Phillips 66 (PSX) Stock

About Phillips 66

Phillips 66 operates as a diversified energy company, specializing in both manufacturing and logistics. Its comprehensive business model is structured across four primary segments: Midstream, Chemicals, Refining, and Marketing & Specialties (M&S). The Midstream division manages the vital infrastructure for transporting and processing various energy commodities. This includes moving crude oil and other feedstocks, delivering refined petroleum products to market, offering terminaling and storage solutions, and handling natural gas liquids (NGLs) through processes like transportation, storage, fractionation, export, and marketing. It also provides fee-based processing services and oversees the gathering, processing, transportation, and marketing of natural gas. The Chemicals segment is dedicated to the production and distribution of a broad spectrum of chemical products. This encompasses olefins like ethylene, aromatics and styrenics such as benzene, cyclohexane, styrene, and polystyrene, alongside various specialty chemicals. These specialty products include organosulfur compounds, solvents, catalysts, and chemicals utilized in drilling and mining operations. Through its Refining segment, Phillips 66 transforms crude oil and other feedstocks into essential petroleum products. These include different grades of gasoline, distillates, aviation fuels, and renewable fuels, processed at its network of 12 refineries located in the United States and Europe. The Marketing & Specialties (M&S) segment focuses on the procurement, resale, and marketing of refined petroleum products like gasolines, distillates, and aviation fuels, primarily serving markets in the United States and Europe. This segment also manufactures and distributes specialized products, including base oils and lubricants. Phillips 66, founded in 1875, is headquartered in Houston, Texas.

Phillips 66 is led by CEO Mark E. Lashier, employs 13,200 people, headquartered in Houston, US, publicly traded since 2012.

Phillips 66 (PSX) stock trades at $206.81 with a market capitalization of $82.92B. The stock is valued at a price-to-earnings (P/E) ratio of 16.43, price-to-book of 2.33, price-to-sales of 0.49. Over the past 52 weeks the stock has ranged between $118.00 and $215.52, and currently trades 4.0% below its 52-week high. It pays a dividend yielding 2.97%.

On profitability, Phillips 66 generates a return on equity (ROE) of 14.55%, above the typical market average, return on capital employed of 11.64%, an operating margin of 4.67%, a net profit margin of 3.04%.

In its most recent fiscal year, Phillips 66 reported annual revenue of $132.2B, net profit of $4.4B, revenue has compounded at 15.7% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.95, a current ratio of 1.30, total assets of $73.7B, $1.1B in cash and equivalents.

PSX has an average daily trading volume of 2,610,885 shares, a beta of 0.67 (less volatile than the overall market).

Official website: www.phillips66.com