Investors Met With Slowing Returns on Capital At Phillips 66 (NYSE:PSX) [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
investor.phillips66.com/events-and-presentations/default.aspx
Company Research
Source: Yahoo! Finance
In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. With that in mind, the ROCE of Phillips 66 NYSE:PSX ) looks decent, right now, so lets see what the trend of returns can tell us. What Is Return On Capital Employed (ROCE)? If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. To calculate this metric for Phillips 66, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.11 = US$6.6b ÷ (US$76b - US$18b) (Based on the trailing twelve months to March 2024) Thus, Phillips 66 has an ROCE of 11%. In absolute terms, that's a pretty normal return, and it's somewhat close to t
Show less
Read more
Impact Snapshot
Event Time:
PSX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PSX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PSX alerts
High impacting Phillips 66 news events
Weekly update
A roundup of the hottest topics
PSX
News
- Energy Stocks with Robust Dividend Growth — Phillips 66, Hess Midstream, And Enterprise Products Partners [Yahoo! Finance]Yahoo! Finance
- Phillips 66 (NYSE: PSX) had its price target lowered by analysts at JPMorgan Chase & Co. from $165.00 to $162.00. They now have an "overweight" rating on the stock.MarketBeat
- Phillips 66 (NYSE: PSX) had its price target lowered by analysts at Barclays PLC from $147.00 to $142.00. They now have an "equal weight" rating on the stock.MarketBeat
- Trans Mountain oil pipeline just shy of target for first-month loadings [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trans Mountain oil pipeline just shy of target for first-month loadings [Yahoo! Finance]Yahoo! Finance
PSX
Earnings
- 4/26/24 - Miss
PSX
Sec Filings
- 7/2/24 - Form 4
- 6/21/24 - Form 11-K
- 6/13/24 - Form 144
- PSX's page on the SEC website