Who owns PSX?

Phillips 66 (NYSE:PSX)

Institutional investors hold a majority ownership of PSX through the 72.51% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Oil Refining/Marketing industry.

Who is the owner of PSX?

PSX constitutes of 40% shareholding by a consortium of Chinese investors (Shanghai Stock Exchange, Shenzhen Stock Exchange, & China Financial Futures Exchange), and 60% by general public, which includes initial shareholders, local and foreign investors.

Is PSX a good stock to buy?

Phillips 66 has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 9 buy ratings, 5 hold ratings, and no sell ratings.

Is PSX a buy sell or hold?

Phillips 66 currently has an average brokerage recommendation (ABR) of 2.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 14 brokerage firms. An ABR of 2.00 indicates Buy.

Does ConocoPhillips own Phillips 66?

Conoco and Phillips Petroleum Company officially merged in 2002 to become ConocoPhillips, creating the world's sixth-largest publicly traded oil company and third-largest in the U.S.

Pet Simulator X, BUT I am OWNER..

Who owns most of Phillips 66 stock?

Institutional investors hold a majority ownership of PSX through the 72.50% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Oil Refining/Marketing industry.

Is Conoco a Russian owned company?

ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas.

How high will PSX go?

Phillips 66 (NYSE:PSX)

The 15 analysts offering 12-month price forecasts for Phillips 66 have a median target of 130.00, with a high estimate of 141.00 and a low estimate of 110.00. The median estimate represents a +32.32% increase from the last price of 98.25.

What is the price target for Phillips 66?

Based on analyst ratings, Phillips 66 Common Stock's 12-month average price target is $129.00. What is PSX's upside potential, based on the analysts' average price target? Phillips 66 Common Stock has 27.24% upside potential, based on the analysts' average price target.

How high will PSX stock go?

On average, Wall Street analysts predict that Phillips 66's share price could reach $125.22 by Mar 28, 2024. The average Phillips 66 stock price prediction forecasts a potential upside of 24.87% from the current PSX share price of $100.28.

Why is PSX dropping?

Phillips 66 (PSX) has been beaten down lately with too much selling pressure. While the stock has lost 12% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.

How does PSX make money?

Phillips 66 (NYSE:PSX)

The Chemicals segment produces and markets petrochemicals and plastics on a worldwide basis. The Refining segment Refines crude oil and other feedstocks into petroleum products such as gasoline, distillates and aviation fuels.

Has PSX declared a dividend?

PSX's annual dividend yield is 4.23%. When is Phillips 66 Common Stock ex-dividend date? Phillips 66's previous ex-dividend date was on Feb 16, 2023. Phillips 66 shareholders who own PSX stock before this date received Phillips 66's last dividend payment of $1.05 per share on Feb 28, 2023.

How much has PSX made?

HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX), a diversified energy company, announces fourth-quarter 2022 earnings of $1.9 billion, compared with earnings of $5.4 billion in the third quarter of 2022.

How many shares does PSX have?

According to Phillips 66's latest financial reports and stock price the company's current number of shares outstanding is 471,859,000. At the end of 2022 the company had 471,859,000 shares outstanding.

Why is Philips stock so low?

Following the reduced guidance, multiple analysts have downgraded the stock. Rising interest rates, a weaker Euro, and forced selling from British pensions have further exacerbated the decline.

Who is buying Phillips 66?

Summary. PSX announced an agreement Friday to buy the remaining publicly held LP units in DCP Midstream for $41.75 each, raising Phillips 66's stake in DCP to 86.8%.

What is the future of Philips stock?

Stock Price Forecast

The 14 analysts offering 12-month price forecasts for Koninklijke Philips NV have a median target of 16.70, with a high estimate of 32.61 and a low estimate of 9.80.

How often does PSX pay dividends?

Dividend Summary

The next Phillips 66 dividend is expected to go ex in 2 months and to be paid in 2 months. The previous Phillips 66 dividend was 105c and it went ex 1 month ago and it was paid 29 days ago. There are typically 4 dividends per year (excluding specials).

Is p66 a good buy?

The financial health and growth prospects of PSX, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.

What oil company is owned by Russia?

Rosneft, which is state-owned, is the largest oil producer in Russia. It is followed by LUKOIL, which is the largest privately owned oil company in the country. Gazprom Neft, Surgutneftegaz, Tatneft and Russneft also have significant production and refining assets.

What gas stations does Russia own?

What gas company is owned by Russia?

PJSC Gazprom (Russian: Газпром, IPA: [ɡɐzˈprom]) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg.