Phillips 66 Intrinsic Value Calculation – Phillips 66 to Present at BofA Securities Global Energy Conference 2023
November 2, 2023
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Phillips 66 ($NYSE:PSX) is set to present at the Bank of America Securities Global Energy Conference in 2023. This event will bring together industry experts to discuss the state of the energy industry and seek to identify new opportunities for successful investments. Phillips 66 is an American multinational energy company with operations in the United States, Europe, and Asia.
Phillips 66 offers its customers a wide range of refined products, including gasoline, diesel, jet fuel, and lubricants, as well as natural gas, propane, sulfur, and petrochemicals. The company strives to provide safe and reliable energy solutions for its customers, while focusing on environmental sustainability and social responsibility.
Market Price
On this day, the company’s stock opened at $114.8 and closed at $116.1, representing an increase of 1.8% from the prior closing price of 114.1. This marks a significant gain for the company in the last trading session. The presentation by Phillips 66 will focus on its strategies to capitalize on the changing energy landscape and provide investors with a better understanding of its future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Phillips 66. More…
| Total Revenues | Net Income | Net Margin |
| 154.72k | 10.93k | 5.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Phillips 66. More…
| Operations | Investing | Financing |
| 10.05k | -1.47k | -8.51k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Phillips 66. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 77.26k | 42.35k | 65.92 |
Key Ratios Snapshot
Some of the financial key ratios for Phillips 66 are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.6% | 77.2% | 10.0% |
| FCF Margin | ROE | ROA |
| 5.0% | 31.9% | 12.5% |
Analysis – Phillips 66 Intrinsic Value Calculation
At GoodWhale, we recently conducted an analysis of the wellbeing of PHILLIPS 66. Our proprietary Valuation Line calculated the intrinsic value of a PHILLIPS 66 share to be around $114.8. At the time of our analysis, PHILLIPS 66 stock was trading at $116.1. This is a fair price, although it is slightly overvalued by 1.2%. More…
Peers
Phillips 66 is an American multinational energy company headquartered in Houston, Texas. It was founded in 1917 and is engaged in the refining, marketing, and transportation of petroleum products, chemicals, and other petrochemical products. The company has a market capitalization of $46.61 billion as of February 2021. Phillips 66 is one of the largest refiners in the United States with a refining capacity of 2.2 million barrels per day. The company operates in three segments: Refining, Midstream, and Chemicals. The Refining segment engages in the refining of crude oil and other feedstocks into transportation fuels, such as gasoline, diesel fuel, aviation fuel, and heavy fuel oils, as well as other refined products, such as petrochemicals and lubricants. The Midstream segment provides transportation, storage, and marketing services for crude oil, natural gas liquids (NGLs), and natural gas. The Chemicals segment manufactures and markets chemicals and plastics.
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Summary
Phillips 66 is an American energy company engaged in the exploration, production, and marketing of natural gas, crude oil, and natural gas liquids. The company is set to present at the BofA Securities Global Energy Conference 2023. Investing analysts are looking for the company to provide insight into its future plans and strategies as it continues to operate in a highly competitive industry. Phillips 66 is expected to share details on its upcoming projects, operations, and financial performance. Analysts will examine how its financials compare to peers in the sector and the potential upside opportunities for investors.
Additionally, Phillips 66 is expected to provide an outlook on how its operations could be impacted by changes in the energy markets.
