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Companies / Energy / Phillips 66
PSX

Phillips 66

EnergyPetroleum RefiningS&P 500
Ticker PSXHOUSTON, TXFiscal year ends DecemberBook value per share $78.09Diluted shares 403.5M

Phillips 66 (NYSE: PSX) is an integrated energy company with businesses spanning hydrocarbon transportation and processing, chemicals, refining, fuel marketing and renewable fuels. Its five operating segments are Midstream, which transports and stores crude oil and refined products and gathers, processes, transports… From the company’s description.

In fiscal 2025, Phillips 66 reported revenue of $136.56B, down 6.1% from fiscal 2024, and net income of $4.53B. Its operating margin was 1.7%, and operations generated $4.96B in cash. Over the twelve months to Jun 30, 2026, revenue was $156.36B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$136.56BFY2025
−6.1% year over year
Last 12 mo $156.36B
1.67%FY2025
+0.8 percentage points
Last 12 mo 3.76%
$4.53BFY2025
+108.2% year over year
Last 12 mo $7.19B
18.18%FY2025
+9.1 percentage points
Last 12 mo 22.51%
Cash & financing
$4.96BFY2025
+18.4% year over year
Last 12 mo $8.93B
$2.73BFY2025
+17.0% year over year
Last 12 mo $6.39B
0.68FY2025
Was 0.73× a year earlier
Last 12 mo 0.65
408.1MFY2025
−3.3% year over year
Last 12 mo 403.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Phillips 66 does

In the company’s own words

Phillips 66 (NYSE: PSX) is an integrated energy company with businesses spanning hydrocarbon transportation and processing, chemicals, refining, fuel marketing and renewable fuels. Its five operating segments are Midstream, which transports and stores crude oil and refined products and gathers, processes, transports and markets natural gas and natural gas liquids; Chemicals, a 50% investment in Chevron Phillips Chemical Company, which makes petrochemicals and plastics; Refining, which converts crude oil and other feedstocks into fuels and other products; Marketing and Specialties, which sells fuels and produces and markets base oils and lubricants; and Renewable Fuels, which processes renewable feedstocks and markets renewable fuels. At year-end 2025, Phillips 66 had interests in approximately 70,000 miles of pipelines and operated or held interests in 10 refineries in the United States and Europe. Its consumer-facing brands include Phillips 66, Conoco, 76, JET, Kendall and Red Line. Separated from ConocoPhillips in 2012, the company also conducts energy research and innovation activities. Its website is http://www.phillips66.com.

Company details
Sector
Energy
Industry (SIC)
Petroleum Refining
Headquarters
HOUSTON, TX
Fiscal year end
December
CIK
1534701
SIC
2911

Financial performance, year by year

Fiscal 2013–2025 · USD
$-21.66B$32.17B$85.99B$139.82B$193.64B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Phillips 66 — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

942
funds hold it
3 of 35
superinvestors hold it
$21.72B
held by funds, at market
31.7%
of shares held by funds
40
bond issues held by funds

Superinvestors in Phillips 66 · what they did last quarter

Bill NygrenDECREASED -80.8%
Harris Associates (Oakmark)
0.4%of 13F portfolio
Tweedy BrowneDECREASED -0.7%
Tweedy, Browne
0.2%of 13F portfolio
Chris BloomstranUNCHANGED
Semper Augustus Investments Group
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Phillips 66’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.09%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.11%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.66%of fund net assets
4.07%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.10%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Phillips 66’s bonds, as funds hold them

Funds report holding 40 issues of Phillips 66’s debt, $2.93B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.87%, maturing 2026 to 2056.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Phillips 66 and its peers compare on margins and cash generation over ten years?”
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