Phillips 66 (PSX) Stock Sinks As Market Gains: What You Should Know

Phillips 66 (PSX) closed down 2.72% but maintains strong fundamentals with a Zacks Rank #1 (Strong Buy) rating. The oil refiner is expected to report earnings on October 28, 2026, with projected EPS of $10.87 (up 331.35% YoY) despite revenue expected to decline 3.6%. The stock trades at a Forward P/E of 10.01, slightly above the industry average of 8.76.