1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
Phillips 66 remains the most diversified independent refiner with greater interests in marketing, chemical, and midstream assets than peers. While the performance of its refining segment will be the primary determinant of earnings in the near term, the midstream segment will increasingly be the value driver over time as Phillips 66 aims to grow its potential midcycle EBITDA by $3 billion to $13 billion by 2025.
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.9 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility will cease operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes the DCP Midstream joint venture, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of PSX’s competitive advantage.
Phillips 66
XNYS: PSX
| HF Sinclair Corp
XNYS: DINO
| Valero Energy Corp
XNYS: VLO
| Marathon Petroleum Corp
XNYS: MPC
| |
Price
| 98.76 | 45.82 | 113.39 | 113.01 |
Currency
| USD | USD | USD | USD |
Change
| −$0.38 (0.38%) | −$0.01 (0.02%) | +$0.95 (0.84%) | +$0.58 (0.52%) |
Market Cap
| 45.32 Bil | 8.81 Bil | 40.99 Bil | 47.95 Bil |
Industry
| Oil & Gas Refining & Marketing | Oil & Gas Refining & Marketing | Oil & Gas Refining & Marketing | Oil & Gas Refining & Marketing |
Sector
|
Energy
|
Energy
|
Energy
|
Energy
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. PSX has a forward dividend yield of 4.25%.
See
PSX’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
PSX’s market cap is 45.32 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
PSX’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
PSX’s price/sales is 0.28.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
PSX’s price/forward earnings is 3.82.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
PSX’s price/book is 1.50.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See PSX’s valuation ratios compared to the Market Index.
PSX’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare PSX’s historical performance against its industry peers and the overall market.
