Q1 EPS Estimates for Phillips 66 Lowered by Zacks Research

Phillips 66 (NYSE:PSX) – Investment analysts at Zacks Research dropped their Q1 2025 earnings per share (EPS) estimates for shares of Phillips 66 in a report issued on Wednesday, December 11th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings of $1.71 per share for the quarter, down from their prior 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 announced its quarterly earnings results on Tuesday, October 29th. The oil and gas company reported $2.04 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $36.31 billion. During the same quarter in the prior year, the company earned $4.63 earnings per share. The company’s quarterly revenue was down 10.3% on a year-over-year basis.

A number of other equities research analysts also recently weighed in on the stock. Morgan Stanley lowered their target price on shares of Phillips 66 from $150.00 to $144.00 and set an “equal weight” rating on the stock in a research note on Monday, September 16th. Piper Sandler set a $144.00 target price on Phillips 66 in a research note on Thursday, October 17th. Scotiabank reduced their price target on shares of Phillips 66 from $145.00 to $136.00 and set a “sector outperform” rating for the company in a research note on Thursday, October 10th. TD Cowen dropped their target price on Phillips 66 from $162.00 to $150.00 and set a “buy” rating on the stock in a research report on Wednesday, September 11th. Finally, Wells Fargo & Company reduced their price objective on Phillips 66 from $167.00 to $161.00 and set an “overweight” rating for the company in a research note on Monday, December 9th. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $149.23.

Phillips 66 Stock Down 1.0 %

Shares of NYSE PSX opened at $122.72 on Friday. The stock has a market capitalization of $50.68 billion, a PE ratio of 15.75, a P/E/G ratio of 4.14 and a beta of 1.35. Phillips 66 has a one year low of $119.77 and a one year high of $174.08. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.21 and a quick ratio of 0.83. The business’s fifty day moving average price is $129.86 and its 200-day moving average price is $133.85.

Phillips 66 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date was Monday, November 18th. Phillips 66’s dividend payout ratio is currently 59.05%.

Institutional Trading of Phillips 66

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC acquired a new position in shares of Phillips 66 during the 2nd quarter worth $26,000. nVerses Capital LLC purchased a new position in Phillips 66 in the 3rd quarter worth approximately $26,000. Values First Advisors Inc. acquired a new stake in shares of Phillips 66 during the third quarter valued at about $30,000. Kings Path Partners LLC purchased a new stake in Phillips 66 during the 2nd quarter worth approximately $38,000. Finally, Industrial Alliance Investment Management Inc. acquired a new stake in Phillips 66 in the second quarter valued at $40,000. Institutional investors and hedge funds own 76.93% of the company’s stock.

About Phillips 66

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.