Phillips 66 (WBO:PSXC) Research & Development: €0 Mil (TTM As of Mar. 2026)


WBO:PSXC Phillips 66 WBO:PSXC
62 GF Score
Price €151.50
GF Value €119.93
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Phillips 66 Research & Development?

Phillips 66 WBO:PSXC -0.23% 62 Research & Development is €0 Mil as of Mar. 2026. GuruFocus rates WBO:PSXC with a GF Score™ of 62/100 and a GF Value™ of €119.93 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Phillips 66's Research & Development for the three months ended in Mar. 2026 was €0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €0 Mil.

Phillips 66  (WBO:PSXC) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Phillips 66 Research & Development Related Terms

Phillips 66 Research & Development Historical Data

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The historical data trend for Phillips 66's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Phillips 66 Research & Development Chart

Phillips 66 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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Phillips 66 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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WBO:PSXC
62GF Score
Phillips 66 WBO:PSXC
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Phillips 66 Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €0 Mil mean?
Phillips 66 (WBO:PSXC) has a Research & Development of €0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Phillips 66 and its competitors.
Is Phillips 66's Research & Development too high?
Phillips 66's current Research & Development is €0 Mil. Overall, Phillips 66 has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phillips 66's Research & Development compare to MPC and VLO?
Phillips 66's Research & Development of €0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Phillips 66 and its competitors. Phillips 66's current Research & Development is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phillips 66 stock overvalued right now?
Based on GuruFocus' analysis, Phillips 66 (WBO:PSXC) is currently considered Modestly Overvalued. The stock's GF Value™ is €119.93, compared to a current price of €151.50 — trading 26.3% above its estimated fair value. The current Research & Development is €0 Mil. Phillips 66's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Phillips 66 (WBO:PSXC), the current Research & Development is €0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Phillips 66 (WBO:PSXC) Overvalued in 2026?

Based on GuruFocus' analysis, Phillips 66 stock appears to be overvalued. The current stock price of €151.50 is trading 26.3% above its estimated GF Value™ of €119.93. GuruFocus considers Phillips 66 to be Modestly Overvalued.

Key valuation signals for WBO:PSXC:

  • Research & Development: €0 Mil
  • GF Value™: €119.93 vs. price of €151.50 (26.3% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the WBO:PSXC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Phillips 66 Business Description

Industry EnergyOil & Gas
Address 2331 CityWest Boulevard, Houston, TX, USA, 77042
Phillips 66 is an independent refiner that owns or holds interest in 10 refineries with a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, at the end of 2025. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.
62GF Score

Get the complete analysis for WBO:PSXC

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€151.50
Price
€119.93
GF Value