Phillips 66 operates as an energy manufacturing and logistics company. 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 fuels at 12 refineries in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels primarily in the United States and Europe. This segment also manufactures and markets specialty products, such as base oils and lubricants. The company was founded in 1875 and is headquartered in Houston, Texas.
Company profile
Ticker
PSX
Exchange
Website
CEO
Mr. Mark E. Lashier
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
KSIX Media Holdings, Inc., Mar Ked Mineral Exploration, Inc., NORTH AMERICAN ENERGY RESOURCES, INC., North American Energy Resources, Inc., Surge Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
Asamera Oil (US) Inc. • C.S. Land, Inc. • Centana Intrastate Pipeline, LLC • Central Retail Holdings LLC • Cimarron River Pipeline, LLC • Collbran Valley Gas Gathering, LLC • DCP Assets Holding GP, LLC • DCP Assets Holding LP • DCP Black Lake Holdings, LP • DCP Chesapeake LLC ...
IRS number
453779385
PSX stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Other Events
17 Oct 24
8-K
Phillips 66 provides notice of its plan to cease operations at Los Angeles-area refinery
16 Oct 24
8-K
Phillips 66 announces agreement to sell interest in Switzerland-based joint venture
15 Oct 24
8-K
Departure of Directors or Certain Officers
11 Oct 24
8-K
Entry into a Material Definitive Agreement
1 Oct 24
8-K
Other Events
11 Sep 24
424B2
Prospectus for primary offering
10 Sep 24
FWP
Free writing prospectus
9 Sep 24
424B3
Prospectus supplement
9 Sep 24
10-Q
2024 Q2
Quarterly report
30 Jul 24
Transcripts
PSX
Earnings call transcript
2024 Q2
30 Jul 24
PSX
Earnings call transcript
2024 Q1
26 Apr 24
PSX
Earnings call transcript
2023 Q4
31 Jan 24
PSX
Earnings call transcript
2023 Q3
27 Oct 23
PSX
Earnings call transcript
2023 Q2
2 Aug 23
PSX
Earnings call transcript
2023 Q2
2 Aug 23
PSX
Earnings call transcript
2023 Q1
3 May 23
PSX
Earnings call transcript
2022 Q4
31 Jan 23
PSX
Earnings call transcript
2022 Q3
1 Nov 22
PSX
Earnings call transcript
2022 Q2
29 Jul 22
Latest ownership filings
4
Grace Puma Whiteford
11 Oct 24
3
Grace Puma Whiteford
11 Oct 24
4
GREGORY HAYES
2 Oct 24
4
GREGORY HAYES
4 Sep 24
4
Kevin J Mitchell
19 Aug 24
144
Notice of proposed sale of securities
15 Aug 24
4
GREGORY HAYES
2 Aug 24
4
GREGORY HAYES
2 Jul 24
11-K
Annual report of employee stock purchases
21 Jun 24
144
Notice of proposed sale of securities
13 Jun 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.44 bn | 2.44 bn | 2.44 bn | 2.44 bn | 2.44 bn | 2.44 bn |
Cash burn (monthly) | (no burn) | 48.75 mm | 12.27 bn | 9.13 bn | (no burn) | (no burn) |
Cash used (since last report) | n/a | 183.06 mm | 46.09 bn | 34.28 bn | n/a | n/a |
Cash remaining | n/a | 2.26 bn | -43.65 bn | -31.84 bn | n/a | n/a |
Runway (months of cash) | n/a | 46.4 | -3.6 | -3.5 | n/a | n/a |
Institutional ownership, Q2 2024
75.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1761 |
Opened positions | 149 |
Closed positions | 207 |
Increased positions | 616 |
Reduced positions | 668 |
13F shares | Current |
---|---|
Total value | 41.42 tn |
Total shares | 313.81 mm |
Total puts | 2.36 mm |
Total calls | 2.72 mm |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 40.98 mm | $5.78 tn |
BLK BlackRock | 30.84 mm | $4.35 tn |
STT State Street | 28.68 mm | $4.05 tn |
WFC Wells Fargo & Company | 16.62 mm | $2.35 tn |
Wellington Management | 12.80 mm | $1.81 tn |
Geode Capital Management | 8.48 mm | $1.19 tn |
Harris Associates L P | 8.45 mm | $1.19 tn |
BK The Bank of New York Mellon Corporation | 8.42 mm | $1.19 tn |
BCS Barclays | 7.75 mm | $1.09 bn |
MS Morgan Stanley | 6.75 mm | $953.42 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Oct 24 | Whiteford Grace Puma | Common Stock | Grant | Acquire A | No | No | 135.645 | 333 | 45.17 k | 333 |
1 Oct 24 | Gregory Hayes | Common Stock | Grant | Acquire A | No | No | 131.715 | 95 | 12.51 k | 18,029.681 |
3 Sep 24 | Gregory Hayes | Common Stock | Grant | Acquire A | No | No | 135.995 | 83 | 11.29 k | 17,934.681 |
15 Aug 24 | Kevin J Mitchell | Common Stock | Sell | Dispose S | No | No | 139.0137 | 30,000 | 4.17 mm | 81,937 |
15 Aug 24 | Kevin J Mitchell | Common Stock | Option exercise | Acquire M | No | No | 74.7 | 30,000 | 2.24 mm | 111,937 |
15 Aug 24 | Kevin J Mitchell | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 74.7 | 30,000 | 2.24 mm | 57,200 |
News
B of A Securities Reinstates Buy on Phillips 66, Announces $156 Price Target
17 Oct 24
What's Going On With Phillips 66 Stock Today?
17 Oct 24
Why Oil & Gas Company Phillips 66 Shares Are Falling On Tuesday?
15 Oct 24
Phillips 66 Subsidiary Enters Definitive Deal To Sell Its 49% Non-operated Equity Interest In Coop Mineraloel AG To Its Swiss JV Partner; To Receive Cash Of $1.24B
14 Oct 24
Scotiabank Maintains Sector Outperform on Phillips 66, Lowers Price Target to $136
10 Oct 24
Press releases
Phillips 66 provides notice of its plan to cease operations at Los Angeles-area refinery
16 Oct 24
Phillips 66 announces agreement to sell interest in Switzerland-based joint venture
14 Oct 24
Phillips 66 Announces Quarterly Dividend
11 Oct 24
Phillips 66 Appoints Grace Puma Whiteford to Board of Directors
11 Oct 24
Phillips 66 to Announce Third-Quarter Financial Results
12 Sep 24