Phillips 66 ($PSX) Stock Forecast: Up 0.8% Today

What is Phillips 66?

Phillips 66 (NYSE: PSX) is a leading energy manufacturing and logistics company with a market capitalization of $54.32 billion. Today, the stock had a strong bullish movement.

Why is Phillips 66 going up?

PSX stock is up 0.8% on Oct 29, 2025 14:50

• Phillips 66 has shown impressive outperformance over the past 5 years, with an average annual return of 22.75%, which likely contributed to today's bullish movement.
• Anticipation surrounding the upcoming Q3 earnings, especially with factors like softer crude prices and steady midstream income, may have boosted investor confidence in the company's refining-driven performance.
• The positive market sentiment towards Phillips 66's strong historical performance and the potential for robust Q3 results could have been key drivers behind today's bullish movement in the stock.

PSX Price Chart

PSX Technical Analysis

PSX News

If You Invested $1000 In Phillips 66 Stock 5 Years Ago, You Would Have This Much Today - Phillips 66 ( NYSE:PSX )

Phillips 66 ( NYSE:PSX ) has outperformed the market over the past 5 years by 6.97% on an annualized basis producing an average annual return of 22.75%. Currently, Phillips 66 has a market capitalization of $54.32 billion.

https://www.benzinga.com/insights/news/25/10/48482553/if-you-invested-1000-in-phillips-66-stock-5-years-ago-you-would-have-this-much-today

Phillips 66 Set to Report Q3 Earnings: Here's What You Need to Know

PSX gears up for Q3 results as softer crude prices and steady midstream income shape expectations for its refining-driven performance.

https://www.zacks.com/stock/news/2776495/phillips-66-set-to-report-q3-earnings-heres-what-you-need-to-know

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Phillips 66 Price History

10.09.2025 - PSX Stock was down 2.7%

• The bearish movement in PSX today could be attributed to profit-taking by investors after the stock's strong performance over the past 5 years.
• Market sentiment may have shifted due to concerns about the energy sector's outlook or specific company developments.
• It's possible that external factors such as changes in oil prices or regulatory issues impacted PSX's stock price negatively today.

13.04.2025 - PSX Stock was up 5.2%

• Phillips 66 experienced a strong bullish movement today.
• The bullish movement could be attributed to recent developments regarding an activist investor's win in a proxy fight, with a recommendation for changes in the board composition.
• The validation of the case for change and criticism of operating performance and disclosure practices likely boosted investor confidence in potential strategic improvements.
• This development suggests that investors are optimistic about the prospect of strategic changes at Phillips 66, contributing to the bullish market movement.

09.03.2025 - PSX Stock was down 5.1%

• The bearish movement in PSX today can be attributed to the following factors:
• Energy industry veteran Gregory J. Goff's letter highlighting a breakdown in board governance and lackluster shareholder value delivery may have eroded investor confidence.
• Elliott's engagement and launch of the "Streamline 66" podcast featuring refining discussions with director nominees could have stirred uncertainty and potential restructuring concerns among investors.
• Despite recent bullish bets by financial giants on PSX options, the overall sentiment may have been swayed by Elliott's campaign for board change to improve performance and increase shareholder value.
• The emphasis on a retain strategy for PSX, focusing on stable businesses like midstream and renewables, might not have been sufficient to offset concerns raised by Elliott's push for board changes and strategic realignment.

08.03.2025 - PSX Stock was down 5.1%

• The bearish movement in PSX today could be attributed to the overall market gains, which led to a slight decline in the stock price.
• The launch of the "Streamline 66" podcast by Elliott featuring industry experts like Brian Coffman may have generated some positive buzz, but it seems that investors were more influenced by the market trends.
• Despite Elliott's campaign for board changes at Phillips 66 to improve performance and increase shareholder value, the stock experienced a slight dip, possibly due to profit-taking by some investors.
• The bullish bets on PSX options by financial giants might have initially sparked optimism, but the overall market sentiment and trading dynamics ultimately led to the stock sinking slightly.

22.03.2025 - PSX Stock was up 5.0%

• The positive movement in PSX stock might be linked to options traders demonstrating confidence in the company's future, as seen in the options market activities.
• While surveys indicated concerns about operations, CEO effectiveness, and value creation, investors seem to be looking ahead to potential turnaround strategies or upcoming positive developments within the company.
• The discrepancy between the survey findings and the market performance suggests that investors may be focusing on future improvements or strategic changes in Phillips 66's business operations.
• This discrepancy in sentiment underscores the intricate nature of investor decision-making and underlines the significance of considering various factors beyond survey results when assessing a stock's performance.

22.07.2025 - PSX Stock was up 4.3%

• The bullish movement in PSX could be attributed to the reduced gasoline output at its Bayway refinery in New Jersey.
• The production outage at a key unit might have led investors to anticipate a potential increase in gasoline prices, hence driving up the stock price.
• This incident highlights the vulnerability of oil and gas companies to operational disruptions, which can have a significant impact on their stock performance.

21.04.2025 - PSX Stock was down 6.4%

• The bearish movement in PSX stock today could be attributed to external factors prompting for change within the company, potentially causing uncertainty among investors.
• The announcement of the divestment of a majority stake in its European fuel retail unit could have also contributed to the negative sentiment, as it indicates a shift in the company's strategic focus.
• The increased stake of a particular entity in Phillips 66, as well as their efforts to drive positive change through new director nominees, might have created some short-term volatility in the stock as investors assess the potential impact of these developments.
• Overall, the market reaction to recent events suggests that investors are closely monitoring the company's strategic decisions and potential changes in leadership, leading to the bearish movement in the stock today.

10.03.2025 - PSX Stock was down 5.0%

• PSX recently saw an 11.1% surge, but this growth may not have been supported by positive earnings estimate revisions, resulting in profit-taking and a bearish trend.
• Gregory J. Goff, a prominent figure in the energy industry, expressed concerns about governance issues and the lack of desired outcomes from the current strategy in a letter to shareholders, potentially impacting investor confidence and fueling the bearish movement.
• The engagement of Elliott Management with Phillips 66 has raised uncertainty and investor concerns, possibly contributing to the current bearish market sentiment.
• While some financial institutions took bullish positions in PSX options, overall trading sentiment was mixed, with 66% of traders being bullish and 33% leaning bearish, adding to the stock's volatility and downward pressure.

04.03.2025 - PSX Stock was down 8.2%

• There is a positive outlook for PSX indicated by significant bullish positions taken by financial giants in the options market, amid the bearish market trend.
• The company's emphasis on stable segments such as midstream and renewables could serve as a long-term advantage, despite short-term market variations.
• Recent shareholder activism calling for changes in PSX's board composition might have introduced uncertainty and contributed to the stock's downturn.
• The acquisition of New Fortress Energy's Jamaica assets by Excelerate Energy may have indirectly influenced market sentiment towards PSX, leading to the observed bearish movement.

04.03.2025 - PSX Stock was down 9.8%

• The bearish movement in PSX could be attributed to a letter sent by Elliott to shareholders, advocating for a board change to enhance performance and increase shareholder value. This uncertainty might have led to a sell-off by investors.
• Despite PSX's stable business model focusing on midstream, renewables, and chemicals, the market sentiment seems to have been impacted by potential upcoming board changes.
• The news of Excelerate Energy acquiring and expanding its LNG infrastructure portfolio may have shifted investor attention away from PSX, contributing to the stock's decline.
• Overall, the combination of internal board restructuring discussions and external industry developments could have influenced the bearish movement in PSX today.

29.09.2025 - PSX Stock was up 0.8%

• Phillips 66 has shown impressive outperformance over the past 5 years, with an average annual return of 22.75%, which likely contributed to today's bullish movement.
• Anticipation surrounding the upcoming Q3 earnings, especially with factors like softer crude prices and steady midstream income, may have boosted investor confidence in the company's refining-driven performance.
• The positive market sentiment towards Phillips 66's strong historical performance and the potential for robust Q3 results could have been key drivers behind today's bullish movement in the stock.

23.09.2025 - PSX Stock was up 5.1%

• Despite a recent -1.33% decline in the stock price, there is optimism surrounding Phillips 66's upcoming earnings.
• The expected earnings growth could be the driving force behind today's bullish movement in PSX.
• Positive reactions from investors to the company's strategies or market expectations may be influencing the stock's upward trend.
• The general market sentiment towards energy firms and the sector's performance could also be playing a role in the stock's bullish movement.