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Phillips 66 PSX is trading at a trailing 12-month EV/EBITDA multiple of 13.25x, which is higher than the broader industry average of 5.13x. Valero Energy Corporation VLO and Par Pacific Holdings, Inc. PARR, two other refiners, are valued at 7.87x and 5.06x, respectively.
A glut of oil has sent the price of unrefined crude lower. Increased manufacturing and air travel are driving demand for refined fuels higher.
PSX could ride softer WTI prices as rising global inventories pressure crude, potentially boosting refining margins in 2026.
HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has declared a quarterly dividend of $1.27 per share on Phillips 66 common stock, representing a $0.07 increase.
PSX, MPC and VLO stand out in the Oil and Gas - Refining & Marketing industry as volatility persists, valuations stay low, and opportunities remain.
Oppenheimer Asset Management Inc. boosted its stake in Phillips 66 (NYSE: PSX) by 3.6% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 97,472 shares of the oil and gas company's stock after acquiring an additional 3,426 shares during
Thrivent Financial for Lutherans cut its holdings in Phillips 66 (NYSE: PSX) by 35.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 27,136 shares of the oil and gas company's stock after selling 15,069 shares during the quarter. Thrivent Financial for Lutherans'
Federated Hermes Inc. trimmed its position in Phillips 66 (NYSE: PSX) by 85.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,426 shares of the oil and gas company's stock after selling 19,767 shares during the quarter. Federated Hermes Inc.'s holdings
AI-fueled tech selling and weak labor signals rattled major U.S. indexes today, with software stocks in freefall, Feb. 5, 2026.
Phillips 66 will lay off around half of its employees at its sole remaining oil refinery in California after shuttering operations, Bloomberg News reported on Thursday, citing a filing with California's employment regulator.
Adjusted EBITDA: Increased by 40% since 2022, approximately $1 billion in Q4 2025.Reported Earnings: $2.9 billion or $7.17 per share for Q4 2025.Adjusted Earni
Phillips 66 (PSX) Q4 2025 Earnings Call Transcript
PSX delivers a Q4 earnings beat as higher realized refining margins worldwide and higher midstream volumes lift results.
On Opening Bid for February 5, 2026, Yahoo Finance Executive Editor Brian Sozzi and his panel discuss the possibility of a software stock bubble. He also speaks with Phillips 66 CFO Kevin Mitchell about the company's fourth quarter earnings and the situation in Venezuela.
Refiner Phillips 66 beat Wall Street estimates for fourth-quarter profit on Wednesday, as a rebound in U.S. refining margins lifted earnings after a prolonged slump in 2024.
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced fourth-quarter earnings.
U.S. refiner Phillips 66 can process around 250,000 barrels per day of Venezuelan crude, CEO Mark Lashier said at a conference in Houston on Tuesday.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Phillips 66 (PSX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2025.
Here is a look at what to expect from energy stocks, like NOV, PTEN and PSX, ahead of their quarterly earnings reports, set to be released tomorrow.
PSX gears up for Q4 earnings with profit seen rebounding. However, falling revenues and a premium valuation raise questions for investors.