
Phillips 66 (PSX), headquartered in Houston, Texas, operates as an energy manufacturing and logistics company. With a market cap of $51.2 billion, the company’s operations include oil refining, marketing, and transportation along with chemical manufacturing and power generation.
Shares of leading integrated downstream energy provider have underperformed the broader market over the past year. PSX has declined 13.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 12.3%. However, in 2025, PSX stock is up 9.5%, surpassing the SPX’s marginal rise on a YTD basis.