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Phillips 66 $ 61.06 2.08 (3.53%)

On watch
Volume:
4,244,269
Avg Vol (1m):
3,456,486
Market Cap $:
26.66 Bil
Enterprise Value $:
40.67 Bil
P/E (TTM):
89.79
P/B:
1.25
Warning! GuruFocus has detected 1 Severe warning sign with PSX. Click here to check it out.
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PSX News and Headlines - Phillips 66

GuruFocus Articles Total 119
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They have grown their dividends significantly in recent years

Phillips 66 (PSX), MetLife Inc (MET) and CSX Corp (CSX) announced quarterly dividends on Wednesday, July 8. These companies are also loyal payers, as they have been distributing dividends for several years already.

Phillips 66

The Houston, Texas-based oil and gas refiner and midstream operator announced that on Sept. 1, a 90 cents per common share quarterly cash dividend will be paid to its shareholders of record as of Aug. 18. The payment will be on par with the previous one. The ex-dividend date is scheduled for Aug. 17.

Based on Wednesday’s closing price of $63.98 per share, the

125 Views    Alberto Abaterusso    2020-07-09 14:40
Insiders loaded up on Phillips 66, IHS Markit, Gray Television and Ryman Hospitality Properties

The largest insider buys this week were in Phillips 66 (PSX), IHS Markit Ltd (INFO), Gray Television Inc (GTN) and Ryman Hospitality Properties Inc (RHP).

Phillips 66 director bought 1,500 shares

Director John E. Lowe bought 1,500 shares on June 26 for an average price of $68.43. The stock has declined 0.01% since then.

Phillips 66 is an American energy company. It was formed as an independent company when ConocoPhillips executed a spinoff of its downstream and midstream assets. The company focuses on producing natural gas liquids and petrochemicals and is active in more than 65 countries. The company has

136 Views    Shuda Xia    2020-07-05 18:56
I’ve found my Old Faithful stock screen to be a geyser of good ideas over the past two decades

I’ve found my Old Faithful stock screen to be a geyser of good ideas over the past two decades.

I use Old Faithful constantly in my work. Once a year, I write a column about some of the stocks it highlights.

To make it into Old Faithful, a stock much jump six hurdles:

  • A return on stockholders’ equity (a measure of profitability) of 15% or better.
  • Stock price no more than 15 times per-share earnings.
  • Stock price no more than 2.0 times revenue
  • Stock price no more than 2.0 times book value (corporate net worth per share).
  • Earnings growth
1110 Views    John Dorfman    2020-04-27 22:29
Mr. Market is once again confusing uncertainty with risk

Introduction

I recently became interested in GrafTech International Ltd. (EAF) after reading a June 2019 Mohnish Pabrai (Trades, Portfolio) interview, where he anticipated that he was going to commit a big chunk of his assets to a company he would not disclose because they were still in the process of buying it, but, he added, anyone who was interested could simply check the 13F, which they were going to disclose in August. As I was reading the article in September, I immediately rushed to the Securities and Exchange Commission's website and discovered

2932 Views    Nicola Guida    2020-01-27 15:27
Firm reduces its position in pipe and valve supplier

Investment firm Tweedy Browne (Trades, Portfolio) revealed last week it trimmed its stake in MRC Global Inc. (MRC) by 19.5%.

The New York-based firm, which has been around for a century, is an investment partnership that is operated by its four managing directors, William H. Browne, John D. Spears, Thomas H. Shrager and Robert Q. Wyckoff Jr. Deriving its investment approach from the work of Benjamin Graham, the firm oversees around $4.5 billion in assets through four unique mutual funds. Each of the portfolios is managed according to the same value principles with an emphasis on seeking

181 Views    Sydnee Gatewood    2020-01-06 16:44
Low production costs, ample reserves and industry-leading margins make this Canadian company worthy of consideration

The recent record-setting initial public offering of Saudi Arabia’s state-owned oil company, known as Aramco (SAU:2222), has grabbed most of the financial news headlines of late. However, there is a Canadian enterprise, attractively priced, that operates, in terms of captive oil reserves, in a region that has been called the Saudi Arabia of North America.

Suncor Energy Inc. (SU) is Canada’s largest integrated energy company. In terms of share price, it offers a far better value than shares of Aramco's $1.5 trillion offering.

The company has many attractive qualities, including proven reserves with a long life, low production costs and

517 Views    John Kinsellagh    2019-12-16 22:14
Lear Corp reports financial results

U.S. stocks were in the green on Friday as the Trump administration made advances in a trade agreement with China. The Dow Jones Industrial Average gained 0.64% to 26,977, the S&P 500 Index rose 0.43% to 3,023 and the Nasdaq Composite Index increased 0.65% to 8,238.

Some non-index stocks also posted gains. Shares of Lear Corp. (LEA) rose nearly 1.5% on Friday after the company announced third-quarter results. The company posted earnings of $3.54 per share on $4.83billion in revenue, topping earnings estimates by 37 cents and revenues expectations by $70 million.

"In the third quarter, we continued to face

51 Views    Omar Venerio    2019-10-25 19:09
Guru's largest sales of the 2nd quarter

Ken Heebner (Trades, Portfolio)'s Capital Growth Management sold shares of the following stocks in the second quarter.

The firm exited its Zebra Technologies Corp. (ZBRA) position. The trade had an impact of -4.38% on the portfolio.

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The company, which provides products for the automatic identification and data capture market, has a market cap of $11.13 billion and an enterprise value of $12.92 billion.

GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 36.18% and return on assets of 10.79% are outperforming

71 Views    Tiziano Frateschi    2019-08-12 18:37
Investors who want a middle-of-the-road, slightly conservative group of stocks might take a look at my Sane Portfolio

Investors who want a middle-of-the-road, slightly conservative group of stocks might take a look at my Sane Portfolio.

This is a collection of 12 stocks, some held over from prior years and others newly added. To qualify for membership in the Sane Portfolio, a stock must pass seven tests. None of them is especially hard, but fewer than 6% of U.S. stocks pass all of them. The tests are:

  • Decent profitability (return on stockholders’ equity of 10% or more).
  • A reasonable price (no more than 18 times earnings, 3 times book value, and 3 times revenue).
  • Earnings growth averaging
179 Views    John Dorfman    2019-08-07 14:28
The largest Insider Buys this week were for Medtronic PLC, General Electric Co., Keurig Dr Pepper Inc. and Phillips 66

The largest Insider Buys this week were for Medtronic PLC (MDT), General Electric Co. (GE), Keurig Dr Pepper Inc. (KDP) and Phillips 66 (PSX).

Medtronic PLC (MDT): Director Richard H. Anderson bought 10,900 shares

Director Richard H. Anderson bought 10,900 shares of MDT stock on May 24 at the average price of $92.4. The price of the stock has increased by 0.19% since.

Medtronic PLC is an international medical instrument company headquartered in Dublin, Ireland, with their operational headquarters in Fridley, Minnesota. The company is one of the world’s largest medical equipment development companies, with operations in more than 140

224 Views    Shuda Xia    2019-06-02 19:10
The largest Insider Buys this week were for Linde PLC, Keurig Dr Pepper Inc., Ford Motor Co. and Phillips 66

The largest Insider Buys this week were for Linde PLC (LIN), Keurig Dr Pepper Inc. (KDP), Ford Motor Co. (F) and Phillips 66 (PSX).

Linde PLC (LIN): Executive VP Sanjiv Lamba bought 1,900 shares

Executive VP Sanjiv Lamba bought 1,900 shares of LIN stock on May 15 at the average price of $179.21. The price of the stock has increased by 5.46% since.

Linde PLC is an Irish international chemical company formed from the merger of Linde AG of Germany and Praxair of the United States. The company is the world’s largest industrial gas company by market share as well

557 Views    Shuda Xia    2019-05-19 14:28
Lear Corp, United Rentals make the list

The following stocks have low price-earnings ratios and have been bought by gurus. While some of them are great investments, others need to be checked again, according to the discounted cash flow calculator.

With a market cap of $9.19 billion, Lear Corp. (LEA) is trading with a price-earnings ratio of 8.56 and a price-book ratio of 2.27. Shares have fallen 24% over the last 12 months and are now trading 28.63% below the 52-week high and 28.69% above the 52-week low.

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GuruFocus gave the manufacturer of automotive seating and electrical systems a profitability and

70 Views    Tiziano Frateschi    2019-04-05 18:29
CNOOC Ltd. tops the list

Investors may want to screen for stocks that are doubling 20-year, high-quality market corporate bonds in terms of return because these stocks are likely to show impressive margins.

The bonds represent the corporate loan issued by companies that are triple-A, double-A and single-A rated. The most recent observation on the Federal Reserve Bank of St. Louis’ website indicates the monthly average spot rate of the 20-year bonds is returning 4.43%.

Therefore, the following stocks have price-earnings ratios (the inverse of the earnings return) of less than 11.3 as of March 29. Further, these stocks have an inexpensive valuation according

63 Views    Alberto Abaterusso    2019-04-01 16:46
Pioneer Natural Resources, Chevron make the list

According to the GuruFocus All-In-One Screener, the following energy stocks are popular among gurus.

Pioneer Natural Resources Co. (PXD) is held by 13 gurus

The company, which produces oil and gas, has a market cap of $23.67 billion. Its revenue of $9.37 billion has grown 8.90% over a 10-year period.

The stock is trading with a price-earnings ratio of 24.70. The current share price of $140 is 34.13% below its 52-week high and 18.04% above its 52-week low. Over the last 10 years, it has returned a gain of 654%.

The company’s largest shareholder among the gurus is

55 Views    Tiziano Frateschi    2019-03-25 20:51
Phillips 66 beats earnings

U.S. stocks fell Friday morning after a reading of consumer sentiment that showed a decline in market optimism. The Dow Jones Industrial Average tumbled more than 400 points, or 1.61% to 24,585, the S&P 500 index declined 2.30% to 2,643, and the Nasdaq Composite Index lost 2.99% to 7,101.

Shares of Phillips 66 (PSX) reversed their initial movement and jumped almost 1% Friday after the company posted third-quarter earnings of $3.18 per share, beating earnings estimates by 78 cents.

“We demonstrated the value of our integrated portfolio, delivering strong earnings and advancing strategic growth projects in the third quarter,” said

21 Views    Omar Venerio    2018-10-26 15:40
A look at the new current portfolio and sector weightings pages

GuruFocus is pleased to offer a new version of the guru pages for Warren Buffett (Trades, Portfolio) and other top gurus like David Einhorn (Trades, Portfolio), David Tepper (Trades, Portfolio), Bill Ackman (Trades, Portfolio), Carl Icahn (Trades, Portfolio) and Prem Watsa (Trades, Portfolio).

In Part 1, we discussed three key features of Buffett’s new guru page, including the

659 Views    James Li    2018-09-18 21:39
Berkshire sells over 12.5 million shares

Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway Inc. (BRK.A)(BRK.B) disclosed on Monday that the conglomerate axed 36.12% of its Phillips 66 (PSX) holding.

Having sold approximately 45 million shares during the first half of 2018, Berkshire sold 12,543,130 shares of the Houston-based oil refiner for $118.51 per share, reducing the position to 22,186,384 shares, approximately 4.8% of the company’s total shares outstanding.

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Berkshire adheres to "10% limitation" rule

Buffett’s conglomerate said on Aug. 13 that with a few exceptions, Berkshire “wishes to avoid owning more than 10% or more

632 Views    James Li    2018-09-12 19:09
These stocks have been bought by gurus recently

The following six stocks have low price-earnings ratios and have recently been bought by gurus. While some of them are great investments, others need to be checked again, according to the discounted cash flow calculator.

With a market cap of $5.41 billion, MKS Instruments Inc. (MKSI) is trading with a price-earnings ratio of 14.4. According to the DCF calculator, the stock has a fair value of $73.63 while trading at $99.10. The stock price has risen 38% over the last 12 months and is currently 21.19% below its 52-week high and 53.41% above its 52-week low.

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203 Views    Tiziano Frateschi    2018-06-25 19:41
Recently, multiple companies have managed to achieve peaks

According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week highs.

Anadarko Petroleum Corp. (APC) reached the 52-week high of $70.57

Anadarko Petroleum Corp. is engaged in the exploration and production of oil and natural gas. Its asset base includes conventional and unconventional properties in the U.S. and deep-water oil and gas projects in the Gulf of Mexico and Africa. Anadarko Petroleum, based in The Woodlands, Texas, is one of the largest independent exploration and production companies in North America. At the end of 2017, proven reserves totaled 1.44 billion boe,

22 Views    yifan900    2018-05-22 14:34
Targets for a Berkshire Hathaway acquisition will likely come from its current portfolio

In 2015, I wrote an article on Precision Castparts highlighting the stock as a majorly undervalued holding in Buffett’s stock portfolio. Less than a month later, the company was acquired for a 12% premium.

The interesting part of Berkshire’s portfolio is how big positions in some companies do not make a huge dent in the overall performance. The company owns 3.56% of General Motors (GM), but the investment only accounts for 1.07% of the stock holdings. Or VeriSign (VRSN), the internet services company, where Berkshire is the largest shareholder with over 13% of the shares. That stake accounts for

585 Views    Jonathan Poland    2018-02-27 15:53

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2020-07-10 $ 61.06 (3.53%)
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