NYSE: PSX
Phillips 66
Energy · Oil & Gas Refining & Marketing
After hours: $206.00(-0.88%) · as of 7:26 PM ET
Market Cap
$83.32B
52w High
$216.08
52w Low
$118.07
P/E
20.33
Volume
1.56M
Outstanding Shares
400.94M
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock rose 62.75% over the last year. Revenue declined 1.33% over the trailing twelve months. Operating margin moved from 0.26% to 4.67%. Free cash flow declined 95.98% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 67th percentile of its historical P/E range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 4.67%) would need to stabilize or improve to justify the move. Revenue is declining 1.33% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
Phillips 66 operates as a diversified energy company, specializing in both manufacturing and logistics.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
20
Buy
13
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 5, 2026
Q3 FY26 · EPS est $7.50 · Revenue est $43.6B
View
Dividends
$5.01/shareQuarterly5yr growth streakEx-div Aug 18, 2026 · in 22dAdequatePSX pays a dividend with a 2.41% declared yield, 5 consecutive years of growth, growing at 7.19% annually, covered 1.4× by free cash flow.
Declared Yield
2.41%
Annual Div / Share
$5.01
5yr CAGR
+7.19%
Doubles every ~10.0yr
Payout Ratio
47.59%
Adequate
Dividend Growth Rate
3yr CAGR
+6.74%
5yr CAGR
+7.19%
10yr CAGR
+7.73%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$3/mo
In 10 yrs
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$24/yr $2/mo | $34/yr+42% $3/mo | $48/yr+100% $4/mo |
Yield-on-cost grows from 2.41% → 4.83% over 10yr
Analysis
Dividend Strengths
Strong dividend growth rate
The 5-year CAGR of 7.19% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.