Phillips 66 (PSX) Projected to Post Earnings on Wednesday

Phillips 66 (NYSE:PSX) is expected to release its Q1 2026 results before the market opens on Wednesday, April 29th. Analysts expect Phillips 66 to post earnings of $2.10 per share and revenue of $34.3566 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 12:00 PM ET.

Phillips 66 (NYSE:PSX) last issued its quarterly earnings results on Wednesday, February 4th. The oil and gas company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.32. The business had revenue of $32.16 billion for the quarter, compared to analysts’ expectations of $33.81 billion. Phillips 66 had a net margin of 3.22% and a return on equity of 9.13%. During the same quarter in the prior year, the company earned ($0.15) earnings per share. On average, analysts expect Phillips 66 to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Phillips 66 Stock Down 0.0%

Shares of PSX opened at $162.83 on Monday. The stock has a market capitalization of $65.25 billion, a PE ratio of 15.05, a P/E/G ratio of 0.30 and a beta of 0.76. Phillips 66 has a 1 year low of $101.54 and a 1 year high of $190.61. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.91 and a current ratio of 1.30. The company’s 50-day simple moving average is $166.67 and its 200-day simple moving average is $148.12.

Phillips 66 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 18th will be given a dividend of $1.27 per share. This represents a $5.08 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, May 18th. Phillips 66’s dividend payout ratio is currently 46.95%.

Insider Transactions at Phillips 66

In related news, Director Lisa Ann Davis sold 3,800 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $174.37, for a total value of $662,606.00. Following the sale, the director owned 8,701 shares of the company’s stock, valued at $1,517,193.37. This trade represents a 30.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Brian Mandell sold 42,800 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $169.53, for a total transaction of $7,255,884.00. Following the completion of the sale, the executive vice president directly owned 61,595 shares in the company, valued at approximately $10,442,200.35. This trade represents a 41.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 95,923 shares of company stock valued at $16,399,619 over the last quarter. Insiders own 0.40% of the company’s stock.

Institutional Trading of Phillips 66

Several hedge funds have recently added to or reduced their stakes in the company. SWAN Capital LLC increased its stake in Phillips 66 by 1,055.6% in the fourth quarter. SWAN Capital LLC now owns 208 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 190 shares during the last quarter. Sfam LLC purchased a new position in Phillips 66 in the 4th quarter valued at $34,000. Wealth Watch Advisors INC purchased a new position in Phillips 66 in the 3rd quarter valued at $36,000. WFA of San Diego LLC purchased a new position in Phillips 66 in the 2nd quarter valued at $52,000. Finally, Quattro Advisors LLC acquired a new stake in Phillips 66 in the fourth quarter valued at $65,000. Institutional investors and hedge funds own 76.93% of the company’s stock.

Wall Street Analysts Forecast Growth

PSX has been the topic of several research reports. Zacks Research cut shares of Phillips 66 from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th. Raymond James Financial increased their price target on shares of Phillips 66 from $175.00 to $205.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 25th. The Goldman Sachs Group increased their price target on shares of Phillips 66 from $186.00 to $192.00 and gave the stock a “neutral” rating in a research report on Friday, April 10th. Scotiabank increased their price target on shares of Phillips 66 from $140.00 to $151.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. increased their price target on shares of Phillips 66 from $161.00 to $188.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Eleven equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $181.33.

About Phillips 66

Phillips 66 (NYSE: PSX) is an independent energy manufacturing and logistics company engaged primarily in refining, midstream transportation, marketing and chemicals. The company processes crude oil into transportation fuels, lubricants and other petroleum products, operates pipeline and storage infrastructure, and participates in petrochemical production through strategic investments. Phillips 66 serves commercial, industrial and retail customers and positions its operations across the value chain of the downstream energy sector.

The company’s principal activities include refining crude oil into gasoline, diesel, jet fuel and feedstocks for petrochemical production; operating midstream assets such as pipelines, terminals and fractionators that move and store crude oil and natural gas liquids; and marketing and distributing fuels and lubricants through wholesale and retail channels.