Phillips 66 (PSX)
| Previous close | 157.24 |
| Open | 152.50 |
| Bid | 151.50 x 900 |
| Ask | 151.63 x 800 |
| Day's range | 149.55 - 155.84 |
| 52-week range | 89.74 - 174.08 |
| Volume | |
| Avg. volume | 2,975,554 |
| Market cap | 64.226B |
| Beta (5Y monthly) | 1.38 |
| PE ratio (TTM) | 9.77 |
| EPS (TTM) | 15.47 |
| Earnings date | 26 Apr 2024 |
| Forward dividend & yield | 4.60 (2.93%) |
| Ex-dividend date | 17 May 2024 |
| 1y target est | 169.01 |
GuruFocus.comPhillips 66 (PSX) Q1 2024 Earnings: Misses Analyst EPS Estimates, Highlights Strategic Initiatives
Comprehensive Analysis of Phillips 66's First Quarter Financial Performance
ZacksPhillips 66 (PSX) Q1 Earnings Miss Estimates
Phillips 66 (PSX) delivered earnings and revenue surprises of -7.32% and 17.35%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
- Reuters
UPDATE 2-Phillips 66 misses first-quarter profit estimates on weaker margins
Refiner margins have scaled back from the peaks achieved after Russia's invasion of Ukraine in 2022, amid a rise in global refining capacity that has led to a drop in fuel prices. The company said its realized margins fell about 47% to $10.91 per barrel in the first quarter from a year earlier, led by nearly a 50% decline in Gulf Coast margins. The decline comes amid a push from activist investor Elliott, which revealed a $1 billion stake in the company last year, to address underperformance in refining and speed up cost cuts.
