Phillips 66 Partners (PSX) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Phillips 66 Partners (PSX) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 5, 2023 (08:00)

Sector: Energy

The share price of Phillips 66 Partners LP (PSX) now

Latest session on the 5th of December for
Phillips 66 Partners LP is negative
Trading Volume: 3446288
Open: 128.62 /  High: 130.58 /  Low: 127.52
What analysts predict: $131.57
52-week High/Low: $129.75 / $88.03

50/200 Day Moving Average: $115.25 / $105.86

This figure corresponds to the Average Price over the previous 50/200 days. For Phillips 66 Partners stocks, the 50-day moving average is the support level today.

For Phillips 66 Partners stocks, the 200-day moving average is the support level today.

Are you interested in Phillips 66 Partners LP stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Phillips 66 Partners stock price in 2024, 2025, 2026, 2027, 2028. How much will one Phillips 66 Partners share be worth in 2024 - 2028?

When should I take profit in Phillips 66 Partners stock? When should I record a loss on Phillips 66 Partners stock? What are analysts' forecasts for Phillips 66 Partners stock? What is the future of Phillips 66 Partners stock? We forecast Phillips 66 Partners stock performance using neural networks based on historical data on Phillips 66 Partners stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Phillips 66 Partners stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Phillips 66 Partners shares. This happens once a day.




Historical and forecast chart of Phillips 66 Partners stock

The chart below shows the historical price of Phillips 66 Partners stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Phillips 66 Partners stock price can be found in the table below.

Long-term forecasts by years.

Phillips 66, an impressively diverse independent refiner in the oil and gas industry, boasts firm dividends metrics. These figures suggest a solid three-year growth of dividends and a healthy dividend safety record. Currently nudging towards its 52-week high, it’s soared by +48%, while still going for a bargain compared to the past year. With the forward P/E ratio standing at 7.51x – that’s a 30% contrast to the sector median which is 10.78x. Furthermore, its Price/Sales (FWD) and EV/ Sales differ by more than 75% with the rest of the sector. Such broad numbers might make you wonder why hasn’t everyone jumped on adding this high performer with geographically varied refining portfolios?

Phillips 66 Partners (PSX) Stock Forecast

Even though market conditions aren’t at their strongest, Phillips 66 stands to win from higher crude prices. The company doesn’t waver from its shareholder commitment, keeping its eyes on cost reduction initiatives and enlarging their midstream segment to skyrocket its EBITDA from $3 billion to an impressive $13 billion come 2025.

In Q2 alone, they returned $1.8 billion through share buybacks and dividends. Going forward, they’ve got clear intentions of giving back between $10 – $12 billion over the period between July 2022 to December 2024.

Although their second-quarter revenue didn’t quite hit projections, Phillips 66 upped their game with EPS reporting at a cool $3.87 billion — that’s a whopping $0.31 more than anticipated! Keeping over $10 billion cash flow from operations gives them a hefty lead within the sector for forecasted EPS Long Term Growth (3-5Y CAGR); hitting at a massive difference of about 310%. This sets them on course as one of the go-to stocks when it comes to dividends.

Throw into the pot an admirable B+ grade for dividend safety and a pleasing five-year growth rate of 6.55%, it even remains thrifty. So, you may want to take a second glance at this energy stock when balancing out your portfolio.

Phillips 66 Partners daily forecast for a month

Date Target Pes. Opt. Vol., %
Dec 07 129.13 125.33 132.53 5.75
Dec 08 131.14 125.24 136.73 9.17
Dec 09 124.29 120.49 127.20 5.57
Dec 10 119.45 117.30 123.96 5.68
Dec 11 118.73 113.39 124.22 9.55
Dec 12 124.36 118.84 129.43 8.92
Dec 13 122.42 120.43 125.06 3.84
Dec 14 123.08 119.46 127.81 6.99
Dec 15 123.82 119.36 127.98 7.22
Dec 16 126.19 120.29 130.36 8.37
Dec 17 123.39 117.77 125.24 6.35
Dec 18 125.17 122.39 129.83 6.07
Dec 19 123.07 121.52 126.61 4.19
Dec 20 120.93 115.63 124.84 7.97
Dec 21 124.26 122.40 126.28 3.17
Dec 22 123.29 121.74 128.77 5.77
Dec 23 121.52 117.00 126.11 7.79
Dec 24 127.86 121.72 130.85 7.50
Dec 25 123.18 121.11 124.66 2.93
Dec 26 125.55 119.52 127.13 6.37
Dec 27 123.66 117.73 125.59 6.68
Dec 28 117.95 112.86 123.12 9.09
Dec 29 124.46 120.95 126.40 4.51
Dec 30 120.73 117.03 124.86 6.68
Dec 31 122.18 117.70 125.70 6.79
Jan 01 121.66 117.72 124.58 5.83
Jan 02 117.50 112.14 120.39 7.36
Jan 03 119.19 115.69 122.41 5.81
Jan 04 114.47 110.28 119.90 8.72
Jan 05 109.12 105.06 112.78 7.35

Phillips 66 Partners Daily Price Targets


Phillips 66 Partners Stock Forecast 12-07-2023.

Forecast target price for 12-07-2023: $129.13.
Positive dynamics for Phillips 66 Partners shares will prevail with possible volatility of 5.436%.
Pessimistic target level: 125.33
Optimistic target level: 132.53

Phillips 66 Partners Stock Forecast 12-08-2023.

Forecast target price for 12-08-2023: $131.14.
Positive dynamics for Phillips 66 Partners shares will prevail with possible volatility of 8.402%.
Pessimistic target level: 125.24
Optimistic target level: 136.73

Phillips 66 Partners Stock Forecast 12-09-2023.

Forecast target price for 12-09-2023: $124.29.
Negative dynamics for Phillips 66 Partners shares will prevail with possible volatility of 5.277%.
Pessimistic target level: 120.49
Optimistic target level: 127.20

Phillips 66 Partners Stock Forecast 12-10-2023.

Forecast target price for 12-10-2023: $119.45.
Negative dynamics for Phillips 66 Partners shares will prevail with possible volatility of 5.377%.
Pessimistic target level: 117.30
Optimistic target level: 123.96

Phillips 66 Partners Stock Forecast 12-11-2023.

Forecast target price for 12-11-2023: $118.73.
Negative dynamics for Phillips 66 Partners shares will prevail with possible volatility of 8.717%.
Pessimistic target level: 113.39
Optimistic target level: 124.22

Phillips 66 Partners Stock Forecast 12-12-2023.

Forecast target price for 12-12-2023: $124.36.
Positive dynamics for Phillips 66 Partners shares will prevail with possible volatility of 8.186%.
Pessimistic target level: 118.84
Optimistic target level: 129.43

PSX (PSX) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan. 128.64 122.27 134.43 9.04
Feb. 126.90 111.86 138.70 19.35
Mar. 128.61 124.18 134.02 7.34
Apr. 129.00 120.49 142.16 15.25
May. 138.67 123.07 146.37 15.92
Jun. 157.40 152.67 169.44 9.89
Jul. 173.45 162.26 192.44 15.68
Aug. 172.15 165.95 186.87 11.19
Sep. 170.86 152.66 182.65 16.42
Oct. 153.17 143.75 168.57 14.72
Nov. 132.96 127.97 147.31 13.13
Dec. 132.96 126.57 148.31 14.66

Phillips 66 Partners forecast for this year


Phillips 66 Partners Stock Prediction for Jan 2024

An uptrend is forecast for this month with an optimal target price of $128.637. Pessimistic: $122.27. Optimistic: $134.43


Phillips 66 Partners Stock Prediction for Feb 2024

An downtrend is forecast for this month with an optimal target price of $126.9. Pessimistic: $111.86. Optimistic: $138.70


Phillips 66 Partners Stock Prediction for Mar 2024

An uptrend is forecast for this month with an optimal target price of $128.613. Pessimistic: $124.18. Optimistic: $134.02


Phillips 66 Partners Stock Prediction for Apr 2024

An uptrend is forecast for this month with an optimal target price of $128.999. Pessimistic: $120.49. Optimistic: $142.16


Phillips 66 Partners Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $138.674. Pessimistic: $123.07. Optimistic: $146.37


Phillips 66 Partners Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $157.395. Pessimistic: $152.67. Optimistic: $169.44


Phillips 66 Partners Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $173.449. Pessimistic: $162.26. Optimistic: $192.44


Phillips 66 Partners Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $172.148. Pessimistic: $165.95. Optimistic: $186.87


Phillips 66 Partners Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $170.857. Pessimistic: $152.66. Optimistic: $182.65


Phillips 66 Partners Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $153.173. Pessimistic: $143.75. Optimistic: $168.57


Phillips 66 Partners Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $132.955. Pessimistic: $127.97. Optimistic: $147.31


Phillips 66 Partners Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $132.955. Pessimistic: $126.57. Optimistic: $148.31



Phillips 66 Partners (PSX) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 134.35 122.66 140.60 12.76
Feb 147.65 142.56 158.73 10.19
Mar 167.36 158.07 181.42 12.87
Apr 184.18 165.67 195.51 15.26
May 185.56 174.43 202.54 13.88
Jun 200.32 184.69 217.74 15.18
Jul 200.92 181.93 215.08 15.41
Aug 202.12 194.85 208.49 6.54
Sep 217.28 197.73 235.86 16.17
Oct 212.39 193.60 231.51 16.38
Nov 196.78 177.60 215.67 17.65
Dec 214.79 204.80 239.27 14.41

Phillips 66 Partners (PSX) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 219.94 208.07 233.14 10.75
Feb 219.61 198.53 229.83 13.62
Mar 222.58 209.89 240.61 12.77
Apr 221.24 205.98 240.16 14.23
May 227.88 219.68 236.77 7.22
Jun 229.25 217.90 238.53 8.65
Jul 211.37 200.59 219.61 8.66
Aug 227.54 205.01 235.04 12.78
Sep 244.94 219.22 265.88 17.55
Oct 261.11 243.09 288.92 15.86
Nov 270.90 239.20 293.25 18.43
Dec 272.12 246.00 285.59 13.86

Phillips 66 Partners (PSX) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 291.30 262.46 300.92 12.78
Feb 314.90 289.86 331.43 12.54
Mar 304.51 289.89 326.89 11.32
Apr 270.71 250.00 295.88 15.51
May 275.58 252.02 299.97 15.99
Jun 277.65 265.15 300.55 11.78
Jul 295.55 278.71 317.72 12.28
Aug 314.62 295.74 334.91 11.70
Sep 332.08 320.12 345.53 7.35
Oct 356.98 344.13 372.51 7.62
Nov 350.56 333.21 391.57 14.91
Dec 368.44 355.73 388.89 8.53

Phillips 66 Partners (PSX) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 375.62 350.27 411.12 14.80
Feb 403.79 362.00 426.81 15.18
Mar 440.13 401.84 490.31 18.04
Apr 407.78 390.05 427.97 8.86
May 404.11 377.44 437.45 13.72
Jun 368.96 350.69 408.25 14.10
Jul 314.72 295.37 345.41 14.49
Aug 314.72 282.62 347.29 18.62
Sep 318.02 302.28 328.04 7.85
Oct 297.04 281.89 308.17 8.53
Nov 280.10 247.75 291.03 14.87
Dec 306.15 293.30 335.54 12.59

Phillips 66 Partners information and performance

Phillips 66 Partners Address

2331 CITYWEST BLVD., HOUSTON, TX, US

Market Capitalization: 51 914 809 000 $

Market capitalization of the Phillips 66 Partners LP is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of PSX shares in the company outstanding by the market price of one share.

EBITDA: 10 460 000 000 $

EBITDA of Phillips 66 Partners is earnings before interest, income tax and depreciation of assets.

PE Ratio: 7.13

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.731

Price/earnings to growth

DPS: 4.12

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0356

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 16.56

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.58
Quarterly Revenue Growth YOY: -0.118
Trailing PE: 7.13

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 8.56

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.455

Enterprise Value (EV) /Revenue

EV To EBITDA: 5.18

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 439956000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Phillips 66 Partners (PSX) stock dividend

Phillips 66 Partners last paid dividends on 11/16/2023. The next scheduled payment will be on 12/01/2023. The amount of dividends is $4.12 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.