Phillips 66 (PSX) Declines More Than Market: Some Information for Investors

Company Performance - Phillips 66's stock closed at $121.86, reflecting a -0.62% change from the previous trading day, underperforming the S&P 500's daily loss of 0.29% [1] - Over the past month, shares of Phillips 66 gained 9.29%, outperforming the Oils-Energy sector, which saw a loss of 1.71%, and the S&P 500, which gained 2.52% [1] Upcoming Earnings - The company's earnings report is scheduled for January 31, 2025, with an anticipated EPS of$ 0.17, representing a 94.5% decline compared to the same quarter last year [2] - Revenue is projected at $32.25 billion, reflecting a 16.75% decrease from the equivalent quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for Phillips 66 indicate shifting short-term business dynamics, with positive alterations suggesting analyst optimism regarding the company's profitability [3] - The Zacks Consensus EPS estimate has decreased by 12.99% over the past month, and Phillips 66 currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Phillips 66 is trading at a Forward P/E ratio of 15.64, which is below the industry average Forward P/E of 16.98 [6] - The company has a PEG ratio of 3.91, compared to the average PEG ratio of 2.93 for the Oil and Gas - Refining and Marketing industry [7] Industry Context - The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector and holds a Zacks Industry Rank of 68, placing it in the top 28% of over 250 industries [8]