PSX - Phillips 66

NYSE - NYSE Delayed Price. Currency in USD
95.18
-3.28 (-3.33%)
At close: 4:02PM EDT
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Previous Close98.46
Open97.48
Bid95.17 x 900
Ask95.25 x 900
Day's Range94.73 - 98.87
52 Week Range78.44 - 121.55
Volume2,865,016
Avg. Volume2,653,439
Market Cap42.692B
Beta (3Y Monthly)1.13
PE Ratio (TTM)8.21
EPS (TTM)11.59
Earnings DateOct 24, 2019 - Oct 28, 2019
Forward Dividend & Yield3.60 (3.66%)
Ex-Dividend Date2019-08-19
1y Target Est118.67
Trade prices are not sourced from all markets
  • U.S. Gasoline & Distillates Stocks Up, Cushing Supplies Slump
    Zacks

    U.S. Gasoline & Distillates Stocks Up, Cushing Supplies Slump

    The federal government's EIA report revealed that crude inventories fell by 2.7 million barrels for the week ending Aug 16.

  • Refining Stocks Tank, Dividend Yields Rise
    Market Realist

    Refining Stocks Tank, Dividend Yields Rise

    Weaker equity markets have dragged down refining stocks this month, resulting in their dividend yields rising. Let's see how they stack up.

  • Top Ranked Income Stocks to Buy for August 21st
    Zacks

    Top Ranked Income Stocks to Buy for August 21st

    Top Ranked Income Stocks to Buy for August 21st

  • North Dakota Oil Production Sets Record, So Does Gas Flaring
    Zacks

    North Dakota Oil Production Sets Record, So Does Gas Flaring

    The newest numbers showed that daily crude output remained above one million barrels for the 29th month, further confirming North Dakota as one of the hottest shale plays in the United States.

  • NuStar positioned to profit from Permian-to-Corpus pipelines, CEO says
    American City Business Journals

    NuStar positioned to profit from Permian-to-Corpus pipelines, CEO says

    NuStar Energy began thinking about how it could tap into the West Texas oil boom four years ago, CEO Brad Barron told the Business Journal.

  • Motiva could make further moves into petrochemical business
    American City Business Journals

    Motiva could make further moves into petrochemical business

    Houston-based Motiva Enterprises LLC has reached a deal to buy a Port Arthur, Texas, petrochemical asset from Flint Hills Resources LLC, but it likely won’t be the last investment the company makes in petrochemicals. Motiva’s parent company, the state-owned Saudi Arabian Oil Co. — more commonly called Saudi Aramco — said at the end of 2018 that it planned to invest about $100 billion in the chemicals space over the next decade, said John Maselli, a senior research analyst for Wood Mackenzie. Saudi Aramco has already made a high-dollar move into the space with its $69.1 billion agreement to purchase a majority stake in Saudi Basic Industries Corp. “They’ve been investing a lot, but $100 billion is a lot of money, and they’ve still got a ways to go,” Maselli said.

  • Local midstream company delivers first Permian barrels to Corpus
    American City Business Journals

    Local midstream company delivers first Permian barrels to Corpus

    San Antonio-based EPIC Crude Holdings LP has delivered its first barrels of Permian Basin crude oil to terminals at the Port of Corpus Christi, the company announced Monday. EPIC Crude, a subsidiary of EPIC Midstream Holdings LP, became the second company this month to begin delivering West Texas barrels to the port, after the Plains All American Pipeline LP sent its Cactus II barrels to NuStar Energy LP's (NYSE: NS) Corpus terminal last week. Because its crude oil pipeline is under construction, the company is using an adjacent natural gas liquids pipeline to ship the crude from the West Texas town of Crane to Robstown, just outside of Corpus Christi.

  • Here's Why You Should Hold On to Phillips 66 Partners (PSXP)
    Zacks

    Here's Why You Should Hold On to Phillips 66 Partners (PSXP)

    Phillips 66 Partners (PSXP) is expected to grow on the back of its stable fee-based revenue generating prowess and major growth projects.

  • Better Buy: Kinder Morgan Canada vs. Phillips 66 Partners
    Motley Fool

    Better Buy: Kinder Morgan Canada vs. Phillips 66 Partners

    These high-yielding midstream companies go head to head.

  • The Zacks Analyst Blog Highlights: Royal Dutch, ConocoPhillips, Valero, Phillips 66 and Marathon
    Zacks

    The Zacks Analyst Blog Highlights: Royal Dutch, ConocoPhillips, Valero, Phillips 66 and Marathon

    The Zacks Analyst Blog Highlights: Royal Dutch, ConocoPhillips, Valero, Phillips 66 and Marathon

  • U.S. Oil Export Race Accelerates Even as One Project Makes Leap
    Bloomberg

    U.S. Oil Export Race Accelerates Even as One Project Makes Leap

    (Bloomberg) -- The race to develop oil terminals that can fully load supertankers on the U.S. Gulf Coast remains congested, even as one of North America’s largest pipeline operators decided to push its project ahead.Over a year, more than 10 projects have been proposed for terminals that, combined, will be able to load 8 million barrels a day onto very large crude carriers, or VLCCs. While they all not be needed, the companies planning the facilities continue to move forward.Enterprise Products Partners LP was first to announce a final investment decision on its Sea Port Oil Terminal late last month, and last week the company said it expects to receive regulatory approval in the first half of 2020, followed by two years of construction. In the meantime, Energy Transfer LP said last week it was advancing talks on its terminal and Tallgrass Energy LP is holding discussions on its project.“I’d say the race is still on,” said Kurt Barrow, vice president of oil markets, midstream and downstream energy at IHS Markit. “Just because one company pulls ahead earlier in the race, doesn’t mean that they will be the first one over the finish line.”The new terminals should help propel U.S. crude exports to fresh records as oil continues to flow from American shale patches. Domestic output is forecast to average 13.3 million barrels a day next year, according to the U.S. government, about a million barrels higher than this year’s estimated average.The ports, combined with new pipeline systems, will also help ease bottlenecks that have caused Permian Basin crude to pile up with very few outlets.WTI at Midland, Texas, rose 5 cents to 55 cents a barrel above WTI at Cushing, Oklahoma, Friday, the highest since February, according to data compiled by Bloomberg.“Of the 10 or so projects that have been announced, not all would be completed, simply because they aren’t needed,” said Sandy Fielden, director of research for Morningstar Inc.Some, though, will be needed as the Louisiana Offshore Oil Port, or LOOP, is currently the only export facility in the U.S. that can completely fill up these mega-tankers, to ship barrels around the world. LOOP may not play an important role in U.S. crude exports in the long-term, especially if facilities are built in Texas where production zones lie, said John Coleman, an analyst at consultancy Wood Mackenzie.It’s not so easy to complete projects. Several have already faced regulatory hurdles this year. The U.S. Coast Guard and Maritime Administration suspended the review process for both Enbridge Inc.’s and Enterprise’s port applications. Officials also delayed the review process for Trafigura Group Ltd.’s Texas Gulf Terminals.Jupiter Energy Group pushed the startup of its terminal, which is backed by private equity firm Apollo Global Management, by a year because it hasn’t secured base shippers or approvals from the Port of Brownsville, according to Jupiter Energy Group CEO Tom Ramsey.Only five projects are in the permitting process -- those planned by Enterprise, Enbridge/Oiltanking, Trafigura, Phillips 66 and Sentinel Energy Services Inc., according to the Maritime Administration.Sufficient export infrastructure must be built along the Texas Gulf Coast, said a Texas Gulf Terminals representative.A Phillips 66 spokesman said the company’s plans have not changed, a Flint Hills Resources LLC spokesman said it continues to advance its project and Port of Corpus Christi officials were not immediately available for comment.“In our view, there is not going to be one winner in this race. There is room in this market to support two to three total VLCC terminals and that won’t include LOOP,” said Coleman.To contact the reporter on this story: Sheela Tobben in New York at vtobben@bloomberg.netTo contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net, Catherine Traywick, Reg GaleFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • U.S. Oil Supplies Up for 2nd Week, Adds to Bearish Sentiment
    Zacks

    U.S. Oil Supplies Up for 2nd Week, Adds to Bearish Sentiment

    A U.S. government report reveals that crude inventories rose by 1.6 million barrels for the week ending Aug 9, very different to the 2.7 million barrels drawdown that energy analysts had expected.

  • Be Sure To Check Out Phillips 66 (NYSE:PSX) Before It Goes Ex-Dividend
    Simply Wall St.

    Be Sure To Check Out Phillips 66 (NYSE:PSX) Before It Goes Ex-Dividend

    Phillips 66 (NYSE:PSX) is about to trade ex-dividend in the next 4 days. This means that investors who purchase shares...

  • Ken Heebner's Firm Exits Zebra Technologies, Phillips 66
    GuruFocus.com

    Ken Heebner's Firm Exits Zebra Technologies, Phillips 66

    Guru's largest sales of the 2nd quarter Continue reading...

  • Do You Like Phillips 66 (NYSE:PSX) At This P/E Ratio?
    Simply Wall St.

    Do You Like Phillips 66 (NYSE:PSX) At This P/E Ratio?

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...

  • DCP Midstream, LP (DCP) Q2 2019 Earnings Call Transcript
    Motley Fool

    DCP Midstream, LP (DCP) Q2 2019 Earnings Call Transcript

    DCP earnings call for the period ending June 30, 2019.

  • Refining Sector Stocks MPC, VLO, PSX, and HFC Slump
    Market Realist

    Refining Sector Stocks MPC, VLO, PSX, and HFC Slump

    Refining sector stocks Marathon Petroleum, Valero Energy, Phillips 66, and HollyFrontier have slumped following the earnings season.

  • Top Research Reports: Chevron, AbbVie, Phillips 66 & More
    Zacks

    Top Research Reports: Chevron, AbbVie, Phillips 66 & More

    Top Research Reports: Chevron, AbbVie, Phillips 66 & More

  • Benzinga

    Jim Cramer Shares His Thoughts On Dropbox, Occidental Petroleum And More

    On CNBC's "Mad Money Lightning Round,"  Jim Cramer said Dropbox Inc (NASDAQ: DBX ) is doing well, but the stock is doing badly. He added that it would be a steal under $20. Arthur J Gallagher ...

  • Phillips 66 Partners' (PSXP) Q2 Earnings & Revenues Beat
    Zacks

    Phillips 66 Partners' (PSXP) Q2 Earnings & Revenues Beat

    Phillips 66 Partners (PSXP) benefits from a significant improvement in cash and cash equivalents through the June quarter.

  • Why MPC Stock Fell despite Earnings Beat
    Market Realist

    Why MPC Stock Fell despite Earnings Beat

    MPC stock performed in line with the equity market and its peers on Thursday. The SPDR S&P; 500 ETF (SPY), which represents the S&P; 500 Index, fell 0.9%.

  • Phillips 66 Partners LP (PSXP) Q2 2019 Earnings Call Transcript
    Motley Fool

    Phillips 66 Partners LP (PSXP) Q2 2019 Earnings Call Transcript

    PSXP earnings call for the period ending June 30, 2019.

  • 5 Top MLP Stocks to Buy Now
    Motley Fool

    5 Top MLP Stocks to Buy Now

    Take a look at the competitive advantages of top master limited partnerships (MLPs).

  • Marathon Petroleum (MPC) Beats on Q2 Earnings & Revenues
    Zacks

    Marathon Petroleum (MPC) Beats on Q2 Earnings & Revenues

    While Marathon Petroleum (MPC) posts better-than-expected results in Q2, the bottom-line declines y/y amid softer contribution from the Refining & Marketing segment, as well as higher costs.