Last $68.36 USD
Change Today +1.32 / 1.97%
Volume 4.5M
PSX On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

phillips 66 (PSX) Snapshot

Open
$66.78
Previous Close
$67.04
Day High
$69.15
Day Low
$66.62
52 Week High
09/3/14 - $87.98
52 Week Low
12/16/14 - $64.02
Market Cap
37.8B
Average Volume 10 Days
5.5M
EPS TTM
$6.12
Shares Outstanding
553.5M
EX-Date
11/12/14
P/E TM
11.2x
Dividend
$2.00
Dividend Yield
2.77%
Current Stock Chart for PHILLIPS 66 (PSX)

phillips 66 (PSX) Details

Phillips 66 operates as an energy manufacturing and logistics company. It operates in four segments: Midstream, Chemicals, Refining, Marketing and Specialties. The Midstream segment transports crude oil and other feedstocks to its refineries and other locations, as well as delivers refined and specialty products. This segment also gathers, processes, transports, and markets natural gas; and transports, fractionates, and markets natural gas liquids in the United States. The Chemicals segment produces and markets ethylene, propylene, and other olefin products. This segment also manufactures and markets aromatics products, such as benzene, styrene, paraxylene, and cyclohexane, as well as polystyrene and styrene-butadiene copolymers. Additionally, it manufactures and markets various specialty chemical products, including organosulfur chemicals, solvents, catalysts, drilling chemicals, mining chemicals, and high-performance engineering plastics and compounds. The Chemicals segment operates worldwide. The Refining segment buys, sells, and refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, and aviation fuels in the United States, Europe, and Asia. The Marketing and Specialties segment purchases for resale and markets refined petroleum products comprising gasolines, distillates, and aviation fuels in the United States and Europe. This segment manufactures and sells specialty products, such as petroleum coke, waxes, solvents, and polypropylene. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.

13,500 Employees
Last Reported Date: 02/21/14
Founded in 1875

phillips 66 (PSX) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.4M
President
Total Annual Compensation: $717.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $633.5K
Executive Vice President of Refining
Total Annual Compensation: $626.8K
Executive Vice President of Legal, General Co...
Total Annual Compensation: $501.1K
Compensation as of Fiscal Year 2013.

phillips 66 (PSX) Key Developments

Potential Buyers Reportedly Check Refineries Of CITGO Petroleum

Potential buyers from at least six leading oil companies have visited refinery in Illinois of CITGO Petroleum Corporation and three firms have shown keen interest in its Texas plant, reported Reuters citing four sources familiar with efforts to sell the assets. It is unclear if CITGO's owner, Petróleos de Venezuela S.A., will go ahead with a sale of its U.S. refining and marketing unit. Both Venezuela's president and finance minister have said in the past month that Citgo's assets would not be sold. But Lazard Ltd, the investment bank hired by CITGO to carry out the sale, is still marketing the refinery, three people told Reuters. The sources familiar with the sale efforts said that visits to the Illinois refinery have been made as recently as this week. Sources told Reuters that teams from the following companies have carried out detailed inspections of the Illinois refinery: Reliance Industries Limited (BSE:500325), PBF Energy Inc. (NYSE:PBF), UTesoro Corporation (NYSE:TSO), Marathon Petroleum Corporation (NYSE:MPC), Valero Energy Corporation (NYSE:VLO) and Phillips 66 (NYSE:PSX). Sources said that Representatives from Phillips 66 visited the Lemont refinery this week. One of the source said, "I don't care what they are saying in Venezuela, potential buyers are still coming in." Gary Heminger, President of Chief Executive Officer of Marathon Petroleum in an interview with Reuters, declined to discuss the CITGO sale, but said the company would carefully weigh refineries on the auction block. Heminger said, "We will always study and do our homework and due diligence on assets that are available." The sources said that the three companies showing the deepest interest in the Corpus Christi refinery are Valero, Flint Hills Resources, LLC and Chevron Corporation (NYSE:CVX). The sources said that Chevron, which was examining reliability records at the Corpus Christi refinery last month, could add a crude distillation unit at Citgo's west plant to run sweet crude from the Eagle Ford oil fields in south Texas while the existing CDU continues to run sour crude oil like that produced by Venezuela. A CITGO spokesman did not respond to Reuters when asked about visits to the refineries made by potential buyers. Marathon, Phillips 66, Tesoro and Valero representatives declined to discuss their companies' possible interest in Citgo's assets. PBF and Reliance did not reply to requests for comment. A Chevron spokesman declined to discuss merger and acquisition activity.

Phillips 66 Provides Tax Rate Guidance for the Fourth Quarter of 2014

Phillips 66 provided tax rate guidance for the fourth quarter of 2014. The overall effective income tax rate for the coming quarter is expected to be in the mid-30s.

Phillips 66 Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Phillips 66 reported consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported earnings of $1,180 million or $2.09 per share compared to $535 million or $0.87 per share a year ago. Adjusted earnings were $1,140 million or $2.02 per share compared to $521 million or $0.85 per share a year ago. Adjusted income before taxes was $1,706 million. Net cash provided by operating activities was $429 million. The company funded $1.5 billion in capital expenditures and investments. For the nine months period, the company reported earnings of $3,615 million or $6.28 per share compared to $2,900 million or $4.65 per share a year ago. Adjusted earnings were $2,869 million or $4.98 per share compared to $2,835 million or $4.54 per share a year ago. Adjusted ROCE earnings were $3,019 million. Annualized adjusted ROCE was 14%. Annualized GAAP ROCE was 18%.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PSX:US $68.36 USD +1.32

PSX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Enbridge Inc C$55.16 CAD 0.00
Imperial Oil Ltd C$49.91 CAD 0.00
Marathon Petroleum Corp $84.73 USD +2.53
Suncor Energy Inc C$35.66 CAD 0.00
Valero Energy Corp $47.79 USD +0.76
View Industry Companies
 

Industry Analysis

PSX

Industry Average

Valuation PSX Industry Range
Price/Earnings 10.5x
Price/Sales 0.2x
Price/Book 1.7x
Price/Cash Flow 6.9x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PHILLIPS 66, please visit www.phillips66.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.