Phillips 66 (PSX)
Phillips 66 is a major American energy company that turns crude oil into petrol, diesel, and jet fuel, while also transporting and storing energy products.
Is Phillips 66 a good stock for a UK beginner?
The honest version: Phillips 66 is a major American energy company that turns crude oil into petrol, diesel, and jet fuel, while also transporting and storing energy products.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Successful transition into renewable fuels and chemicals.
Rapid adoption of electric vehicles significantly cuts petrol demand.
What does Phillips 66 do?
Think of Phillips 66 as a massive middleman in the energy world; they take raw oil and refine it into the fuels we use every day, while also managing the pipelines and terminals that move energy across the country. Profit comes from capturing the gap between the cost of raw oil and the price they get for finished products like petrol. Watch how global fuel demand and refining margins shift, as these directly dictate how much profit they can squeeze out of their operations.
On our factor screen it looks strongest on momentum and value, and weakest on growth.
- ✓Pays a dividend - about 2.4% a year
- ✓Growing - revenue up about 7% over the year
- Momentum screens high (95/100)
- Established infrastructure with a wide reach across the US
- Consistent history of paying dividends to shareholders
- Lower volatility compared to the broader market
- Quality screens low (30/100)
- Growth screens low (21/100)
- Environmental regulations could increase operational costs
- Geopolitical events often disrupt global oil supply chains
- Unexpected refinery accidents can lead to costly shutdowns
What do Phillips 66's numbers mean?
How much money does Phillips 66 make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Phillips 66 pay a dividend?
Yes - Phillips 66 currently pays a dividend of about 2.4% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does Phillips 66 report earnings, and how did recent quarters go?
Phillips 66 is next scheduled to report on about 2026-08-05 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-04-29 | $-0.39 | $0.49 | Beat +226% |
| 2026-02-04 | $2.15 | $2.47 | Beat +15% |
| 2025-10-29 | $2.16 | $2.52 | Beat +17% |
| 2025-07-25 | $1.71 | $2.38 | Beat +39% |
| 2025-04-25 | $-0.72 | $-0.90 | Missed -26% |
| 2025-01-31 | $-0.22 | $-0.15 | Beat +32% |
Across the last 6 quarters here, Phillips 66 came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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Valero Energy CorporationWhat are the scenarios for Phillips 66?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Phillips 66?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Established infrastructure with a wide reach across the US
- Consistent history of paying dividends to shareholders
- Lower volatility compared to the broader market
- Earnings can be highly sensitive to volatile oil prices
- Significant drop in recent year-on-year earnings
- Business model faces long-term pressure from the shift to electric vehicles
- Environmental regulations could increase operational costs
- Geopolitical events often disrupt global oil supply chains
- Unexpected refinery accidents can lead to costly shutdowns
The write-up's own warning lights — if these start happening, the case above changes.
- A permanent, sharp decline in global demand for petrol and diesel
- Major regulatory changes that force a rapid, unprofitable exit from fossil fuels
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.