Phillips 66 Stock: Is Wall Street Bullish or Bearish?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2025
0mins
Source: NASDAQ.COM
Company Overview and Performance: Phillips 66, an energy manufacturing and logistics company, has seen its shares decline by 13.9% over the past year, underperforming the S&P 500 Index, although it has gained 9.5% in 2025 thus far. The company's recent Q1 results showed a larger-than-expected loss, contributing to a mixed earnings surprise history.
Analyst Ratings and Price Targets: Analysts have a consensus rating of "Moderate Buy" for PSX stock, with Barclays raising the price target to $115, while the mean price target stands at $128.28, indicating potential upside from current levels.
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Analyst Views on PSX
Wall Street analysts forecast PSX stock price to fall
15 Analyst Rating
8 Buy
7 Hold
0 Sell
Moderate Buy
Current: 158.760
Low
110.00
Averages
132.40
High
162.00
Current: 158.760
Low
110.00
Averages
132.40
High
162.00
About PSX
Phillips 66 is a diversified and integrated downstream energy provider that manufactures, transports and markets products. The Company's Midstream segment provides crude oil and refined petroleum product transportation, terminating and processing services, as well as natural gas and natural gas liquids (NGL) transportation, storage, fractionation, gathering, processing and marketing services. Its Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company LLC, which manufactures and markets petrochemicals and plastics on a worldwide basis. Its Refining segment refines crude oil and other feedstocks into petroleum products, such as gasoline, distillates, including aviation fuels. Its Marketing and Specialties segment purchases for resale and markets refined products, mainly in the United States and Europe. Its Renewable Fuels segment processes renewable feedstocks into renewable products at the Rodeo Renewable Energy Complex and at its Humber Refinery.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Increased Import Dependency: In 2024, the UK imported 3.1 times more kerosene than it produced and 2.5 times more diesel, indicating a significant decline in self-sufficiency in these critical fuels due to refinery closures, thereby increasing reliance on external supplies.
- Stockpile Crisis: The UK's kerosene stockpiles are only sufficient for one month's supply, far below the levels of most other countries, creating an urgent demand for kerosene in the international market, especially during peak aviation fuel demand periods.
- Price Hike Expectations: With European kerosene prices having doubled, airfares are expected to rise this summer, and airlines may cut capacity, which could impact the UK's tourism sector, although it may encourage more domestic vacations, providing opportunities for local hospitality businesses.
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- Financial Evaluation: Discussions are ongoing regarding the financial impact of evaluating notices.
- Involvement of Phillips: The evaluation process includes consultations with Phillips, indicating a collaborative approach.
See More
XCF Global Inc: Phillips 66 to End Supply and Offtake Agreement with New Rise Renewables Reno Starting May 1, 2026 - SEC Filing
Supply Termination: Global Inc. has announced the termination of its supply agreement with New Riser Renewables, effective May 1, 2026.
Offtake Agreement: The termination also includes an offtake agreement, indicating a significant shift in their business relationship.
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