Who holds Phillips 66's stock?
Only 0.74% of the stock of Phillips 66 is held by insiders. 68.17% of the stock of Phillips 66 is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for Phillips 66 are expected to grow by 53.09% in the coming year, from $4.69 to $7.18 per share.
Is Phillips 66’s dividend too cheap to pass up?
After a 25% valuation drop in June, the dividend and yield of oil company Phillips 66 (NYSE: PSX) are too attractive to pass up. Phillips 66, with its big and diverse portfolio of energy assets, is an appealing long-term dividend growth option that appears to be extremely cheap at the moment.
Is Phillips 66 (PSX) a good long-term investment?
Phillips 66 is a long-term gamble on the U.S. energy industry and rising demand for the company's refined petroleum and specialized goods. And PSX is a very appealing gamble in this regard, as the company's stock trades at only an 8x forward earnings multiple.
What are Wall Street's 1-year price targets for Phillips 66's stock?
14 Wall Street analysts have issued 1-year price targets for Phillips 66's stock. Their forecasts range from $66.00 to $104.00. On average, they anticipate Phillips 66's share price to reach $90.08 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price.
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Is PSX stock a buy?
Out of 11 analysts, 4 (36.36%) are recommending PSX as a Strong Buy, 4 (36.36%) are recommending PSX as a Buy, 3 (27.27%) are recommending PSX as a Hold, 0 (0%) are recommending PSX as a Sell, and 0 (0%) are recommending PSX as a Strong Sell. What is PSX's earnings growth forecast for 2022-2024?
What months does PSX pay dividends?
PSX Dividend HistoryEx/EFF DATETYPEPAYMENT DATE08/19/2019CASH09/03/201905/17/2019CASH06/03/201902/15/2019CASH03/01/201911/16/2018CASH12/03/201833 more rows
Will PSX raise its dividend?
HOUSTON--(BUSINESS WIRE)-- The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 97 cents per share on Phillips 66 common stock, representing a 5% increase. The dividend is payable on June 1, 2022, to shareholders of record as of the close of business on May 23, 2022.
Which stock has the highest dividend?
9 highest dividend-paying stocks in the S&P 500:AT&T Inc. (T)Williams Cos. Inc. (WMB)Devon Energy Corp. (DVN)Oneok Inc. (OKE)Simon Property Group Inc. (SPG)Kinder Morgan Inc. (KMI)Vornado Realty Trust (VNO)Altria Group Inc. (MO)More items...•
PHILLIPS 66 PARTNERS LP ALERT: Bragar Eagel & Squire, P.C. Reminds Investors of its Investigation of the Sale of PSXP and Encourages Investors to Contact the Firm
Phillips 66 to Present at BofA Securities Global Energy Conference
NEW YORK, Nov.
Southwest to buy more than 200M gallons of sustainable aviation fuel in 15-year agreement
HOUSTON, November 11, 2021--Members of the Phillips 66 Executive Leadership Team will participate in the BofA Securities Global Energy Conference at 3 p.m. EST on Nov. 18.
Phillips 66 Announces Redemption of Floating Rate Senior Notes Due 2024
Southwest Airlines is partnering with a sustainable fuel technology company in a 15-year deal to buy 219 million gallons of sustainable aviation fuel, as part of the carrier’s goal to achieve carbon neutrality by 2050.
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Phillips 66 Partners LP Merger
HOUSTON, November 10, 2021--Phillips 66 today announced it will redeem the entire outstanding principal amount of its Floating Rate Senior Notes due 2024.
Phillips 66 to turn refinery into oil export terminal after hurricane damages
WILMINGTON, Del., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Phillips 66 Partners LP (“Partners”) (NYSE: PSXP) regarding possible breaches of fiduciary duties and other violations of law related to Partners’ agreement to be acquired by Phillips 66 (“Phillips”) (NYSE: PSX).
Phillips 66 to Convert Alliance Refinery to Terminal Facility
About 500 Phillips 66 employees and 400 contractors work at the refinery, and the conversion to an export facility is expected to come with substantial job cuts.
How much dividend does Phillips 66 pay?
HOUSTON, November 08, 2021--Phillips 66 announced today it plans to convert its Alliance Refinery in Belle Chasse, La., to a terminal facility.
When is Phillips 66 dividend?
Phillips 66 pays an annual dividend of $3.60 per share and currently has a dividend yield of 4.98%. PSX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. View Phillips 66's dividend history.
How much does Phillips 66 make?
Phillips 66 announced a quarterly dividend on Wednesday, July 14th. Investors of record on Wednesday, August 18th will be paid a dividend of $0.90 per share on Wednesday, September 1st. This represents a $3.60 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend is Tuesday, August 17th.
When is Phillips 66 earnings call?
Phillips 66 has a market capitalization of $31.60 billion and generates $65.49 billion in revenue each year. The oil and gas company earns $-3,975,000,000.00 in net income (profit) each year or ($0.89) on an earnings per share basis.
Where is Phillips 66 located?
Phillips 66 will be holding an earnings conference call on Tuesday, August 3rd at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.
