Phillips 66 stock forecast: down to 89.35 USD PSX stock price prognosis


Forecast for Thu 18 May 2023 price 89.00

Phillips 66 stock price forecast for further price development down to -6.00% (time horizon: 1 day) and price target of 89.35 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) Phillips 66 share price prediction for 2023-05-18 with daily closed price projections

Key Facts

Symbol PSX 

ISIN US7185461040 

CUSIP 718546104

Currency USD

Category Petroleum Refining

Forecast price change %

News sentiment (0.62)

News <--> Close correlation for next day influence (-0.08)

Finance numbers

Revenue 64,878,000,000.0

Earnings per share -4.89

Dividends 3.60

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

The registrant had 436,926,058 shares of common stock outstanding at January 29, 2021. Certain Relationships and Related Transactions, and Director Independence 14814. Principal Accountant Fees and Services148PART IV15. The second dock commenced crude oil export operations in the fourth quarter of 2020. Phillips 66 Partners holds a 50% interest in the joint venture. Our net share of its capacity is 32,625 BPD. The O&P business line produces and markets ethylene and other olefin products. Alliance produces a high percentage of transportation fuels. Refinery facilities also include a specialty coker and calciner. The refinery produces a high percentage of transportation fuels. Billings RefineryThe Billings Refinery is located in Billings, Montana. Other products produced include fuel-grade petroleum coke. 8226;Capability—We strive to build depth and breadth in our skills. We are one of the largest refiners of petroleum products in the United States. See the environmental information contained in "Item 7. We do not produce any of our crude oil feedstocks. Most large-scale projects take several years to complete. We are exposed to the volatility in the market price of RINs. We may incur losses as a result of our forward contracts and derivative transactions. The risk of counterparty default is heightened in a poor economic environment. Set forth below is information about the executive officers identified above. These adverse effects may continue to be significant in the near term. Equity in earnings of affiliates decreased 21% in 2019. Impairments increased $853 million in 2019. During 2020, cash and cash equivalents increased $900 million to $2.5 billion. No distributions were made for the general partner interest after August 1, 2019. In December 2018, a third party acquired a 35% interest in the holding company. The facility also provides for customary fees, including commitment fees. At December 31, 2020 and 2019, no amount had been drawn under the facility. Commercial paper maturities are contractually limited to 365 days. The remainder of the proceeds are being used for general corporate purposes. These proceeds are being used for general corporate purposes. Phillips 66 is using the proceeds for general corporate purposes. 8226;$1.0 billion aggregate principal amount of 3.900% Senior Notes due 2024. &# Dakota Access filed an appeal and a request for a stay of the order, which was granted. The authorizations do not have expiration dates. The share repurchases are expected to be funded primarily through available cash. Sustaining capital will be used to enhance asset integrity and reliability. We do not reduce these liabilities for potential insurance or third-party recoveries. Should that occur, we could incur costs to replace those fraudulent RINs. In the future, we may incur significant costs under both CERCLA and RCRA. Our largest asset removal obligations involve asbestos abatement at refineries. Compliance with these limits is monitored daily by our global risk group. 77Table of ContentsIndex to Financial StatementsItem 8. We believe that our audit provides a reasonable basis for our opinion. Materials and supplies inventories are valued using the weighted-average-cost method. Interest is earned at the loan agreement's stated interest rate. See Note 15—Derivatives and Financial Instruments, for additional information.** The Southern Hills Pipeline system is operated by DCP Partners. Acquisitions of amortized intan

Summerized Form 10-K with GPT-2
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 52.08/100
    • Not in ideal financial position.
    • Historical view, profit is not growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Series Portfolios Trust 2022-10-31 922 Long
Natixis Funds Trust IV 2022-10-31 50 Long
Natixis Funds Trust IV 2022-10-31 40 Long
Natixis Funds Trust IV 2022-10-31 27 Long
Natixis Funds Trust IV 2022-10-31 9 Long

Insider trading for Phillips 66

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1503107 Garland Greg C. 2022-06-09 SALE Accept Accept Accept Reject
1610150 Herman Robert A 2022-05-31 SALE Accept Accept Accept Accept
1876439 Pruitt Joseph Scott 2022-11-11 SALE Accept Accept Accept Accept
1547331 Johnson Paula Ann 2022-06-07 SALE Accept Reject Accept Accept

Bollinger Bollinger Bands for Phillips 66 can provide the information where the market is moving based on price information.

Phillips 66 Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns Phillips 66.

On-Balance Volume information for Phillips 66. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for Phillips 66. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for Phillips 66. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for Phillips 66. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for Phillips 66. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for Phillips 66. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for Phillips 66. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High 52W Low Market Cap

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Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-05-12 89.35 2023-03-23 05:21
2023-04-27 90.42 2023-03-23 05:21
2023-04-28 90.31 2023-03-23 05:21
2023-05-08 89.70 2023-03-23 05:21
2023-05-09 89.60 2023-03-23 05:21
2023-05-10 89.52 2023-03-23 05:21
2023-05-03 90.01 2023-03-23 05:21
2023-05-04 89.91 2023-03-23 05:21
2023-05-05 89.81 2023-03-23 05:21
2023-05-11 89.44 2023-03-23 05:21
2023-05-15 89.26 2023-03-23 05:21
2023-05-16 89.17 2023-03-23 05:21
2023-05-01 90.21 2023-03-23 05:21
2023-05-02 90.10 2023-03-23 05:21
2023-05-17 89.09 2023-03-23 05:21
2023-05-18 89.00 2023-03-23 05:22
2023-03-24 94.61 2023-03-23 05:21
2023-03-27 94.08 2023-03-23 05:21
2023-03-28 93.90 2023-03-23 05:21
2023-03-30 92.82 2023-03-23 05:21
2023-03-29 93.21 2023-03-23 05:21
2023-03-31 92.63 2023-03-23 05:21
2023-04-03 92.56 2023-03-23 05:21
2023-04-04 92.64 2023-03-23 05:21
2023-04-05 92.23 2023-03-23 05:21
2023-04-06 92.10 2023-03-23 05:21
2023-04-07 92.06 2023-03-23 05:21
2023-04-10 91.89 2023-03-23 05:21
2023-04-11 91.90 2023-03-23 05:21
2023-04-12 91.80 2023-03-23 05:21
2023-04-13 91.66 2023-03-23 05:21
2023-04-14 91.41 2023-03-23 05:21
2023-04-20 90.92 2023-03-23 05:21
2023-04-17 91.24 2023-03-23 05:21
2023-04-18 91.15 2023-03-23 05:21
2023-04-19 91.04 2023-03-23 05:21
2023-04-21 90.78 2023-03-23 05:21
2023-04-24 90.71 2023-03-23 05:21
2023-04-25 90.63 2023-03-23 05:21
2023-04-26 90.54 2023-03-23 05:21

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.