Phillips 66 (PSX) has witnessed several significant developments in the market. Great Lakes Advisors LLC, The Bank of New York Mellon Corp, Teacher Retirement System of Texas, and Envestnet Portfolio Solutions have sold their shares of
PSX. The company has, however, also seen a number of institutional investors increase their PSX stake, including Truist Financial Corp, Commerzbank Aktiengesellschaft FI, Massachusetts Financial Services Co. MA, and Sumitomo Mitsui Trust Group Inc.
PSX shares have experienced considerable movement, hitting a new
12-month high and demonstrating resilience in a declining market. Despite these gains, valuation checks following the multi-year rally and the acquisition of the
Lindsey Oil Refinery in England, are necessary.
Analysts have raised their price targets for PSX and the company's consensus rating is currently 'Moderate Buy'.
Phillips 66 recently gained discounted access to
Venezuelan crude oil following a deal with Washington and Caracas, and it is poised to benefit from a favorable refining backdrop. A $2.4 billion capital spending plan for 2026 was also unveiled, supporting expansion and strategic planning. However,
PSX also recently suffered a larger market fall than the general market.
Phillips 66 PSX News Analytics from Tue, 23 Sep 2025 07:00:00 GMT to Sat, 31 Jan 2026 10:59:52 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -5
