U.S. Markets open in 33 mins

Does Phillips 66 Trade at a Premium Valuation?

Michelle Rey
Does Phillips 66 Trade at a Premium Valuation?

Phillips 66 Stock Has Risen 10% in Q1: Where's It Heading?(Continued from Prior Part)Phillips 66’s valuations Phillips 66 (PSX) trades at a forward PE ratio of 10.8x, which is above its peer average of 9.9x. Valero Energy (VLO) and PBF Energy (PBF)