NYSE:PSX

136.42
0.57 (0.42%) 1d
0
Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Experts are bullish on Phillips 66, noting its low PE ratio, strong downstream operations, and positive expectations for summer travel. They are also impressed by the company's low debt, growing cash reserves, and strong dividend payout ratio. Overall, they see significant upside potential for the stock.

Consensus
Bullish
Valuation
Undervalued
BUY
Phillips 66

There remains a supply-demand imblance in refined oil products. PSX trades at a very low 6x PE.

oil / gas
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Phillips 66
(A Top Pick Jun 08/23, Down 7.2%)Stockchase Research Editor: Michael O'Reilly

Our 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.    

oil / gas
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Phillips 66
Stockchase Research Editor: Michael O'Reilly

We 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)
oil / gas
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Phillips 66
Stockchase Research Editor: Michael O'Reilly

Trading 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)
oil / gas
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Phillips 66
Stockchase Research Editor: Michael O’Reilly

PSX 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)
oil / gas
BUY
Phillips 66
Crude oil prices hit 2018 highs PSX, though a levered oil name, is off to the races. The oil rally won't end anytime soon.
oil / gas
COMMENT
Phillips 66
Levered energy names like PSX today, saw a reversal from $91 to $87 which concerns him. He expected oil to stall at their June highs, but that hasn't happened. He sees room to the upside, but he expects pullbacks on these names in the short term first. The energy trade still works, but lower will happen first.
oil / gas
COMMENT
Phillips 66
Not being paid the annual dividend--why? He still likes this. (Send him a private email about this issue.)
oil / gas
SELL ON STRENGTH
Phillips 66
The refiners haven't been doing well in this environment. Let this go at $65.
oil / gas
PAST TOP PICK
Phillips 66
(A Top Pick Feb 11/19, Down 46%) The problem in calling a bottom in oil is what's going to happen to oil's earnings. See what happens in the market for a while, before deciding what to do with this.
oil / gas
TOP PICK
Phillips 66
They are in the oil business but are not dependent on the price of oil. The stock recently had a nice setback. The pension funds sold carbon fuel stocks. It has a nice upside potential after falling to technical support. (Analysts’ price target is $122.33)
oil / gas
COMMENT
Phillips 66

Warren Buffett has been picking away at this. It is very difficult to build a refinery. There is a limited number of competitors, so they are well situated. The drawback is that you are beholden to crack spreads, basically the value of all the different components of a barrel of oil after it has been refined. In the past couple of years, it has been a very, very good business, but it is a cyclical business. The ways the composition of crude oil is coming to refineries is changing. He would prefer going to where the greatest value is, which is going to be the crude producers.

oil / gas
PAST TOP PICK
Phillips 66

(A Top Pick Sept 26/15. Up 2.91%.) This is a refiner, and they participate in oil strength. It is the kind of company that is not up as strong when oil prices go up, but also has not been down as much when prices are down. Has a very good franchise.

oil / gas
TOP PICK
Phillips 66

They are the biggest independent refiner. They are doing some internal restricting to get down to only 30 percent refining. It’s a good opportunity to buy for the longer term.

oil / gas
STRONG BUY
Phillips 66

A fantastic break out at $82. This is exactly the kind of stock you want to own.

oil / gas
Showing 1 to 15 of 20 entries

Phillips 66(PSX-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Phillips 66 is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Phillips 66(PSX-N) Frequently Asked Questions

What is Phillips 66 stock symbol?

Phillips 66 is a American stock, trading under the symbol PSX-N on the New York Stock Exchange (PSX). It is usually referred to as NYSE:PSX or PSX-N

Is Phillips 66 a buy or a sell?

In the last year, 2 stock analysts published opinions about PSX-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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 help on deciding if you should buy, sell or hold the stock.

Is Phillips 66 worth watching?

2 stock analysts on Stockchase covered Phillips 66 In the last year. It is a trending stock that is worth watching.

What is Phillips 66 stock price?

On 2024-06-20, Phillips 66 (PSX-N) stock closed at a price of $136.42.