like Phillips 66.
Intensity Of Rivalry
The energy industry is highly competitive, with many established players competing for market share. Phillips 66 faces intense competition from other major energy companies, which can lead to pricing pressure and reduced margins.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 39.70% |
| Debt Cost | 6.27% |
| Equity Weight | 60.30% |
| Equity Cost | 10.93% |
| WACC | 9.08% |
| Leverage | 65.85% |
Phillips 66 : Quality Control
Phillips 66 passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MPC | Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. The … |
| VLO | Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, … |
| EOG | EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico … |
| FANG | Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian … |
| MPLX | MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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MPLX
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Diamondback Energy
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EOG Resources
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Valero Energy
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5
Phillips 66
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1-Year Total Return ->
6
