We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Phillips 66 (PSX) Rises As Market Takes a Dip: Key Facts
Read MoreHide Full Article
Phillips 66 (PSX - Free Report) ended the recent trading session at $159.38, demonstrating a +2.33% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.64%. Meanwhile, the Dow lost 0.59%, and the Nasdaq, a tech-heavy index, lost 0.59%.
The oil refiner's shares have seen a decrease of 11.89% over the last month, not keeping up with the Oils-Energy sector's loss of 3.68% and the S&P 500's gain of 9.33%.
The upcoming earnings release of Phillips 66 will be of great interest to investors. The company's earnings report is expected on April 29, 2026. The company is predicted to post an EPS of -$0.6, indicating a 33.33% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $29.53 billion, showing a 6.93% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $13.3 per share and a revenue of $130.82 billion, demonstrating changes of +106.52% and -4.2%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Phillips 66. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 15.6% upward. Currently, Phillips 66 is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Phillips 66 is holding a Forward P/E ratio of 11.71. Its industry sports an average Forward P/E of 11.38, so one might conclude that Phillips 66 is trading at a premium comparatively.
It is also worth noting that PSX currently has a PEG ratio of 0.28. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Oil and Gas - Refining and Marketing was holding an average PEG ratio of 0.47 at yesterday's closing price.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 33, which puts it in the top 14% 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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Phillips 66 (PSX) Rises As Market Takes a Dip: Key Facts
Phillips 66 (PSX - Free Report) ended the recent trading session at $159.38, demonstrating a +2.33% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.64%. Meanwhile, the Dow lost 0.59%, and the Nasdaq, a tech-heavy index, lost 0.59%.
The oil refiner's shares have seen a decrease of 11.89% over the last month, not keeping up with the Oils-Energy sector's loss of 3.68% and the S&P 500's gain of 9.33%.
The upcoming earnings release of Phillips 66 will be of great interest to investors. The company's earnings report is expected on April 29, 2026. The company is predicted to post an EPS of -$0.6, indicating a 33.33% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $29.53 billion, showing a 6.93% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $13.3 per share and a revenue of $130.82 billion, demonstrating changes of +106.52% and -4.2%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Phillips 66. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 15.6% upward. Currently, Phillips 66 is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Phillips 66 is holding a Forward P/E ratio of 11.71. Its industry sports an average Forward P/E of 11.38, so one might conclude that Phillips 66 is trading at a premium comparatively.
It is also worth noting that PSX currently has a PEG ratio of 0.28. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Oil and Gas - Refining and Marketing was holding an average PEG ratio of 0.47 at yesterday's closing price.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 33, which puts it in the top 14% 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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.