最新ニュース Phillips 66 (NYSE:PSX) 株価情報

Phillips 66

Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.

Earnings

Equities

News

Pre-Market Outlook

Markets

Trading Ideas

投資家の恐怖指数は改善｜ダウは350ポイント以上の下落を記録

GOOGL

MSFT

金曜日の朝、米国株式先物は高く推移し、本日投資家の関心を集める可能性がある銘柄は以下の通りです。

金曜日に注目すべきマイクロソフト、アルファベット、シェブロン3つの株式

Pasinex Resources Ltd

<p>Financial giants have made a conspicuous bearish move on Phillips 66. Our analysis of options history for Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) revealed 8 unusual trades.</p>
<p>Delving into the details, we found 25% of traders were bullish, while 75% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $231,090, and 2 were calls, valued at $66,846.</p>
<h3>Predicted Price Range</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $115.0 to $140.0 for Phillips 66 over the last 3 months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In today's trading context, the average open interest for options of Phillips 66 stands at 617.0, with a total volume reaching 809.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Phillips 66, situated within the strike price corridor from $115.0 to $140.0, throughout the last 30 days.</p>
<h3>Phillips 66 Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726674395_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PSX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$12.3</td>
<td>$12.2</td>
<td>$12.2</td>
<td>$120.00</td>
<td>$48.8K</td>
<td>228</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>PSX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$12.0</td>
<td>$11.6</td>
<td>$11.9</td>
<td>$120.00</td>
<td>$48.7K</td>
<td>228</td>
<td style="text-align: right;">101</td>
</tr>
<tr>
<td>PSX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.3</td>
<td>$10.2</td>
<td>$10.2</td>
<td>$115.00</td>
<td>$40.8K</td>
<td>1.4K</td>
<td style="text-align: right;">75</td>
</tr>
<tr>
<td>PSX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$8.9</td>
<td>$8.6</td>
<td>$8.7</td>
<td>$130.00</td>
<td>$39.1K</td>
<td>338</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>PSX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$10.2</td>
<td>$8.6</td>
<td>$10.0</td>
<td>$115.00</td>
<td>$36.0K</td>
<td>1.4K</td>
<td style="text-align: right;">175</td>
</tr>
</tbody>
</table>
</p>
<h3>About Phillips 66</h3>
<p>Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.</p>
<h3>Phillips 66's Current Market Status</h3>
<ul>
<li>With a volume of 605,842, the price of PSX is up 1.56% at $130.3. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 41 days.</li>
</ul>
<h3>Expert Opinions on Phillips 66</h3>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $156.5.</p>
<ul>
<li>An analyst from Wells Fargo has decided to maintain their Overweight rating on Phillips 66, which currently sits at a price target of $182. </li>
<li>An analyst from TD Cowen persists with their Buy rating on Phillips 66, maintaining a target price of $150. </li>
<li>An analyst from Morgan Stanley persists with their Equal-Weight rating on Phillips 66, maintaining a target price of $144. </li>
<li>Maintaining their stance, an analyst from Mizuho continues to hold a Neutral rating for Phillips 66, targeting a price of $150. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Phillips 66 with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

Market Whales and Their Recent Bets on PSX Options

<p>Morgan Stanley  analyst Connor Lynagh   maintains Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) with a Equal-Weight and lowers the price target from $150 to $144.</p>


Price Target

Analyst Ratings

Morgan Stanley Maintains Equal-Weight on Phillips 66, Lowers Price Target to $144

<p>Mizuho  analyst Nitin Kumar   maintains Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) with a Neutral and lowers the price target from $154 to $150.</p>


Mizuho Maintains Neutral on Phillips 66, Lowers Price Target to $150

<p>Hurricane Francine, currently <a href="https://www.benzinga.com/markets/equities/24/08/40259269/storm-debby-headed-for-nyc-highly-populated-areas-as-catastrophic-flooding-persists">approaching Louisiana&#8217;s coast</a>, is expected to make landfall in the late afternoon and early evening as a Category 1 storm.</p>
<p>The storm&#8217;s northern eyewall was about 95 miles southwest of Morgan City, Louisiana at 2 p.m. ET. NBC News reports sustained wind speeds of 90 miles per hour as it moves northeast at 16 miles per hour.</p>
<p>Francine may develop into a Category 2 storm with winds between 96 and 110 miles per hour, according to meteorologists. It&#8217;s expected to reach land between Avery Island and Houma, Louisiana between 4 p.m. and 8 p.m. ET.</p>
<p><strong>Read Also: </strong><a href="https://www.benzinga.com/24/08/40224567/as-tropical-storm-debby-hits-south-carolina-bettors-predict-an-aggressive-hurricane-season-will-it-b"><strong>As Tropical Storm Debby Hits South Carolina, Bettors Predict An Aggressive Hurricane Season</strong></a></p>
<p>Hurricane Francine is likely to make landfall between Avery Island and Houma, Louisiana, between 4 p.m. and 8 p.m. ET Wednesday.</p>
<p>A hurricane warning is in effect across most of the Louisiana coastline, while a storm surge warning covers the area from High Island, near Houston, all the way to the Mississippi and Alabama border.</p>
<p>A state of emergency has been declared by the governors of both Louisiana and Mississippi, with many local leaders ordering or strongly recommending that towns and cities evacuate low-lying, coastal areas.</p>
<p>Flights from New Orleans International Airport were canceled at 12 p.m. ET.</p>
<p>President <strong>Joe Biden</strong> approved an emergency declaration for Louisiana, making federal disaster assistance available to the state, the Federal Emergency Management Agency said Wednesday.</p>
<p>&#8220;The President's action authorizes FEMA to coordinate disaster relief efforts to alleviate the hardship and suffering caused by the emergency on the local population and to provide appropriate assistance to save lives, to protect property, public health and safety and to lessen or avert the threat of a catastrophe in the designated areas,&#8221; the agency said.</p>
<p><strong>Exxon Mobil Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) said <a href="https://www.benzinga.com/markets/equities/24/09/40814667/exxon-other-us-oil-majors-brace-for-tropical-storm-francine-report">earlier on Wednesday</a> that it plans to cut production at its Baton Rouge, Louisiana, refinery to as low as 20% of its 522,500 barrel-per-day capacity by Wednesday in anticipation of the hurricane.</p>
<p><strong>Price Action</strong>: Oil companies that operate refineries on the Louisiana coast mostly fell into Wednesday&#8217;s late-afternoon trading.</p>
<ul>
<li>Exxon Mobil slipped 0.66% to $110.08</li>
<li><strong>Marathon Petroleum Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>) slipped 2.64% to $159.22</li>
<li><strong>Shell plc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>) gained 0.55% to $66.26</li>
<li><strong>Valero Energy Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>) went down 2.24% to $133.04</li>
<li><strong>Phillips 66 </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) declined 1.29% to $125.242</li>
</ul>
<p><strong>Read Now:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/07/39581491/whats-going-on-with-cruise-stocks-as-category-4-hurricane-beryl-churns-in-the-caribbean">What&#8217;s Going On With Cruise Stocks As Category 4 Hurricane Beryl Churns In the Caribbean?</a></strong></li>
</ul>
<p><em>Image: Shutterstock</em></p>


Government

SHEL

Hurricane Francine Approaches Louisiana Coast With Category 2 Storm Potential, Local Oil Refineries Cut Production

<p>TD Cowen  analyst Jason Gabelman   maintains Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) with a Buy and lowers the price target from $162 to $150.</p>


TD Cowen Maintains Buy on Phillips 66, Lowers Price Target to $150

<p><a href="https://www.wexinc.com/resources/blog/wex-expands-driverdash-app-to-thousands-of-phillips-66-conoco-and-76-locations-in-the-u-s/" title="https://www.wexinc.com/resources/blog/wex-expands-driverdash-app-to-thousands-of-phillips-66-conoco-and-76-locations-in-the-u-s/">https://www.wexinc.com/resources/blog/wex-expands-driverdash-app-to-thousands-of-phillips-66-conoco-and-76-locations-in-the-u-s/</a></p>


'WEX expands DriverDash app to thousands of Phillips 66, Conoco, and 76 locations in the U.S.' - Blog Post

<p><strong>Phillips 66's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) short percent of float has fallen 6.73% since its last report. The company recently reported that it has <strong>8.12 million shares sold short</strong>, which is 1.94% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 3.85 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Phillips 66 Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725469211_0_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Phillips 66 has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing Phillips 66's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Phillips 66's peer group average for short interest as a percentage of float is 6.57%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

Looking Into Phillips 66's Recent Short Interest

<p>Analysts' ratings for Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) over the last quarter vary from bullish to bearish, as provided by 12 analysts.</p>
<p>Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $155.33, a high estimate of $182.00, and a low estimate of $136.00. Observing a downward trend, the current average is 2.05% lower than the prior average price target of $158.58. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725386408_0.png" alt="price target chart" /></p>
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
<p>A comprehensive examination of how financial experts perceive Phillips 66 is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$182.00</td>
<td>$176.00</td>
</tr>
<tr>
<td>Theresa Chen</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$138.00</td>
<td>$136.00</td>
</tr>
<tr>
<td>Jason Gabelman</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$162.00</td>
<td>$155.00</td>
</tr>
<tr>
<td>Justin Jenkins</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$155.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$176.00</td>
<td>$180.00</td>
</tr>
<tr>
<td>Paul Cheng</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Outperform</td>
<td>$145.00</td>
<td>$156.00</td>
</tr>
<tr>
<td>Theresa Chen</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$136.00</td>
<td>$142.00</td>
</tr>
<tr>
<td>John Royall</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$162.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Theresa Chen</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$142.00</td>
<td>$147.00</td>
</tr>
<tr>
<td>Jason Gabelman</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$155.00</td>
<td>$164.00</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$160.00</td>
<td>$162.00</td>
</tr>
<tr>
<td>Ryan Todd</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$151.00</td>
<td>$170.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Phillips 66. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Phillips 66 compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Phillips 66's market standing. Stay informed and make data-driven decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PSX/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Phillips 66 analyst ratings.</strong></a></p>
<h2>About Phillips 66</h2>
<p>Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.</p>
<h3>Financial Insights: Phillips 66</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.</p>
<p><strong>Revenue Growth:</strong> Phillips 66's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of <strong>8.66%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.</p>
<p><strong>Net Margin:</strong> Phillips 66's net margin excels beyond industry benchmarks, reaching <strong>2.65%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Phillips 66's ROE excels beyond industry benchmarks, reaching <strong>3.42%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>1.33%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> Phillips 66's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.68</strong>.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Demystifying Phillips 66: Insights From 12 Analyst Reviews

WIIM

AROC

BANL

BWLP

CTRA

EQNR

FANG

GPOR

GPRE

HAFN

MTDR

PFIE

PTEN

SDRL

TRMD

VIST

WFRD

Shares of oil and gas companies are trading lower following reports suggesting an impending deal will restart Libyan oil production and exports.

<p>Wells Fargo  analyst Roger Read   maintains Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) with a Overweight and raises the price target from $176 to $182.</p>


Wells Fargo Maintains Overweight on Phillips 66, Raises Price Target to $182

<p><a href="https://www.phillips66.com/newsroom/phillips-66-powers-forward-ev-charging/" title="https://www.phillips66.com/newsroom/phillips-66-powers-forward-ev-charging/">https://www.phillips66.com/newsroom/phillips-66-powers-forward-ev-charging/</a></p>


Phillips 66 Plans To Install EV Charging Stations At Over 30 Sites Across Texas, California, Colorado, Oregon, And Washington By End Of 2025

<p>After eight consecutive positive sessions, Wall Street hit a pause. The S&amp;P 500 and Nasdaq 100 indices ended Tuesday&#8217;s session with slight declines, halting their best winning streaks since May 2024 <a href="https://www.benzinga.com/markets/equities/24/08/40450395/s-p-500-nasdaq-100-extend-8-session-winning-streak-as-wall-street-jitters-go-poof-mondays-key-st">and October 2023, respectively.</a></p>
<p>The day was characterized by a lack of economic data, leading to a significant drop in trading volumes across major U.S. stock exchanges. </p>
<p>Fed Governor <strong>Michelle Bowman</strong> delivered hawkish comments in the afternoon, stating that she still sees upside risks to inflation. This did little to improve an already negative session.</p>
<p>Bowman further emphasized that wage gains remain above the pace consistent with the Fed's inflation goal, and stressed the need to remain vigilant on the price-stability side of the Fed&#8217;s mandate while monitoring risks of a material weakening in the labor market.</p>
<h3 class="wp-block-heading">Tuesday&#8217;s Major Drags On S&amp;P 500, Nasdaq 100</h3>
<p>The S&amp;P 500, tracked by the <strong>SPDR S&amp;P 500 ETF Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), closed down 0.2%. A similar drop was observed in the tech-heavy Nasdaq 100 index, as tracked by the <strong>Invesco QQQ Trust</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).</p>
<p>Sector performance saw three sectors finishing in positive territory and eight in the red:</p>
<ul>
<li>The <strong>Consumer Staples Select Sector SPDR Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) rose 0.5% </li>
<li><strong>Health Care Select Sector SPDR Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) rose 0.4%</li>
<li>The <strong>Real Estate Select Sector SPDR Fund </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) edged up by 0.1%.</li>
</ul>
<p>On the downside, energy stocks led the laggards as WTI oil prices fell below $74 per barrel, marking a two-week low. The <strong>Energy Select Sector SPDR Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) dropped 2.6%.</p>
<p>Among individual stocks, <strong>Nvidia Corp.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) was the biggest drag on the S&amp;P 500, falling 2.1% and accounting for a 0.15 percentage point loss in the overall index. <strong>Exxon Mobil Corp.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) was another significant negative contributor, falling 3.4% and shaving off 0.04 percentage points from the S&amp;P 500 performance. </p>
<p>The worst performers in the S&amp;P 500 were <strong>Insulet Corp.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODD#NASDAQ">PODD</a>) and <strong>DexCom Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXCM#NASDAQ">DXCM</a>), which plunged 6.9% and 6.3%, respectively.</p>
<p>In the Nasdaq 100, Nvidia weighed down the index by 0.18 percentage points, followed by <strong>Broadcom Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), which contributed to a 0.05 percentage point loss. The tech index&#8217;s worst performers were DexCom and China&#8217;s <strong>PDD</strong> <strong>Holdings Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), the latter dropping 4.6%.</p>
<h3 class="wp-block-heading">Tuesday&#8217;s Worst Contributors To The S&amp;P 500 Performance</h3>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<td><strong>Company</strong></td>
<td><strong>Weight (%)</strong></td>
<td><strong>1-day return (%)</strong></td>
<td><strong>Contribution</strong></td>
</tr>
<tr>
<td><strong>NVIDIA Corporation</strong></td>
<td>6.78</td>
<td>-2.14%</td>
<td>-0.15pp</td>
</tr>
<tr>
<td><strong>Exxon Mobil Corporation</strong></td>
<td>1.13</td>
<td>-3.35</td>
<td>-0.04pp</td>
</tr>
<tr>
<td><strong>Broadcom Inc.</strong></td>
<td>1.55</td>
<td>-1.05</td>
<td>-0.02pp</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<h3 class="wp-block-heading">Tuesday&#8217;s Worst-Performing S&amp;P 500 Stocks</h3>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<td><strong>Company</strong></td>
<td>1-day return (%)</td>
</tr>
<tr>
<td><strong>Insulet Corporation</strong></td>
<td>-6.88</td>
</tr>
<tr>
<td><strong>DexCom, Inc.</strong></td>
<td>-6.27</td>
</tr>
<tr>
<td><strong>Phillips 66</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>)</td>
<td>-5.00</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<h3 class="wp-block-heading">Tuesday&#8217;s Worst Contributors To The Nasdaq 100 Performance</h3>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<td><strong>Company</strong></td>
<td><strong>Weight</strong> <strong>(%)</strong></td>
<td><strong>1-day return (%)</strong></td>
<td><strong>Contribution</strong></td>
</tr>
<tr>
<td><strong>NVIDIA Corporation</strong></td>
<td>8.26</td>
<td>-2.14</td>
<td>-0.18pp</td>
</tr>
<tr>
<td><strong>Broadcom Inc.</strong></td>
<td>5.18</td>
<td>-1.05</td>
<td>-0.05pp</td>
</tr>
<tr>
<td><strong>PDD Holdings Inc.</strong></td>
<td>0.67</td>
<td>-4.55</td>
<td>-0.03pp</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<h3 class="wp-block-heading">Tuesday&#8217;s Worst-Performing Nasdaq 100 Stocks</h3>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<td><strong>Company</strong></td>
<td><strong>1-day return (%)</strong></td>
</tr>
<tr>
<td><strong>DexCom, Inc.</strong></td>
<td>-6.27</td>
</tr>
<tr>
<td><strong>PDD Holdings Inc.</strong></td>
<td>-4.55</td>
</tr>
<tr>
<td><strong>Moderna, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>)</td>
<td>-3.35</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p>Read now: </p>
<ul>
<li><strong><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40466528/jackson-hole-preview-5-important-questions-ahead-of-jerome-powells-fed-speech">Jackson Hole Preview: 5 Important Questions Ahead Of Jerome Powell&#8217;s Fed Speech</a></strong></li>
</ul>


Large Cap

Mid Cap

Broad U.S. Equity ETFs

Small Cap

Econ #s

Federal Reserve

Tech

ETFs

AVGO

DXCM

MRNA

NVDA

Citigourp Global Markets 2% Protected Notes Linked To The Djia

PODD

XLRE

S&P 500, Nasdaq 100 Snap 8-Day Winning Streak: What Triggered Wall Street's Setback On Tuesday?

VTNR

Shares of oil and gas companies are trading lower amid a drop in the price of crude. Sector weakness may be due to soft demand in Asia and U.S. diplomatic efforts to secure a cease-fire deal in Israel.

<p>During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout.</a></p>
<p>Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.</p>
<p>Below are the ratings of the most accurate analysts for three high-yielding stocks in the energy sector.</p>
<h3 class="wp-block-heading"><strong>Chesapeake Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHK#NASDAQ">CHK</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 3.18%</li>
<li><strong>Wolfe Research </strong>analyst Doug Leggate reinstated an Outperform rating on July 18. This analyst has an accuracy rate of 62%.</li>
<li><strong>Benchmark </strong>analyst Subhash Chandra maintained a Buy rating and cut the price target from $107 to $93 on May 2. This analyst has an accuracy rate of 70%.</li>
<li><strong>Recent News:</strong> On July 29, Chesapeake Energy reported quarterly earnings of 1 cent per share, a 98.44% decrease from earnings of 64 cents per share from the same period last year.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent080924&amp;t=be2bearmibe3na1">latest CHK new</a>s.</li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent080924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="885" height="820" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055443/image-63.png" alt="" class="wp-image-486404" style="width:550px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055443/image-63.png 885w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055443/image-63-300x278.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055443/image-63-768x712.png 768w" sizes="(max-width: 885px) 100vw, 885px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Murphy Oil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUR#NYSE">MUR</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 3.24%</li>
<li><strong>Wolfe Research </strong>analyst Doug Leggate reinstated a Peer Perform rating on July 18. This analyst has an accuracy rate of 62%.</li>
<li><strong>Piper</strong> Sandler analyst Mark Lear maintained an Overweight rating and cut the price target from $55 to $54 on July 18. This analyst has an accuracy rate of 66%.</li>
<li><strong>Recent News:</strong> On Aug. 8, Murphy Oil reported second-quarter adjusted earnings per share of 81 cents. That's higher than the 79 cents it reported a year ago, beating the consensus of 74 cents..</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent080924&amp;t=be2bearmibe3na1"> trend in MUR stock.</a></li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent080924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="910" height="828" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055538/image-64.png" alt="" class="wp-image-486405" style="width:514px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055538/image-64.png 910w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055538/image-64-300x273.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055538/image-64-768x699.png 768w" sizes="(max-width: 910px) 100vw, 910px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Phillips 66 </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>)</h3>
<ul>
<li><strong>Dividend Yield:</strong> 3.40%</li>
<li><strong>Barclays </strong>analyst Theresa Chenmaintained an Equal-Weight rating and raised the price target from $136 to $138 on Aug. 5. This analyst has an accuracy rate of 79%.</li>
<li><strong>Raymond James </strong>analyst Justin Jenkins maintained an Outperform rating and boosted the price target of $150 to $155 on July 31. This analyst has an accuracy rate of 79%.</li>
<li><strong>Recent News:</strong> Phillips 66 is planning job cuts to advance strategic priorities, Reuters reported this week.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent080924&amp;t=be2bearmibe3na1">breakout in PSX shares.</a></li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent080924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="878" height="846" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055623/image-65.png" alt="" class="wp-image-486408" style="width:549px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055623/image-65.png 878w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055623/image-65-300x289.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/09055623/image-65-768x740.png 768w" sizes="(max-width: 878px) 100vw, 878px" /></a></figure></p>
<p><strong>Read More: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/earnings/24/08/40277332/s-p-500-records-best-session-since-january-2023-investor-sentiment-improves-but-greed-index-remains">S&amp;P 500 Records Best Session Since January 2023: Investor Sentiment Improves, But Greed Index Remains In &#8216;Extreme Fear&#8217; Zone</a></strong></li>
</ul>
<p><figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><br />
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
<p></p></figure></p>


Dividends

Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks Delivering High-Dividend Yields

Management

Phillips 66 Plans Job Cuts To Advance Strategic Priorities; Says Total Job Reductions Will Amount To Fewer Than 1% Of Employee Count

<p>Barclays  analyst Theresa Chen   maintains Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) with a Equal-Weight and raises the price target from $136 to $138.</p>


Barclays Maintains Equal-Weight on Phillips 66, Raises Price Target to $138

CEIX

CRGY

DWSN

EZFL

LBRT

LODE

RCON

REPX

TOPS

TRGP

Shares of oil and gas companies are trading lower. The sector might be moving amid overall market weakness due to economic slowdown concerns following recent US data, which could negatively impact demand.

ACDC

AESI

ARCH

BORR

CHRD

CLMT

DINO

GLNG

GPRK

LTBR

TALO

VNOM

WTTR

Shares of oil and gas stocks are trading lower despite Middle East tensions. Weak US economic data may be weighing on demand outlook.

Shares of oil and gas stocks are trading lower. Weakness in the sector may be due to wore-than-expected US economic data, which could pressure demand outlook.

<p>TD Cowen  analyst Jason Gabelman   maintains Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) with a Buy and raises the price target from $155 to $162.</p>


TD Cowen Maintains Buy on Phillips 66, Raises Price Target to $162

Dividend Champion, Contender, And Challenger Highlights: Week Of September 1

Two weeks ago we turned to a more bullish stance, which has proved to be correct, though we still await the explosive movement out of these consolidations.

Patchy But Still Bullish

Wells Fargo analyst Roger Read maintained a Buy rating on Phillips 66 (PSX – Research Report) today and set a price target of $182.00. The company'...

Phillips 66 (PSX) Gets a Buy from Wells Fargo

Phillips 66 sells non-core east Texas natural gas assets - Reuters

TD Cowen analyst Jason Gabelman maintained a Buy rating on Phillips 66 (PSX – Research Report) today and set a price target of $150.00. Jason Gabel...

Phillips 66's Strategic Reorganization and Positive Outlook Justify Buy Rating

Phillips 66 continues its losing streak for seven straight sessions

BNY Mellon Dynamic Value Fund Q2 2024 Commentary

Marathon Petroleum Corporation: A Solid Oil Refiner Despite Sector Weakness

Marathon Petroleum: A Solid Oil Refiner Despite Sector Weakness

U.S. refineries seen carrying out lightest fall maintenance season in three years

Comments

Phillips 66

ニュース

最新ニュース Phillips 66 (NYSE:PSX) 株価情報

金曜日, 4 26, 2024

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル