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Barchart
Barchart
Neha Panjwani

Phillips 66 Stock Outlook: Is Wall Street Bullish or Bearish?

Phillips 66 (PSX), headquartered in Houston, Texas, operates as an energy manufacturing and logistics company. With a market cap of $90 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 notably outperformed the broader market over the past year. PSX has gained 89.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 20.6%. In 2026, PSX stock is up 80.3%, surpassing the SPX’s 13.9% rise on a YTD basis.

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