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PSX

S&P 500
Neutral · 55/100

Phillips 66

Energy
Oil & Gas Refining & Marketing

$168.41

1.4%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 33.1% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$66.61B

P/E

16.06x

Forward P/E (est.)

11.47x

ROE

14.7%

Revenue Growth

-2.4%

EPS Growth

128.8%

Profit Margin

3.1%

FCF Yield

12.5%

Debt / Equity

0.68x

ROIC

Interest Coverage

Current Ratio

1.13x

Dividend Yield

2.9%

Implied Growth (rev. DCF)

Rating Score

55/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what PSX's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. PSX trades near $168.41, around its 50-day average ($172.14) and 200-day average ($151.56). Price tangled in its moving averages means there is no clear trend — the stock is ranging.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 37 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. PSX's is $5.55 (~3.3% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month PSX found buyers near $164.10 (support) and sellers near $188.00 (resistance); its 52-week range is $118.00–$190.61. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 2.3× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Phillips 66 (PSX) is a large-cap company in the Oil & Gas Refining & Marketing industry, part of the Energy sector of the S&P 500, with a market value around $66.61B.

In its latest reported year it generated about $132.38B in revenue and $4.40B in net profit.

Our model rates PSX Neutral (55/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

4.4%

Revenue moved from $111.48B in 2021 to $132.38B in 2025, a 4.4% compound annual growth rate. The most recent year declined 2.4% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?

Profitability
Research

Gross Margin

12.5%

Operating Margin

2.1%

Net Margin

3.3%

ROE

14.7%

Phillips 66 keeps about 3.1% of each sales dollar as net profit, with a 12.5% gross margin and 2.1% operating margin. Return on equity is 14.7%. Thin margins leave less cushion if costs rise.

Debt Analysis
Research

Total Debt

$1.10B

Net Debt

-$4.05B

Net cash position

Net Debt / EBITDA

Debt / Equity

0.68x

Leverage: debt-to-equity is 0.7x, with a current ratio of 1.1x. That is a moderate, manageable debt load for most businesses. It carries roughly $1.10B of total debt against $5.15B of cash.

Cash Flow Analysis
Research

Operating CF

$4.96B

Free Cash Flow

$4.96B

FCF Margin

3.7%

In the latest year Phillips 66 produced about $4.96B of operating cash flow and $4.96B of free cash flow after capital spending. That is a free-cash-flow yield of about 12.5% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

16.06x

P/S

0.52x

P/B

1.73x

EV / EBITDA

PSX trades at 16.1x trailing earnings (about 11.5x on estimated forward earnings), 0.5x sales, and 1.7x book value. That is a fairly typical valuation for a profitable company.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
16.1xCheap
Forward P/E
11.5xCheap
P/S ratio
0.5xCheap
Revenue growth
-2.4%Weak
EPS growth
128.8%Strong
Gross margin
12.5%Weak
Net margin
3.1%Weak
ROE
14.7%Average

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How PSX stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.

In the Energy sector (21 S&P 500 companies), PSX ranks #10 of 21 by our overall rating. It trades at roughly in line versus the sector on earnings (16.1x P/E vs. 18.9x median) with a lower return on equity (14.7% vs. 14.8%) and slower revenue growth (-2.4% vs. -0.4%).

P/E vs sector

16.1x

median 18.9x

ROE vs sector

14.7%

median 14.8%

Growth vs sector

-2.4%

median -0.4%

Sector rank

#10

of 21 by rating

CompanyP/ERev Gr.Rating
PSXThis stock16.1x-2.4%Neutral· 55
MPC15.1x-0.9%Neutral· 53
VLO16.9x-2.8%Neutral· 57
EOG12.6x2.7%Favorable· 63
KMI21.2x13.1%Favorable· 68
SLB21.6x-0.4%Neutral· 48
BKR18.9x0.2%Neutral· 53
TRGP26.3x1.1%Neutral· 51
Energy median18.9x-0.4%53/100

Valuation vs. quality map

sector medianMPCVLOEOGKMISLBBKRTRGPPSXP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Energy companies by sub-industry and size. Sector median is across all 21 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$114.83$183.72

vs. $168.41 today · expected CAGR -7%2%

Metric20262027202820292030
Revenue$136.35B$140.44B$144.65B$148.99B$153.46B
Net income$4.09B$4.21B$4.34B$4.47B$4.60B
EPS$10.20$10.51$10.82$11.15$11.48
Share price (low)$102.02$105.08$108.24$111.48$114.83
Share price (high)$163.24$168.13$173.18$178.37$183.72
CAGR (low–high)-39% / -3%-21% / -0%-14% / 1%-10% / 1%-7% / 2%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for PSX:

  • Healthy free-cash-flow yield (~12.5%) funds buybacks and dividends.
  • Pays a 2.9% dividend on top of any price gains.
Bear Case

The case against PSX:

  • Revenue growth is slow/negative (-2.4%), limiting the upside engine.
  • Thin net margins (3.1%) leave little room for error.
Key Risks
Research

Growth risk — sluggish revenue (-2.4%) leaves little margin for execution missteps.

Margin risk — thin profitability (3.1%) is vulnerable to cost or pricing pressure.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Phillips 66 is a large-cap energy business with shrinking revenue, with modest profitability, and a sound balance sheet. It trades at 16.1x earnings, which our model scores Neutral (55/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.