Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels. This segment also manufactures and markets specialty products, such as base oils and lubricants. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.
The Phillips 66 stock prediction for 2025 is currently $ 144.25, assuming that Phillips 66 shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 7.70% increase in the PSX stock price.
Valuation metrics show that Phillips 66 may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of PSX, demonstrate its potential to perform inline with the market. It currently has a Growth Score of D.
“We expect that the new government will sign this long-term programme with the IMF in 2024. Resultantly, we estimate some stability in PKR, which we expect to average Rs302 to a dollar in 2024 versus Rs280 in 2023 and may reach Rs324 by December 2024.”
may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of PHG, demonstrate its potential to outperform the market.
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.
In 2013 California Attorney General Kamala Harris sued ConocoPhillips and Phillips 66 for failing to properly inspect and maintain underground tanks used to store gasoline at more than 500 service stations in the state.
Good news for drivers everywhere – our fuel has 3 times more detergent than the minimum required by the EPA and 30% more than the minimum specified in the TOP TIER® Detergent Gasoline standard recommended by major car manufacturers.
"Phillips 66 continues to look to ways to position our organization to help advance its strategic priorities and enable more efficient ways of working. As a result, some positions are being eliminated. Total reductions amount to fewer than one percent of our employee count company wide.
Phillips 66 (NYSE: PSX) is a leading diversified and integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company's portfolio includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses.
This is the total amount of dividends paid out to shareholders in a year. Phillips 66's ( PSX ) ex-dividend date is August 20, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. Phillips 66 ( PSX ) pays dividends on a quarterly basis.
Phillips 66 earned revenue of $175.7 billion in 2023, and this was enough for it to rank 17th on the list. Its spike in revenue of more than $50 billion from 2022 also meant that Phillips 66 moved up 12 spots from 29th where it was found on the same list the year before.
The Koninklijke Philips N.V. stock price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on the current trend the price of PHG stock is predicted to drop by -0.51% tomorrow and gain 0.56% in the next 7 days.
Phillips 66 quote is equal to 134.830 USD at 2024-08-07. Based on our forecasts, a long-term increase is expected, the "PSX" stock price prognosis for 2029-08-01 is 259.514 USD. With a 5-year investment, the revenue is expected to be around +92.48%. Your current $100 investment may be up to $192.48 in 2029.
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