NYSE - Delayed Quote USD

Phillips 66 (PSX)

151.41

-5.83

(-3.71%)

At close: April 26 at 4:00 PM EDT

151.41

0.00

(0.00%)

After hours: April 26 at 7:39 PM EDT

Phillips 66 (PSX) Q1 2024 Earnings Call Transcript

PSX earnings call for the period ending March 31, 2024.

Motley Fool 9 hours ago

PSX
-3.71%
Phillips 66 (PSX) Q1 2024 Earnings: Misses Analyst EPS Estimates, Highlights Strategic Initiatives

Comprehensive Analysis of Phillips 66's First Quarter Financial Performance

GuruFocus.com 13 hours ago

PSX
-3.71%
Phillips 66 (PSX) Q1 Earnings Miss, Revenues Increase Y/Y

Lower refining margins worldwide and increased expenses hurt Phillips 66's (PSX) earnings in Q1.

Zacks 13 hours ago

PSX
-3.71%
Phillips 66 (PSX) Q1 Earnings Miss Estimates

Phillips 66 (PSX) delivered earnings and revenue surprises of -7.32% and 17.35%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 16 hours ago

PSX
-3.71%
UPDATE 2-Phillips 66 misses first-quarter profit estimates on weaker margins

Refiner margins have scaled back from the peaks achieved after Russia's invasion of Ukraine in 2022, amid a rise in global refining capacity that has led to a drop in fuel prices. The company said its realized margins fell about 47% to $10.91 per barrel in the first quarter from a year earlier, led by nearly a 50% decline in Gulf Coast margins. The decline comes amid a push from activist investor Elliott, which revealed a $1 billion stake in the company last year, to address underperformance in refining and speed up cost cuts.

Reuters 17 hours ago

PSX
-3.71%
Phillips 66 misses first-quarter profit estimates on weaker margins

(Reuters) -Oil refiner Phillips 66 reported a first-quarter earnings miss on Friday, as seasonal maintenance and a renewable fuels conversion project at its Rodeo, California, refinery weighed on profits. Phillips' market capture, a measure of refining profit compared with industry benchmarks, fell to 69% in the quarter from 93%, even as its crude capacity utilization was above last year at 92%. Seasonal maintenance activities, primarily at its downstream catalytic units in the Gulf Coast, limited the refiner's ability to make higher-value products, Mark Lashier, CEO of Phillips 66, said during the company's earnings call on Friday.

Reuters 17 hours ago

PSX
-3.71%
Phillips 66 Reports 1Q 2024 Financial Results, Highlights Strategic Priorities Progress

HOUSTON, April 26, 2024--Phillips 66, a leading diversified and integrated downstream energy company, announced first-quarter earnings of $748 million.

Business Wire 17 hours ago

PSX
-3.71%
Should Value Investors Buy Par Pacific (PARR) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks yesterday

PARR

PSX
-3.71%
Is EOG Resources (EOG) Outperforming Other Oils-Energy Stocks This Year?

Here is how EOG Resources (EOG) and Phillips 66 (PSX) have performed compared to their sector so far this year.

Zacks 2 days ago

EOG
+0.25%
PSX
-3.71%
Wall Street Analysts See Phillips 66 (PSX) as a Buy: Should You Invest?

According to the average brokerage recommendation (ABR), one should invest in Phillips 66 (PSX). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Zacks 2 days ago

PSX
-3.71%
Here Is Why Bargain Hunters Would Love Fast-paced Mover Phillips 66 (PSX)

Phillips 66 (PSX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Zacks 2 days ago

PSX
-3.71%
Oil Refining Profits Seen at Two-Year Lows on Gloomy Outlook

(Bloomberg) -- US oil refiners that have been among this year’s strongest S&P 500 performers are headed for a reckoning with a darkening supply-and-demand outlook.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Soars as Musk’s Cheaper EVs Calm Fears Over StrategyMarathon Petroleum Corp., Phillips 66 and Valero Energy Corp.

Bloomberg 2 days ago

VLO
-0.80%
MPC
-0.56%
PSX
-3.71%
Phillips 66 (PSX) Gears Up for Q1 Earnings: What's in Store?

Phillips 66's (PSX) first-quarter earnings are likely to have been negatively impacted by a weak performance in its refining segment.

Zacks 3 days ago

PSX
-3.71%
XOM

HES
+0.67%
Earnings Preview: CVR Energy (CVI) Q1 Earnings Expected to Decline

CVR (CVI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks 4 days ago

CVI

PSX
-3.71%
Phillips 66's (NYSE:PSX) institutional investors lost 3.8% last week but have benefitted from longer-term gains

Key Insights Institutions' substantial holdings in Phillips 66 implies that they have significant influence over the...

Simply Wall St. 4 days ago

PSX
-3.71%
Phillips 66 (PSX) Advances While Market Declines: Some Information for Investors

The latest trading day saw Phillips 66 (PSX) settling at $154.71, representing a +0.91% change from its previous close.

Zacks 7 days ago

PSX
-3.71%
^GSPC
Earnings Preview: Phillips 66 (PSX) Q1 Earnings Expected to Decline

Phillips 66 (PSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks 7 days ago

PSX
-3.71%
VLO
-0.80%
Top 25 States with Cheapest Gasoline Prices

In this article, we list and discuss the Top 25 States with Cheapest Gasoline Prices as of April 2024. If you would like to skip our detailed analysis of the US oil market, you can instead go to the Top 10 States with Cheapest Gasoline Prices. Gasoline, a petrochemical product made through refining crude oil, […]

Insider Monkey 8 days ago

RB=F

PSX
-3.71%
CVX
+0.37%
Returns On Capital At Phillips 66 (NYSE:PSX) Have Stalled

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...

Simply Wall St. 11 days ago

PSX
-3.71%
Here’s Why Aristotle Capital’s Value Equity Composite Sold Phillips 66 (PSX)

Aristotle Capital Management, LLC, an investment management company, released its “Value Equity Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The composite returned 7.63% gross of fees (7.56% net of fees) in the first quarter trailing the 8.99% return of the Russell 1000 Value Index and the 10.56% return […]

Insider Monkey 11 days ago

PSX
-3.71%

Performance Overview

Return	PSX	S&P 500
YTD	+14.54%	+6.92%
1-Year	+58.13%	+25.26%
3-Year	+123.67%	+22.00%

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Phillips 66 (PSX)

Phillips 66 (PSX) Q1 2024 Earnings Call Transcript

Phillips 66 (PSX) Q1 2024 Earnings: Misses Analyst EPS Estimates, Highlights Strategic Initiatives

Phillips 66 (PSX) Q1 Earnings Miss, Revenues Increase Y/Y

Phillips 66 (PSX) Q1 Earnings Miss Estimates

UPDATE 2-Phillips 66 misses first-quarter profit estimates on weaker margins

Phillips 66 misses first-quarter profit estimates on weaker margins

Phillips 66 Reports 1Q 2024 Financial Results, Highlights Strategic Priorities Progress

Should Value Investors Buy Par Pacific (PARR) Stock?

Is EOG Resources (EOG) Outperforming Other Oils-Energy Stocks This Year?

Wall Street Analysts See Phillips 66 (PSX) as a Buy: Should You Invest?

Here Is Why Bargain Hunters Would Love Fast-paced Mover Phillips 66 (PSX)

Oil Refining Profits Seen at Two-Year Lows on Gloomy Outlook

Phillips 66 (PSX) Gears Up for Q1 Earnings: What's in Store?

Earnings Preview: CVR Energy (CVI) Q1 Earnings Expected to Decline

Phillips 66's (NYSE:PSX) institutional investors lost 3.8% last week but have benefitted from longer-term gains

Phillips 66 (PSX) Advances While Market Declines: Some Information for Investors

Earnings Preview: Phillips 66 (PSX) Q1 Earnings Expected to Decline

Top 25 States with Cheapest Gasoline Prices

Returns On Capital At Phillips 66 (NYSE:PSX) Have Stalled

Here’s Why Aristotle Capital’s Value Equity Composite Sold Phillips 66 (PSX)

Performance Overview