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

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Phillips 66 (PSX - Free Report) closed at $131.35 in the latest trading session, marking a -1.34% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.48% for the day. Elsewhere, the Dow gained 0.27%, while the tech-heavy Nasdaq added 0.94%.

Heading into today, shares of the oil refiner had gained 7.74% over the past month, outpacing the Oils-Energy sector's gain of 3.84% and the S&P 500's gain of 2.46%.

The investment community will be closely monitoring the performance of Phillips 66 in its forthcoming earnings report. The company is scheduled to release its earnings on October 29, 2025. On that day, Phillips 66 is projected to report earnings of $2.36 per share, which would represent year-over-year growth of 15.69%. At the same time, our most recent consensus estimate is projecting a revenue of $30.13 billion, reflecting a 16.69% fall from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $5.29 per share and a revenue of $129.1 billion, demonstrating changes of -13.98% and -11.27%, respectively, from the preceding year.

Investors might also notice recent changes to analyst estimates for Phillips 66. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 10.8% rise in the Zacks Consensus EPS estimate. Phillips 66 is holding a Zacks Rank of #3 (Hold) right now.

Looking at its valuation, Phillips 66 is holding a Forward P/E ratio of 25.18. Its industry sports an average Forward P/E of 16.57, so one might conclude that Phillips 66 is trading at a premium comparatively.

Meanwhile, PSX's PEG ratio is currently 1.91. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Oil and Gas - Refining and Marketing industry currently had an average PEG ratio of 1.48 as of yesterday's close.

The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 52, putting it in the top 22% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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