Today, the VP & Controller of Phillips 66, Chukwuemeka Oyolu , exercised options of Phillips 66 (NYSE: PSX) for $828K.
Following Chukwuemeka Oyolu’s last PSX Sell transaction on December 18, 2017, the stock climbed by 22.6%.
See today’s analyst top recommended stocks >>
Based on Phillips 66’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $23.59 billion and quarterly net profit of $522 million. In comparison, last year the company earned revenue of $19.79 billion and had a net profit of $534 million. PSX’s market cap is $56.77B and the company has a P/E ratio of 12.20. Currently, Phillips 66 has an average volume of 1.31M.
One of the top 25 analysts, according to TipRanks.com, recently recommended Buy PSX with a $116 price target. Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $111.00, reflecting a 9.2% upside. Three different firms, including Barclays and Goldman Sachs, currently also have a Sell rating on the stock.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Phillips 66 engages in the processing, transportation, storage, and marketing of fuels and other related products. The company operates through the following segments: Midstream, Chemicals, Refining and Marketing & Specialties.
