- Phillips 66 Commits $1 Million to Expand Hands-On STEM Learning Through Project Lead The Way in Communities Nationwide
May 11, 2026
Funding will support middle and high school STEM program implementation and expansion across 10 states
INDIANAPOLIS, May 11, 2026 /PRNewswire/ -- Project Lead The Way (PLTW), an organization dedicated to preparing PreK–12 students for careers, college and life through hands-on curriculum, is proud to announce that Phillips 66 has invested $1 million to support the continued expansion of PLTW programs in middle and high schools in communities nationwide. The funding will increase access to hands-on, career-connected learning in engineering, computer science and STEM exploration through PLTW Gateway, PLTW Engineering, and PLTW Computer Science programs.Project Lead The Way (PRNewsfoto/Project Lead The Way)
This latest investment builds on a multi-year partnership between Phillips 66 and PLTW, which focuses on preparing students for the workforce of the future, by expanding access to high-demand career pathways, strengthening the pipeline of future-ready talent in communities where Phillips 66 operates. Since 2023, the partnership has provided $4 million in total support for PLTW's School Grant Program and has made an impact on thousands of students and educators across the country.
Developing real-world problem-solving and technical skills is essential to preparing students for the careers and challenges of the future," said Amanda Robertson, Senior Vice President of Advancement at Project Lead The Way. "This continued investment from Phillips 66 helps schools bring engaging, hands-on career-driven programs to life, expanding opportunity for students and supporting teachers with the tools they need to inspire learning."
Through PLTW's School Grant Program, eligible middle and high schools in designated Phillips 66 communities will be able to apply for funding to either launch new programs or expand existing PLTW pathways. Grant opportunities include two-year implementation grants for new programs and one-year expansion grants to strengthen current offerings.
"Phillips 66 is proud to continue our partnership with Project Lead The Way to support career-connected learning in the communities where we live and work," said Courtney Meadows, Senior Manager of Social Impact at Phillips 66. "By investing in programs that bring real-world learning into classrooms, we are helping students build skills that open doors to future careers while strengthening the local talent pipeline for industries that depend on innovation and technical expertise."
The Phillips 66–PLTW partnership has become a nationally scaled initiative supporting STEM education across 10 states: California, Colorado, Illinois, Louisiana, Montana, New Jersey, New Mexico, Oklahoma, Texas and Washington.
Story Continues
Since its launch in 2023, the partnership has:
Funded more than 218 PLTW programs Reached 25,000+ students with hands-on STEM learning experiences Supported training for 150 teachers Expanded access to both middle school and high school STEM pathways, including engineering and computer science programs
The partnership is designed as a long-term investment in workforce development, helping schools build sustainable instruction capacity while preparing students for in-demand careers in engineering, technology, and related fields.
Schools in the following counties will be eligible to apply for PLTW grants this cycle:
California: Contra Costa County, Solano County
Colorado: Adams County, Arapahoe County, Denver County, Weld County
Illinois: Madison County
Louisiana: Calcasieu Parish
Montana: Yellowstone County
New Jersey: Union County
New Mexico: Eddy County, Lea County
Oklahoma: Beaver, Blaine, Canadian, Carter, Dewey, Ellis, Garvin, Grady, Kay, Kingfisher, Logan, Major, McClain, Oklahoma, Osage, Stephens, Texas, Tulsa, Washington, Woodward Counties
Texas: Andrews, Brazoria, Crane, Crockett, Ector, Fayette, Gaines, Glasscock, Goliad, Hansford, Harris, Hockley, Howard, Hutchinson, Jackson, Jefferson, Jim Wells, Lavaca, Martin, Matagorda, Midland, Nueces, Ochiltree, Potter, Reagan, Reeves, San Patricio, Upton, Winkler Counties
Washington: Skagit County, Whatcom County
Eligible middle and high schools will be able to apply beginning in fall 2026, with award notifications expected in December 2026 and January 2027.
Schools and districts can learn more about eligibility and application requirements at:
https://www.pltw.org/plan-for-pltw/investment/funding-grants
About Project Lead The Way (PLTW)
For nearly 30 years, Project Lead The Way (PLTW) has prepared PreK–12 students for careers, college, and life by equipping them with the STEM knowledge, credential preparation, transferable skills, and confidence to succeed. Its hands-on, real-world learning, deep industry partnerships and clear, scaffolded curriculum guide students from early career curiosity to postsecondary readiness. With strong professional development and a national network of more than 116,000 trained teachers in 12,200+ schools across all 50 states, PLTW enables schools to design scalable, future-focused programs that inspire students, empower educators, and connect learning to life after graduation. Visit pltw.org to learn more.
About Phillips 66
Phillips 66 is a leading diversified and integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company's portfolio includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.
Media Contact: Alex Fairchild pltw@finnpartners.comCision
View original content to download multimedia:https://www.prnewswire.com/news-releases/phillips-66-commits-1-million-to-expand-hands-on-stem-learning-through-project-lead-the-way-in-communities-nationwide-302767780.html
View Comments
- Phillips 66 (PSX) Just Overtook the 50-Day Moving Average
May 11, 2026
Phillips 66 (PSX) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PSX broke through the 50-day moving average, which suggests a short-term bullish trend.
One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of an up or down trend.
Shares of PSX have been moving higher over the past four weeks, up 7.7%. Plus, the company is currently a Zacks Rank #1 (Strong Buy) stock, suggesting that PSX could be poised for a continued surge.
Looking at PSX's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 7 higher compared to none lower for the current fiscal year, and the consensus estimate has moved up as well.
Investors should think about putting PSX on their watchlist given the ultra-important technical indicator and positive move in earnings estimate revisions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Phillips 66 (PSX) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
View Comments
- Phillips 66 (PSX) Is Down 6.1% After Profit Squeeze Despite Strong Margins And Insider Buying
May 9, 2026
In the first quarter of 2026, Phillips 66 reported higher sales of US$32,540 million and revenue of US$33,002 million, but net income fell to US$207 million and earnings per share roughly halved versus a year earlier. Despite this profit compression, analysts highlighted better-than-expected adjusted earnings driven by stronger refining margins and improved performance in chemicals and renewable fuels, with insider share purchases reinforcing leadership confidence. Next, we’ll explore how stronger refining margins and resilient segment performance influence Phillips 66’s pre-existing investment narrative around growth and earnings stability.
Capitalize on the AI infrastructure supercycle with our selection of the 40 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow.
Phillips 66 Investment Narrative Recap
To own Phillips 66, you need to believe its integrated model across refining, midstream, chemicals and renewables can support earnings through volatile conditions while funding ongoing dividends and buybacks. The latest quarter showed stronger refining margins and better-than-expected adjusted earnings, but a sharp drop in reported net income keeps near term earnings volatility as the key risk, with the main catalyst still being execution on refining and midstream efficiency and growth projects. Overall, this news does not materially change that balance.
Among recent announcements, the reaffirmed quarterly dividend of US$1.27 per share in April 2026 stands out in light of weaker reported Q1 profits. Maintaining and recently increasing the dividend suggests management is aligning capital returns with its view of underlying cash generation, even as free cash flow and leverage have been under some pressure. For investors focused on the catalyst of disciplined capital allocation, that dividend decision adds important context to the Q1 earnings story.
Yet behind the reassuring dividend and solid adjusted results, there is a risk around rising leverage and cash flow coverage that investors should be aware of...
Read the full narrative on Phillips 66 (it's free!)
Phillips 66's narrative projects $150.9 billion revenue and $7.2 billion earnings by 2029. This requires 4.5% yearly revenue growth and a roughly $2.8 billion earnings increase from $4.4 billion today.
Uncover how Phillips 66's forecasts yield a $180.95 fair value, a 8% upside to its current price.
Exploring Other PerspectivesPSX 1-Year Stock Price Chart
The more pessimistic analysts were already assuming roughly US$126.8 billion of revenue and US$6.0 billion of earnings by 2029, and this softer Q1 result may either reinforce those cautious views or prompt them to revisit assumptions about midstream EBITDA growth and capital intensity, so it is worth seeing how far your own expectations sit from that lower end of the range.
Story Continues
Explore 5 other fair value estimates on Phillips 66 - why the stock might be worth 11% less than the current price!
Form Your Own Verdict
Don't just follow the ticker - dig into the data and build a conviction that's truly your own.
A great starting point for your Phillips 66 research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision. Our free Phillips 66 research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Phillips 66's overall financial health at a glance.
Interested In Other Possibilities?
Markets shift fast. These stocks won't stay hidden for long. Get the list while it matters:
This technology could replace computers: discover 27 stocks that are working to make quantum computing a reality. AI is about to change healthcare. These 35 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 16 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include PSX.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
View Comments
- Is It Too Late To Consider Phillips 66 (PSX) After Its Recent Pullback?
May 9, 2026
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide.
Investors may be wondering if Phillips 66 at around US$168 per share still offers value, or if most of the opportunity is already reflected in the price. The stock has pulled back 6.1% over the last week and 3.7% over the last month, yet it still shows returns of 28.9% year to date and 59.8% over the past year, with very large gains over 3 and 5 years. Recent headlines around Phillips 66 have focused on its position in the US energy sector and the implications of past capital allocation and efficiency initiatives. These help frame investor expectations around the stock. This context matters because it can influence how investors think about future cash flows, risk and what they are willing to pay for each dollar of earnings. Even after these moves, Phillips 66 currently records a valuation score of 3 out of 6. Next, you will see how common methods like P/E, cash flow and asset based measures line up with that score, followed by a broader way of thinking about value at the end of the article.
Phillips 66 delivered 59.8% returns over the last year. See how this stacks up to the rest of the Oil and Gas industry.
Approach 1: Phillips 66 Discounted Cash Flow (DCF) Analysis
A Discounted Cash Flow, or DCF, model estimates what a stock could be worth by projecting the cash the company may generate in the future and discounting those cash flows back to today.
For Phillips 66, the model used is a 2 Stage Free Cash Flow to Equity approach. The latest twelve month free cash flow is about $451 million. Analyst and extrapolated projections suggest annual free cash flows reaching around $7.9b in 2030, with a series of intermediate estimates between 2026 and 2035 that are discounted back to present values. All of these projections are expressed in US$.
Putting those discounted cash flows together, the DCF model arrives at an estimated intrinsic value of about $468.51 per share for Phillips 66. Compared with the current share price of roughly $168, this implies the stock is about 64.1% undervalued under these assumptions.
Result: UNDERVALUED
Our Discounted Cash Flow (DCF) analysis suggests Phillips 66 is undervalued by 64.1%. Track this in your watchlist or portfolio, or discover 51 more high quality undervalued stocks.PSX Discounted Cash Flow as at May 2026
Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Phillips 66.
Approach 2: Phillips 66 Price vs Earnings
For a profitable company like Phillips 66, the P/E ratio is a useful way to relate what you pay for the stock to the earnings it generates today. Investors usually accept a higher or lower P/E depending on what they expect for future growth and how much risk they see in those earnings.
Story Continues
Phillips 66 currently trades on a P/E of 16.4x. That sits above the Oil and Gas industry average of about 14.2x and also above the peer group average of 14.7x, so on simple comparisons the stock carries a higher earnings multiple than many competitors.
Simply Wall St’s Fair Ratio for Phillips 66 is 24.1x. This is a proprietary estimate of what the P/E might be given factors such as the company’s earnings growth profile, industry, profit margins, market value and risk characteristics. Because it blends these elements together, the Fair Ratio can give a more tailored view than a basic check against industry or peer averages alone.
Comparing the Fair Ratio of 24.1x with the current P/E of 16.4x suggests the stock is trading below that Fair Ratio estimate.
Result: UNDERVALUEDNYSE:PSX P/E Ratio as at May 2026
P/E ratios tell one story, but what if the real opportunity lies elsewhere? Start investing in legacies, not executives. Discover our 18 top founder-led companies.
Upgrade Your Decision Making: Choose your Phillips 66 Narrative
Earlier it was mentioned that there is an even better way to understand valuation, so Narratives on Simply Wall St let you attach your own story about Phillips 66 to the numbers by linking a view on its business, revenue, earnings and margins to a financial forecast, a Fair Value, and a clear comparison with the current price that updates automatically when fresh news or earnings arrive, whether that story is closer to a higher fair value near US$468 per share with stronger Midstream growth and higher future earnings like the US$213 analyst target, or a more cautious view nearer US$138 that leans on slower revenue, different margin expectations and a lower future P/E, all of which you can explore and refine on the Community page to help decide if the stock looks closer to buy, hold or sell territory for your own approach.
For Phillips 66 however we'll make it really easy for you with previews of two leading Phillips 66 Narratives:
These sit on opposite sides of the debate, so you can quickly see which set of assumptions lines up more closely with how you view the stock today, then fine tune the details on the Community page.
🐂 Phillips 66 Bull Case
Fair Value: US$268.71 per share
Implied discount vs last close: about 37.4% undervalued
Revenue growth used in the narrative: 3%
Views Phillips 66 as undervalued relative to its size in refining, marketing and transportation, with an integrated business model that can support profitability. Emphasizes efficiency, cost control and targeted investments in areas such as chemicals, midstream and renewables as levers for profit margins. Highlights balance sheet strength, cash generation and the use of dividends and buybacks as key parts of the equity story.
🐻 Phillips 66 Bear Case
Fair Value: US$138.00 per share
Implied premium vs last close: about 21.9% overvalued
Revenue growth used in the narrative: 1.41% decline
Frames Phillips 66 through a more cautious lens, tying value to execution risks around refining cost targets, heavy crude exposure and large capital projects. Builds in assumptions for slightly higher profit margins but slower revenue, with a future P/E of 10.8x that sits below the current industry average. Argues that the current share price already reflects optimistic expectations, so the bearish Fair Value of US$138.00 requires a lower multiple on 2029 earnings.
These are starting points, not conclusions. The real benefit comes from adjusting the forecasts, margins and P/E you think are reasonable, then seeing how that changes the gap between Fair Value and the current price in real time through the full Narratives on Simply Wall St.
See what the community is saying about Phillips 66
Do you think there's more to the story for Phillips 66? Head over to our Community to see what others are saying!NYSE:PSX 1-Year Stock Price Chart
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include PSX.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
View Comments
- Zacks Industry Outlook Highlights Valero Energy, Phillips 66 and HF Sinclair
May 7, 2026
For Immediate Release
Chicago, IL – May 7, 2026 – Today, Zacks Equity Research discusses Valero Energy VLO, Phillips 66 PSX and HF Sinclair DINO.
Industry: Oil & Gas - Refining & Marketing
Link: https://www.zacks.com/commentary/2915576/looking-for-energy-winners-try-3-refining-marketing-stocks
The Zacks Oil and Gas - Refining & Marketing industry looks well placed for continued strength. U.S. refiners are benefiting from reliable access to domestic and Canadian crude supplies, which gives them an edge when global oil flows face disruptions. Product inventories also remain tight, especially for diesel, gasoline and jet fuel, while demand from travel, freight, agriculture and exports stays firm. That mix can support pricing power and refining margins.
The industry’s outlook is further backed by a strong Zacks Rank, improving earnings estimates and solid one-year performance versus the broader energy sector and the S&P 500. Valuation also remains reasonable, with the group trading below both the sector and market on EV/EBITDA. In this favorable setting, flexible refiners with strong operations and shareholder-friendly strategies stand out. Valero Energy, Phillips 66 and HF Sinclair look especially attractive, making them excellent investment options.
Industry Overview
The Zacks Oil and Gas - Refining & Marketing industry consists of companies involved in selling refined petroleum products (including heating oil, gasoline, jet fuel, residual oil, etc.) and a plethora of non-energy materials (like asphalt, road salt, clay and gypsum). Some companies operate refined product terminals, storage facilities and transportation services. The primary activity of these firms involves purchasing crude or other feedstocks and processing them into a wide variety of refined products.
Refining margins are extremely volatile and generally reflect the state of petroleum product inventories, demand for refined products, imports, regional differences and capacity utilization in the industry. Other major determinants of refining profitability are the light/heavy and sweet/sour spreads. Refining companies are also prone to unplanned outages.
3 Trends Defining the Oil and Gas - Refining & Marketing Industry's Future
Reliable U.S. Supply is Becoming a Bigger Advantage: Refiners with access to secure North American crude supplies are in a better position when global oil flows are disrupted. While some overseas refineries may struggle with crude availability or shipping delays, many U.S. refiners can keep running because they are linked to domestic and Canadian supply networks. This matters because steady operations help the industry meet demand for gasoline, diesel and jet fuel when global markets are tight. In simple terms, a reliable supply can turn market stress into an opportunity for stronger margins.
Story Continues
Low Product Inventories Can Support Refining Margins: Demand for transportation fuels remains fairly resilient, even with higher prices. At the same time, inventories of products like diesel, gasoline and jet fuel are tight in several markets. This creates a favorable setup for refiners because buyers still need fuel, but supply is not easy to rebuild quickly. Jet fuel and distillates appear especially strong, helped by travel, freight, agriculture and export demand. When inventories are low and replacement supply is limited, refiners usually have better pricing power. That can support industry earnings through the current cycle.
Flexibility is Becoming More Valuable Than Size Alone: The best-positioned refiners are not just running large plants. They are also adjusting what they produce based on market needs. When jet fuel is short, they can shift more output toward jet. When gasoline demand improves, they can raise gasoline yields. When heavy crude is discounted, complex refineries can process more of it and capture better economics. This flexibility helps the industry respond quickly to changing crude prices, product shortages and regional imbalances. In a volatile market, the ability to change the product mix can protect margins and improve cash generation.
Zacks Industry Rank Indicates Positive Outlook
The Zacks Oil and Gas - Refining & Marketing is a 16-stock group within the broader Zacks Oil - Energy sector. The industry currently carries a Zacks Industry Rank #7, which places it in the top 3% of 245 Zacks industries.
The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates fairly strong near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.
The industry’s position in the top 50% of the Zacks-ranked industries is a result of improving earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are becoming optimistic about this group’s earnings growth potential. As a matter of fact, the industry’s earnings estimates for 2026 have gone up 65.7% in the past year.
Considering the encouraging dynamics of the industry, we will present a few stocks that you may want to consider for your portfolio. But it’s worth taking a look at the industry’s shareholder returns and current valuation first.
Industry Outperforms Sector & S&P 500
The Zacks Oil and Gas - Refining & Marketing industry has fared better than the broader Zacks Oil - Energy Sector as well as the Zacks S&P 500 composite over the past year.
The industry has gone up 72.3% over this period compared with the broader sector’s increase of 50.7%. Meanwhile, the S&P 500 has gained 33.2%.
Industry's Current Valuation
Since oil and gas companies are debt-laden, it makes sense to value them based on the EV/EBITDA (Enterprise Value/ Earnings before Interest Tax Depreciation and Amortization) ratio. This is because the valuation metric takes into account not just equity but also the level of debt. For capital-intensive companies, EV/EBITDA is a better valuation metric because it is not influenced by changing capital structures and ignores the effect of noncash expenses.
On the basis of the trailing 12-month enterprise value-to EBITDA (EV/EBITDA), the industry is currently trading at 6.40X, significantly lower than the S&P 500’s 17.61X. It is also below the sector’s trailing 12-month EV/EBITDA of 7.19X.
Over the past five years, the industry has traded as high as 6.42X and as low as 1.77X, with a median of 3.61X.
3 Stocks to Buy
Valero Energy: Valero Energy is a major independent energy company focused on liquid transportation fuels. It operates 14 refineries with about 3 million barrels per day of high-complexity throughput capacity, supported by logistics and wholesale networks across key markets. The Zacks Rank #1 (Strong Buy) company also runs 12 ethanol plants with 1.7 billion gallons of annual capacity.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Beyond refining, Valero is growing in low-carbon fuels through Diamond Green Diesel, which produces renewable diesel and sustainable aviation fuel from recycled feedstocks such as used cooking oil and animal fats. Its strategy centers on disciplined spending, reliable operations, cost control and steady shareholder returns.
The Zacks Consensus Estimate for 2026 earnings of VLO indicates 126.3% growth. It beat the Zacks Consensus Estimate for earnings in each of the last four quarters, with the average being 28%. The company’s shares have increased 116.7% in a year.
Phillips 66: Phillips 66 is an integrated energy company with operations spanning midstream, chemicals, refining, marketing, specialties and renewable fuels. Its asset base connects supply from the wellhead to end consumers, supported by reliable feedstocks, strong operations and access to premium markets across more than 80 countries.
This #1 Ranked company trades large volumes of crude, clean products, NGLs, renewable feedstocks and natural gas, helped by a broad commercial network and global shipping reach. In first-quarter 2026, PSX reported earnings of $207 million and returned $778 million to its shareholders, while staying focused on disciplined spending, debt reduction and steady dividends.
Phillips 66’s expected EPS growth rate for three to five years is currently 38.6%, which compares favorably with the industry's growth rate of 26.4%. The company beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, the average being 67.8%. Shares of the company have gained 70.8% in a year.
HF Sinclair: HF Sinclair is a Dallas-based energy company operating across refining, marketing, midstream, lubricants and renewables. It runs seven refineries with 678,000 barrels per day of capacity across the Mid-Continent, West and Pacific Northwest regions. The Zacks Rank #1 company also owns a broad pipeline, storage and terminal network that supports fuel movement across key U.S. markets.
Its well-known Sinclair brand reaches over 1,700 branded retail sites, while its lubricants business sells products in more than 80 countries. HF Sinclair is also building scale in renewable diesel, with about 380 million gallons of annual capacity, supporting cleaner fuel demand and long-term growth.
HF Sinclair has a market capitalization of nearly $13 billion. DINO beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, the average being 203.6%. The Zacks Consensus Estimate for HF Sinclair’s 2026 earnings per share indicates 40.5% year-over-year growth. Shares of DINO have gained 127.8% in a year.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can access their live picks without cost or obligation.
See Stocks Free >>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Valero Energy Corporation (VLO) : Free Stock Analysis Report
Phillips 66 (PSX) : Free Stock Analysis Report
HF Sinclair Corporation (DINO) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
View Comments
- Morgan Stanley Raises its Price Target on Phillips 66 (PSX) to $180
May 7, 2026
Phillips 66 (NYSE:PSX) is one of the
10 Must-Buy Stocks with the Strongest 1Q2026 Earnings Beats.
On April 30, 2026, Morgan Stanley raised its price target on Phillips 66 (NYSE:PSX) to $180 from $174 and maintained an Overweight rating following the company’s Q1 results. The firm noted Q1 adjusted EPS of 49c exceeded the (39c) consensus, driven by stronger Refining margins and improved performance in Chemicals and Renewable Fuels, partly offset by weaker results in Marketing & Specialties and Midstream.
On April 29, 2026, Phillips 66 (NYSE:PSX) reported Q1 adjusted EPS of 49c versus (39c) consensus. CEO Mark Lashier said the company remains confident in navigating market volatility, citing its integrated business model, balance sheet strength, and “disciplined execution.”Is Comfort Systems USA (FIX) the Best Data Center Engineering and Construction Stock?
franco lucato/Shutterstock.com
Prior to the earnings release, Morgan Stanley upgraded Phillips 66 to Overweight from Equal Weight and raised its price target to $174 from $147, pointing to upside in the Chemicals segment and relative valuation. The firm described Chemicals as a “key differentiator” and expects disruptions tied to the Iran conflict to keep polyethylene prices elevated in 2026 before easing in 2027.
Phillips 66 (NYSE:PSX) operates as an integrated downstream energy provider across the United States, the United Kingdom, Germany, and international markets.
While we acknowledge the potential of PSX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
Disclosure: None. Follow Insider Monkey on Google News.
View Comments
- Phillips 66 Insiders Sold US$1.9m Of Shares Suggesting Hesitancy
May 5, 2026
Over the past year, many Phillips 66 (NYSE:PSX) insiders sold a significant stake in the company which may have piqued investors' interest. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.
The Last 12 Months Of Insider Transactions At Phillips 66
The Executive Vice President of Midstream & Chemicals, Donald Baldridge, made the biggest insider sale in the last 12 months. That single transaction was for US$1.2m worth of shares at a price of US$160 each. That means that an insider was selling shares at slightly below the current price (US$178). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 50% of Donald Baldridge's stake.
In the last twelve months insiders purchased 10.46k shares for US$1.3m. On the other hand they divested 11.30k shares, for US$1.9m. Over the last year we saw more insider selling of Phillips 66 shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
Check out our latest analysis for Phillips 66 NYSE:PSX Insider Trading Volume May 5th 2026
For those who like to find hidden gems this freelist of small cap companies with recent insider purchasing, could be just the ticket.
Phillips 66 Insiders Are Selling The Stock
Over the last three months, we've seen notably more insider selling, than insider buying, at Phillips 66. In total, insiders sold US$1.9m worth of shares in that time. On the flip side, insider Kevin Meyers spent US$30k on purchasing shares. Because the selling vastly outweighs the buying, we'd say this is a somewhat bearish sign.
Does Phillips 66 Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.1% of Phillips 66 shares, worth about US$90m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
Story Continues
What Might The Insider Transactions At Phillips 66 Tell Us?
The stark truth for Phillips 66 is that there has been more insider selling than insider buying in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. On the plus side, Phillips 66 makes money, and is growing profits. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Phillips 66. Our analysis shows 3 warning signs for Phillips 66 (1 is potentially serious!) and we strongly recommend you look at these before investing.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this freelist of interesting companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
View Comments
- Phillips 66 to Host Annual Meeting of Shareholders
May 4, 2026
HOUSTON, May 04, 2026--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) will host its 2026 Annual Meeting of Shareholders on Wednesday, May 13 at 8 a.m. CT in a virtual-only format via audio webcast.
The meeting can be accessed at cesonlineservices.com/psx26_vm or the Phillips 66 Investors site at phillips66.com/investors under "Events and Presentations."
Shareholders of record as of the close of business on March 20, 2026 can attend and vote during the virtual annual meeting by pre-registering at cesonlineservices.com/psx26_vm prior to May 12, 2026 at 8:00 a.m. CT using the 16-digit control number included on their proxy card, voting instruction form or annual meeting notice.
Shareholders who do not intend to vote during the virtual meeting and other interested parties may access the meeting as guests.
A replay of the webcast will be archived on the Investors site approximately 24 hours after the close of the meeting.
About Phillips 66
Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, TX, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260504623411/en/
Contacts
Investor Relations
investorrelations@p66.com
Media Relations
phillips66media@p66.com
View Comments
- Are Oils-Energy Stocks Lagging Phillips 66 (PSX) This Year?
May 1, 2026
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Phillips 66 (PSX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.
Phillips 66 is a member of the Oils-Energy sector. This group includes 240 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Phillips 66 is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for PSX's full-year earnings has moved 39% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, PSX has gained about 38.8% so far this year. At the same time, Oils-Energy stocks have gained an average of 33.4%. As we can see, Phillips 66 is performing better than its sector in the calendar year.
ProFrac Holding Corp. (ACDC) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 93.8%.
Over the past three months, ProFrac Holding Corp.'s consensus EPS estimate for the current year has increased 8.4%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Phillips 66 is a member of the Oil and Gas - Refining and Marketing industry, which includes 17 individual companies and currently sits at #9 in the Zacks Industry Rank. On average, this group has gained an average of 49.3% so far this year, meaning that PSX is slightly underperforming its industry in terms of year-to-date returns.
In contrast, ProFrac Holding Corp. falls under the Oil and Gas - Field Services industry. Currently, this industry has 19 stocks and is ranked #64. Since the beginning of the year, the industry has moved +53.2%.
Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to Phillips 66 and ProFrac Holding Corp. as they could maintain their solid performance.
Story Continues
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Phillips 66 (PSX) : Free Stock Analysis Report
ProFrac Holding Corp. (ACDC) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
View Comments
- MUSA Q1 Earnings Beat Estimates on Strong Fuel Contribution
May 1, 2026
Motor fuel retailer Murphy USA Inc. MUSA posted first-quarter 2026 earnings of $7.28 per diluted share, up 176.8% from $2.63 a year ago and ahead of the Zacks Consensus Estimate of $5.37 by 35.6%. Total operating revenues rose 6.5% year over year to $4.8 billion and topped the consensus mark of $4.7 billion by 3.9%.
Results reflected a more favorable refined-products environment and solid execution, with total fuel contribution of 35 cents per gallon and total retail fuel volumes up 2.1% year over year.
MUSA’s Fuel Results Benefit From Pricing Dynamics
Total fuel contribution climbed 40.6% year over year to $403.9 million, supported by both higher margins and higher volumes. Retail fuel contribution increased 9.5% to $293 million as retail fuel margin expanded to 25.4 cents per gallon from 23.7 cents a year earlier.
Fuel supply, including RINs, also swung meaningfully positive, contributing 9.6 cents per gallon versus 1.7 cents per gallon in the year-ago quarter. Management attributed the fuel supply lift largely to market-driven pricing effects and the timing of inventory movements during the period.
Murphy USA Inc. Price, Consensus and EPS SurpriseMurphy USA Inc. Price, Consensus and EPS Surprise
Murphy USA Inc. price-consensus-eps-surprise-chart | Murphy USA Inc. Quote
Murphy USA’s Merchandise Mix Keeps Increasing Contribution
Merchandise contribution increased 7.3% to $210.2 million, driven by higher sales volume and improved unit margins. Merchandise sales advanced 5% year over year to $1 billion, while average unit margin improved to 20% from 19.6%.
On a same-store basis, total merchandise contribution rose 4.9%. Nicotine remained the standout, with nicotine contribution on a same-store basis increasing to $20.2 thousand per store month from $18.5 thousand, while non-nicotine contribution was $19.7 thousand versus $19.9 thousand a year ago.
MUSA Sees Loyalty Momentum as Prices Stay Elevated
Management emphasized that customer behavior shifts tend to build as higher pump prices persist. In April, the company indicated volumes were running roughly flat to the prior year on an average per-store month basis, alongside expectations for all-in fuel margins between 35 cents and 40 cents per gallon for the month.
Loyalty metrics were a notable signal of traffic opportunity. Murphy Drive Rewards added about 600,000 members in a month, the highest monthly total since 2022, and management also cited year-over-year increases of 8.5% in active members and about 12% in total transactions, pointing to more frequent visits even as baskets may moderate.
Murphy USA Leans on Self-Help and Cost Discipline
Profitability gains were not limited to fuel and merchandise. Adjusted EBITDA rose to $277.9 million from $157.4 million in the prior-year quarter, reflecting a higher contribution against relatively steady operating cost intensity.
Below the operating line, interest expense increased to $29 million from $25.4 million, while the effective tax rate rose to about 22.6% from 14.1% a year ago. The higher rate reflected lower excess tax benefits tied to share-based compensation, partially offset by federal energy tax credits.
Story Continues
MUSA Pairs Growth Buildout With Returns of Capital
Murphy USA ended the quarter with $118.6 million of cash and cash equivalents and $2.1 billion of long-term debt, with a debt-to-capitalization of 76.4%. Operating cash flow increased to $320 million from $128.5 million a year ago, aided by working capital dynamics.
Capital returns remained active. During the quarter, the company repurchased about 169,000 shares for $70.9 million at an average price of $419.87 per share and paid a quarterly dividend of 63 cents per share. On the growth front, Murphy USA opened six new-to-industry stores and closed three QuickChek sites, ending March with 1,803 stores. It had 28 total sites under construction at quarter-end (including raze-and-rebuild projects) and reiterated that it is on pace to open 45 to 55 new stores in 2026. As of March 31, $221.4 million remained under the 2023 repurchase authorization, with an additional $2 billion authorization set to become effective once that program is completed. Currently, Murphy USA sports a Zacks Rank #1 (Strong Buy).
You can see the complete list of today’s Zacks #1 Rank stocks here.
Some Key Refining Earnings
While we have discussed MUSA’s first-quarter results in detail, let’s see how some other refining companies have fared this earnings season.
Valero Energy VLO reported first-quarter 2026 adjusted earnings of $4.22 per share, up from 89 cents a year ago. The result beat the Zacks Consensus Estimate of $3.07 by 37.5%. Total revenues rose 7% year over year to $32.4 billion and topped the consensus mark of $30.9 billion by 4.9%.
Valero’s strong quarterly results reflected strong execution across the system, with refining throughput averaging 2.9 million barrels per day. Segment profitability also improved in renewable diesel and ethanol, helping Valero capitalize on a volatile commodity backdrop.
Another refining giant, Phillips 66 PSX, reported first-quarter 2026 adjusted earnings of 49 cents per share. The Zacks Consensus Estimate was of a loss of 55 cents. The bottom line skyrocketed 154.4% year over year from an adjusted loss of 90 cents. Phillips 66’s total revenues and other income came in at $33 billion, rising 4% from the year-ago quarter’s $31.7 billion and beating the consensus mark of $29.5 billion, reflecting an 11.8% surprise.
The strong quarterly results were supported by solid operating performance in the refining system, which ran at 95% capacity utilization and delivered an 87% clean product yield. However, mark-to-market losses tied to short derivative positions used to manage price risk weighed on Phillips 66’s first-quarter profitability.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Valero Energy Corporation (VLO) : Free Stock Analysis Report
Murphy USA Inc. (MUSA) : Free Stock Analysis Report
Phillips 66 (PSX) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
View Comments
