
Phillips 66 (PSX) Stock Forecast & Price Target
Phillips 66 (PSX) Analyst Ratings
Bulls say
Phillips 66's stock outlook is bolstered by its strong financial performance in the Marketing segment, which exceeded expectations, generating $477 million and aligning with the company's guidance of approximately $1.0 billion in Midstream/Chem EBITDA growth anticipated by 2027. The increasing proportion of equity volumes, expected to rise from 30% to around 40% over the next 18 months, alongside long-term contracts securing 52% of third-party volumes, underlines a solid revenue framework. Furthermore, the company's projected EBITDA growth from $4.0 billion to an estimated $4.5 billion by 2027, supported by positive market conditions and successful project execution, enhances confidence in its financial trajectory.
Bears say
The financial analysis of Phillips 66 reveals several concerns that contribute to a negative outlook on the stock. The midstream segment demonstrated weaker performance, with operating income dropping to $697 million, attributed to lower volumes despite higher margins, which raises concerns about sustainability and growth potential. Additionally, risks such as narrow sweet/sour differentials, reduced global product demand, and potential margin contractions due to renegotiated contracts further amplify uncertainties surrounding the company’s financial health and shareholder returns.
This aggregate rating is based on analysts' research of Phillips 66 and is not a guaranteed prediction by Public.com or investment advice.
Phillips 66 (PSX) Analyst Forecast & Price Prediction
Start investing in Phillips 66 (PSX)
Order type
Buy in
Order amount
Est. shares
0 shares