Phillips 66: Refining Margins Expected to Remain Strong in Near Term
Tom Rudovsky · Reported by Reuters
More coverage: Oil & Gas Stocks · Energy
Sentiment
Positive
Importance
7
Price
$166.5
Mkt Cap
$67.521B
52W Low
$118
52W High
$190.61
52W Position
41% above low
Off High
13% below high
Rel. Volume
1.4× avg
Market data snapshot near publication time
PSX sits 41% above its 52-week low of $118.
Summary
Phillips 66 stated that it expects refining margins to be constructive in the near to medium term. This direct outlook from management provides a positive signal regarding the company's core profitability drivers. It follows recent news of record US crude oil exports and the company's surprise Q1 adjusted profit, indicating continued favorable conditions for refiners.
At the time of this announcement, PSX was trading at $166.50 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $67.5B. The 52-week trading range was $118.00 to $190.61. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.
Price Chart
PSX - Latest Insights
PSX
Aug 05, 2026, 4:43 PM EDT
Price at Filing:
$202.55
Real-time Price:
$224.16
Change:
+$21.61 (+11%)
Market Cap:
$90.011B
PSX
Aug 05, 2026, 12:59 PM EDT
Price at Filing:
$201.17
Real-time Price:
$224.16
Change:
+$22.99 (+11%)
Market Cap:
$90.011B
PSX
Aug 05, 2026, 10:03 AM EDT
Price at Filing:
$206.87
Real-time Price:
$224.16
Change:
+$17.29 (+8%)
Market Cap:
$90.011B
PSX
Aug 05, 2026, 7:51 AM EDT
Price at Filing:
$208.41
Real-time Price:
$224.16
Change:
+$15.75 (+8%)
Market Cap:
$90.011B
PSX
Jul 31, 2026, 7:15 AM EDT
Price at Filing:
$204.00
Real-time Price:
$224.16
Change:
+$20.16 (+10%)
Market Cap:
$90.011B