Phillips 66 (PSX)
Exploring Analyst Estimates for Phillips 66 (PSX) Q1 Earnings, Beyond Revenue and EPS
Besides Wall Street's top -and-bottom-line estimates for Phillips 66 (PSX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
What's in Store for Phillips 66 This Q1 Earnings Season?
Weaker refining margins, lower crude prices and increasing costs are likely to have adversely impacted PSX's Q1 earnings.
Phillips 66 fires back at Elliott over Citgo conflict of interest amid board fight
Phillips 66 is arguing that Elliott Investment Management should back down from its push to break up the energy company because the activist investor is conflicted from a separate effort to acquire one of Phillips 66's rivals, according to a letter seen by Reuters.
Analysts Estimate Phillips 66 (PSX) to Report a Decline in Earnings: What to Look Out for
Phillips 66 (PSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Phillips 66 (PSX) Rises Yet Lags Behind Market: Some Facts Worth Knowing
The latest trading day saw Phillips 66 (PSX) settling at $97.38, representing a +0.4% change from its previous close.
Phillips 66 (PSX) Surges 11.1%: Is This an Indication of Further Gains?
Phillips 66 (PSX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Here's Why Retain Strategy is Apt for Phillips 66 Stock Now
PSX focuses more on businesses like midstream, renewables and chemicals, which stabilizes the company???s business model.
Phillips 66 (PSX) Stock Sinks As Market Gains: Here's Why
The latest trading day saw Phillips 66 (PSX) settling at $124.06, representing a -0.23% change from its previous close.
Phillips 66: Refining Crack Spreads Have Recovered And Chemical Margins Are Not Far Behind
The recovery in the refining sector is under way after the first closure of 2025 and unexpected downtime at competitor PBF's Martinez refinery. Closure announcements in the European petrochemical industry are occurring at a rapid rate as companies exit the structurally disadvantaged market. Phillips 66's chemicals business is positioned to benefit through margin expansion and increased market share following the industry decline in Europe.
Phillips 66 director criticizes activist investor Elliott amid proxy battle
Phillips 66's independent director, Bob Pease, defended the company's performance and criticized Elliott Investment Management on Friday, as a boardroom battle between the U.S. refiner and the activist investor intensified.
Goldman Sachs Shifts Oil Sector Outlook: Par Pacific Set For Rebound, Phillips 66 Faces Challenges
Goldman Sachs analyst Neil Mehta revised the rating and updated estimates on Thursday for several major American oil companies.
Elliott Management Applies Pressure With Phillips 66 Board Fight
Phillips 66 has underperformed compared to peers, with chronic issues in its Refining Segment and large investments in underperforming global pet-chem plants. Earlier this month, activist investor Elliott Management nominated seven directors to PSX's board and is lobbying to spin-off PSX's Midstream Segment to unlock shareholder value. PSX's Midstream Segment has shown strong growth and is its most consistent well-performing segment, enabling robust dividend growth since going public.
