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PSX
Stock ticker: NYSE
AS OF
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Price
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Capitalization
53.47B

PSX Phillips 66 Forecast, Technical & Fundamental Analysis

a company which engages in the business of refining and marketing, midstream and chemicals businesses

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for PSX with price predictions
08:00 PM EDT Sep 19, 2023

PSX sees MACD Histogram just turned negative

PSX saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 19, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 45 instances where the indicator turned negative. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for PSX moved out of overbought territory on September 15, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 36 similar instances where the indicator moved out of overbought territory. In of the 36 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where PSX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PSX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PSX broke above its upper Bollinger Band on September 07, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on August 29, 2023. You may want to consider a long position or call options on PSX as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PSX advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 278 cases where PSX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. PSX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock slightly better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.791) is normal, around the industry mean (6.793). P/E Ratio (5.184) is within average values for comparable stocks, (15.528). Projected Growth (PEG Ratio) (0.639) is also within normal values, averaging (2.925). Dividend Yield (0.034) settles around the average of (0.056) among similar stocks. P/S Ratio (0.366) is also within normal values, averaging (0.673).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are MARATHON PETROLEUM Corp (NYSE:MPC), Phillips 66 (NYSE:PSX), Valero Energy Corp (NYSE:VLO).

Industry description

The Oil Refining/Marketing segment includes companies that refine crude oil into a number of petroleum products, including gasoline, jet fuel and diesel, and then sell the usable products to the end users. These companies are involved in what’s called downstream operations in the oil business. They also engage in the marketing and distribution of crude oil and natural gas products. In other words, the downstream oil and gas business is focused on post-production processes of crude oil and natural gas. When oil prices slump, downstream businesses are hurt less or in some cases even benefit, since their purchase cost of crude oil goes down. Some of the biggest U.S. oil refining/marketing companies include Phillips 66, Marathon Petroleum Corporation and Valero Energy Corp.

Market Cap

The average market capitalization across the Oil Refining/Marketing Industry is 6.41B. The market cap for tickers in the group ranges from 107.69K to 61.04B. MPC holds the highest valuation in this group at 61.04B. The lowest valued company is AMCF at 107.69K.

High and low price notable news

The average weekly price growth across all stocks in the Oil Refining/Marketing Industry was -0%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was 6%. HEOL experienced the highest price growth at 13%, while SPTJF experienced the biggest fall at -18%.

Volume

The average weekly volume growth across all stocks in the Oil Refining/Marketing Industry was -20%. For the same stocks of the Industry, the average monthly volume growth was -23% and the average quarterly volume growth was -36%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 55
P/E Growth Rating: 58
Price Growth Rating: 47
SMR Rating: 49
Profit Risk Rating: 75
Seasonality Score: -10 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I. Advisor
published Earnings

PSX is expected to report earnings to rise 23.77% to $4.79 per share on October 27

Phillips 66 PSX Stock Earnings Reports
Q3'23
Est.
$4.79
Q2'23
Beat
by $0.27
Q1'23
Beat
by $0.63
Q4'22
Missed
by $0.47
Q3'22
Beat
by $1.63
The last earnings report on August 02 showed earnings per share of $3.87, beating the estimate of $3.60. With 2.44M shares outstanding, the current market capitalization sits at 53.47B.
A.I.Advisor
published Dividends

PSX paid dividends on September 01, 2023

Phillips 66 PSX Stock Dividends
А dividend of $1.05 per share was paid with a record date of September 01, 2023, and an ex-dividend date of August 17, 2023. Read more...
A.I. Advisor
published General Information

General Information

a company which engages in the business of refining and marketing, midstream and chemicals businesses

Industry OilRefiningMarketing

Profile
Fundamentals
Details
Industry
Oil Refining Or Marketing
Address
2331 CityWest Boulevard
Phone
+1 832 765-3010
Employees
13000
Web
https://www.phillips66.com
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PSX and

Correlation & Price change

A.I.dvisor indicates that over the last year, PSX has been closely correlated with MPC. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSX jumps, then MPC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PSX
1D Price
Change %
PSX100%
-0.12%
MPC - PSX
82%
Closely correlated
+0.34%
VLO - PSX
81%
Closely correlated
+0.22%
DINO - PSX
75%
Closely correlated
-0.95%
CVI - PSX
74%
Closely correlated
+0.39%
PBF - PSX
72%
Closely correlated
-0.28%
More

Groups containing PSX

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PSX
1D Price
Change %
PSX100%
-0.12%
mid-stream services
(undefined stocks)
96%
Closely correlated
+0.21%
oil marketing
(undefined stocks)
90%
Closely correlated
-0.30%
PSX
(undefined stocks)
89%
Closely correlated
-0.26%
oil refining
(undefined stocks)
89%
Closely correlated
-0.06%
chemicals
(undefined stocks)
53%
Loosely correlated
-1.38%
More