Phillips 66 stock reports a 295.4 percent EPS surge

Published on 09/25/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Phillips 66 stock earned adjusted EPS of USD 9.41 in Q2 2026 versus USD 2.38 a year earlier. Revenue reached USD 52.04 billion against USD 43.60 billion consensus.

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Phillips 66 stock (ISIN US7185461040) stood at USD 255.87 on the NYSE on September 24, 2026, while adjusted second-quarter 2026 EPS reached USD 9.41. The earnings figure was 295.4 percent above the USD 2.38 reported for the same quarter a year earlier, according to Zacks.

EPS beat reaches USD 1.91

The Q2 adjusted EPS result exceeded the USD 7.50 consensus by USD 1.91. Revenue totaled USD 52.04 billion, compared with the USD 43.60 billion consensus estimate, according to MarketBeat.

The comparison with the prior year is the key signal: adjusted EPS increased from USD 2.38 to USD 9.41 in Q2 2026, while revenue also exceeded the stated consensus by USD 8.44 billion. That combination gives the earnings story more weight than the share price change alone.

Analyst target moves to USD 310

BMO Capital raised its Phillips 66 price target from USD 260 to USD 310 on September 17, 2026, while keeping an Outperform rating, according to MarketScreener. The new target is USD 54.13 above the September 24 share price, making the analyst view a separate valuation reference from the reported earnings comparison.

Phillips 66 also authorized a USD 10 billion share-repurchase program and maintained a quarterly dividend of USD 1.27, according to MarketBeat. Those capital-allocation figures add a shareholder-return dimension to the Q2 operating result.

Stock remains below yearly high

On September 24, 2026, the stock was USD 255.87 on the NYSE, down USD 0.61 or 0.24 percent from the prior close. The 52-week range was USD 126.74 to USD 277.12, placing the share price USD 21.25 below the high, while market capitalization stood at USD 102,587,243,567.