Phillips 66

Phillips 66

PSXยทNYSE

$184.68

+1.2%
EnergyOil & Gas Refining & Marketing

Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable fuels at 12 refineries in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels primarily in the United States and Europe. This segment also manufactures and markets specialty products, such as base oils and lubricants. The company was founded in 1875 and is headquartered in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$74.04B
EPS10.8400
P/E Ratio17.04
Earnings Date07/24/2026
3Y-54.0%
5Y+135.0%
10Y+67.0%
3Y-1.0%
5Y-36.0%
10Y-38.0%
3Y-38.0%
5Y-305.0%
10Y+1961.0%
PSX

Phillips 66 Cash Conversion Engine

PSX ยท NYSE
Net Income4.53B
Depreciation & Amortization3.25B
Stock-Based Compensation0.00
Change in Working Capital-1.18B
Others-1.81B
Capital Expenditures-2.23B
Free Cash Flow2.73B

Cash Flow Quality Analysis

FCF Conversion Rate

60.3%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

45.0%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

+17.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$1.18B

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

Phillips 66 Cash Flow Statement

PSX โ€ข NYSE

Phillips 66 Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
OPERATING ACTIVITIES
4.5B
2.1B
7B
11B
1.3B
-4B
3.1B
5.6B
5.1B
1.5B
4.2B
4B
3.7B
4.1B
4.8B
735M
476M
3.3B
2.4B
2B
1.7B
1.6B
1.4B
1.4B
1.4B
1.3B
1.2B
1.1B
1B
971M
938M
908M
880M
879M
178M
-251M
840M
1.3B
-272M
126M
183M
252M
-1.9B
612M
529M
-488M
594M
221M
931M
-33M
-84M
-1.8B
547M
-1B
-3.2B
1.2B
4.9B
1B
626M
-968M
-888M
85M
-31M
-78M
171M
-1.9B
709M
-722M
(0.0)
(1.2B)
(1.2B)
(2.1B)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.2B
-615M
-1.8B
68M
2.1B
-326M
-830M
-273M
62M
501M
-221M
-1B
880M
-1.2B
316M
-199M
397M
5B
4.2B
7B
10.8B
6B
2.1B
4.8B
7.6B
3.6B
3B
5.7B
3.5B
6B
4.3B
5B
2.1B
946M
INVESTING ACTIVITIES
-2.2B
-1.9B
-2.4B
-2.2B
-1.9B
-2.9B
-3.9B
-2.6B
-1.8B
-2.8B
-5.8B
-3.8B
-1.8B
-1.7B
-1B
-1.2B
-2.5B
(154M)
(457M)
-3.7B
-496M
(3M)
(51M)
(157M)
(57M)
(86M)
(156M)
(70M)
(1.2B)
(1.2B)
(286M)
(2.6B)
(662M)
(757M)
(0.0)
(0.0)
(0.0)
-75M
-310M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
90M
145M
204M
787M
269M
192M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
24M
-1.2B
32M
-10M
2M
-402M
28M
111M
282M
-470M
-44M
233M
121M
-100M
887M
-164M
-269M
-2B
-2.5B
-5.9B
-2B
-1.9B
-3.1B
-3.7B
-2.5B
-1.5B
-3.2B
-5.7B
-2.3B
-444M
-1.5B
(2.5B)
-652M
-2B
FINANCING ACTIVITIES
-1.1B
-3.4B
-3.9B
-1.4B
26M
-433M
-1.4B
-4.5B
-350M
-36M
-1.1B
-2.3B
-1.8B
-309M
0.0
0.0
0.0
-379M
2.1B
2B
-2.4B
-1.5B
4.1B
476M
1B
-170M
1.3B
243M
2.4B
-1B
6.6B
-26M
-26M
-25M
-1.9B
-1.9B
-1.9B
-1.8B
-1.6B
-1.6B
-1.6B
-1.4B
-1.4B
-1.3B
-1.2B
-1.1B
-807M
-5.5B
-7.5B
-1.4B
(0.0)
-1.2B
-3.5B
-4B
-1.5B
(0.0)
-443M
-1.7B
-4.6B
-1.6B
-1.1B
-1.5B
-2.7B
-2.2B
-356M
(0.0)
(0.0)
(0.0)
-268M
-190M
-260M
-255M
-376M
-328M
28M
-293M
-196M
-71M
-41M
-7M
-16M
-39M
-1M
-3M
1.1B
-3.7B
-3.3B
-4B
-5.9B
-3.4B
1.8B
-2.5B
-5.2B
-2.1B
-178M
-2.1B
-1.4B
-3.7B
699M
-7.5B
-1.4B
1B
CASH FLOW SUMMARY
50M
-8M
43M
49M
-42M
77M
-14M
-35M
17M
10M
9M
-64M
22M
14M
0.0
0.0
0.0
-622M
-1.6B
-2.8B
3B
633M
900M
-1.4B
-100M
408M
-363M
-2.1B
-193M
1.9B
3.5B
0.0
0.0
0.0
1.7B
3.3B
6.1B
3.1B
2.5B
1.6B
3B
3.1B
2.7B
3.1B
5.2B
5.4B
3.5B
0.0
0.0
0.0
0.0
1.1B
1.7B
3.3B
6.1B
3.1B
2.5B
1.6B
3B
3.1B
2.7B
3.1B
5.2B
5.4B
3.5B
0.0
0.0
0.0
2.7B
2.3B
4.6B
8.6B
4.2B
-809M
935M
4.9B
1.8B
119M
-51M
-244M
4.2B
2.6B
4B
942M
-1.5B

SEC Filings

PSX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 13, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

April 06, 2026
April 06, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 02, 2026
May 13, 2026
2026
8-K

8-K 2026

N/A

March 18, 2026
March 13, 2026
2026
8-K

8-K 2026

N/A

March 09, 2026
March 06, 2026
2026
10-K

10-K 2025 FY

FY

February 20, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 04, 2026
February 04, 2026
2026
8-K

8-K 2025

N/A

October 29, 2025
October 29, 2025
2025
Showing 1 to 10 of 225 filings