Phillips 66 (PSX) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $14.08
- Estimate
- $11.79
- Surprise
- +19.4%
- Revenue (period 2026-09-30)
- $50.54B
- Score at report (before → after)
- 6.1 → 6.3/10
Revenue source: xbrl.
How the report landed
Phillips 66 (PSX) beat the $11.79 estimate with adjusted EPS of $14.08 — a large 19.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.1/10) to Hold at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates PSX Hold at 6.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +19.4% surprise compares with a +71.3% four-quarter average.
What supports the rating
- Sector modifier (Energy): +1.2
- Strong earnings beat streak (4/4)
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.7)
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $273.76
- Stop
- $254.60
At 8.8× trailing and 9.0× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
PSX at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Refining & Marketing
- Market cap
- $109.24B
- P/E (fwd)
- 9.0
- P/E (ttm)
- 8.8
- 52-week range
- $127.16–$299.39
- Off 52-week high
- 8.6%
- RSI (14)
- 45
- Volume vs avg
- 1.31×
- Score today
- 6.3/10