How To Buy Phillips 66 Stock (PSX)

How To Buy Sell Or Trade Phillips 66 Stock Guide

How to buy Phillips 66 Stocks & Shares Risks Trading Phillips 66 PSX

Investing in Phillips 66 stocks can be risky, as there is always a potential for your investment not to perform as expected, resulting in lower returns or even loss of your original investment. Risk is increased, especially for leveraged trades on Phillips 66 stock, which can result in losses exceeding your initial deposit.

Before investing in Phillips 66, it is important to conduct proper research on the company and its stock price history. Stocks are exposed to credit risk and fluctuations in the value of their investment portfolio, which can be influenced by factors such as Phillips 66 credit deterioration, liquidity, political risk, financial results, interest rate fluctuations, market and economic conditions, and sovereign risk.

To mitigate some of these risks, it is recommended to review the documents that Phillips 66 is required to file regularly, such as the annual reports (Form 10-K) and quarterly reports (Form 10-Q), which disclose detailed financial information. Monitoring your investments by following your established investment strategy and reviewing your Phillips 66 position is also important.

If you plan on holding Phillips 66 shares for the long term, attending the Phillips 66 company's annual meeting and analyzing any news and information about the company can help you make informed decisions regarding your investment.

Phillips 66 PSX Trading Fees

Investors looking to trade Phillips 66 stocks may be interested in taking advantage of current promotional offers from certain stock brokers. These Phillips 66 stock brokers may offer low or no trading fees and may not require an account minimum. It's important to note that these offers can vary between brokers offering various Phillips 66 financial instruments and may be subject to specific terms and conditions.

For example, eToro is currently offering commission-free Phillips 66 stock trading for new users who sign up for a trading account. It's always a good idea to carefully review promotional offers and their terms before investing in Phillips 66 stock or any other financial instrument.

How much does it cost to buy or sell Phillips 66 PSX Stock

At the time of writing PSX is worth 110.48 USD per share.

How can I buy or sell Phillips 66 PSX Stock

If you want to buy or sell Phillips 66 shares, you have two options available: placing a PSX market order or a PSX limit order. A PSX market order is executed immediately at the prevailing market price, while a PSX limit order allows you to specify the maximum price you are willing to pay.

Deciding how many Phillips 66 shares to buy can be a challenging task, and will depend on various factors such as your Phillips 66 investment strategy and budget. It is important to carefully consider these factors before placing a live Phillips 66 stock order.

Trade Real Phillips 66 Shares

Buying real Phillips 66 shares means you are buy a 100% of each single Phillips 66 PSX share you buy. When you buy a real Phillips 66 stock you own the Phillips 66 stock in your name as an underlying asset. You will have to make sure your trading account has adequete funding to for your Phillips 66 stock bid price.

When you purchase a share of stock in Phillips 66, you are effectively becoming a part owner of that company. Depending on the volume of Phillips 66 shares you own it may entitle you to certain benefits offered by Phillips 66. Some companies may choose to pay dividends to shareholders or reinvest income in order to expand further.

Trade Phillips 66 Fractional Shares

When you buy real Phillips 66 shares, you become a direct owner of the underlying asset. Trading real Phillips 66 stock means that you own 100% of each Phillips 66 PSX share that you purchase, and it is held in your name. To buy the shares, you will need adequate funds in your trading account to cover the stock's bid price.

Owning a share of Phillips 66 stock means you become a part-owner of the company. Depending on the number of shares you own, you may be entitled to certain benefits offered by Phillips 66. For example, some companies like Phillips 66 may pay shareholders dividends to share profits, while others may reinvest income to expand their business further.

Pros and Cons of Investing in Phillips 66 Fractional Shares

When considering investing in Phillips 66, fractional shares offer both advantages and disadvantages to investors.

Disadvantages of Phillips 66 Fractional Shares

One potential disadvantage of buying Phillips 66 fractional shares is that they can be more difficult to sell. Phillips 66 fractional shares can only be sold within the same brokerage account they were purchased from, and demand for them may not always be high. Additionally, fractional shares come in various increments, which may make it harder to find a buyer for a specific fraction of Phillips 66 stock.

Advantages of Phillips 66 Fractional Shares

On the other hand, fractional shares offer investors increased control over their portfolios. By allowing investors to buy a portion of a stock based on a dollar amount rather than a whole share, fractional shares enable investors to diversify their portfolio even with small amounts of money. Affordability can help investors achieve the balance of different stocks, including Phillips 66 and create a more diversified portfolio.

Fractional shares also offer the advantage of proportionate dividends. If you own a percentage of a Phillips 66 share, you will receive a proportionate percentage of the dividends paid by the company. Finally, some brokers allow investors to start investing in Phillips 66 with as little as $5 when using a fractional share investing strategy.

Additionally, fractional shares can also help investors to invest in high-priced stocks such as Phillips 66, which may otherwise be unaffordable. Fractional Phillips 66 shares allow investors to benefit from these stocks' growth potential without committing to buying a full share. Fractional shares also provide flexibility, as investors can purchase or sell any amount they wish without being restricted to whole numbers of shares. Phillips 66, stock accessibility enables investors to fine-tune their portfolios and make smaller adjustments without committing to buying or selling whole shares.

Considerations When Investing in Phillips 66 Fractional Shares

While Phillips 66, fractional shares can offer several advantages to investors, it's important to understand the potential downsides of trading Phillips 66 as fractional shares as well. In addition to the difficulty in selling Phillips 66 fractional shares, some brokers may charge higher fees for Phillips 66 fractional share transactions, which could eat into your investment returns. Furthermore, fractional shares may not always be available for certain stocks, including Phillips 66, so checking with your broker before investing is important. Additionally, it's important to ensure that your broker is reputable and has a strong track record of providing reliable services to Phillips 66 stock investors.

You can buy Phillips 66 fractional shares with eToro. Your capital is at risk.

Buy Sell or Trade Phillips 66 CFD Shares

CFDs, or contracts for difference, are financial instruments that allow Phillips 66 traders to speculate on the price movements of various markets, including Phillips 66 stocks, Forex, indices, and commodities. Unlike traditional investments, CFDs do not require ownership of the underlying Phillips 66 stock asset but instead offer traders the opportunity to profit from the price movements of these assets without physically owning them. With CFD trading, you can trade on Phillips 66 share prices without buying or owning PSX stock. However, it is important to note that CFDs are complex investment products with a high level of risk, as there is a potential for unlimited losses if Phillips 66 stock price positions go wrong. Despite this risk, CFD trading can be advantageous for traders with a short-term outlook, enabling them to speculate on Phillips 66 asset prices by going either long (buying) or short (selling).

Phillips 66 CFD Trading vs Traditional Share Dealing

What is CFD trading, and why would you buy Phillips 66 as a CFD instead of a share? Let's explore the differences between the two methods of trading.

CFD trading, or contracts for difference, allows traders to speculate on the price movements of financial markets, including stocks, forex, indices, and commodities, without owning the underlying assets. When trading CFDs, traders have an agreement with their CFD broker and are speculating that the Phillips 66 price will change up or down.

In contrast, when buying Phillips 66 shares with a stock broker, you own a share of Phillips 66. If you bought 100 Phillips 66 shares at 110.48 USD a share with a stock broker, you would own 11000 USD of Phillips 66.

The main difference between trading Phillips 66 CFDs and buying Phillips 66 shares is that contracts for difference offer increased leverage. Phillips 66 CFDs are traded on margin, meaning you do not need to invest the full amount on Phillips 66 upfront. Instead, you could invest a fraction of the amount on Phillips 66, known as the CFD margin, to hold a similar position in Phillips 66. Trading an Phillips 66 CFD allows investors to hold larger positions than their invested amount. However, be aware that investing in an Phillips 66 CFD amplifies potential profits but also exaggerates potential losses, which may exceed the amount invested.

Investing in an Phillips 66 share with a stock broker means you would only lose the amount you invested, as you pay the total cost of your position to your broker upfront. There is no leverage.

CFD trading enables traders to profit from both upward and downward price movements of Phillips 66 on the financial exchange. A long CFD position hopes to profit from a rise in the Phillips 66 share price, while a short Phillips 66 CFD position aims to profit from a fall in the Phillips 66 share price. Trading Phillips 66 CFDs allows traders to move with the financial markets in both directions, giving them greater chances to profit.

It's important to note that Phillips 66 CFDs are complex investment products and present a high risk to any trader. There is an ever-present threat of very high losses for Phillips 66 positions that go wrong. If you are a trader with a short-term outlook, buying Phillips 66 as a CFD can be advantageous. However, it's crucial to thoroughly research and understand the risks involved before engaging in Phillips 66 CFD trading.

If you invested in an Phillips 66 share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Phillips 66 CFD long hopes to profit from a rise in the Phillips 66 share price. An Phillips 66 CFD short would aim to profit from a fall in the Phillips 66 stock price. Trading CFDs allows traders to profit from both directions of the Phillips 66 price on the financial exchange. Giving traders a greater chance to move with the financial markets.

With traditional Phillips 66 shares you can only profit from a rise in the Phillips 66 stock price. You can trade Phillips 66 CFD stocks and tradional stocks with eToro or XTB. Your capital is at risk.

Trading Phillips 66 Stocks and CFDs

If you're considering investing in Phillips 66 It's important to know your options. You can choose to buy or sell traditional Phillips 66 shares through one of our listed brokers, or you can trade Phillips 66 using CFDs (contracts for difference).

It's worth taking the time to understand the difference between these two investment options. When buying Phillips 66 shares with a broker, you own a physical share of the company and can profit if the value of the stock goes up. However, buying shares also involves paying the full cost of the share upfront.

On the other hand, CFD trading offers a way to speculate on the value of Phillips 66 without actually owning the shares. CFDs are traded on margin, meaning you can hold a position with only a fraction of the total value, which offers increased leverage compared to buying shares outright.

Trading Phillips 66 CFDs can be advantageous for traders with a short-term outlook as it enables you to speculate on the Phillips 66 price of the asset by going long (buying) or going short (selling). However, it's important to note that CFDs are complex investment products and present a high risk to traders, as potential losses can exceed the initial Phillips 66 investment.

In summary, whether you choose to buy traditional Phillips 66 shares or trade Phillips 66 using CFDs depends on your investment goals, risk tolerance, and trading strategy. Understanding the benefits and risks of each Phillips 66 trading option can help you make an informed decision about which approach is right for you.

Example Cost of Buying Phillips 66 as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices. Your capital is at risk.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Phillips 66 stock examples	Phillips 66 CFD trade example	Phillips 66 Share deal example
Market price	$110.48	$110.48
Broker Deal	Invest $22.096 at 1:5 Margin (20%)	Buy at $110.48 a share
Deal size	100 shares	100 shares
Initial outlay	$2209.6 (Margin = exposure x 20% margin factor)	$11048 (100 shares at $110.48)
Stamp duty	No	£20
Close price	Sell at $132.576	Sell at $132.576
Estimated Profit	(22.096 point increase x 100 shares = $2209.6) *Not including commission fees and taxes	($13257.6 - $11048 = $2209.6) *Not including commission fees and taxes
	Trade Phillips 66 CFDs now with XTB	Trade Phillips 66 Shares now with eToro

Your capital is at risk. Other fees apply.

Phillips 66 CFD and Stock Market Times

Trading traditional Phillips 66 shares is limited to the hours when the NYSE (New York Stock Exchange) stock exchange is open, which is typically 9:30 a.m. and 4:00 p.m. ET on trading days. This means that you can only buy or sell shares through your broker during these hours. However, with CFD trading, you can deal 24/7, allowing you to trade Phillips 66 shares around the clock.

Buying or Selling Phillips 66 Shares with a Broker

When you buy Phillips 66 shares through a broker, your risk is limited to your initial investment, as brokers require you to pay for the full amount of your investment upfront. Unlike CFD trading, brokers do not offer leverage or loans when buying Phillips 66 shares, meaning that your risk is limited to the initial amount invested. Additionally, buying Phillips 66 shares through a broker can make you eligible to receive company dividends if applicable. However, owning shares in Phillips 66 through a CFD does not provide shareholder privileges, as you do not actually own any underlying assets in Phillips 66.

Another benefit of buying Phillips 66 shares through a broker is the possibility of receiving shareholder perks and benefits, such as voting rights at Phillips 66 shareholder general meetings. However, eligibility for these benefits may require you to own a certain amount of stock for a set period.

Phillips 66 Shares and CFDs and Tax

It is important to confirm with your local tax office, but in the United Kingdom, CFDs are free from capital gains and stamp duty taxes. Additionally, when trading CFDs, losses can be offset against profits when submitting your tax return. In contrast, investment in Phillips 66 stocks and shares is only exempt from tax if the shares were bought through an ISA (Individual Savings Accounts) or SIPP (Self Invested Personal Pensions).

Should I trade Phillips 66 Stocks and Shares or Phillips 66 CFDs?

There are pros and cons to both trading in Phillips 66 stocks and shares and trading Phillips 66 CFDs. The decision on which to choose depends on the individual investor and a few factors. For long-term investments, buying Phillips 66 shares and stocks is typically better suited, as they historically provide better returns over a 10-year period. In contrast, Phillips 66 CFD trading is more appropriate for intra-day and mid-term traders, who aim to profit on the fluctuating highs and lows of the Phillips 66 price throughout the day or a few days.

Phillips 66 CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Phillips 66 share investors aim to profit on the fluctuating highs and lows of the Phillips 66 price throughout the day. Day trading as you can imagine focuses on profiting from the daily Phillips 66 stock price change.

Both types of Phillips 66 trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest in Phillips 66 stocks.

With CFD trading as you can short or long an Phillips 66 stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Phillips 66 share price for example to a known amount.

How Phillips 66 PSX Fits In Your Portfolio

If you are considering investing in Phillips 66 stock, assessing the level of exposure it would give you to the company is essential. Investing a large percentage of your portfolio in a single stock can be risky, especially if the company's performance deteriorates. Furthermore, it is crucial to understand the benefits of diversification that come with investing in various equities, including stocks, bonds, funds, and alternative assets, if you are new to investing in Phillips 66 or any financial market, it is advisable to develop a well-diversified portfolio.

Before investing in Phillips 66 or other financial markets, ensure that you have an emergency fund that can cover at least three months of costs and have paid off any high-interest debt. It is also essential to remember that even the most successful stock stories, like Phillips 66, can turn sour. Consumer preferences can change, and competition can emerge, challenging the company's success.

Therefore, it is wise to focus on investing in the market rather than only picking individual stocks like Phillips 66. This approach has proven to be a successful long-term strategy. Lastly, it is important to remember that past performance does not always indicate future Phillips 66 stock price performance. Seeking guidance from a financial expert before making significant changes to your portfolio or investing in Phillips 66 is always a good idea.

Is Phillips 66 A Buy Or Sell

Phillips 66 total volume in the stock market refers to the number of shares, contracts, or lots traded on a given day. This Phillips 66 volume is comprised of buying volume and selling volume.

The buying volume of Phillips 66 refers to the cumulative amount of shares, contracts, or lots associated with purchasing trades, whereas selling volume refers to the total amount of shares, contracts, or lots associated with selling trades. The buying and selling volumes can provide investors with insights into the market demand and supply for Phillips 66, which can help make informed investment decisions.

When deciding to invest in Phillips 66 stock, it is crucial to conduct appropriate research and analysis to determine whether the stock's price will rise in the short or long term. Investors should not base their decision solely on the Phillips 66 stock's past performance but evaluate the company's financial health, Phillips 66 management team, industry trends, and other relevant factors.

If an investor feels confident that the price of Phillips 66 stock will increase, they may choose to buy the stock. However, it's important to note that the right time to buy Phillips 66 stock may vary depending on the investor's strategy and investment goals. Some investors may hold the Phillips 66 stock for a long time, while others may prefer to sell Phillips 66 once they've made a profit.

Is Phillips 66 Over or Under Valued?

One way to assess the valuation of Phillips 66 stock is to use the P/E ratio. The profit-earning ratio is found by dividing Phillips 66 stock price per share by per Phillips 66 share earnings. A profit earning ratio that is high suggests that the stock may be overvalued, while a low P/E ratio may be undervalued. Before investing in Phillips 66 stock, it is advisable to analyze its P/E ratio, which can provide valuable insights into the stock's current market valuation.

A Phillips 66 stock may be considered overvalued if its current market price does not match its P/E ratio or forecast on earnings. For example, if Phillips 66 stock price is 50 times higher than its earnings, it is likely to be an overvalued stock compared to one that is trading for 10 times its earnings. Other factors to consider when deciding whether Phillips 66 stock is over or undervalued is the change in PSX fundamentals, the amount of free cash flow that Phillips 66 has, and their price to book ratio. Phillips 66 has a P/E ratio of 4.28.

Phillips 66 PSX Financials 2025

Founded in 2011, Phillips 66 has a 52 week high price of 113.53 and a 52 week low price of 74.02. Phillips 66 has a marketcap of 50,695,097,396 and an average trading volume of 3,145,996. Phillips 66 has 458,862,000 shares on the NYSE (New York Stock Exchange). Phillips 66 has a P/E ratio of 4.28 and a EPS of 25.84.

Phillips 66 Stock P/E Ratio

The (PE) ratio helps in understand the Phillips 66 stock value compared to Phillips 66 earnings. A Phillips 66 high (PE) ratio shows that a stock's price is higher than its earnings and may be overvalued. A Phillips 66 low (PE), on the other hand, may imply that the present stock price is cheap compared to earnings.

To simplify, you can estimate how much the market may pay for Phillips 66 stock based on previous and prospective Phillips 66 earnings.

When looking at Phillips 66, its current share price of (110.48) divided by its per-share earnings (EPS 25.84) over a period of 12 months results in a 25.84 (trailing price / earnings ratio) of approximately 4.28. Meanin Phillips 66 shares are trading at 4.28 times the recent declared 4.28 earnings.

Investors in Phillips 66 often use the P/E ratio to determine the company's market value relative to its earnings. A high P/E ratio may suggest that Phillips 66 is overvalued as the stock price exceeds the earnings. On the other hand, a low Phillips 66 P/E ratio may indicate that the current Phillips 66 stock price is cheaper than the Phillips 66 earnings, which could be an opportunity for Phillips 66 investors to buy. For comparison, the trailing 12-month P/E ratio for the NASDAQ 100 was around 23.72 at the end 2022.

Phillips 66 Trading Volume and PE

Phillips 66 currently has 458,862,000 active shares in circulation traded through the NYSE exchange.

Phillips 66 market capitalization is $50,695,097,396 with an average daily trading volume of 3,145,996 shares.

Trading volume is the amount of security traded over a certain duration. Regarding shares, volume refers to the number of shares bought and sold during a given day.

Phillips 66 has a Price Earning Ratio ( PE ) of 4.28 and earning per share ( EPS ) of 25.84. Generally speaking, Phillips 66 having a high P/E ratio means that Phillips 66 investors foresee increased growth with Phillips 66 in the future. Companies that are losing money do not have a P/E ratio.

Phillips 66 earnings per share is company profit allocated to every Phillips 66 common stock. Earnings per share are calculated by taking the difference between Phillips 66's net earnings and dividends paid for preferred stock and dividing that amount by the average amount of Phillips 66 shares outstanding.

Whats A Good Phillips 66 P/E Ratio?

The P/E ratio for Phillips 66 is not necessarily classified as "good" based solely on a high or low ratio. In fact, a higher Phillips 66 P/E ratio than the market average could be considered unfavourable, while a lower Phillips 66 P/E ratio may be positive.

Typically, average P/E ratio on financial markets ranges around 20 to 25. Therefore, a higher P/E ratio above this range with Phillips 66 could be unfavourable, indicating that investors are willing to pay a premium for Phillips 66 shares despite Phillips 66 earnings. In contrast, a lower Phillips 66 P/E ratio may be better, suggesting that the current Phillips 66 stock price is more aligned with its earnings, making Phillips 66 shares more attractive to potential investors.

Phillips 66 EPS (Earnings Per Share)

Investors are always looking for ways to measure the value of a stock. One widely used indicator is earnings per share (EPS), which measures a company's profitability. Phillips 66 stock price is often evaluated using EPS as it is an indicator for the profit Phillips 66 each share of its stock makes in potential profit. This information is useful for Phillips 66 investors because they are willing to pay more for a Phillips 66 share if they believe that Phillips 66 is earning more than the stock price.

Currently, Phillips 66 has an EPS value of 25.84. This information indicates how much profit Phillips 66 has made for each share of its stock. EPS is a critical metric for investors as it helps them evaluate the company's financial health and potential for growth.

Phillips 66 Investors also look for EPS growth rates to indicate the future potential of Phillips 66. An Phillips 66 EPS growth rate of at least 25% over the previous year indicates that a Phillips 66 products or services are in high demand. If the Phillips 66 EPS growth rate has been increasing in recent quarters and years. It's even better. The increased EPS trend indicates that Phillips 66 is on a path to greater profitability and could provide a good return on investment.

Phillips 66 PEG Ratio

The Phillips 66 PEG ratio, or Phillips 66 (price / earnings to growth) ratio, is a measure that helps Phillips 66 investors value the Phillips 66 business by taking into consideration the Phillips 66 stock market price, earnings, and future growth potential of Phillips 66 as a business. The Phillips 66 PEG ratio can show if Phillips 66 stock is potentially over or under market value.

Phillips 66 share price/earnings-to-growth ratio is computed by dividing its P/E ratio by its growth. A PEG ratio greater than one indicates that shares are overvalued at their current growth rate or that they may predict a faster growth rate.

The PEG ratio, rather just the P/E ratio, provides a more comprehensive picture of Phillips 66's potential profitability. It could also assist you in comparing the share prices of different high-growth firms by accounting for growth.

Phillips 66 Trading Volume

Phillips 66 stock trading volume can assist an investor in determining the strength of Phillips 66 stock price momentum and confirming a trend. Phillips 66 stock prices tend to move in the same direction as Phillips 66 trade volume increases. If a Phillips 66 stock price continues to rise in an uptrend, Phillips 66 stock trading volume should rise, and vice versa.

Phillips 66 has a trading volume of 3,145,996

The sentiment driving Phillips 66 stock price movement is measured by Phillips 66 trading volume. It informs you of the number of persons involved in the Phillips 66 stock price movement. When Phillips 66 stock trades on low volume, it signifies that only a small number of people are involved in Phillips 66 stock buying and selling transactions. The market interest in Phillips 66 stock can be measured by its trading volume.

Phillips 66 Stock Price Volatility

The Phillips 66 stock price has fluctuated in value during the last year, ranging from 74.02 USD to 113.53 USD. The larger the range between the 52 week low and 52 week high price is a prominent metric for determining its volatility.

Investing In Phillips 66 Stocks

After selecting your preferred Phillips 66 stock broker, opening an account, and funding it, you are now ready to start investing in Phillips 66 stocks. You can do this by accessing the stock through your trading app or web browser, then indicating the number of shares or the amount you wish to invest with fractional shares. Additionally, you must select the type of order you prefer, such as market or limit order, then execute the trade.

If you desire greater control over your money and Phillips 66 shares, using a limit order is advisable. This type of order allows you to specify the price you wish to pay for Phillips 66 stock, while market orders execute automatically at prevailing Phillips 66 prices. Limit orders could benefit thinly traded securities with large bid-ask spreads since executing Phillips 66 market orders might increase prices.

To ensure that you get the best price possible, you can request to buy PSX stock at the current best price on your brokerage platform or use a more advanced Phillips 66 order type like limit or stop orders. These will help you purchase or sell Phillips 66 shares once the stock price falls below a specified threshold. Investing in Phillips 66 stocks requires patience and knowledge, but the potential rewards can be substantial.

Phillips 66 is traded on the NYSE (New York Stock Exchange) exchange meaning that it can be bought or sold between the NYSE (New York Stock Exchange) trading hours which are 9:30 a.m. and 4:00 p.m. ET.

You can access this service through your online Phillips 66 brokerage. The NYSE (New York Stock Exchange) pre-market trading hours terms are 4:00 a.m. to 9:30 a.m. ET, and after-hours trading conditions are 4:00 p.m. to 8:00 p.m. ET. If you place an Phillips 66 stock order outside of available NYSE (New York Stock Exchange) trading hours it will be processed once NYSE (New York Stock Exchange) trading resumes.

Why Phillips 66 Stocks Fluctuate

In the world of finance, the law of supply and demand has a significant impact on the Phillips 66 stock market. The simple concept is that when the demand for Phillips 66 stock exceeds its supply, its price tends to increase. On the other hand, when there is an excess supply of Phillips 66 stock that surpasses demand, the PSX stock price typically goes down.

The severity of the demand-supply gap has a direct correlation with the Phillips 66 stock price, with a more significant gap resulting in a higher price for Phillips 66 stock. Consequently, when the number of Phillips 66 stocks available for sale is less than the number of people wanting to buy them, the price of Phillips 66 stock tends to rise.

Conversely, when there are more Phillips 66 stocks than buyers, the Phillips 66 stock price tends to fall. The Phillips 66 stock price constantly fluctuates based on the number of buyers versus the available supply of Phillips 66 stocks.

In addition to supply and demand, innovative and revenue-generating products or services released by Phillips 66 can also impact the valuation of PSX stock. Keeping an eye on such developments could provide insights into the future performance of Phillips 66 stock and help investors make informed decisions.

Phillips 66 Stock Market Capitalisation

The market capitalisation of a Phillips 66 stock is a critical metric in finance. It is calculated by multiplying the total number of outstanding shares of Phillips 66 stock by its current market price. For instance, if a company has one million outstanding shares priced at $50 per share, the market cap of that company would be $50 million. It's worth noting that Phillips 66 has a market cap of 50,695,097,396.

Knowing the market cap of Phillips 66 enables investors to analyse the company in the context of other similar-sized companies in the same industry. The Phillips 66 market cap is considered more meaningful than the share price because it considers company's total value. For example, a small-cap firm with a market cap of $500 million should not be compared to a large-cap corporation with a market value of $10 billion. Therefore, understanding the market cap of Phillips 66 can provide valuable insights for investors making informed investment decisions.

Phillips 66 Stock Volume Explained

The Phillips 66 stock's trading volume is the total number of shares bought and sold within a specified period, usually one trading day. It measures the overall market activity and liquidity of Phillips 66 shares. However, remember that the same Phillips 66 shares can be traded multiple times a day, so the trading volume counts each transaction.

The higher the volume of Phillips 66 stocks traded, the more active the market is for that stock. It is usually viewed as a sign of financial strength when an increasing trading volume accompanies a rising market. On the other hand, low trading volume can indicate a lack of market interest in Phillips 66.

Volume is a crucial indicator of the money flow in Phillips 66 stock. When Phillips 66 stock appreciates on high volume, it shows that more investors are buying the stock, which is usually a good sign to invest in. However, if Phillips 66 stock is appreciating on low volume, it could be a sign of weak market interest, and investing in it may not be wise. Therefore, paying attention to the trading volume of Phillips 66 stock can help investors make more informed decisions about buying, selling, or holding Phillips 66 shares.

Phillips 66 Stock Splits

It is important to understand that the value of a company and the price of its Phillips 66 stock are not necessarily the same thing. Simply looking at the Phillips 66 share price does not provide a complete picture of its worth.

To truly determine whether a Phillips 66 stock is overvalued or undervalued, investors should consider the relationship between its price-to-earnings ratio and net assets. Additionally, while some companies may artificially inflate their Phillips 66 stock prices by avoiding stock splits, this does not necessarily reflect the true underlying value of the company. Therefore, it is important not to base investment decisions solely on Phillips 66 stock pricing.

Phillips 66 Dividends Explained

Phillips 66 offers its shareholders a portion of the company's earnings, known as Phillips 66 dividends. Investing in Phillips 66 dividend stocks means investing in companies that pay regular dividends over time, providing a consistent source of passive income that can be beneficial during retirement.

However, Phillips 66 investors should not solely rely on a company's dividend payments to make Phillips 66 investment decisions. Sometimes companies may increase their dividend payouts to attract more Phillips 66 investors, even when the company's financial stability is in question. Therefore, it's crucial to consider the financial health of Phillips 66, including factors such as earnings, assets, and liabilities, when making Phillips 66 investment decisions.

Phillips 66 Stock Value Vs Phillips 66 Stock Price

The difference between the value and price of Phillips 66 stock is significant and crucial to understand. The price of a stock is simply the current market value at which it trades between a buyer and a seller. However, the intrinsic value of Phillips 66 is the actual worth of the company in dollars, which is often determined by factors such as its assets, liabilities, earnings, and growth prospects.

While Phillips 66 price is essential for traders looking to buy and sell PSX, the value of Phillips 66 is more critical for investors who seek to hold onto the stock for an extended period. Understanding the intrinsic value of PSX helps investors determine whether it is overvalued, undervalued, or fairly valued. A high stock price may not necessarily mean that Phillips 66 is an excellent investment if its underlying fundamentals do not justify the price.

How Many Phillips 66 Stocks Should I Own

While there is no definitive answer to how many Phillips 66 stocks an investor should own, diversification is crucial in minimizing risk. Diversifying your portfolio across various asset classes, sectors, and regions can help mitigate losses due to fluctuations in Phillips 66 stock prices and optimize returns. The number of Phillips 66 stocks to hold in a portfolio will vary depending on individual preferences, investment objectives, and risk tolerance levels. A general rule of thumb is to own at least 20 to 30 stocks across diverse sectors and industries to ensure adequate diversification, which may or may not include Phillips 66 stock. However, the specific number may differ based on the Phillips 66 investor's financial situation and investment strategy.

Selling Phillips 66 Stocks & Shares

When to sell Phillips 66 stocks are just as important as when to buy them. While some investors opt for a "buy high, sell low" approach by selling when the market falls, savvy Phillips 66 investors have a personalized plan based on their financial goals. It's important not to panic during market downturns such as Phillips 66 corrections or crashes. These events are usually temporary, and historical trends suggest that the market may eventually recover. Instead of selling your Phillips 66 assets, it's often wise to ride out the downturn and wait for them to increase over the long term.

Phillips 66 Stock For Retirement

Stock market investments have historically provided much higher returns than savings accounts, making them the favoured method for increasing your retirement savings. Some stocks are more volatile than others, so if you want to buy a specific stock like Phillips 66 as part of your retirement portfolio, you must research its long-term volatility. Stocks can provide tax-advantaged growth for your investment funds, but you can choose whether you want a tax cut now or later. Investing in any stock like Phillips 66 as a retirement strategy in a long-term investment strategy. At least over 10 years.

Phillips 66 Stock Order Types

To become an informed investor in Phillips 66 stocks, understanding the different types of stock orders and their appropriate usage is crucial. Here are the primary Phillips 66 stock orders you should know before buying or selling on live financial markets.

Phillips 66 Stock Market order

A Phillips 66 market order instructs the broker to purchase or sell a stock at the current best price available on the market. This order guarantees execution almost immediately but doesn't guarantee a specific price. It is the most efficient order type for executing Phillips 66 trades when speed is the main priority.

Advantages of a Phillips 66 Market Order

The most significant benefit of a Phillips 66 market order is its ability to let an investor enter the market at any time without waiting for order fulfilment. This order has a high chance of being executed as long as buyers and sellers are in the market. It is an effective way to make fast trades.

Disadvantages of a Phillips 66 Market Order

The biggest drawback of a Phillips 66 market order is that it cannot specify the stock's price. If the stock price moves too fast, the trade could be executed at a price far from the intended amount. High volatility or low liquidity of Phillips 66 stock can affect the order's outcome.

Phillips 66 Stock Limit order

Phillips 66 Limit Orders: What You Need to Know

Limit orders traders use to buy or sell a stock at a specific price or better. For example, a Phillips 66 stock buy limit order executes only lower than or at the set Phillips 66 order price. The Phillips 66 sell limit order executes on limit order price or above. It's important to note that a Phillips 66 limit order is not guaranteed to execute, and it will only be filled if the market reaches the trader's specified price.

A Phillips 66 stock limit order is especially useful when trading in a thinly traded market, a highly volatile market, or a market with a wide Phillips 66 bid-ask spread. In such markets, Phillips 66 stock prices can move quickly, and a limit order helps to ensure that the trader's order is executed at a specific price or better.

Advantages of a Phillips 66 Limit Order

A Phillips 66 limit order is an effective way to ensure that the trader receives the desired price for their Phillips 66 stock. It is also beneficial when the market is thinly traded or highly volatile and the Phillips 66 bid-ask spread is wide. The order helps traders wait for their desired price and execute the trade on their terms.

Disadvantages of a Phillips 66 Limit Order

The biggest disadvantage of a Phillips 66 limit order is that the order may not execute. Limit orders may not execute if the Phillips 66 stock never reaches the set limit price or if insufficient demand or supply exists to fill the order. It is more likely to occur for small and illiquid stocks than Phillips 66 stock.

Phillips 66 Stock Stop Order

Phillips 66 Stop Orders: Minimizing Risk in the Stock Market

Phillips 66 stop orders, also known as stop-loss orders, are instructions given to brokers to purchase or sell Phillips 66 stock once the Phillips 66 price is at a specific threshold. The stop order changes to a live Phillips 66 market order, and the trade is executed.

Advantages of a Phillips 66 Stop Order

The main advantage of using a stop order when purchasing or selling Phillips 66 stock is that it provides you with the ability to enter or exit your Phillips 66 stock trades at a future stop price which you can set. The primary benefit of a stop-limit order on your Phillips 66 stock is that you can control the price at which the PSX order can be executed. Investors should use a stop order to limit a loss on their Phillips 66 stock or to protect a profit that they have sold short.

Disadvantages of a Phillips 66 Stop Order

One of the most significant disadvantages of a Phillips 66 stop order is that it does not guarantee the trade will be executed at the stop price. When the Phillips 66 stop price is reached, the stop order becomes a market order, meaning the trade is executed at the current Phillips 66 market price. The trade may be executed at a price significantly different from the Phillips 66 stop price. Another disadvantage of stop orders is that they can be triggered by short-term market fluctuations or temporary Phillips 66 price movements, resulting in an unnecessary trade execution and a potential loss for the Phillips 66 trader. Therefore, it is important to set Phillips 66 stop prices carefully and to monitor the market closely to avoid unnecessary trade executions.

Phillips 66 Stock Buy Or Sell Stop Order

Understanding Buy and Sell Stop Orders for Phillips 66 Stock

A buy-stop order for Phillips 66 stock is an order that is placed at a price above the current market price. Using stop orders is a technique that investors often use to limit losses or protect profits on a stock they have sold short. In simpler terms, it is an order placed by a trader to buy Phillips 66 stock at a certain price in the future.

On the other hand, a sell-stop order for Phillips 66 stock is an order placed at a price below the current market price. Traders use stop orders to minimize potential losses on a stock they own. A sell-stop order is also the price level set by a trader when they wish to sell Phillips 66 assets in the future.

Both buy and sell-stop orders are essential tools that traders use to protect their investments and limit potential losses. Understanding how they work and when to use them to make informed investment decisions is important.

Monitor Your Phillips 66 Stock Portfolio

It is crucial to periodically review your Phillips 66 investment portfolio and its performance. Once you have bought your Phillips 66 stock alongside other suitable investments, you can use stock tracking apps to follow its progress over time.

Investors can assess the performance of their Phillips 66 stock by analyzing its annual percentage return. This evaluation enables them to compare their Phillips 66 investment's growth with other investments and determine their performance over time. Additionally, investors can revisit the earlier fundamental data to analyze how the Phillips 66 stock has developed. Investors can compare their findings on Phillips 66 stocks to other stocks or benchmarks like the S&P 500 and NASDAQ Index to gain more perspective on their investment. These tools allow investors to make informed decisions and optimize their Phillips 66 stock in their investment portfolio.

Investors can gain insight into the performance of their Phillips 66 investment by analyzing various benchmarks that reflect specific industries or the market as a whole. By doing so, investors can determine how well their Phillips 66 investment performs relative to the broader market. Additionally, investors can participate in Phillips 66 annual meetings to learn about any important news or upcoming developments related to the company. This approach is especially beneficial for investors who intend to hold Phillips 66 shares for an extended period. By staying informed about the company's progress and strategy, investors can make informed decisions and adjust their Phillips 66 investment strategy accordingly.

Investors who plan to sell their Phillips 66 stock shortly after observing a price increase may utilize various position management tools to maximize their profits or minimize their losses. For example, investors can set a target price at which they aim to sell their Phillips 66 share for financial gain or employ a limit order, to manage risk with Phillips 66 stocks. Such risk management tools allow Phillips 66 investors to make informed decisions and manage their Phillips 66 positions effectively.

Below, you will find a list of Phillips 66 brokers that meet your requirements. Our team has compiled a comprehensive comparison table that summarizes all relevant Phillips 66 brokerage data to assist you in making an informed decision. This table will provide a clear overview of the options, enabling you to select the most suitable Phillips 66 broker that aligns with your investment objectives.Scroll down.

Phillips 66 Financial Details

Financial Details

Phillips 66 Stock symbol	PSX
Phillips 66 Sector and Industry	Utilities Oil & Gas
Phillips 66 Exchange	NYSE
Current Phillips 66 Stock Price (*delayed)	$110.48
Stock Open Price	$111.58
52 Week High	$113.53
52 Week Low	$74.02
Phillips 66 Market Capitalisation	50,695,097,396
Phillips 66 Average Volume	3,145,996
Phillips 66 PE	4.28
Phillips 66 EPS	25.84
Stock Currency	USD

Overview of Phillips 66

Phillips 66 is an American Utilities Oil & Gas company currently traded on the NYSE.

Phillips 66 trades under the stock symbol PSX on the NYSE.

Phillips 66 shares are exchanged in USD on the NYSE.

Phillips 66 has a current share price of $110.48 USD dated 31/01/2020.

The highest Phillips 66 share price over the last 52 weeks was $113.53 USD and its lowest price over the last 52 weeks was $74.02 USD. That is a 52 week price range of $74.02 - $113.53.

Phillips 66 Information

Phillips 66 Location & Information

Phillips 66 Employees	14,300
Year Founded	2011
Phillips 66 IPO
Phillips 66 Head Quarters	2331 Citywest Blvd, HOUSTON, TX, 77042-2862 US
Phillips 66 Industry	Utilities - Oil & Gas
Website URL	http://www.phillips66.com

Phillips 66 Executives and Board Members

CEO	Mr. Gregory Garland

Compare Brokers: Phillips 66 Shares and CFDs

Our table below lets you compare the features offered by brokers who trade Phillips 66 shares and CFDs.

Compare the Phillips 66 fees, commissions, and other essential aspects that may affect your Phillips 66 trading experience with our easy-to-use table.

Make informed decisions on your trading strategies by comparing the various brokers' platforms and features.

• Minimum deposit requirement to open an account with each Phillips 66 stock brokerage, helping you plan your initial investment.
• A comprehensive list of funding methods available with each Phillips 66 stock broker, making it easier to deposit and withdraw funds according to your preferences.
• Details on the range of trading instruments available with each Phillips 66 stock broker, including stocks, CFDs, and any other assets you can trade.
• Comparison of the trading platforms provided by each Phillips 66 stock broker, such as web-based platforms, mobile apps, and downloadable software.
• Information on the spreads offered by each Phillips 66 stock brokerage, whether they offer fixed spreads, variable spreads or both.
• An overview of the customer support channels provided by each Phillips 66 stock broker, including email, phone, live chat, and other support options.
• We provide details on the types of trading accounts offered by each Phillips 66 stock brokerage, including Micro, Standard, VIP, and Islamic accounts. Multiple account options makes choosing the account type that suits your Phillips 66 trading needs and preferences easier.