Phillips 66

Phillips 66 (PSX) Stock Analysis

$293.170

+4.016 (+1.37%)At close

Loading chart…
High
295.405
Open
291.940
VWAP
292.28
Volume
2.65M
Mkt Cap
59.10B
Low
288.270
Amount
773.34M
EV/EBITDA, TTM
8.07

Phillips 66 is a diversified and integrated downstream energy provider that manufactures, transports and markets products. The Company's Midstream segment provides crude oil and refined petroleum product transportation, terminating and processing services, as well as natural gas and natural gas liquids (NGL) transportation, storage, fractionation, gathering, processing and marketing services. Its Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company LLC, which manufactures and markets petrochemicals and plastics on a worldwide basis. Its Refining segment refines crude oil and other feedstocks into petroleum products, such as gasoline, distillates, including aviation fuels. Its Marketing and Specialties segment purchases for resale and markets refined products, mainly in the United States and Europe. Its Renewable Fuels segment processes renewable feedstocks into renewable products at the Rodeo Renewable Energy Complex and at its Humber Refinery.

Analyst Ratings (19)

-54.84% Downside
Hold
8 Buy
9 Hold
2 Sell
Current: 293.17
Low
110.00
Average
132.40
High
162.00

Barclays

2026-10-12

Price Target

$282

Equal Weight

Jefferies

2026-10-11

Price Target

$276

Hold

Mizuho

2026-10-08

Price Target

$300

Neutral

Goldman Sachs

2026-10-01

Price Target

$274

Neutral

TD Cowen

2026-09-30

Price Target

$295

Buy

Valuation Metrics

The current forward P/E ratio for Phillips 66 (PSX) is 15.01, compared to its 5-year average forward P/E of 10.61.

Forward P/E

Fair
5Y Average P/E
10.61
Current P/E
15.01
Overvalued
15.51
Undervalued
5.71

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
6.98
Current EV/EBITDA
8.07
Overvalued
9.03
Undervalued
4.92

Forward P/S

Fair
5Y Average P/S
0.34
Current P/S
0.36
Overvalued
0.41
Undervalued
0.27

Alphio AI Price Scenarios for PSX

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%PSX

$99.94

Scenario price

B

Base

Base · 50%PSX

$87.78

Scenario price

B

Bear

Bear · 25%PSX

$84.00

Scenario price

Whales holding PSX

T

Turtle Creek Management, LLC

+ HoldingPSX

+19.26%

3M Return

H

Harris Associates L.P.

+ HoldingPSX

+6.74%

3M Return

E

Elliott Management Corporation

+ HoldingPSX

+5.44%

3M Return

E

Empowered Funds, LLC

+ HoldingPSX

+5.30%

3M Return

T

Trajan Wealth, L.L.C.

+ HoldingPSX

+5.22%

3M Return

B

Barrow, Hanley, Mewhinney & Strauss, LLC

+ HoldingPSX

+5.18%

3M Return

Events Timeline

2026-10-16 (ET)

11:30:00

Phillips 66 Increases Quarterly Dividend to $1.33 per Share

2026-10-13 (ET)

13:30:00

U.S. Uses Defense Production Act to Expand Delek Refinery

2026-10-05 (ET)

09:00:00

Phillips 66 Executive Harbison Announces Retirement

2026-09-29 (ET)

10:30:00

Trump Announces $15B Steel Factory Investment in Iowa

2026-09-28 (ET)

16:30:00

Major Averages Decline as Oil Prices Come into Focus

News

PSX FAQ — answered by Alphio AI

Phillips 66 is a diversified and integrated downstream energy provider that manufactures, transports and markets products. The Company's Midstream segment provides crude oil and refined petroleum product transportation, terminating and processing services, as well as natural gas and natural gas liquids (NGL) transportation, storage, fractionation, gathering, processing and marketing services. Its Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company LLC, which manufactures and markets petrochemicals and plastics on a worldwide basis. Its Refining segment refines crude oil and other feedstocks into petroleum products, such as gasoline, distillates, including aviation fuels. Its Marketing and Specialties segment purchases for resale and markets refined products, mainly in the United States and Europe. Its Renewable Fuels segment processes renewable feedstocks into renewable products at the Rodeo Renewable Energy Complex and at its Humber Refinery. It operates in the Energy sector (PETROLEUM REFINING industry).

19 analysts cover PSX: 8 rate it Buy, 9 Hold and 2 Sell. The average price target is 132.40.

Community

More ↗

No posts yet

Sign up or log in to join the discussion

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

Start trading