Phillips 66 (PSX) Stock Falls Amid Market Uptick: What Investors Need to Know

Phillips 66 stock declined 1.21% to $278.18 on October 9, 2026, underperforming the broader market despite the S&P 500 gaining 0.6%. The oil refiner is expected to report earnings on October 28 with projected EPS of $10.41 (up 313.1% YoY) and revenue of $34.31 billion (down 1.92% YoY). The stock has gained 8.93% over the past month and holds a Zacks Rank #1 (Strong Buy) rating with a Forward P/E of 9.71.