PSX

Phillips 66

Energy · NYSE · Market cap $104.8bn

$293.17

as of 16 Oct 2026, 1% below its 52-week high

Screens as well placed to keep growing its dividend, with low cut-risk signals. Its valuation looks somewhat extended against its own history.

These scores are a resilience check on the dividend, not a recommendation to buy or sell. They are not financial advice.

Trailing yield: 1.71%Last 12 months of regular payments at today's price
Forward yield: 1.84%Each payment expected in the next 12 months, not the latest one doubled
Earnings cover: 3.6×Pays 28% of earnings
Cash cover: 3.2×Free cash flow over dividends paid
5y dividend growth: +5.7% a yearNo cut since FY2014
Next ex-dividend date: Estimated17 Nov 2026Quarterly dividend of about $1.29

Compared with US companies in Oil & Gas Refining & Marketing (10)

Trailing yield is higher than 6 of the 9 other US companies in Oil & Gas Refining & Marketing.
5y dividend growth (as paid) is higher than 4 of the 7 other US companies in Oil & Gas Refining & Marketing with a 5y growth figure.

Quality

High

Capacity to keep growing the dividend

Risk

Low

Signals of dividend-cut pressure

Trim

Moderate

How extended the valuation looks

Why Trim is 71

PSX against US companies in Oil & Gas Refining & Marketing (10)

Valuation against its own history

As of the last reported period (30 Jun 2026). P80 means the figure is higher than 80% of PSX’s past readings.

P/E4.4×P3, good for this measure
Yield2.9%P11, poor for this measure
FCF payout31.0%P1, good for this measure
Net debt / EBITDA2.81P11, good for this measure
DGR 5y6.8%P3, poor for this measure
ROIC6.0%P92, good for this measure

Open valuation history

Forecast your income with the PSX dividend calculator

Inspect surfaces history; it does not predict the future. Nothing here is financial advice or an instruction to buy or sell. Always do your own research. See the Terms of Service.