Phillips 66 (PSX) Stock Price & Analysis
Phillips 66 (PSX) closed at USD 284.63 on Thursday, October 22, 2026, down 1.88% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 290.07; the Oct 22, 2026 session ranged USD 278.08–293 on volume of 2,035,768 shares. Market capitalization is $114.12B, with a 52-week range of USD 127.16–299.39 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:49 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PSX.md
Key facts (PSX)
- Last four reported quarters (through Jun 30, 2026): revenue $152B, net income $7.09B (4.7% margin) (SEC filings).
- 6 of 80 tracked superinvestors hold PSX (13F, Q2 2026): 0 new, 0 added, 4 reduced, 2 unchanged.
- Insider open-market sales, last ~7 months: 8 Form 4 filings, $7.47B; 6 not under a Rule 10b5-1 plan ($32.1M); 2 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $30K; 0 by opportunistic insiders, 0 by routine insiders.
- Total return with dividends: 1Y +115.8% vs S&P 500 +14.9%; 5Y +311.7% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 11.79, revenue estimate $43.2B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PSX)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $111B | $170B | $147B | $143B | $132B | $152B |
| Gross profit | $9.37B | $20.1B | $19.3B | $13.2B | $16.3B | — |
| Net income | $1.32B | $11.0B | $7.01B | $2.12B | $4.40B | $7.09B |
| EPS (diluted) | $2.97 | $23.27 | $15.48 | $4.99 | $10.79 | — |
| Gross margin | 8.4% | 11.8% | 13.1% | 9.2% | 12.3% | — |
| Net margin | 1.2% | 6.5% | 4.8% | 1.5% | 3.3% | 4.7% |
| Revenue growth | +73.8% | +52.5% | -13.3% | -2.9% | -7.5% | — |
| Cash + short-term investments | $3.15B | $6.13B | $3.32B | $1.74B | $1.12B | — |
| Total debt | $14.4B | $17.2B | $19.4B | $20.1B | $19.7B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (PSX)
P/E at fiscal year-ends: Dec 2025 12.0x, Dec 2024 22.7x, Dec 2023 8.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (PSX)
6 of 80 tracked investors hold PSX. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Torray Funds | 2.69% | $19.9M | Reduced -16.5% | |
| Bill Nygren | Oakmark Funds | 0.40% | $297M | Reduced -80.8% |
| Tweedy Browne | 0.16% | $2.1M | Reduced -0.7% | |
| Christopher Bloomstran | Semper Augustus | 0.03% | $249K | Unchanged |
| Mairs & Power | Mairs & Power Funds | 0.01% | $1.1M | Reduced -0.8% |
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $440K | Unchanged |
Insider sales (SEC Form 4, open-market, last ~7 months) (PSX)
2 of 8 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-16 | Mandell Brian | Executive Vice President | 23,400 | $6.2M | 27.5% | No | Too little history (no open-market trades in 2024) |
| 2026-08-12 | Harbison Richard G | EVP, Refining | 52,100 | $11.7M | 53% | No | Too little history (no open-market trades in 2023 or 2025) |
| 2026-08-10…2026-08-11 | Mandell Brian | Executive Vice President | 33,300 | $7.2M | 35.1% | No | Too little history (no open-market trades in 2024) |
| 2026-08-10 | Davis Lisa Ann | Director | 1,515 | $315K | 17.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-07…2026-08-10 | Kluppel Ann M | SVP and Controller | 7,834 | $1.7M | 21.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-07-20…2026-07-21 | Sutherland Vanessa Allen | EVP, GC and Secretary | 4,086 | $7.44B | 12.9% | Yes (adopted March 17, 2026) | Too little history (no open-market trades in 2024) |
| 2026-07-09 | Mitchell Kevin J | Exec. VP and CFO | 11,021 | $2.1M | 10.2% | Yes (adopted November 21, 2025) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-08…2026-05-11 | Mitchell Kevin J | Exec. VP and CFO | 30,000 | $5.1M | 23.3% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (PSX)
1 purchase, $30K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-06 | Meyers Kevin Omar | Director | 175 | $30K | 173.13 | Too little history (no open-market trades in 2023–2025) |
Analysts (PSX)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-22 | TD Cowen | Target raised | Buy | $295 → $308 |
| 2026-10-14 | Wells Fargo | Target raised | Overweight | $335 → $345 |
| 2026-10-13 | Citigroup | Target raised | Neutral | $217 → $297 |
| 2026-10-12 | Barclays | Target raised | Equal-Weight | $216 → $282 |
| 2026-10-12 | Evercore ISI Group | Target raised | Outperform | $220 → $250 |
| 2026-10-08 | Mizuho | Downgrade | Outperform → Neutral | $220 → $300 |
| 2026-10-01 | Goldman Sachs | Target raised | Neutral | $245 → $274 |
| 2026-09-30 | TD Cowen | Target raised | Buy | $255 → $295 |
| 2026-09-17 | BMO Capital | Target raised | Outperform | $260 → $310 |
| 2026-09-14 | Raymond James | Target raised | Outperform | $240 → $300 |
| 2026-09-14 | Morgan Stanley | Target raised | Overweight | $196 → $284 |
| 2026-09-08 | UBS | Target raised | Buy | $235 → $300 |
Total return (dividends reinvested) (PSX)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +115.8% | +311.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +116.4% | +32.6% |
| Volatility (annualized) | 31.5% | 34.7% |
| Max drawdown | -17.3% (Mar 2026→Apr 2026) | -41.0% (Apr 2024→Apr 2025) |
PSX revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| M&S | $31.30B | 61.4% | +49.8% |
| Refining | $13.62B | 26.7% | +91.7% |
| Midstream | $5.23B | 10.3% | +15.5% |
| Renewable Fuels | $849.0M | 1.7% | +8.7% |
| Total revenue | $51.00B | 100% | — |
PSX revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Refined petroleum products and renewable fuels | $36.98B | 72.5% | +52.7% |
| Crude oil resales | $8.26B | 16.2% | +99.0% |
| Natural gas liquids and natural gas | $4.65B | 9.1% | +14.1% |
| Services and other | $1.12B | 2.2% | +26.1% |
| Total revenue | $51.00B | 100% | — |
PSX revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $41.22B | 80.8% | +58.4% |
| United Kingdom | $5.84B | 11.5% | +72.4% |
| Other countries | $3.14B | 6.2% | +20.6% |
| Germany | $806.0M | 1.6% | -38.4% |
| Total revenue | $51.00B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
PSX suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Excel Paralubes | “Other products produced include off-road diesel, home heating oil, gas oil and hydrogen feedstock for our Excel Paralubes LLC (Excel Paralubes) joint venture in our M&S segment, and high-quality specialty graphite and fuel-grade petroleum cokes.” |
| Partner | CENOVUS ENERGY INC. (CVE) | “On October 1, 2025, we acquired the remaining 50% equity interest in WRB Refining LP (WRB), a joint venture that owned the Wood River and Borger refineries, from subsidiaries of Cenovus Energy Inc. (Cenovus).” |
| Partner | Mineraloelraffinerie Oberrhein | “* Mineraloelraffinerie Oberrhein GmbH, joint venture in which we own an 18.75% interest.” |
| Partner | Coop Mineraloel | “On January 31, 2025, we sold our 49% ownership interest in Coop Mineraloel AG, a joint venture that markets refined petroleum products in Switzerland.” |
| Partner | Chevron (CVX) | “For example, Phillips 66's agreement with Chevron Corporation (Chevron) regarding CPChem permits Chevron to buy Phillips 66's 50% interest in CPChem for fair market value if Phillips 66 experiences a change in control or if both Standard & Poor's Financial Services LLC and Moody's Investors Service, Inc. lower their credit ratings below investment grade and the credit rating from either rating agency remains below…” |
| Partner | DCP Midstream | “Prior to the DCP Midstream Merger, we and Enbridge each held a 50% interest and jointly governed DCP Midstream, whose primary assets are its general partner and limited partner interests in DCP Midstream, LP (DCP LP), and we each held indirect economic interests in DCP LP of 28.26%.” |
| Partner | ENBRIDGE INC (ENB) | “Prior to the DCP Midstream Merger, we and Enbridge each held a 50% interest and jointly governed DCP Midstream, whose primary assets are its general partner and limited partner interests in DCP Midstream, LP (DCP LP), and we each held indirect economic interests in DCP LP of 28.26%.” |
Quoted from the company's 10-K filed Feb 20, 2026.
PSX analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $11.79 | $8.05 | +46.4% | $43.23B | 18 |
| Next quarter (ends Dec 2026) | $10.65 | $4.93 | +115.8% | $44.64B | 18 |
| Current fiscal year (ends Dec 2026) | $32.60 | $20.92 | +55.8% | $172.17B | 16 |
| Next fiscal year (ends Dec 2027) | $30.35 | $18.86 | +60.9% | $155.69B | 19 |
PSX options: expected move
Options price a move of about ±6.1% (±$17.35) by Oct 30, 2026, which includes earnings on Oct 28, 2026. Over the last 8 reports the stock moved ±2.8% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 51.4% | ±6.1% |
| Nov 6, 2026 | 14 | 45.5% | ±7.4% |
| Nov 13, 2026 | 21 | 45.4% | ±8.9% |
| Nov 20, 2026 | 28 | 44.5% | ±10.1% |
| Nov 27, 2026 | 35 | 43.8% | ±11.0% |
| Dec 4, 2026 | 42 | 43.9% | ±12.0% |
| Dec 18, 2026 | 56 | 44.2% | ±13.8% |
| Jan 15, 2027 | 84 | 42.0% | ±16.0% |
30-day implied volatility 44.7% vs 30.6% realized over the last 30 trading days. Put/call ratio (volume) 1.23. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:49 UTC)
| Price | USD 284.63 |
|---|---|
| Change | ▼ 1.88% (down) |
| Previous Close | USD 290.07 |
| Open | USD 292 |
| Day Range | USD 278.08 – 293 |
| 52-Week Range | USD 127.16 – 299.39 |
| Volume | 2,035,768 shares |
| Market Cap | $114.12B |
| Exchange | NYQ |
Technical Analysis (PSX)
Nexqual's technical model rates PSX "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 09:49 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 58.96 (neutral) |
| vs SMA50 | Above (USD 261.48) |
| MACD | 9.6 (positive) |
Earnings (PSX)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 11.79 |
| Revenue Estimate | $43.23B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 9.41 vs est 7.5 ▲ beat |
| 2026-03-31 | USD 0.49 vs est -0.39 ▲ beat |
| 2025-12-31 | USD 2.47 vs est 2.15 ▲ beat |
| 2025-09-30 | USD 2.52 vs est 2.16 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Financials & Fundamentals (PSX)
| Total Revenue | $152.17B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +53.10% |
| Gross Margin | +13.10% |
| Operating Margin | +8.53% |
| Profit Margin | +4.66% |
| ROE | +23.45% |
| Debt / Equity | 0.63 |
| Current Ratio | 1.32 |
| Total Cash | $4.10B |
| Total Debt | $20.57B |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Financial Health Score (PSX)
Nexqual rates Phillips 66's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:49 UTC.
| Growth | Weak — Revenue -6% YoY (annual), declining |
|---|---|
| Profitability | Weak — Gross margin 13%, operating 9% (last 12 months) |
| Balance Sheet | Solid — $4.10B cash and investments vs $20.6B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $4.96B (FY ended Dec 2025, 10-K) |
| Efficiency | Strong — ROE 23%, ROA 6.0% |
Ownership (PSX)
| Insider Ownership | +0.21% |
|---|---|
| Institutional Ownership | +80.57% |
| Shares Outstanding | 400.94M |
| Float | 398.10M |
| Short % of Float | +1.59% |
Source: Nexqual, October 23, 2026 at 09:49 UTC.
Legal & Regulatory Risks from Phillips 66's Latest 10-K (filed 2026-02-20)
- We are subject to a variety of legal proceedings and other claims arising out of our operations which may adversely impact our business and financial condition.
- Climate change and severe weather may adversely affect our and our joint ventures' facilities and ongoing operations.
- Increased regulation of the fossil fuel industry, particularly with respect to hydraulic fracturing, could result in reductions or delays in the production of crude oil and natural gas, which could adversely impact our results of operations.
- Compliance with the EPA's Renewable Fuel Standard (RFS) could adversely affect our financial results.
Source: SEC EDGAR 10-K, Item 1A, official filing.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| VLO | Valero Energy Corporation | USD 426.28 | ▼ 2.4% |
| MPC | Marathon Petroleum Corporation | USD 459.28 | ▼ 1.86% |
| DINO | HF Sinclair Corporation | USD 122.32 | ▼ 2.59% |
| PBF | PBF Energy Inc. | USD 79.25 | ▼ 2.81% |
| UGP | Ultrapar Participacoes S.A. (Ne | USD 7.8 | ▼ 2.13% |
| CVI | CVR Energy Inc. | USD 58.63 | ▼ 3.46% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:49 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt