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How to buy Phillips 66 (PSX) stocks

Learn how to easily invest in Phillips 66 stocks.

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Phillips 66

NYSE: PSX-USD

About an hour ago

$140

-$3.21 (-2.24%)

Buy Phillips 66 Stock

Phillips 66 is an oil & gas refining & marketing business based in the US. Phillips 66 shares (PSX.US) are listed on the NYSE and all prices are listed in US dollars. Its last market close was $151.54 – an increase of 0.09% over the previous day. Phillips 66 employs 14,000 staff and has a trailing 12-month revenue of around $147.4 billion.

How to buy shares in Phillips 66

Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
Open your account. Provide your personal information and sign up.
Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
Search the platform for stock code: PSX in this case.
Research stocks. The platform should provide the latest information available.
Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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This isn't an exhaustive list of all the trading platforms out there. What's best for you depends on your own investing strategy, budget and financial goals.

Is it a good time to buy Phillips 66 stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

Use our graph to track the performance of PSX stocks over time.

Share price volatility

Over the last 12 months, Phillips 66's shares have ranged in value from as little as $87.4678 up to $174.08. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Phillips 66's is 1.38. This would suggest that Phillips 66's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Historical closes compared with the last close of $151.54

1 week (2024-04-23)	-3.96%
1 month (2024-03-31)	-7.22%
3 months (2024-01-31)	4.12%
6 months (2023-10-31)	30.54%
1 year (2023-04-30)	54.00%
2 years (2022-04-28)	74.67%
3 years (2021-04-29)	87.29%
5 years (2019-04-30)	65.00%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Phillips 66 under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Phillips 66 P/E ratio, PEG ratio and EBITDA

Phillips 66's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Phillips 66 stocks trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Phillips 66's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.731. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Phillips 66's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Phillips 66's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $10 billion ($13.8 billion CAD).

The EBITDA is a measure of a Phillips 66's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

Dividend yield: 2.92% of stock value
Forward annual dividend yield: 2.92% of stock value
Dividend payout ratio: 27.22% of net profits

Phillips 66 has recently paid out dividends equivalent to 2.92% of its share value annually.

Phillips 66 has paid out, on average, around 27.22% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.92% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 2.92% return on their shares, in the form of dividend payments. In Phillips 66's case, that would currently equate to about 4.2 per share.

While Phillips 66's payout ratio might seem fairly standard, it's worth remembering that it may be investing much of the rest of its net profits in future growth.

Phillips 66's most recent dividend payout was on 2 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 16 May 2024 (the "ex-dividend date").
It's as easy to sell Phillips 66 as it is to buy! Here's how to sell Phillips 66 stocks that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your Phillips 66 shares. Your investment platform will let you know when your shares are sold

Phillips 66 financials

Revenue TTM	$147.4 billion
Operating margin TTM	4.32%
Gross profit TTM	$20.1 billion
Return on assets TTM	6.6%
Return on equity TTM	22.02%
Profit margin	4.76%
Book value	$71.05
Market capitalisation	$67.5 billion

TTM: trailing 12 months

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

How to buy Phillips 66 (PSX) stocks