Stock Price & Analysis

Based on the provided data, here's a concise analysis of PSX stock:

Technical Analysis PSX is currently trading at $122.95, showing a positive momentum with a +3.43% gain in the regular market session and an additional +0.11% in post-market trading . The stock is trading above its 20-day SMA of $115.89, indicating short-term bullish momentum.

Recent Events & Impact Phillips 66 announced plans to shutter its Los Angeles refinery by the end of 2025, which could impact future operations. However, the market appears to have already priced in this news as the stock maintains positive momentum.

Analyst Sentiment Recent analyst actions show mixed opinions:

• Barclays maintained Hold rating with a price target reduction to $115 (January 13, 2025)
• Wolfe Research upgraded to Buy (January 3, 2025)
• Wells Fargo maintains Buy with $161 target (December 9, 2024)

Technical Levels Key Fibonacci levels indicate:

• Resistance: $121.76 (R1), $124.17 (R2)
• Support: $113.97 (S1), $111.56 (S2)

Based on the technical analysis and current market conditions, PSX appears to be in a favorable position for buying at current levels, with strong support around $113-114 and potential upside to the $124 level. The stock's RSI at 60.26 indicates moderate momentum without being overbought.

Based on the provided data and technical analysis, here is the price prediction for Phillips 66 (PSX) stock in 2025:

PSX is expected to reach $145-150 by end of 2025, driven by strong fundamentals and industry positioning. The stock has shown robust momentum with current price at $122.95 and RSI at 60.26 indicating room for further upside .

Key drivers supporting this target:

1. Strong operational performance with Phillips 66 planning to close its Los Angeles refinery by end of 2025, which should improve overall operational efficiency.

2. Positive analyst sentiment with high rating of 65% from Validea's Shareholder Yield Investor model, indicating strong fundamentals and shareholder-friendly capital return policies.

3. Technical indicators showing bullish momentum with price above key moving averages and healthy RSI levels, suggesting continued upward trend potential.

The stock has maintained strong support levels around $113-115 range and faces immediate resistance at $124-125 level. Breaking above this resistance could accelerate the move toward the $145-150 target range.

This prediction assumes:

• Continued execution of operational optimization strategies
• Stable oil market conditions
• No major macroeconomic shocks

The most likely scenario (60% probability) is reaching $145-150 range, while a bearish case (25% probability) could see price staying around $120-125, and a highly bullish case (15% probability) could push price above $155.

The S1 support level for PSX Stock is $114.09 ,The R1 resistant level for PSX Stock is $122.86.

As of the end of day on 2025-01-24, the price of PSX Stock was $121.86.

The target price for PSX Stock according to analyst rating is 137.92, with the highest price target at 161.00 and the lowest at 115.00. Analysts have a Moderate Buy rating on PSX Stock overall.

The market cap of PSX is $50.3B.

Based on the provided data and context, I'll analyze whether PSX is overvalued through multiple valuation metrics and recent analyst perspectives.

Valuation Analysis: PSX's current P/E ratio of 16.75 in Q3 2024 is notably higher than its previous quarters (12.55 and 12.10), indicating some valuation expansion. However, this is still reasonable compared to the broader energy sector.

Profitability Trends: Net margin has declined significantly from 2.13% in Q1 2024 to 1.04% in Q3 2024, while ROE dropped from 19.32% to 11.28%, showing deteriorating profitability metrics.

Analyst Consensus: Recent analyst actions show mixed sentiment:

• Barclays lowered price target to $115 (Jan 13, 2025)
• Wolfe Research upgraded to Buy (Jan 3, 2025)
• Mizuho maintained Hold with $147 target
• Wells Fargo maintained Buy with $161 target

Business Operations: The company plans to close its Los Angeles refinery by end of 2025, which could impact future earnings but potentially improve operational efficiency.

Conclusion: PSX is not significantly overvalued considering:

1. Current P/E multiple remains reasonable for the sector
2. Strong analyst support with majority maintaining Buy ratings
3. Strategic operational changes underway
4. Healthy balance sheet with manageable debt levels
5. Consistent dividend yield around 3.4%

Phillips 66 is a diversified and integrated downstream energy provider with midstream, chemicals, refining, and marketing and specialties businesses. The Company’s segments include Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). Its Midstream segment provides crude oil and refined petroleum product transportation, terminaling and processing services, as well as natural gas and natural gas liquids (NGL) transportation, storage, fractionation, gathering, processing and marketing services, mainly in the United States. The Chemicals segment consists of its 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 and aviation fuels, as well as renewable fuels. Its Marketing & Specialties segment purchases for resale and markets refined petroleum products and renewable fuels.

Based on the provided data and market analysis, here's a prediction for Phillips 66 (PSX) stock price in 2030:

PSX stock is projected to reach $185-195 by 2030, driven by three key factors:

The company's strategic transformation towards renewable fuels and plastic recycling operations after 2027 will create new revenue streams. The planned closure of its Los Angeles refinery by end of 2025 and focus on higher-margin operations will improve profitability.

Strong shareholder returns through consistent dividend payments (currently 3.7% yield) and ongoing share buyback programs ($20 billion committed through 2026) will support stock price appreciation.

PSX has a total of 14000 employees.