NYSE:PSX
Phillips 66 (PSX)
Financials 
Technical Analysis 
Aug 4, 2026, 12:00 amThis summary was created by AI, based on 2 opinions in the last 12 months.
The expert reviews for Phillips 66 (PSX) indicate a mixed outlook on its future performance in the energy sector. One expert notes that the company was a solid investment last July when refinery operations represented a strong opportunity within the energy landscape. However, this same expert warns that the industry dynamics may shift away from refiners as early as 2026, suggesting a potential decline in profitability. In contrast, another expert advises that now is an opportune time to purchase the stock, particularly as oil prices are currently down. This perspective indicates a potential buying opportunity for investors who are looking to capitalize on short-term market fluctuations despite uncertainties in the longer-term outlook for the refinery sector.
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Premium contentOur PAST TOP PICK with PSX has triggered its stop at $92. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 9%, when combined with our previous entry recommendation.
Premium contentWe reiterate this international midstream energy company as a TOP PICK. Expectations for summer travel are bullish, which will support their 2 million bpd downstream operations. It trades under 2x book and 8x earnings, with a ROE of 44%. It pays a good dividend, backed by a payout ratio under 20% of cash flow. We continue to recommend a stop at $92, looking to achieve $121 -- upside potential of 19%. Yield 3.9%
(Analysts’ price target is $121.29)Premium contentTrading at 5x earnings, 1.7x book and supporting a 40% ROE, we reiterate PSX as a TOP PICK. The company has a bio-diesel fuel plant coming on soon in California, which used to process oil. We like that cash reserves are growing and debt is being retired. Its dividend is backed by a payout ratio under 20% of cash flow. We recommend trailing up the stop (from $87) to $92, looking to achieve $126 -- upside potential of 18%. Yield 3.6%
(Analysts’ price target is $126.00)Premium contentPSX is the spin off of ConocoPhillips downstream refining and distribution assets. It is generating outstanding cash flow, allowing cash reserves to grow as debt is retired and stock bought back. It trades under 7x earnings, under 2x book value, and supports a ROE of 40%. We recommend a stop-loss at $87, looking to achieve $125 - upside of 27%. Yield 4.0%
(Analysts’ price target is $125.36)
Lorne Steinberg
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Phillips 66 (PSX) Frequently Asked Questions
What is Phillips 66 stock symbol?
Phillips 66 is a American stock, trading under the symbol PSX (previously PSX-N on Stockchase) on the New York Stock Exchange (PSX). It is usually referred to as NYSE:PSX or PSX
Is Phillips 66 a buy or a sell?
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on PSX (previously PSX-N on Stockchase). 1 analyst recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is BUY. Read the latest stock experts' ratings for Phillips 66.
Is Phillips 66 a good investment or a top pick?
Phillips 66 was recommended as a Top Pick by Jim Cramer - Mad Money on 2026-08-03. Read the latest stock experts ratings for Phillips 66.
Why is Phillips 66 stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Phillips 66.
Is Phillips 66 worth watching?
Phillips 66 is followed by 44 investors on Stockchase and is a trending stock that is worth watching.
What is Phillips 66 stock price?
On 2026-08-03, Phillips 66 (PSX) stock closed at a price of $206.19.
Was up 25% last month and it reports Wednesday, which he's confident about.