Q1 EPS Estimates for Phillips 66 Reduced by Zacks Research

Phillips 66 (NYSE:PSX) – Stock analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Phillips 66 in a research note issued to investors on Wednesday, December 11th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn $1.71 per share for the quarter, down from their prior estimate 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 EPS for the quarter, beating the consensus estimate of $1.63 by $0.41. The company had revenue of $36.16 billion for the quarter, compared to analyst estimates of $36.31 billion. Phillips 66 had a net margin of 2.24% and a return on equity of 13.12%. The firm’s revenue was down 10.3% on a year-over-year basis. During the same period in the prior year, the firm posted $4.63 earnings per share.

Several other brokerages have also issued reports on PSX. Mizuho dropped their price objective on Phillips 66 from $154.00 to $150.00 and set a “neutral” rating on the stock in a report on Monday, September 16th. Barclays dropped their price target on Phillips 66 from $133.00 to $124.00 and set an “equal weight” rating on the stock in a research note on Monday, November 11th. Morgan Stanley reduced their price objective on Phillips 66 from $150.00 to $144.00 and set an “equal weight” rating for the company in a research note on Monday, September 16th. UBS Group lowered their target price on shares of Phillips 66 from $150.00 to $138.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Finally, Bank of America started coverage on shares of Phillips 66 in a research report on Thursday, October 17th. They issued a “buy” rating and a $156.00 price target for the company. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.23.

Phillips 66 Price Performance

Shares of NYSE:PSX opened at $122.72 on Friday. Phillips 66 has a 12 month low of $119.77 and a 12 month high of $174.08. The firm has a market capitalization of $50.68 billion, a P/E ratio of 15.92, a P/E/G ratio of 4.14 and a beta of 1.35. 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 company’s fifty day moving average price is $130.18 and its 200 day moving average price is $134.05.

Hedge Funds Weigh In On Phillips 66

Large investors have recently modified their holdings of the business. Strategic Financial Concepts LLC purchased a new position in Phillips 66 in the second quarter worth $26,000. nVerses Capital LLC purchased a new position in shares of Phillips 66 in the 3rd quarter valued at about $26,000. Values First Advisors Inc. acquired a new stake in shares of Phillips 66 in the third quarter valued at about $30,000. Kings Path Partners LLC purchased a new stake in Phillips 66 during the second quarter worth about $38,000. Finally, Industrial Alliance Investment Management Inc. acquired a new position in Phillips 66 during the second quarter worth about $40,000. 76.93% of the stock is owned by hedge funds and other institutional investors.

Phillips 66 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend was 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.