Q1 EPS Estimates for Phillips 66 Decreased by Zacks Research

Phillips 66 (NYSE:PSX) – Stock analysts at Zacks Research decreased their Q1 2025 EPS estimates for Phillips 66 in a research report issued to clients and investors on Wednesday, December 11th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn $1.71 per share for the quarter, down from their previous forecast of $1.75. The consensus estimate for Phillips 66’s current full-year earnings is $7.56 per share. Zacks Research also issued estimates for Phillips 66’s Q2 2025 earnings at $2.97 EPS, Q4 2025 earnings at $2.27 EPS, FY2025 earnings at $9.66 EPS, Q1 2026 earnings at $3.41 EPS, Q2 2026 earnings at $3.70 EPS and FY2026 earnings at $13.85 EPS.

Phillips 66 (NYSE:PSX) last issued its earnings results on Tuesday, October 29th. The oil and gas company reported $2.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.41. Phillips 66 had a return on equity of 13.12% and a net margin of 2.24%. The business had revenue of $36.16 billion during the quarter, compared to the consensus estimate of $36.31 billion. During the same period in the prior year, the business posted $4.63 EPS. The company’s revenue for the quarter was down 10.3% on a year-over-year basis.

PSX has been the topic of a number of other research reports. TD Cowen decreased their price objective on shares of Phillips 66 from $162.00 to $150.00 and set a “buy” rating on the stock in a report on Wednesday, September 11th. Wells Fargo & Company lowered their price objective on shares of Phillips 66 from $167.00 to $161.00 and set an “overweight” rating on the stock in a research note on Monday. JPMorgan Chase & Co. reduced their price target on shares of Phillips 66 from $160.00 to $141.00 and set an “overweight” rating on the stock in a report on Wednesday, October 2nd. Morgan Stanley cut their price objective on Phillips 66 from $150.00 to $144.00 and set an “equal weight” rating for the company in a research report on Monday, September 16th. Finally, Bank of America started coverage on Phillips 66 in a report on Thursday, October 17th. They set a “buy” rating and a $156.00 target price on the stock. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, Phillips 66 presently has a consensus rating of “Moderate Buy” and an average target price of $149.23.

Phillips 66 Trading Down 1.1 %

NYSE:PSX opened at $123.99 on Friday. The stock has a market capitalization of $51.21 billion, a price-to-earnings ratio of 15.92, a PEG ratio of 4.14 and a beta of 1.35. Phillips 66 has a 1 year low of $119.77 and a 1 year high of $174.08. The stock has a fifty day moving average price of $130.48 and a two-hundred day moving average price of $134.12. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.83 and a current ratio of 1.21.

Phillips 66 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were issued a $1.15 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $4.60 annualized dividend and a yield of 3.71%. Phillips 66’s dividend payout ratio is currently 59.05%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PSX. Strategic Financial Concepts LLC purchased a new position in shares of Phillips 66 in the second quarter valued at $26,000. nVerses Capital LLC purchased a new stake in shares of Phillips 66 during the third quarter worth about $26,000. Values First Advisors Inc. acquired a new position in Phillips 66 during the 3rd quarter worth $30,000. Kings Path Partners LLC acquired a new position in Phillips 66 in the second quarter worth about $38,000. Finally, Industrial Alliance Investment Management Inc. bought a new stake in Phillips 66 in the second quarter valued at about $40,000. Institutional investors and hedge funds own 76.93% of the company’s stock.

Phillips 66 Company Profile

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.