The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

PSX

Concerning the House

Phillips 66 operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally. It operates through five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels. The Midstream segment provides crude oil and refined petroleum product transportation, terminaling, and storage services, as well as natural gas and natural gas liquids (NGL) gathering, processing, transportation, fractionation, storage and marketing services. It also exports liquefied petroleum gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining; and petrochemicals and plastics. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines and distillates, including aviation fuels. The M&S segment purchases for resale and markets refined products, including gasolines, distillates, and aviation fuels. This segment also manufactures and markets specialty products, such as automotive, commercial, industrial, and specialty lubricants, as well as base oils. The Renewable Fuels segment processes renewable feedstocks into renewable products, as well as supplies sustainable aviation fuel. This segment also procures renewable feedstocks, manages certain regulatory credits, and markets renewable diesel, renewable jet fuel, and other renewable fuels. The company markets its products under the Phillips 66, Conoco and 76, JET, Kendall, Red Line, and other private label brands. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.

United States · www.phillips66.com

The Long Run

FY 2012–2025 · 14 years

LineLatestCAGRTrend
Revenue$132.38B-3.0%
Net income$7.01B+4.5%
Cash from ops$7.03B+3.9%
Quotation

$232.61

+7.03 (+3.1%)

52w hi$232.61
52w lo$116.06
Vol1.73M
As ofAug 13
The Verdict

Hold

Our score +0.26

Short-0.15
Medium+0.39
Long+0.81

computed 2026-08-13

By the Numbers

Phillips 66

Energy · Oil & Gas Refining & Marketing

Market cap$92.82B
Enterprise value$107.67B
Trailing P/E13.27x
Forward P/E11.13x
EV / EBITDA10.85x
P / S (ttm)0.61x
Profit margin4.7%
Return on equity23.5%
Revenue growth+53.1%
Earnings growth+344.9%
Debt / equity62.88
Risk Metrics
Beta vs SPX0.72
Corr SPX0.35
Annual vol33.5%
Annual ret+31.3%
Sharpe0.93
Max DD-33.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.45
Sector+0.13
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$223.97$232.89$223.42$232.611.73M
Aug 12$221.23$226.60$221.23$225.582.58M
Aug 11$215.00$224.68$214.212.10M
Aug 10$207.91$215.85$206.97$215.523.08M
Aug 7$202.44$206.04$200.50$203.912.91M