NYSEEnergyOil & Gas Refining & MarketingSnapshot 2026-07-31
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Create your account →Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Energy is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Complete $2.4 billion capital budget in 2026: metric not reported.
View ThesisRevenue is contracting — down about 2% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 44%, softest on free-cash-flow margins.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskPhillips 66's growth depends on its ability to manage refining and petrochemical earnings. Recent financial performance has been weak, with reported profits not well backed by cash. The stock trades at 27× P/E versus a peer median of 23×. This suggests the price reflects less growth than expected. A specific risk is the potential for guidance cuts, which could negatively impact estimates. Peer multiples imply a price about 6% below where it trades. This read is provisional.
Trailing returns as of 2026-07-31. PSX is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 20 analysts currently covering PSX (as of Jul 2026).
Based on 8 Wall Street analysts offering 12-month price targets for PSX in the last 4 months.
A consensus fair price across 8 valuation methods, at three horizons. As of 2026-08-01. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Oil & Gas Refining & Marketing — fair value, gap to price, and forward P/E.
Advances: Allocate $2.4 billion for 2026 capital budget
Increases shareholder returns, aligns with capital allocation strategy.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-07-31. EPS is implied from price ÷ P/E. Not investment advice.
Current $211.68
The last 12 months of price, then the range of analyst 12-month targets from today’s $211.68.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Around the middle on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Allocate $2.4 billion for 2026 capital budget
Increases shareholder returns, aligns with capital allocation strategy.
Analyst downgrade suggests potential negative outlook on growth.
Threatens: Capture stronger margins post-turnarounds
Higher crude costs may impact margins post-turnarounds.
Threatens: Capture stronger margins post-turnarounds
Earnings volatility threatens margin capture post-turnarounds.
Threatens: Capture stronger margins post-turnarounds
Earnings volatility threatens margin capture post-turnarounds.
Advances: Focus on organic Midstream growth
Expands midstream capacity aligns with growth focus.
Advances: Focus on organic Midstream growth
Midstream expansion directly supports growth objective.
