Phillips 66 Stock
Pros and Cons of Phillips 66 in the next few years
Pros
Cons
Performance of Phillips 66 vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Phillips 66 | 1.490% | -2.538% | -0.047% | 61.853% | 22.492% | 136.346% | 74.120% |
| Hess Corp. | -1.580% | 2.803% | 5.944% | 12.012% | 11.756% | 162.867% | 151.725% |
| Valero Energy Corp. | -0.920% | -3.013% | -0.777% | 43.049% | 32.017% | 173.202% | 94.579% |
| HF Sinclair Corp. | 0.930% | -2.703% | -5.263% | 33.663% | 6.931% | 94.946% | 28.449% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Phillips 66, a distinguished player in the Oil & Gas industry, reveals financials that reflect the resilience and volatility inherent to its sector. A cursory glance at the company's financial statements and ratios indicates a corporation that has navigated market fluctuations with a sturdy balance sheet and a focused strategy on operational efficiency. Given the complexities of the energy market, particularly in these transformative times for fuel sources and energy provision, Phillips 66 demonstrates financial prudence and a capability to sustain its operations under pressure.
Phillips 66's balance sheet strength is apparent, with substantial total assets and a healthy ratio of stockholder equity to total liabilities. Between 2020 and 2022, total assets increased significantly from around $54.7 billion to approximately $76.4 billion, signifying a robust growth trajectory and a possible strategic expansion or investment in assets. Similarly, the total stockholder equity also rose from $18.9 billion in 2020 to close to $29.5 billion by the end of 2022, indicating strong equity growth and a sound financial structure with the ability to leverage equity for future investments or to weather market downturns.
The company's total assets have grown over time, suggesting wise investments and potential for elevated operational capacities. The growth in non-current assets suggests a long-term strategic outlook, potentially positioning Phillips 66 for future profitability.
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