How to Buy Phillips 66 Stock
Phillips 66
Phillips 66 is a oil & gas refining & marketing company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker PSX on the NYSE exchange.
Phillips 66 stock last closed at $233.61, up 0.43% from the previous day, and has increased 90.34% in one year. It has underperformed other stocks in the Oil & Gas Refining & Marketing industry by 0.05 percentage points. Phillips 66 stock is currently +92.68% from its 52-week low of $121.24, and -1.07% from its 52-week high of $236.14.
There are currently 399.02M shares of PSX outstanding. The market value of PSX is $93.22B. In the past 24 hours, 2.65M PSX shares were traded.
How to Buy Phillips 66 Stock
Not sure how to invest in Phillips 66 stock? Here's how.
- Figure out where to buy Phillips 66 stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Phillips 66 stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- Research Phillips 66 stock: The Phillips 66 ticker symbol is PSX. Is Phillips 66 stock a good investment? Should you buy shares of PSX? How do PSX's underlying business fundamentals look? Do top analysts think Phillips 66 is a good buy? Why has PSX's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PSX is a good stock to buy).
- Execute your PSX trade: Decide if you will purchase PSX shares at the current market price or use a limit order to purchase PSX stock at a particular price.
- Get the latest scoop on your investment in PSX: Create a watchlist to track your investment in Phillips 66 shares.
Step 1: Figure out where to buy Phillips 66 stock
You need an online brokerage account in order to access the NYSE market and buy PSX stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you can invest in PSX stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on app for stock market, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details transferring money into your investment account.
Step 4: Research Phillips 66 stock
Once you have identified the best place to buy Phillips 66 stock, it's absolutely critical to research their stock before you invest, so you can wrap your head around the risk and opportunity.
Phillips 66 shares at a glance
Phillips 66 Due Diligence Score
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on PSX's stock page.
What is the fair value of PSX stock?
Analysts use many financial metrics, analyses, models, and charts to gauge PSX's intrinsic value.
Using relative valuations metrics:
- PSX could be overvalued based on its P/E ratio of 13.3x, relative to Oil & Gas Refining & Marketing industry P/E ratio of 13.12x
- PSX could be undervalued based on its P/B ratio of 2.96x, relative to Oil & Gas Refining & Marketing industry P/B ratio of 3.44x
You can access additional valuation analysis on PSX's stock here.
PSX Financial Health
Pros:
- PSX earnings of $9.94B is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the PSX balance sheet.
- PSX profit margin has gone up from 1.2% to 4.5% in the past year.
- Total PSX debt is lower than 5 years ago, relative to shareholder equity.
- PSX's operating cash flow of $8.93B allows it to safely service it's debt of $20.57B.
Cons:
- There are more long-term liabilities than short-term assets on the PSX balance sheet.
- PSX has a relatively high debt to equity ratio of 1.56.
Is it a good time to buy Phillips 66 stock, according to Wall Street analysts?
Out of 14 Wall Street analysts who track PSX, the consensus analyst rating on PSX is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent PSX Analyst Upgrades/Downgrades
Manav Gupta, a top 6% analyst from UBS maintains PSX with a strong buy rating and raises their PSX price target from $212.00 to $235.00, on Jul 27, 2026.
Neil Mehta, a top 5% analyst from Goldman Sachs maintains PSX with a hold rating and raises their PSX price target from $207.00 to $235.00, on Jul 22, 2026.
Vikram Bagri, a bottom 2% analyst from Citigroup maintains PSX with a hold rating and raises their PSX price target from $183.00 to $204.00, on Jul 14, 2026.
Justin Jenkins, a top 1% analyst from Raymond James maintains PSX with a buy rating and raises their PSX price target from $218.00 to $235.00, on Jul 13, 2026.
Lloyd Byrne, a top 5% analyst from Jefferies maintains PSX with a hold rating and raises their PSX price target from $191.00 to $207.00, on Jul 9, 2026.
You can dig deeper into what analysts are forecasting on the Phillips 66 stock forecast page.
PSX Technicals
PSX Performance Metrics
Last year, PSX earnings were $7.09B. In the last 4 year, PSX's earnings have grown by 10.84% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 13.3%.
Last year, PSX revenue was $156.36B. Over the last five year, PSX's revenue has increased by 13.54% per year. This was faster than the Oil & Gas Refining & Marketing industry average of 12.7%.
Find out more about PSX's earnings and revenue performance here.
Are PSX executives and large shareholders buying or selling the stock?
Over the last year, executives and large shareholders at PSX have bought more shares than they have sold.
Richard G. Harbison, EVP of PSX, was the latest PSX insider to buy. They bought $1,008,450.00 worth of PSX stock on Aug 12, 2026.
Research more about who owns PSX shares here.
Can I get consistent income from PSX stock?
Phillips 66 pays a dividend of 2.11%, compared to the Oil & Gas Refining & Marketing industry's average dividend yield of 5.07%. If you owned $1,000 worth of PSX stock, you would have received $21.15 last year.
Phillips 66 dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Phillips 66 dividend yield and history here.
Get opinions from other traders
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your PSX trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and eToro will place your order.
If you want more info about buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your investment in PSX
Now that you own some PSX stock, you'll want to stay up-to-date on your new shares.
Start a watchlist to get notified of the latest news about your PSX stock.
PSX Feed
How to Buy Stock in Phillips 66
To reiterate, here are the 6 steps to buy Phillips 66 stock:
- Figure out where to buy Phillips 66 stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Research Phillips 66 stock
- Execute your PSX trade
- Get the latest scoop on your investment in PSX
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Phillips 66, click below.
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