Phillips 66 (NYSE:PSX) will post its quarterly earnings results before the market opens on Tuesday, August 1st. Analysts expect Phillips 66 to post earnings of $1.05 per share for the quarter.

Phillips 66 (NYSE:PSX) last issued its earnings results on Friday, April 28th. The oil and gas company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.03 by $0.53. The company had revenue of $23.71 billion during the quarter, compared to analyst estimates of $22.30 billion. Phillips 66 had a return on equity of 5.98% and a net margin of 1.86%. During the same quarter last year, the firm earned $0.67 EPS. On average, analysts expect Phillips 66 to post $4.14 EPS for the current fiscal year and $5.65 EPS for the next fiscal year.

Shares of Phillips 66 (NYSE PSX) traded up 0.73% on Thursday, hitting $84.31. The stock had a trading volume of 1,226,729 shares. The stock has a market cap of $43.51 billion, a P/E ratio of 26.16 and a beta of 1.23. The firm’s 50-day moving average is $81.24 and its 200 day moving average is $79.70. Phillips 66 has a 1-year low of $73.82 and a 1-year high of $88.87.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 18th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $2.80 annualized dividend and a yield of 3.35%. Phillips 66’s dividend payout ratio (DPR) is 86.96%.

Several equities analysts have commented on the company. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $84.00 price target on shares of Phillips 66 in a report on Friday, July 14th. Zacks Investment Research cut Phillips 66 from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. TheStreet raised Phillips 66 from a “c” rating to a “b-” rating in a report on Friday, June 30th. Scotiabank reaffirmed a “hold” rating and issued a $86.00 price target on shares of Phillips 66 in a report on Tuesday, June 27th. Finally, BidaskClub raised Phillips 66 from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Phillips 66 has an average rating of “Hold” and a consensus price target of $84.12.

COPYRIGHT VIOLATION NOTICE: “Phillips 66 (NYSE:PSX) Scheduled to Post Earnings on Tuesday” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece of content can be viewed at

Phillips 66 Company Profile

Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining, and marketing and specialties businesses. The Company operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment gathers, processes, transports and markets natural gas, and transports, stores, fractionates and markets natural gas liquids (NGLs) in the United States.

Earnings History for Phillips 66 (NYSE:PSX)

Receive News & Ratings for Phillips 66 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phillips 66 and related companies with's FREE daily email newsletter.