Q2 EPS Estimates for Phillips 66 Decreased by Zacks Research

Phillips 66 (NYSE:PSX) – Zacks Research decreased their Q2 2025 earnings per share (EPS) estimates for shares of Phillips 66 in a research report issued to clients and investors on Monday, November 18th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn $3.02 per share for the quarter, down from their prior forecast of $3.33. The consensus estimate for Phillips 66’s current full-year earnings is $7.63 per share. Zacks Research also issued estimates for Phillips 66’s Q4 2025 earnings at $2.28 EPS, FY2025 earnings at $9.77 EPS and Q3 2026 earnings at $3.14 EPS.

Phillips 66 (NYSE:PSX) last released its quarterly earnings results on Tuesday, October 29th. The oil and gas company reported $2.04 earnings per share 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 firm had revenue of $36.16 billion during the quarter, compared to the consensus estimate of $36.31 billion. During the same quarter in the prior year, the firm posted $4.63 EPS. The business’s revenue was down 10.3% on a year-over-year basis.

Several other equities research analysts also recently commented on PSX. Bank of America assumed coverage on Phillips 66 in a report on Thursday, October 17th. They issued a “buy” rating and a $156.00 price objective for the company. Barclays cut their price objective on Phillips 66 from $133.00 to $124.00 and set an “equal weight” rating for the company in a report on Monday, November 11th. JPMorgan Chase & Co. cut their price objective on Phillips 66 from $160.00 to $141.00 and set an “overweight” rating for the company in a report on Wednesday, October 2nd. Wells Fargo & Company cut their price objective on Phillips 66 from $182.00 to $167.00 and set an “overweight” rating for the company in a report on Wednesday, October 9th. Finally, Scotiabank cut their price objective on Phillips 66 from $145.00 to $136.00 and set a “sector outperform” rating for the company in a report on Thursday, October 10th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $149.69.

Phillips 66 Trading Up 0.3 %

NYSE:PSX opened at $131.90 on Wednesday. The company has a market cap of $54.47 billion, a P/E ratio of 16.93, a price-to-earnings-growth ratio of 4.29 and a beta of 1.33. The company has a quick ratio of 0.83, a current ratio of 1.21 and a debt-to-equity ratio of 0.62. Phillips 66 has a twelve month low of $114.94 and a twelve month high of $174.08. The business has a 50 day moving average price of $130.15 and a two-hundred day moving average price of $135.50.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Bessemer Group Inc. increased its position in shares of Phillips 66 by 22.5% in the first quarter. Bessemer Group Inc. now owns 54,212 shares of the oil and gas company’s stock worth $8,856,000 after purchasing an additional 9,954 shares during the period. Lake Street Advisors Group LLC increased its position in shares of Phillips 66 by 36.5% in the first quarter. Lake Street Advisors Group LLC now owns 3,228 shares of the oil and gas company’s stock worth $527,000 after purchasing an additional 863 shares during the period. CANADA LIFE ASSURANCE Co increased its position in shares of Phillips 66 by 0.6% in the first quarter. CANADA LIFE ASSURANCE Co now owns 239,211 shares of the oil and gas company’s stock worth $39,114,000 after purchasing an additional 1,376 shares during the period. Crewe Advisors LLC bought a new position in shares of Phillips 66 in the first quarter worth $25,000. Finally, CreativeOne Wealth LLC increased its position in shares of Phillips 66 by 51.5% in the first quarter. CreativeOne Wealth LLC now owns 3,209 shares of the oil and gas company’s stock worth $524,000 after purchasing an additional 1,091 shares during the period. Institutional investors own 76.93% of the company’s stock.

Phillips 66 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 18th will be given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend is Monday, November 18th. Phillips 66’s payout ratio is 59.05%.

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.