Phillips 66 is expected to reveal its latest quarterly earnings on Tuesday, April 28th, with a consensus estimate of -0.55 EPS.
Phillips 66's stock price currently stands at $165.98, reflecting a $1.88 increase from the previous close. The asset has shown a 1.15% price percentage change, with a trading volume of $847,256, representing a 26.63% increase relative to the average.
The stock has been on a positive streak for three consecutive days, with a 4.04% price increase starting at $159.53.
In the latest quarterly earnings reported on Tuesday, February 3rd, Phillips 66 exceeded expectations with an EPS of 2.11.
Phillips 66 offers a forward dividend yield of 3.06% and a dividend per share of $1.27 MRQ.
Morgan Stanley recently upgraded Phillips 66 from "Overweight" to "Overweight," suggesting a positive outlook.
The company reported a free cash flow of $2 billion, with a net change in cash of -$834 million.
Phillips 66's net income stands at $2.91 billion, with an EPS of $7.21 and a gross profit of $2.14 billion.
Key ratios show a net profit margin of 8.54%, return on equity of 9.99%, and a price-to-earnings ratio of 4.48.
With total assets of $73.68 billion and total liabilities of $43.44 billion, Phillips 66 maintains a strong financial position.
This comprehensive overview provides insight into Phillips 66's financial performance ahead of its upcoming earnings report.
Phillips 66 operates as an energy manufacturing and logistics company. 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. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable fuels at 12 refineries in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels primarily in the United States and Europe. This segment also manufactures and markets specialty products, such as base oils and lubricants. The company was founded in 1875 and is headquartered in Houston, Texas.