PSX Phillips 66

$PSX reports earnings tomorrow before the open. I’m bullish heading into the report: PSX has beaten EPS estimates in 6 of its last 8 reports, according to Stock Meadow. Analysts expect EPS of $11.73. What are you watching for?

$PSX is ranked #2 in energy momentum. I used Stock Meadow’s scoring model to review the scores. What do you think?

$PSX It's so close to 300 that I don't see why it wouldn't get there. But from a long-term perspective, this is getting absolutely wild.

$PSX Phillips east coast bayway refinery has locked out the union members over a contract dispute. All while they are making record profits!

$PSX Washington's Russian diesel license is aimed right at the crack Phillips 66 is minting. The first license covers 300K tons, which works out to roughly half a day of US distillate demand. PSX's Q2 showed what that crack is worth: adjusted EPS 9.41, realized refining margin 24.08 a barrel vs 11.25 a year ago, with its benchmark 3-2-1 averaging 41.63 vs 21.65. Utilization ran 96%. Small print in the 10-Q: part of the margin gain was mark-to-market that won't repeat once prices stop rising. Meanwhile the board bumped the buyback authorization by 10 billion in July, and TD Cowen just lifted its target to 295 (Goldman to 274) — the Street wants the windfall returned. Half a day of licensed diesel against 96% utilization and triple-digit diesel cracks... the "nothing burger" camp has the arithmetic on its side.

$PSX is ranked #12 in energy balanced with a score of 72. I used Stock Meadow’s scoring model to review the results.

$PSX global refining capacity won’t recover overnight. Would take years to rebuild all those damaged infra. Really not sure what market is looking for here. For them to pivot to ai?

$PSX is killing it on earnings but future crack spread contraction is raising concerns about future earnings momentum.

$PSX Refining basically was the quarter. Adjusted earnings in that segment went from 430 million dollars a year ago to 6.06 billion, with realized margins at 38 dollars a barrel vs 12.15 a year ago. Adjusted EPS came in at 14.08 dollars vs 11.73 expected, and revenue was 51.5 billion dollars, up 47% year over year.

$PSX Can Phillips 66 repeat $14.08 a share once refining margins come off $38.00 a barrel, with no guidance given? 📈 Phillips 66, the Houston refining, pipeline and chemicals company worth about $107.15B at $268.53 a share at 16:00 ET on October 27, 2026, earned $5.6B, or $14.08 a share, in Q3 2026 against $133M, or $0.32, in Q3 2025, a quarter hit by a $948M pre-tax WRB impairment ($2.52 a share adjusted) 📈 Refining pre-tax income nearly doubled from Q2 to $6,031M on a realized margin of $38.00 a barrel, up from $24.08, and supplied about 85% of the company's $7,108M pre-tax income ⚠️ Against that, the company says margins were primarily driven by higher market crack spreads, it gives no guidance, and every other segment earned less than in Q2, led by Renewable Fuels down $353M and Marketing down $338M 📅 Next: Management hosts a webcast at noon ET on October 28, 2026, and the Coastal Bend expansion expects initial volumes in the fourth quarter of 2026 Source: SEC 8-K, Oct 28

$PSX Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $14.08 up 458.73% YoY • Reported revenue of $50.54B up 46.43% YoY • Phillips 66 targets returning more than 50% of net operating cash flow to shareholders and delivering attractive, sustainable dividend growth across commodity cycles; no revenue, margin, or earnings guidance was provided.

$PSX | Phillips 66 Q3 2026 Earnings - Adj EPS: $14.08 (est $12.08) - Adj Pretax Income: $7.14B (est $6.26B) - Midstream Adj Pretax Income: $702M (est $720.7M) - Chemicals Adj Pretax $311M (est $216.8M)

$PSX engaged long from our daily focus list on 10/9, using this BREAKOUT price pattern. The Nov 270 calls paid out +104%

$PSX The deal w Russia is total BS it’s a half day supply of diesel that has 0 impact on PSX

Phillips 66's profit more than doubled in a year, to $7.1B from $1.7B. The company scores a 19 right now, Excellent, #24 of 3,283. $PSX

$PSX There are 130 operable refineries in the United States. The newest one with meaningful downstream processing opened in 1977. Several closed permanently during the COVID years and nothing replaced them. So when refining capacity goes offline overseas, there is no spare plant anywhere to pick up the slack. The shortage shows up as price instead of as empty pumps.