
PSX trades at a premium valuation, but strong refining margins, surging earnings and midstream expansion bolster its investment appeal.
The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas.
| Revenue (TTM) | $168.19B |
| Gross Profit (TTM) | $25.36B |
| EBITDA | $15.38B |
| Operating Margin | 13.20% |
| Return on Equity | 39.80% |
| Return on Assets | 10.60% |
| Revenue/Share (TTM) | $419.54 |
| Book Value | $88.01 |
| Price-to-Book | 2.81 |
| Price-to-Sales (TTM) | 0.57 |
| EV/Revenue | 0.648 |
| EV/EBITDA | 5.58 |
| Quarterly Earnings Growth (YoY) | 4299.00% |
| Quarterly Revenue Growth (YoY) | 46.40% |
| Shares Outstanding | $390.07M |
| Float | $389.16M |
| % Insiders | 0.22% |
| % Institutions | 81.92% |
Volatility is currently expanding

PSX trades at a premium valuation, but strong refining margins, surging earnings and midstream expansion bolster its investment appeal.

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PSX, VLO and DINO are gaining momentum after October's rally, backed by strong quarterly earnings, favorable refining conditions and improving growth prospects.

Phillips 66 (PSX) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, PSX crossed above the 20-day moving average, suggesting a short-term bullish trend.

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Phillips 66 delivers strong Q3 2026 earnings, fueled by refining gains, while advancing midstream expansion, debt reduction and major pipeline investments.

Phillips 66 NYSE: PSX reported third-quarter 2026 earnings of $5.6 billion, or $14.08 per share, as the company cited high refinery utilization, record distillate production and strong midstream volumes. Operating cash flow totaled $7.3 billion, including a $1.1 billion working-capital benefit.

Phillips 66 reported third-quarter earnings of $5.6 billion. Management reduced total debt by $2 billion during the third quarter.

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PSX's Q3 earnings surged on stronger refining margins and higher volumes, driving a massive profit jump, robust cash flow and shareholder returns.
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