Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Phillips 66 Reports Decline in Earnings: Analysts Estimate

January 29, 2025
Phillips 66 (NYSE: PSX) is set to release its quarterly earnings report on Friday, and analysts are estimating a decline in earnings for the company.
With the recent challenges faced by the energy industry due to the global pandemic, it is expected that Phillips 66 may have experienced a decrease in demand and lower prices for its products. However, investors should keep an eye out for any unexpected positive surprises that could indicate a potential turnaround for the company. To get a professional forecast of the movement of Phillips 66 stock, it is recommended to consult experts at Stocks Prognosis.

Find out how the PHILLIPS 66 rate is expected to change

Get Forecast for PSX

Investor opinions & comments:

I'm curious to see how Phillips 66 will navigate the challenges in the energy industry and if they have any plans for a potential turnaround
— from SadieColeman at 02-01-2025 14:28
I'm not sure if Phillips 66 will be able to bounce back from the decline in demand and lower prices, as the energy industry continues to face uncertainty
— from PenelopeWest at 01-31-2025 19:15
It will be interesting to see if Phillips 66 has implemented any cost-cutting measures or diversification strategies in response to the current market conditions
— from WealthyWanda at 01-31-2025 14:57
I'm uncertain if there will be any significant improvements for Phillips 66 in the near future, given the ongoing impact of the global pandemic on the energy sector
— from AnthonyBennett at 01-31-2025 07:27
I believe Phillips 66 has a strong track record and experienced management team, which could potentially help the company navigate through difficult times
— from DividendDiane at 01-31-2025 01:43
I wonder how the decline in earnings will affect Phillips 66's stock price and investor confidence
— from GrowthGreg at 01-31-2025 01:34
I'm hopeful that Phillips 66's quarterly earnings report will reveal some positive signs of recovery and resilience amid the current challenges
— from InvestorImogen at 01-30-2025 21:46
I'm skeptical about any potential positive surprises, as the overall market conditions for the energy industry are quite challenging right now
— from TraderTyler at 01-29-2025 20:42
I have confidence in Phillips 66's ability to adapt and innovate in response to changing market conditions, which could lead to future growth and profitability
— from JasonLewis at 01-29-2025 09:47
If you want to leave a comment, then you need Login or Register





Other news for PSX

PSXMarch 21, 2025Phillips 66 PSX Revolutionizes the Energy Industry with Groundbreaking Technology  ~2 min.

Phillips 66, a leading energy manufacturing company, has recently made waves in the stock market, and for good reason....

PSXMarch 14, 2025Phillips 66 Stock: Is PSX Underperforming the Energy Sector?  ~2 min.

Phillips 66, a leading energy company, has been under scrutiny lately as investors question its performance in comparison to the overall energy sector....

PSXFebruary 27, 2025Activist Shareholders Push For Separation of Phillips 66, but Experts Recommend Buying Stocks  ~2 min.

Phillips 66, a leading energy manufacturing and logistics company, has recently come under scrutiny from activist shareholders who are pushing for the separation of the company....

PSXFebruary 26, 2025Phillips 66 PSX: Business Expansion Promises Growth for Investors  ~1 min.

Phillips 66, a leading energy manufacturing company, has recently secured a lease for a new facility, indicating their plans for business expansion....

PSXFebruary 24, 2025Phillips 66: Elliott Pushes for Streamlining as Insider Lowers Holding  ~1 min.

Phillips 66, the energy manufacturing and logistics company, has been making headlines recently....



Related news

LUMNFebruary 2, 2025Lumen Technologies Inc. Continues Its Promising Turnaround  ~1 min.

Lumen Technologies Inc. (NYSE:LUMN) has been gaining attention in the stock market lately, as its shares have experienced a significant decline of 14.4%....

BAJanuary 29, 2025Boeing Surges as CEO Reports Progress on Turnaround Efforts  ~1 min.

The Boeing Company (NYSE: BA) has experienced a significant surge in its stock price after its CEO highlighted the progress made in the company's turnaround efforts....

SUNovember 20, 2024Suncor Energys Turnaround Impresses In Oil Sands Sector  ~1 min.

Canadian energy company Suncor Energy Inc. (SU) has seen a significant turnaround in the oil sands sector....

LUMNJanuary 31, 2025Stockholders of Lumen Technologies Faced with Dilemma as Shares Plummet  ~1 min.

According to recent reports, Lumen Technologies Inc. (NYSE:LUMN) experienced a significant 14.4% decrease in its stock value....

CVNAJanuary 15, 2025Carvana CVNA Shares Tumble as Forensic Research Firm Hindenburg Takes Aim Concludes Company's Turnaround is a Mirage  ~2 min.

Carvana Co. (NYSE:CVNA) experienced a significant drop in its share price following the release of a damaging report by forensic research firm Hindenburg....