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Phillips 66 (PSX) Stock Sinks As Market Gains: What You Should Know
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In the latest trading session, Phillips 66 (PSX - Free Report) closed at $289.20, marking a -2.72% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.33% for the day. Elsewhere, the Dow gained 1.08%, while the tech-heavy Nasdaq added 0.08%.
Prior to today's trading, shares of the oil refiner had gained 12.34% outpaced the Oils-Energy sector's gain of 5.67% and the S&P 500's gain of 1.41%.
Analysts and investors alike will be keeping a close eye on the performance of Phillips 66 in its upcoming earnings disclosure. The company's earnings report is set to go public on October 28, 2026. The company's upcoming EPS is projected at $10.87, signifying a 331.35% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $33.72 billion, down 3.6% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $29.7 per share and a revenue of $157.06 billion, representing changes of +361.18% and +15.01%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Phillips 66. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.03% higher. At present, Phillips 66 boasts a Zacks Rank of #1 (Strong Buy).
Investors should also note Phillips 66's current valuation metrics, including its Forward P/E ratio of 10.01. This denotes a premium relative to the industry average Forward P/E of 8.76.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 4, this industry ranks in the top 2% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. 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.
View the Zacks #1 Rank List
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Phillips 66 (PSX) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Phillips 66 (PSX - Free Report) closed at $289.20, marking a -2.72% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.33% for the day. Elsewhere, the Dow gained 1.08%, while the tech-heavy Nasdaq added 0.08%.
Prior to today's trading, shares of the oil refiner had gained 12.34% outpaced the Oils-Energy sector's gain of 5.67% and the S&P 500's gain of 1.41%.
Analysts and investors alike will be keeping a close eye on the performance of Phillips 66 in its upcoming earnings disclosure. The company's earnings report is set to go public on October 28, 2026. The company's upcoming EPS is projected at $10.87, signifying a 331.35% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $33.72 billion, down 3.6% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $29.7 per share and a revenue of $157.06 billion, representing changes of +361.18% and +15.01%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Phillips 66. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.03% higher. At present, Phillips 66 boasts a Zacks Rank of #1 (Strong Buy).
Investors should also note Phillips 66's current valuation metrics, including its Forward P/E ratio of 10.01. This denotes a premium relative to the industry average Forward P/E of 8.76.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 4, this industry ranks in the top 2% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. 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.