Phillips 66 stock heads toward October 28 results

Published on 10/06/2026 at 17:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Phillips 66 stock was trading at USD 270.06 on October 6, 2026, while Q2 revenue reached USD 52.04 billion. Phillips 66 reports Q3 results on October 28.

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Phillips 66 stock (ISIN US7185461040) was trading at USD 270.06 on the NYSE on October 6, 2026 at 11:58 a.m. ET, up 0.13 percent from the prior close. The company will release third-quarter 2026 results on October 28, 2026, and host an investor webcast at noon ET, according to Phillips 66.

Q2 revenue rose 55.3 percent

Phillips 66 reported USD 52.04 billion in total revenue and other income for Q2 2026, the quarter ended June 30, 2026. That was 55.3 percent above the year-ago quarter, while net income attributable to Phillips 66 climbed 338.7 percent to USD 3.85 billion, according to Ticker Scout.

Diluted EPS reached USD 9.55 in Q2 2026 versus USD 2.15 in Q2 2025. Operating cash flow rose to USD 7.26 billion from USD 845 million, while Refining segment income increased to USD 3.06 billion from USD 359 million.

Analyst targets move higher

BMO Capital raised its price target to USD 340 from USD 310 and kept an Outperform rating in a report dated October 2, 2026, as reported by Yahoo Finance. Goldman Sachs analyst Neil Mehta raised his target to USD 274 from USD 245 while keeping a Neutral rating on October 1, 2026, according to Markets Insider.

The published consensus was Buy among 20 analysts, with an average 12-month target of USD 257.16, according to Financhill. The average target sits below the October 6 quote, making the October 28 results a key test for whether recent earnings strength can support the higher valuation.

Stock stays below yearly high

Phillips 66 stock was trading 2.55 percent below its 52-week high of USD 277.12 on October 6, 2026. The session range was USD 266.26 to USD 270.30, and volume stood at 434,150 shares.