PSX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $264.58
P/E (TTM) 15.1
EPS (TTM) $17.52
Revenue (TTM) $152.17B
ROE (TTM) 24.0%
52W Range $127–$277

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About Phillips 66 Common Stock Company overview from Wikipedia

05 · wikidata

The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. Its name, dating back to 1927 as a trademark of the Phillips Petroleum Company, assisted in establishing the newly reconfigured Phillips 66. The company today was formed ten years after Phillips merged with Conoco to form ConocoPhillips. The merged company spun off its refining, chemical, and retail assets – known in the oil industry as downstream operations – into a new company bearing the Phillips 66 name. It began trading on the New York Stock Exchange on May 1, 2012, under the ticker PSX.

The company is engaged in refining, transporting, and marketing natural gas liquids (NGL) petrochemicals. It is also active in the research and development of emerging energy sources and partners with Chevron on chemicals through a joint venture known as Chevron Phillips Chemical.

Phillips 66 is ranked No. 29 on the Fortune 500 list and No. 74 on the Fortune Global 500 list as of 2022, with revenues of over $115 billion USD. Phillips 66 has approximately 14,000 employees worldwide and is active in the United States, United Kingdom, Germany, Austria, and Switzerland, and owns and licenses service station brands across the country, such as 76 and Conoco within the United States, and JET in Europe.

History

Beginning (1917–1927)

The Phillips Petroleum Company was founded by Lee Eldas "L.E." Phillips and Frank Phillips of Bartlesville, Oklahoma, and incorporated on June 13, 1917. The new company had assets of $3 million, 27 employees and land throughout Oklahoma and Kansas. After discovery of Texas's huge Panhandle gas field in 1918 and the Hugoton Field to its north in Kansas, Phillips became increasingly involved in the rapidly developing natural gas industry. In particular, the company specialized in extracting liquids from natural gas and, by 1925, was the nation's largest producer of natural gas liquids. According to the Phillips Petroleum Company Museum in Bartlesville, the "Phillips 66" name for the gasoline came about by a combination of events. The specific gravity of the gasoline was close to 66; the car testing the fuel did 66 miles per hour; and, the test took place on US Route 66. So, the naming committee unanimously voted for “Phillips 66.”

First service station (1927–1954)

The first Phillips 66 service station opened on November 19, 1927, at 805 E. Central Avenue in Wichita, Kansas. This station still stands, preserved by the local historical society. The first Phillips 66 service station built in Texas opened on July 27, 1928, on the corner of 5th and Main streets in Turkey, Texas. In 1932, the 76 brand, long familiar in the western U.S., was created by Union Oil Company of California (later Unocal). In 1946, Phillips purchased the Utah-based Wasatch Oil Co., bringing the Phillips 66 brand to the northern Rocky Mountain states and the far eastern portions of Oregon and Washington.

Motor oil (1954–2000)

Phillips was among the first oil companies to introduce a multi-grade motor oil, "TropArtic," in 1954. Such motor oils were designed to be used year-round in automobile engines, as opposed to single grades for which different grades of motor oils were recommended to meet weather variances. Phillips 66 sells motor oil under the Kendall brand.

Phillips also had gasoline stations in Canada's western provinces of Alberta, British Columbia, Manitoba, and Saskatchewan under the name Pacific 66 until the late 1970s.

In 1966, Phillips entered the West Coast market by purchasing Tidewater Oil Co.'s refining and marketing properties in that region and rebranding all Flying A distributorships and service stations to Phillips 66.

In 1967, Phillips became the nation's second oil company, after Texaco, to sell and market gasoline in all 50 states, by opening a Phillips 66 station at 2811 Seward Highway in Anchorage, Alaska. Phillips 66 would also open a second station at 1900 Muldoon Road, also in Anchorage. It were the only two Phillips 66 stations in the State of Alaska. Phillips 66 would sell both stations in the State to the Tesoro Alaskan Petroleum Corporation on February 17, 1973. However, Phillips' experiment in 50-state marketing was short-lived.

The company withdrew from gasoline marketing in the northeastern U.S. in 1972, followed by Alaska in February 1973, and sold the former Tidewater properties on the West Coast to The Oil & Shale Corporation (Tosco) in 1976. Today, Phillips 66 primarily operates in the Midwest and Southwest. In recent years, the 76, Phillips 66 and Conoco brand-names have begun to reappear in Eastern markets, including the New York City metro region, via a licensing deal with Motiva Enterprises.

Mergers (2000–2012)

Phillips Petroleum created a joint venture with Chevron Corporation's chemicals and plastics division in 2000 and also acquired ARCO Alaska from BP. It purchased Tosco, which included Circle K convenience stores and Union 76 gasoline, in 2001. In 1983, Phillips Petroleum purchased the General American Oil Company from owners Algur H. Meadows, Henry W. Peters, and Ralph G. Trippett.

In 2002, Phillips Petroleum merged with Conoco to form ConocoPhillips. The merged company continued marketing gasoline and other products under the Phillips 66, Conoco, and 76 brands. However, Phillips 66 Company licenses the Phillips 66 brand to Suncor Energy for its Phillips 66-branded stations in Colorado.

Spin-off from ConocoPhillips (2012–present)

In 2012, Phillips 66 was spun off from ConocoPhillips, creating a company about as big as Valero Energy, the largest refiner at the time.

In October 2013, two workers were injured in an accident at the company's Humber refinery, which resulted in Phillips 66 being fined more than £1.2 million by the Health and Safety Executive in May 2020.

On December 30, 2013, it was announced that Berkshire Hathaway would trade more than 19 million of its 27.2 million shares in Phillips 66 to acquire a business that makes additives that help crude oil flow through pipelines. The final number of shares was determined when the deal closed.

On February 17, 2015, Phillips 66 sold two natural gas pipeline systems to its affiliate, Phillips 66 Partners, for $1.01 billion in cash and stock. In 2025, Phillips 66 bought the NGL companies EPIC Y-Grade GP LLC and EPIC Y-Grade LP for $2.2 billion, which own NGL pipelines, as well as fractionation and distribution systems and several subsidiaries. The purchase Phillips 66 connected operations in the Permian basin with Gulf Coast refineries and export sites.

In December 2017, Phillips 66 made a bid to acquire Propel Fuels and both companies began working together with Propel disclosing proprietary data and strategies. In August 2018, Phillips 66 terminated the acquisition deal. In February 2022, Propel filed a lawsuit against Phillips 66’s California business, after Phillips 66 started to develop a renewable fuel business. In October 2024, a jury ordered Phillips 66 to pay $604.9 million in damages to Propel for violating the California Uniform Trade Secrets Act.

In January 2023, Phillips 66 acquired all of the publicly traded stocks of DCP Midsteam's pipeline operations for $3.8 billion. Through this acquisition the total amount of Phillips 66’s stake in DCP doubled to 86.8%.

Marketing

From the late 1930s until the 1960s, Phillips employed registered nurses as spokespersons for their company, calling them "Highway Hostesses". They made random visits to Phillips 66 stations within their districts. The nurses inspected station restroom facilities to ensure they were clean and stocked with supplies. They also served as concierges, spreading goodwill for the company by helping motorists identify suitable dining and lodging facilities. (Union 76 employed similar hostesses, called the "Sparkle Corps".)

In 1973, Phillips began billing itself as "The Performance Company," promoting innovations with asphaltic materials, fertilizers, and other non-automotive products as well as its traditional automotive products. Other slogans have included: "Go first-class.... Go Phillips 66"; "The gasoline that won the West"; "Good things for cars and the people who drive them"; "Hard working gas"; and "At Phillips 66, it's performance that counts." Their slogan as of July 2015 is "Proud To Be Here". Phillips 66's newest slogan as of 2017 is “Live To The Full”.

Phillips 66 has long been a supporter of basketball in the Midwest and Southwest, particularly at the collegiate and senior amateur level. The men's and women's conference basketball tournaments of the Big Eight Conference, which featured multiple universities in Phillips 66's footprint, was officially sponsored by the firm since the 1980s: the sponsorship would move to its successor, the Big 12 Conference, in 1997, and Phillips remains the tournament's presenting sponsor to this day. Company employees founded the Phillips 66ers team in 1919, initially playing against other Bartlesville and Tulsa-area company teams or athletic clubs. Chairman Frank Phillips would later expand the team to play a high-quality, nationwide schedule against other amateur teams while marketing Phillips 66 products. Before the foundation of the NBA after World War II, many top collegiate players would continue to play organized ball on these "industrial" teams while earning a living as corporate employees and keeping their amateur status to play in the Olympics. The most notable 66er was Bob Kurland, who won two NCAA titles at nearby Oklahoma A&M and was considered one of American basketball's first great "big men". The 7-footer passed up the opportunity to play pro for a marketing job at Phillips, winning three AAU titles and two Olympic gold medals while eventually rising to the executive level and helping to develop self-serve gas stations. Rising pro salaries and the resulting loss of national media coverage spelled doom for senior AAU ball, though, and the 66ers would close up shop after losing in the 1968 AAU quarterfinals.

Phillips 66 sponsored PBS programming during the 1980s. It funded A.M. Weather; The Search for Solutions; and Onstage with Judith Somogi.

Logo

The Phillips 66 shield logo, linking it to U.S. Route 66, was introduced in 1930. After a series of changes to the color scheme including the popular dark green with orange and blue trim, the company settled on black and orange color scheme that would last nearly thirty years. In 1959, Phillips replaced these colors with red, white and black, the one still deployed. The first design had the second 6 lower than the first; the current design does not.

Operations

In the United States, the company operates Conoco, Phillips 66 and 76 stations. In Europe, Phillips 66 operates Jet filling stations in Austria, Denmark, Germany, Sweden and the United Kingdom. It sold its Jet stations in Belgium, the Czech Republic, Finland, Hungary, Poland and Slovakia to its Russian affiliate, Lukoil. It uses the Coop identity in Switzerland. The company is the fourth largest finished lubricants supplier in the United States. Phillips 66 has stations in 44 U.S. states, just behind Shell Oil Company and ExxonMobil, lacking a presence in Alaska, Delaware, Maine, New Hampshire, Vermont, and West Virginia.

Phillips 66 owns 13 refineries with a net crude oil capacity of 2.2 million barrels per day (350×10^3 m3/d), 10,000 branded marketing outlets, and 15,000 miles (24,000 km) of pipelines. It has 50 percent stake in DCP Midstream, LLC, a natural gas gatherers and processors with 7.2 billion cubic feet per day (200×10^6 m3/d) of processing capacity. It also owns 50 percent stake in Chevron Phillips Chemical Co.

Phillips 66 also owns a one-quarter share in the controversial Dakota Access Pipeline.

Refineries

  • Denotes joint ventures.

Sources (Mar 31, 2011)

In 2015, the Los Angeles refinery was processing 21,512 barrels per day of Amazonian oil. Phillips 66's Los Angeles (CA), Lake Charles (LA), San Francisco (CA), and Sweeney (TX) refineries were receiving and processing crude oil from the Amazon River Basin of South America. The San Francisco Refinery converted from fossil fuels to renewable diesel fuel. Closure of the Los Angeles Refinery was announced in 2024.

Corporate affairs

In 2012, after Phillips 66 split from ConocoPhillips, it moved its operations from the ConocoPhillips headquarters to the Pinnacle Westchase building, a nine-story Class A office building located on 8.4 acres (3.4 ha) of land in Westchase, Houston. This was a temporary headquarters location.

In July 2016, Phillips 66 completed its move to a new permanent headquarters on a 14-acre (5.7 ha) plot of land in Westchase. The new headquarters is between Westheimer Road and Briar Forest, in close proximity to the Sam Houston Tollway. Phillips 66 purchased the land from a subsidiary of Thomas Properties Group. The architect of record is HOK. The official groundbreaking was in November 2013, and the opening was completed on schedule. The 1.1 million square foot headquarters includes conference spaces, medical facilities, food service facilities, outdoor recreational space, a gymnasium with full-size basketball court, and training facilities. Irrigation of the outdoor landscaping is via a reclaimed water system. The new campus houses 2,200 workers who were spread among six different Houston locations, including the ConocoPhillips headquarters, where several hundred Phillips 66 workers had remained post spin-off.

On 4 August 2015 it was announced that the company had formed a "long-term partnership" with English non-league association football club Leamington F.C. The deal involved, amongst other things, the renaming of the club's ground from "The New Windmill Ground" to "The Phillips 66 Community Stadium."

Environmental issues

Pollution of the Calcasieu Estuary Bayou Verdine

In 2003, the U.S. Environmental Protection Agency completed a remedial investigation for the Calcasieu Estuary. EPAs investigation found that contamination in Bayou Verdine did not pose a threat to people but was harmful to plants and animals.

In 2010, Phillips 66 and Sasol signed a consent decree agreeing to clean up the Bayou Verdine. In December 2011, EPA approved the removal action work plan. Cleanup work began in September 2012.

Bayou Verdine is located in a heavily industrialized area; over 30 major companies are active nearby. The two companies responsible for cleaning up the bayou, Phillips 66 and Sasol North America (the cleanup parties), operate a petroleum refinery and a petrochemical complex. Both of these facilities have operated for decades, during which time their operations contaminated bayou sediments with polycyclic aromatic hydrocarbons (PAHs) and heavy metals. Cleanup work began in September 2012. The cleanup parties first prepared a settling basin to receive sediments to be dredged from the bayou. Two pre-existing ponds on the refinery property had been created decades ago to provide fill for construction of nearby Interstate 10. One of these ponds (the east pond) was converted into the settling basin. It was emptied by pumping the water into the bayou. The bottom sediments were solidified by mixing in fly ash and a drainage system was placed at the bottom of the basin. Finally, the cleanup parties installed a flexible membrane liner on the bottom of the settling basin as an extra precaution. Bayou dredging followed. The cleanup parties used hydraulic dredging and mechanical excavation techniques to remove the top 1 to 2 feet of sediments from about 7,000 feet of the bayou on the Phillips 66 refinery property and downstream. The dredged sediment and water mixture (slurry) was then pumped through a pipeline to the settling basin, where the sediment was allowed to separate from the water by gravity settling. The water was tested and then released into the bayou in accordance with a discharge permit from the state. About 30,000 cubic yards of bayou sediments were placed in the containment cell. Dredging was completed in February 2014. During the cleanup process, EPA provided updates to the Calcasieu Estuary Task Force (a group of local leaders). EPA and the cleanup parties also provided fact sheets to the task force and others to keep the community informed during the cleanup.

Violation on the Clean Water Act

On November 21, 2024, Phillips 66 was indicted in U.S. federal court on six counts of violating the Clean Water Act.

Carbon footprint

Phillips 66 reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 30,050 Kt (-4,690 /-13.5% y-o-y).

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorEnergy industryEnergy employees12,600 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$132.38B
2016-12-31 → 2025-12-31
EPS$10.79
2016-12-31 → 2025-12-31
Net margin4.7%
2016-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend PSX 5Y avg Peer Median Verdict
P/E (TTM) 15.15Y avg ≈14.5 ≈14.5 9.2 Fair value

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Payout Ratio43.6%
Annualized Payout≈$5.08Paid quarterly
5Y Div CAGR≈5.9%Per share, split-adjusted
Growth Streak≈12Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Aug 18, 2026$1.27USD≈2.1%
May 18, 2026$1.27USD≈2.7%
Feb 23, 2026$1.27USD≈3.1%
Nov 17, 2025$1.20USD≈3.5%
Aug 19, 2025$1.20USD≈3.8%
May 19, 2025$1.20USD≈3.8%
Feb 24, 2025$1.15USD≈3.6%
Nov 18, 2024$1.15USD≈3.4%
Aug 20, 2024$1.15USD≈3.3%
May 17, 2024$1.15USD≈2.9%
Feb 16, 2024$1.05USD≈2.9%
Nov 16, 2023$1.05USD≈3.7%
Aug 17, 2023$1.05USD≈3.6%
May 19, 2023$1.05USD≈4.3%
Feb 17, 2023$1.05USD≈4.0%
Nov 16, 2022$0.97USD≈3.6%
Aug 17, 2022$0.97USD≈4.2%
May 20, 2022$0.97USD≈4.0%
Feb 18, 2022$0.92USD≈4.3%
Nov 16, 2021$0.92USD≈4.7%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 48.6%
Next Report Oct 27, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 23, 2026 $9.41 $7.51 25.2%
March 31, 2026 $0.49 $-0.40 221.3%
Dec. 31, 2025 $2.47 $2.19 13.0%
Sept. 30, 2025 $2.52 $2.19 15.2%
June 30, 2025 $2.38 $1.72 38.1%
March 31, 2025 $-0.90 $-0.74 -21.3%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 14
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $132.38B$143.15B$147.40B$169.99B$111.48B$64.13B$107.29B$111.46B$102.35B$84.28B$98.97B$161.21B
Cost of Revenue $116.09B$129.96B$128.09B$149.93B$102.10B$57.71B$95.53B$97.93B$79.41B$62.47B··
R&D Expense $6M$15M$27M$42M$47M$48M$54M$55M$60M$60M$65M$62M
SG&A Expense $2.44B$2.81B$2.52B$2.17B$1.74B$1.54B$1.68B$1.68B$1.70B$1.64B$1.67B$1.66B
Interest Income ······$43M$45M$31M$18M$27M$21M
Other Non-op $312M$85M$128M$75M$78M$52M$76M$16M$67M$56M$91M$99M
Pretax Income ·····$-4.96B$4.18B$7.45B$3.56B$2.19B$6.04B$5.75B
Income Tax $892M$500M$2.23B$3.25B$146M$-1.25B$801M$1.57B$-1.69B$547M$1.76B$1.65B
Net Income $4.40B$2.12B$7.01B$11.02B$1.32B$-3.98B$3.08B$5.59B$5.11B$1.55B$4.23B$4.76B
EPS (Basic) $10.82$5.01$15.56$23.36$2.97$-9.06$6.80$11.87$9.90$2.94$7.78$8.40
EPS (Diluted) $10.79$4.99$15.48$23.27$2.97$-9.06$6.77$11.80$9.85$2.92$7.73$8.33
Shares (Basic) 406,008,000420,174,000450,136,000471,497,000440,028,000439,530,000451,364,000470,708,000515,090,000527,531,000542,355,000565,902,000
Shares (Diluted) 408,053,000421,888,000453,210,000473,731,000440,364,000439,530,000453,888,000474,047,000518,508,000530,066,000546,977,000571,504,000
EBITDA $3.25B$2.36B$1.98B$1.63B$1.60B$1.40B······
Balance Sheet 26
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $1.12B$1.74B$3.32B$6.13B$3.15B$2.51B$1.61B$3.02B$3.12B$2.71B$3.07B$5.21B
Receivables $9.77B$11.03B$11.73B$10.98B$7.47B$6.52B$8.51B$6.17B$7.51B$6.40B·$2M
Inventory $5.10B$4.00B$3.75B$3.28B$3.39B$3.89B$3.78B$3.54B$3.40B$3.15B$3.48B$3.40B
Prepaid Expense $1.29B$1.14B$1.14B$1.53B$686M$347M$495M$474M$370M$422M$532M$833M
Current Assets $17.27B$17.91B$19.94B$21.92B$14.70B$13.28B$14.39B$13.21B$14.39B$12.68B$12.26B$16.69B
PP&E (Net) ·······$22.02B$21.46B$20.86B$19.72B$17.35B
PP&E (Gross) ·······$35.20B$33.74B$31.99B$30.31B$27.14B
Accum. Depreciation ·······$13.18B$12.28B$11.13B$10.59B$9.80B
Goodwill $1.43B$1.57B$1.55B$1.49B$1.48B$1.43B$3.27B$3.27B$3.27B$3.27B$3.27B$3.27B
Intangibles $978M$1.16B$920M$831M$813M$843M$869M$869M$876M$888M$906M$900M
Other Non-current Assets $3.00B$2.29B$2.08B$2.09B$1.69B$1.84B$1.83B$515M$434M$426M$279M$291M
Total Assets $73.68B$72.58B$75.50B$76.44B$55.59B$54.72B$58.72B$54.30B$54.37B$51.65B$48.58B$48.69B
Accounts Payable ···$10.75B$7.63B$5.17B$8.04B$6.11B$7.24B$6.39B$5.16B$7.49B
Short-term Debt ······$0$0$0$0$0$0
Current Liabilities $13.33B$15.09B$15.86B$15.89B$12.80B$9.52B$11.65B$8.94B$10.11B$9.46B$7.53B$11.09B
Capital Leases $1.30B$934M$790M$745M$725M$853M$806M·····
Deferred Tax $7.31B$7.10B$7.42B$6.67B$5.47B$5.64B$5.55B$5.28B$5.01B$6.74B$6.04B$5.49B
Total Liabilities $43.44B$44.12B$43.85B$42.34B$33.96B$33.20B$31.55B$27.15B$26.94B$27.93B$24.64B$26.66B
Long-term Debt ···········$28M
Total Debt ······$0$0$0$1.00B$0$0
Common Stock $7M$7M$7M$7M$7M$6M$6M$6M$6M$6M$6M$6M
Retained Earnings $33.24B$30.77B$30.55B$25.43B$16.22B$16.50B$22.06B$20.49B$16.31B$12.61B$12.35B$9.31B
Treasury Stock $23.93B$22.75B$19.34B$15.28B$17.12B$17.12B$16.67B$15.02B$10.38B$8.79B$7.75B$6.23B
AOCI $-167M$-407M$-282M$-460M$-445M$-789M$-788M$-692M$-617M$-995M$-653M$-531M
Stockholders' Equity $29.09B$27.41B$30.58B$29.49B$19.17B$18.98B$24.91B$24.65B$25.09B$22.39B$23.10B$21.59B
Liabilities + Equity $73.68B$72.58B$75.50B$76.44B$55.59B$54.72B$58.72B$54.30B$54.37B$51.65B$48.58B$48.69B
Cash Flow 14
Metric Trend 202520242023202220212020201920182017201620152014
D&A $3.25B$2.36B$1.98B$1.63B$1.60B$1.40B$1.34B$1.36B$1.32B$1.17B$1.08B$995M
Deferred Tax $178M$-251M$840M$1.32B$-272M$126M$183M$252M$-1.89B$612M$529M$-488M
Amort. of Intangibles $138M$53M$33M$27M$26M$27M$17M$14M$21M$18M$13M·
Restructuring ··$177M$160M········
Other Non-cash $-2.87B$-38M$-2.80B$-3.16B$3.37B$4.57B······
Operating Cash Flow $4.96B$4.19B$7.03B$10.81B$6.02B$2.11B$4.81B$7.57B$3.65B$2.96B$5.71B$3.53B
Investing Cash Flow $-2.10B$-2.46B$-1.79B$-1.49B$-1.87B$-3.08B$-3.69B$-2.47B$-1.15B$-3.16B$-5.74B$-2.30B
Stock Issued $107M$86M$123M$103M$26M$8M$32M$39M$35M···
Stock Repurchased $1.21B$3.45B$4.01B$1.51B$0$443M$1.65B$4.64B$1.59B$1.04B$1.51B$2.28B
Net Stock Activity $-1.10B$-3.37B$-3.89B$-1.41B$26M$-435M$-1.62B$-4.64B$-1.59B$-1.04B$-1.51B$-2.28B
Dividends Paid $1.92B$1.88B$1.88B$1.79B$1.58B$1.57B$1.57B$1.44B$1.40B$1.28B$1.17B$1.06B
Financing Cash Flow $-3.54B$-3.31B$-8.09B$-6.39B$-3.47B$1.79B$-2.51B$-5.17B$-2.11B$-178M$-2.12B$-1.36B
Net Change in Cash $-622M$-1.58B$-2.81B$2.99B$633M$900M$-1.41B$-100M$408M$-363M$-2.13B$-193M
Taxes Paid $200M$1.19B$1.40B$2.07B$-1.06B$103M$955M$984M$-257M$-375M$1.56B$2.19B
Profitability 5
Metric Trend 202520242023202220212020201920182017201620152014
Net Margin 3.3%1.5%4.8%6.5%1.2%-6.2%2.9%5.0%5.0%1.8%4.3%2.9%
Pretax Margin ·····-7.7%3.9%6.7%3.5%2.6%6.1%3.6%
EBITDA Margin 2.5%1.7%1.3%0.96%1.4%2.2%······
ROA 6.0%2.9%9.2%16.7%2.4%-7.0%5.4%10.3%9.6%3.1%8.7%9.7%
ROE 15.6%7.3%23.4%45.3%6.9%-18.1%12.4%22.5%21.5%6.8%18.9%21.9%
Liquidity & Solvency 3
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 1.31.21.31.41.11.41.21.51.41.31.61.5
Quick Ratio 0.80.80.91.10.80.90.91.00.30.30.40.5
Debt / Equity ······0.00.00.00.00.00.0
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 1.81.91.92.62.01.11.92.11.91.72.03.3
Inventory Turnover 25.533.636.545.028.015.026.128.2····
Receivables Turnover 12.712.613.018.415.98.514.616.3···161212.0
Per Share 4
Metric Trend 202520242023202220212020201920182017201620152014
Revenue / Share $324.41$339.32$325.23$358.83$253.15$145.90$236.39$235.13$197.40$159.00$180.95$282.08
Cash Flow / Share $12.16$9.93$15.51$22.83$13.66$4.80$10.59$15.98$7.04$5.59$10.44$6.17
Dividend Paid / Share $4.75$4.50$4.20$3.83$3.62$3.60$3.50$3.10$2.73$2.45$2.18$1.89
EPS (TTM) $10.79$4.99$15.48$23.27$2.97$-9.06$6.77$11.80$9.85$2.92$7.73$8.33
Growth Rates 8
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY -7.5%-2.9%-13.3%52.5%73.8%·······
Revenue CAGR 3Y -8.0%8.7%32.0%·········
Revenue CAGR 5Y 15.6%···········
EPS YoY 116.2%-67.8%-33.5%683.5%········
EPS CAGR 3Y -22.6%18.9%··········
Net Income YoY 108.0%-69.8%-36.4%737.0%········
Net Income CAGR 3Y -26.4%17.1%··········
Dividends Paid CAGR 5Y 4.1%···········
Valuation (TTM) 6
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $132.38B$143.15B$147.40B$169.99B$111.48B$64.13B$107.29B$111.46B$102.35B$84.28B$98.97B$161.21B
Net Income TTM $4.40B$2.12B$7.01B$11.02B$1.32B$-3.98B$3.08B$5.59B$5.11B$1.55B$4.23B$4.76B
P/E 12.022.88.64.524.4-7.716.57.310.329.610.68.6
Earnings Yield 8.4%4.4%11.6%22.4%4.1%-13.0%6.1%13.7%9.7%3.4%9.4%11.6%
Payout Ratio 43.6%88.9%26.8%16.3%120.3%-39.6%51.0%25.7%27.3%82.4%27.7%22.3%
Annual Payout $1.92B$1.88B$1.88B$1.79B$1.58B$1.57B$1.57B$1.44B$1.40B$1.28B$1.17B$1.06B

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $132.38B $143.15B $147.40B $169.99B $111.48B
Net Income $4.40B $2.12B $7.01B $11.02B $1.32B
Diluted EPS $10.79 $4.99 $15.48 $23.27 $2.97

Institutional owners (13F) 2,259 filers · $59.8B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 2,259
Value held $59.8B
New positions 143
Exited positions 155
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
143 (-241 vs prior Q) 155 (+60 vs prior Q) 811 (+121 vs prior Q) 744 (-6 vs prior Q) +6.3M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $6,701,052,104 51,930,038 11.20% Shares
BlackRock, Inc. $5,766,779,122 34,112,861 9.64% Shares
VANGUARD CAPITAL MANAGEMENT LLC $4,426,292,782 26,183,335 7.40% Shares
STATE STREET CORP $4,402,855,521 26,044,694 7.36% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $3,755,330,627 22,214,319 6.28% Shares
Elliott Investment Management L.P. $3,254,381,550 19,251,000 5.44% Shares
WELLS FARGO & COMPANY/MN $2,109,641,488 12,479,393 3.53% Shares
GEODE CAPITAL MANAGEMENT, LLC $1,873,075,076 11,122,010 3.13% Shares
MORGAN STANLEY $1,218,274,883 7,206,592 2.04% Shares
Bank of New York Mellon Corp $1,093,206,463 6,466,764 1.83% Shares
GOLDMAN SACHS GROUP INC $948,923,386 5,613,271 1.59% Shares
AQR CAPITAL MANAGEMENT LLC $758,951,114 4,489,507 1.27% Shares
NORGES BANK $704,035,942 4,164,661 1.18% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $691,116,972 4,088,240 1.16% Shares
Invesco Ltd. $632,553,839 3,741,815 1.06% Shares
FMR LLC $630,236,714 3,728,108 1.05% Shares
NORTHERN TRUST CORP $606,007,059 3,584,780 1.01% Shares
DIMENSIONAL FUND ADVISORS LP $525,215,487 3,106,122 0.88% Shares
Amundi $500,093,008 2,958,255 0.84% Shares
BANK OF AMERICA CORP /DE/ $469,970,348 2,780,067 0.79% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $422,958,014 2,321,649 0.71% Shares
UBS Group AG $405,842,561 2,400,725 0.68% Shares
VANGUARD FIDUCIARY TRUST CO $381,126,606 2,254,520 0.64% Shares
JPMORGAN CHASE & CO $336,629,327 1,934,094 0.56% Shares
Legal & General Group Plc $303,648,115 1,796,203 0.51% Shares
HARRIS ASSOCIATES L P $297,171,474 1,757,891 0.50% Shares
Nuveen, LLC $293,483,603 1,736,076 0.49% Shares
Boston Partners $286,091,440 1,690,972 0.48% Shares
DEUTSCHE BANK AG\ $271,127,801 1,603,832 0.45% Shares
NEUBERGER BERMAN GROUP LLC $262,118,717 1,547,269 0.44% Shares
ROYAL BANK OF CANADA $241,230,000 1,426,974 0.40% Shares
MACKENZIE FINANCIAL CORP $238,379,772 1,410,114 0.40% Shares
RAYMOND JAMES FINANCIAL INC $234,237,201 1,385,609 0.39% Shares
CITADEL ADVISORS LLC $230,545,318 1,363,770 0.39% Shares
HSBC HOLDINGS PLC $227,887,324 1,338,613 0.38% Shares
Mariner, LLC $221,843,355 1,311,840 0.37% Shares
LOS ANGELES CAPITAL MANAGEMENT LLC $211,019,876 1,248,269 0.35% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $201,697,781 1,193,125 0.34% Shares
WELLINGTON MANAGEMENT GROUP LLP $199,303,357 1,178,961 0.33% Shares
Swiss National Bank $191,187,098 1,130,950 0.32% Shares
VICTORY CAPITAL MANAGEMENT INC $186,515,570 1,103,316 0.31% Shares
MARSHALL WACE, LLP $183,712,044 1,086,732 0.31% Shares
ENVESTNET ASSET MANAGEMENT INC $170,542,583 1,008,833 0.29% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $166,156,136 982,876 0.28% Shares
Merewether Investment Management, LP $163,530,687 967,351 0.27% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $159,794,682 945,251 0.27% Shares
Qube Research & Technologies Ltd $159,419,729 943,033 0.27% Shares
Vanguard Global Advisers, LLC $150,642,653 891,113 0.25% Shares
LPL Financial LLC $148,132,087 876,262 0.25% Shares
VANGUARD ASSET MANAGEMENT, Ltd $145,983,635 863,553 0.24% Shares

Show all 2,259 institutional owners →

Activists & 5%+ owners 5 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Link Co April 3, 2026 10.00% Initial filing Passive investment SEC
DCP Midstream, LLC (“ Midstream ”), DCP Midstream GP, LLC (the “ GP LLC ”), DCP Midstream GP, LP (the “ General Partner ”), Phillips 66 (“ PSX ”), Phillips 66 Company (“ P66Co ”), Phillips 66 Project Shareholder Inc. (“ P66 Project Shareholder ”), Phillips 66 Project Development Inc. (“ P66 Project Development ”), Phillips Gas Company LLC (“ PGC ”) ×2 filings June 15, 2023 · Initial filing M&A / sale SEC
DCP Midstream, LLC (“Midstream”), DCP Midstream GP, LLC (“GP LLC”), DCP Midstream GP, LP (the “General Partner”), Phillips 66 (“PSX”), Phillips 66 Company (“P66Co”), Phillips 66 Project Shareholder Inc. (“P66 Project Shareholder”), Phillips 66 Project Development Inc. (“P66 Project Development”), Phillips Gas Company LLC (“PGC”) Aug. 26, 2022 · Initial filing · SEC
PHILLIPS 66, PHILLIPS 66 COMPANY, PHILLIPS 66 PROJECT DEVELOPMENT INC. ×6 filings March 10, 2022 · Initial filing M&A / sale SEC
; PHILLIPS 66, PHILLIPS 66 COMPANY, PHILLIPS 66 PROJECT DEVELOPMENT INC. ×2 filings Aug. 2, 2019 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 41 insiders · 15 officers · 21 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Mark E Lashier Chairman and CEO Feb. 10, 2026 A 110,532 0 0 $0
Kevin J Mitchell Exec. VP and CFO July 9, 2026 M 97,376 0 7 $-17,957,285
Greg G Maxwell Chief Financial Officer Feb. 3, 2015 A 30,123 0 0 $0
Timothy Garth Taylor President April 4, 2017 M 49,374 0 0 $0
Brian Mandell Executive Vice President Sept. 16, 2026 M 61,595 0 7 $-27,792,714
Ann M Kluppel SVP & Controller Sept. 10, 2026 G 25,361 0 4 $-1,651,232
Richard G Harbison EVP, Refining Aug. 12, 2026 M 39,094 0 1 $-11,657,896
Vanessa Allen Sutherland EVP, GC and Secretary July 21, 2026 S 27,537 0 5 $-7,437,386,644
Don Baldridge Executive Vice President April 1, 2026 F 32,603 0 1 $-1,200,000
Zhanna Golodryga Executive Vice President Feb. 11, 2025 A 30,520 0 0 $0
Timothy D. Roberts Executive Vice President May 16, 2024 M 48,365 0 0 $0
Joseph Scott Pruitt Vice President and Controller March 20, 2024 M 6,583 0 0 $0
Greg C. Garland Executive Chairman Feb. 9, 2024 F 655,332 0 0 $0
Chukwuemeka A. Oyolu Vice President & Controller Feb. 9, 2021 A 27,899 0 0 $0
Lawrence Michael Ziemba Executive VP, Refining April 4, 2017 M 36,186 0 0 $0
Lisa Ann Davis Director Aug. 10, 2026 S 5,752 0 4 $-977,320
Kevin Omar Meyers Director May 6, 2026 P 16,799 2 0 $60,606
Howard I Ungerleider Director March 16, 2026 A 949 0 0 $0
Robert W Pease Director Jan. 15, 2026 A 5,599 0 0 $0
Andrew Nigel Hearne Director Jan. 15, 2026 A 2,518 0 0 $0
Douglas T Terreson Director Jan. 15, 2026 A 10,985 0 0 $0
Grace Puma Whiteford Director Jan. 15, 2026 A 3,456 0 0 $0
Denise R Singleton Director Jan. 15, 2026 A 10,985 0 0 $0
Julie L Bushman Director Jan. 15, 2026 A 14,841 0 0 $0
Sigmund L Cornelius Director Jan. 15, 2026 A 22,985 0 0 $0
Charles M Holley Director Jan. 15, 2026 A 18,419 0 0 $0
Glenn F Tilton Director Jan. 15, 2026 A 74,437 0 0 $0
Gary Kramer Adams Director Jan. 15, 2025 A 20,405 0 0 $0
Denise L Ramos Director Jan. 15, 2025 A 22,835 0 0 $0
John E Lowe Director Jan. 15, 2025 A 83,475 0 0 $0
Victoria J Tschinkel Director Jan. 15, 2021 A 60,890 0 0 $0
Harold Mcgraw III Director Jan. 15, 2021 A 52,622 0 0 $0
Brian J Ferguson Director Jan. 15, 2020 A 26,437 0 0 $0
William R Loomis Jr Director Jan. 16, 2018 A 22,624 0 0 $0
CONOCOPHILLIPS 10% owner April 30, 2012 J 0 0 0 $0
Michael A Heim · Jan. 15, 2026 A 13,485 0 0 $0
Marna C Whittington · Jan. 15, 2026 A 54,799 0 0 $0
Gregory Hayes · Jan. 15, 2026 A 31,420 0 0 $0
Robert A Herman · Aug. 8, 2022 F 68,904 0 0 $0
Paula Ann Johnson · June 7, 2022 M 102,489 0 0 $0
Charles Douglas Johnson · Dec. 10, 2014 G 1,155 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 144 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PXE · Invesco Exchange-Traded Fund Trust 5.44% 28,604 SH Oct. 1, 2026 Daily
IEO · iShares Trust 5.30% 155,140 SH Sept. 11, 2026 Daily
RSPG · Invesco Exchange-Traded Fund Trust 4.84% 113,162 SH Oct. 1, 2026 Daily
IYE · iShares Trust 4.20% 307,540 SH Sept. 11, 2026 Daily
ERX · Direxion Shares ETF Trust 3.48% 38,398 NS July 31, 2026 N-PORT
GEND · Spinnaker ETF Series 3.42% 785 NS July 31, 2026 N-PORT
FENY · FIDELITY COVINGTON TRUST 3.35% 318,310 NS July 31, 2026 N-PORT
VDE · VANGUARD WORLD FUND 3.00% 1,951,926 SH Aug. 19, 2026 Daily
FXN · First Trust Exchange-Traded AlphaDE… 2.86% 51,280 NS July 31, 2026 N-PORT
IXC · iShares Trust 2.66% 305,070 SH Sept. 11, 2026 Daily
IGE · iShares Trust 2.52% 78,318 SH Sept. 11, 2026 Daily
PXI · Invesco Exchange-Traded Fund Trust 2.30% 5,807 SH Oct. 1, 2026 Daily
SMRI · EA Series Trust 2.25% 68,533 NS July 31, 2026 N-PORT
RPV · Invesco Exchange-Traded Fund Trust 2.02% 129,906 SH Oct. 1, 2026 Daily
SPVM · Invesco Exchange-Traded Fund Trust 1.89% 9,663 SH Oct. 1, 2026 Daily
GUSH · Direxion Shares ETF Trust 1.87% 21,922 NS July 31, 2026 N-PORT
EIPX · First Trust Exchange-Traded Fund IV 1.77% 47,100 NS July 31, 2026 N-PORT
TEXN · iShares Trust 1.72% 1,250 SH Sept. 11, 2026 Daily
PWV · Invesco Exchange-Traded Fund Trust 1.65% 117,049 SH Oct. 1, 2026 Daily
IMCV · iShares Trust 1.46% 65,470 SH Sept. 11, 2026 Daily
VOE · VANGUARD INDEX FUNDS 1.17% 2,575,486 SH Aug. 19, 2026 Daily
DIVD · EA Series Trust 1.17% 1,188 NS July 31, 2026 N-PORT
IWS · iShares Trust 0.96% 562,227 SH Sept. 11, 2026 Daily
EQIN · Columbia ETF Trust I 0.90% 12,868 NS July 31, 2026 N-PORT
LSEQ · Harbor ETF Trust 0.87% 627 NS July 31, 2026 N-PORT
FTA · First Trust Exchange-Traded AlphaDE… 0.86% 56,891 NS July 31, 2026 N-PORT
RWL · Invesco Exchange-Traded Fund Trust … 0.77% 293,311 SH Oct. 1, 2026 Daily
IWR · iShares Trust 0.76% 1,643,123 SH Sept. 11, 2026 Daily
BKDV · BNY Mellon ETF Trust II 0.75% 65,221 NS July 31, 2026 N-PORT
MTUM · iShares Trust 0.73% 686,269 SH Sept. 11, 2026 Daily
IMCB · iShares Trust 0.73% 47,151 SH Sept. 11, 2026 Daily
VRP · Invesco Exchange-Traded Fund Trust … 0.67% 20,900,000 Oct. 1, 2026 Daily
VO · VANGUARD INDEX FUNDS 0.65% 8,688,739 SH Aug. 19, 2026 Daily
DGRO · iShares Trust 0.62% 1,035,561 SH Sept. 11, 2026 Daily
REVS · Columbia ETF Trust I 0.61% 9,567 NS July 31, 2026 N-PORT
SPMO · Invesco Exchange-Traded Fund Trust … 0.60% 545,405 SH Oct. 1, 2026 Daily
XOEF · iShares Trust 0.58% 502 SH Sept. 11, 2026 Daily
DFLV · Dimensional ETF Trust 0.58% 185,633 NS July 31, 2026 N-PORT
VFMO · VANGUARD WELLINGTON FUND 0.57% 67,029 SH Aug. 19, 2026 Daily
ESMV · iShares Trust 0.54% 163 SH Sept. 11, 2026 Daily
IUS · Invesco Exchange-Traded Self-Indexe… 0.52% 19,559 SH Oct. 1, 2026 Daily
FEX · First Trust Exchange-Traded AlphaDE… 0.45% 33,341 NS July 31, 2026 N-PORT
VFVA · VANGUARD WELLINGTON FUND 0.45% 22,348 SH Aug. 19, 2026 Daily
PRF · Invesco Exchange-Traded Fund Trust 0.44% 167,823 SH Oct. 1, 2026 Daily
FAB · First Trust Exchange-Traded AlphaDE… 0.43% 3,435 NS July 31, 2026 N-PORT
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.43% 9,330 NS July 31, 2026 N-PORT
DIVB · iShares Trust 0.43% 33,752 SH Sept. 11, 2026 Daily
PFM · Invesco Exchange-Traded Fund Trust 0.38% 11,373 SH Oct. 1, 2026 Daily
RECS · Columbia ETF Trust I 0.36% 99,471 NS July 31, 2026 N-PORT
PFIG · Invesco Exchange-Traded Fund Trust … 0.36% 500,000 Oct. 1, 2026 Daily
JMOM · J.P. Morgan Exchange-Traded Fund Tr… 0.36% 42,224 NS July 31, 2026 N-PORT
IVE · iShares Trust 0.35% 665,253 SH Sept. 11, 2026 Daily
FDMO · FIDELITY COVINGTON TRUST 0.34% 14,564 NS July 31, 2026 N-PORT
IUSV · iShares Trust 0.33% 350,931 SH Sept. 11, 2026 Daily
EVUS · iShares Trust 0.33% 4,843 SH Sept. 11, 2026 Daily
DFUV · Dimensional ETF Trust 0.32% 234,617 NS July 31, 2026 N-PORT
SUSL · iShares Trust 0.30% 14,150 SH Sept. 11, 2026 Daily
ILCV · iShares Trust 0.30% 15,651 SH Sept. 11, 2026 Daily
VIG · VANGUARD SPECIALIZED FUNDS 0.30% 2,265,086 SH Aug. 19, 2026 Daily
DSI · iShares Trust 0.29% 61,279 SH Sept. 11, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.28% 1,600,579 SH Aug. 19, 2026 Daily
DFVX · Dimensional ETF Trust 0.28% 6,907 NS July 31, 2026 N-PORT
SIZE · iShares Trust 0.26% 4,324 SH Sept. 11, 2026 Daily
IWD · iShares Trust 0.26% 836,334 SH Sept. 11, 2026 Daily
VTV · VANGUARD INDEX FUNDS 0.25% 3,816,252 SH Aug. 19, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.23% 7,224 SH Oct. 1, 2026 Daily
VOOV · VANGUARD ADMIRAL FUNDS 0.23% 92,319 SH Aug. 19, 2026 Daily
DXUV · Dimensional ETF Trust 0.23% 5,888 NS July 31, 2026 N-PORT
EUSA · iShares, Inc. 0.22% 16,105 SH Sept. 11, 2026 Daily
LGDX · Tidal Trust III 0.21% 1,387 NS July 31, 2026 N-PORT
BSCU · Invesco Exchange-Traded Self-Indexe… 0.21% 6,383,000 Oct. 1, 2026 Daily
RSP · Invesco Exchange-Traded Fund Trust 0.20% 750,899 SH Oct. 1, 2026 Daily
DYNF · BlackRock ETF Trust 0.20% 322,301 SH Sept. 11, 2026 Daily
EGLE · Global X Funds 0.19% 20 NS July 31, 2026 N-PORT
TOPC · iShares Trust 0.19% 243 SH Sept. 11, 2026 Daily
IWP · iShares Trust 0.19% 138,291 SH Sept. 11, 2026 Daily
BSCS · Invesco Exchange-Traded Self-Indexe… 0.18% 6,486,000 Oct. 1, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.18% 227,198 SH Aug. 19, 2026 Daily
XVV · iShares Trust 0.18% 4,629 SH Sept. 11, 2026 Daily
DFAC · Dimensional ETF Trust 0.17% 392,527 NS July 31, 2026 N-PORT
BSCR · Invesco Exchange-Traded Self-Indexe… 0.17% 7,817,000 Oct. 1, 2026 Daily
AMZA · ETFis Series Trust I 0.17% 3,737 NS July 31, 2026 N-PORT
ACWV · iShares, Inc. 0.17% 21,537 SH Sept. 11, 2026 Daily
DCOR · Dimensional ETF Trust 0.17% 26,134 NS July 31, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.16% 95,799 NS July 31, 2026 N-PORT
ESGU · iShares Trust 0.16% 111,092 SH Sept. 11, 2026 Daily
QVML · Invesco Exchange-Traded Fund Trust … 0.16% 10,374 SH Oct. 1, 2026 Daily
IVV · iShares Trust 0.16% 5,053,586 SH Sept. 11, 2026 Daily
ILCB · iShares Trust 0.16% 7,847 SH Sept. 11, 2026 Daily
PBP · Invesco Exchange-Traded Fund Trust 0.16% 2,372 SH Oct. 1, 2026 Daily
PBUS · Invesco Exchange-Traded Fund Trust … 0.16% 69,212 SH Oct. 1, 2026 Daily
IWB · iShares Trust 0.15% 277,782 SH Sept. 11, 2026 Daily
IYY · iShares Trust 0.15% 17,201 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.14% 110,879 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.14% 521,978 SH Sept. 11, 2026 Daily
TOV · EA Series Trust 0.14% 1,698 NS July 31, 2026 N-PORT
XYLG · Global X Funds 0.14% 411 NS July 31, 2026 N-PORT
CATH · Global X Funds 0.13% 8,173 NS July 31, 2026 N-PORT
CHRI · Global X Funds 0.13% 50 NS July 31, 2026 N-PORT
PTLC · Pacer Funds Trust 0.13% 20,382 NS July 31, 2026 N-PORT
BBUS · J.P. Morgan Exchange-Traded Fund Tr… 0.13% 55,473 NS July 31, 2026 N-PORT
BKLC · BNY Mellon ETF Trust 0.13% 34,118 NS July 31, 2026 N-PORT
XTR · Global X Funds 0.13% 30 NS July 31, 2026 N-PORT
XYLD · Global X Funds 0.13% 20,173 NS July 31, 2026 N-PORT
VOTE · TCW ETF Trust 0.13% 6,804 NS July 31, 2026 N-PORT
XRMI · Global X Funds 0.13% 309 NS July 31, 2026 N-PORT
XCLR · Global X Funds 0.13% 22 NS July 31, 2026 N-PORT
PHDG · Invesco Actively Managed Exchange-T… 0.13% 314 SH Oct. 1, 2026 Daily
DFUS · Dimensional ETF Trust 0.12% 122,569 NS July 31, 2026 N-PORT
TOK · iShares Trust 0.12% 1,135 SH Sept. 11, 2026 Daily
SPUU · Direxion Shares ETF Trust 0.12% 1,513 NS July 31, 2026 N-PORT
BSCT · Invesco Exchange-Traded Self-Indexe… 0.12% 3,764,000 Sept. 30, 2026 Daily
VOXP · Advisors Series Trust 0.12% 33 NS July 31, 2026 N-PORT
QDPL · Pacer Funds Trust 0.12% 9,638 NS July 31, 2026 N-PORT
USMV · iShares Trust 0.12% 107,112 SH Sept. 11, 2026 Daily
URTH · iShares, Inc. 0.11% 36,026 SH Sept. 11, 2026 Daily
VOO · VANGUARD INDEX FUNDS 0.11% 10,414,190 SH Aug. 19, 2026 Daily
VV · VANGUARD INDEX FUNDS 0.11% 468,259 SH Aug. 19, 2026 Daily
TILT · FlexShares Trust 0.11% 11,060 NS July 31, 2026 N-PORT
PEVC · Pacer Funds Trust 0.11% 12 NS July 31, 2026 N-PORT
HCMT · Direxion Shares ETF Trust 0.10% 2,790 NS July 31, 2026 N-PORT
VONE · VANGUARD SCOTTSDALE FUNDS 0.10% 66,473 SH Aug. 19, 2026 Daily
ACWI · iShares Trust 0.10% 126,017 SH Sept. 11, 2026 Daily
SPXL · Direxion Shares ETF Trust 0.10% 31,342 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.10% 10,529 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.09% 12,730,105 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.09% 33,753 SH Aug. 19, 2026 Daily
JFLI · J.P. Morgan Exchange-Traded Fund Tr… 0.08% 182 NS July 31, 2026 N-PORT
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.06% 336,180 SH Aug. 19, 2026 Daily
FEUS · FlexShares Trust 0.03% 168 NS July 31, 2026 N-PORT
IWF · iShares Trust 0.02% 92,116 SH Sept. 11, 2026 Daily
VONG · VANGUARD SCOTTSDALE FUNDS 0.01% 38,974 SH Aug. 19, 2026 Daily
BIV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BLV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BSV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BND · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VUSB · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VCRB · VANGUARD MALVERN FUNDS · · July 15, 2026 Daily
VPLS · VANGUARD MALVERN FUNDS · · July 15, 2026 Daily
VCSH · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VCIT · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VCLT · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VTC · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
BNDW · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily

PSX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 26 analysts BUY
Median target $249.00 -5.9%
4 15.4% Strong Buy
11 42.3% Buy
10 38.5% Hold
1 3.8% Sell
0 0.0% Strong Sell

12-Month Price Target

19 analysts · 2026-09-30

Mean target $254.05 -4.0%

Now Current price $264.58
Low$173.00 Mean$254.05 High$335.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
PSX · 12.0 -7.5% 3.3% 15.6% ·
MPC · 12.3 -4.4% 3.0% 23.1% ·
VLO $109.56B 21.5 -5.5% 1.9% 9.7% ·
DINO $10.29B 15.0 -6.0% 2.1% 6.3% ·
SUN · · 11.1% 2.1% · ·
PBF · -19.5 -11.4% -0.54% -2.9% ·
CVI $2.56B 94.2 -5.9% 0.38% 3.8% ·
CLMT $1.72B -50.9 -1.2% -0.82% 3.9% 5.9%
DK $2.29B -78.1 -9.5% -0.21% -5.4% ·
PARR · 4.9 -6.4% 5.0% 27.8% ·
SUNC · -492.8 11.1% -0.02% · ·

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Source: SEC 10-Q filed Aug 5, 2026