What is the level of liabilities of Phillips 66 this year?
Phillips 66 has a debt balance of 44.92 B USD this year.
Phillips 66 Liabilities 2024
Phillips 66 Liabilities
44.92 B USD
Phillips 66 Dividend yield
2.86 %
Ticker
PSX
ISIN
US7185461040
WKN
A1JWQU
In 2024, Phillips 66's total liabilities amounted to 44.92 B USD, a -4.32% difference from the 46.95 B USD total liabilities in the previous year.
Phillips 66 Aktienanalyse
What does Phillips 66 do?
Phillips 66 is an American company specializing in the production of fuel, lubricants, and other petrochemical products. It has a long history dating back to 1917 when the Marland Oil Company was founded. The company grew rapidly and expanded in the 1930s through the construction of refineries. In 1955, Marland Oil Company merged with Phillips Petroleum Company to form the current Phillips 66. Today, Phillips 66 is one of the largest and most successful companies in the oil and gas industry, with its headquarters in Houston, Texas, and nearly 14,000 employees worldwide. The company's business model focuses on processing crude oil and gas from natural gas fields. It operates several refineries in the US, Europe, and Asia to produce gasoline, kerosene, diesel, and other petrochemical products from crude oil. Phillips 66 is also involved in the production of lubricants and other petrochemical products. The company is divided into four main segments: Refining, Marketing and Logistics, Chemicals, and Midstream. These segments complement each other and contribute to the company's success. The Refining segment includes the production of fuels such as gasoline, diesel, and jet fuel, as well as other petrochemical products. Phillips 66's refineries operate in the US, Europe, and Asia and process millions of barrels of crude oil daily. The Marketing and Logistics segment handles the marketing of Phillips 66 products. The company operates over 7,500 gas stations and supplies customers in the aviation, shipping, and transportation industries. Phillips 66 is also involved in the storage, transportation, and distribution of petrochemical products. The Chemicals segment includes the production of chemicals and plastic products from crude oil. Phillips 66's products are used in various industries, including the automotive, electronics, and packaging industries. The Midstream segment refers to the supply chain of crude oil and natural gas. Phillips 66 owns and operates pipelines, loading terminals, and oil ports in the US, Europe, and Asia. The company also provides services to remove sulfur from crude oil to meet emissions standards. Phillips 66's product range is diverse and includes fuels such as gasoline, diesel, jet fuel, and lubricants. The company also produces petrochemical products such as rubber, plastic, resin, and other specialty products. In the renewable energy sector, Phillips 66 has invested in some projects to reduce its CO2 emissions. The company is involved in the development of biofuels and has also partnered with a company to produce renewable natural gas in the US. Overall, Phillips 66 is a company with a long history and a wide range of products and services. It has successfully specialized in processing crude oil and gas from natural gas fields and operates successfully in various business areas. Phillips 66's commitment to renewable energy is another example of the company's ability to respond to industry challenges. Phillips 66 ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing Phillips 66's Liabilities
Phillips 66's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Phillips 66's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Phillips 66's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Phillips 66's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Phillips 66’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Phillips 66 Stock
What were the liabilities of Phillips 66 compared to the previous year?
The liabilities of Phillips 66 have increased by -4.32% dropped compared to the previous year.
What are the consequences of high debt for investors of Phillips 66?
High liabilities can pose a risk for investors of Phillips 66, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Phillips 66?
Low liabilities mean that Phillips 66 has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Phillips 66 affect the company?
An increase in liabilities of Phillips 66 can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Phillips 66 affect the company?
A decrease in the liabilities of Phillips 66 can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Phillips 66?
Some factors that can influence the liabilities of Phillips 66 include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Phillips 66 so important for investors?
The liabilities of Phillips 66 are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Phillips 66 take to modify the liabilities?
To change its liabilities, Phillips 66 can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does Phillips 66 pay?
Over the past 12 months, Phillips 66 paid a dividend of 4.2 USD . This corresponds to a dividend yield of about 2.86 %. For the coming 12 months, Phillips 66 is expected to pay a dividend of 5 USD.
What is the dividend yield of Phillips 66?
The current dividend yield of Phillips 66 is 2.86 %.
When does Phillips 66 pay dividends?
Phillips 66 pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of Phillips 66?
Phillips 66 paid dividends every year for the past 17 years.
What is the dividend of Phillips 66?
For the upcoming 12 months, dividends amounting to 5 USD are expected. This corresponds to a dividend yield of 3.4 %.
In which sector is Phillips 66 located?
Phillips 66 is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Phillips 66 kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Phillips 66 from 6/3/2024 amounting to 1.15 USD, you needed to have the stock in your portfolio before the ex-date on 5/17/2024.
When did Phillips 66 pay the last dividend?
The last dividend was paid out on 6/3/2024.
What was the dividend of Phillips 66 in the year 2023?
In the year 2023, Phillips 66 distributed 3.83 USD as dividends.
In which currency does Phillips 66 pay out the dividend?
The dividends of Phillips 66 are distributed in USD.
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Andere Kennzahlen von Phillips 66
Our stock analysis for Phillips 66 Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Phillips 66 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
