What is the ROCE (Return on Capital Employed) of Phillips 66 this year?
The ROCE of Phillips 66 is 0.27 undefined this year.
Phillips 66 ROCE 2024
Phillips 66 ROCE
0.27
Phillips 66 Dividend yield
2.92 %
Ticker
PSX
ISIN
US7185461040
WKN
A1JWQU
In 2024, Phillips 66's return on capital employed (ROCE) was 0.27, a -18.24% increase from the 0.33 ROCE 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.ROCE Details
Unraveling Phillips 66's Return on Capital Employed (ROCE)
Phillips 66's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Phillips 66's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Phillips 66's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Phillips 66’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Phillips 66 Stock
How has the ROCE (Return on Capital Employed) of Phillips 66 developed compared to the previous year?
The ROCE of Phillips 66 has increased by -18.24% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Phillips 66?
A high Return on Capital Employed (ROCE) indicates that Phillips 66 has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Phillips 66?
A low ROCE (Return on Capital Employed) can indicate that Phillips 66 has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Phillips 66 impact the company?
An increase in the ROCE of Phillips 66 can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Phillips 66 affect the company?
A decrease in ROCE of Phillips 66 can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Phillips 66?
Some factors that can affect Phillips 66's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Phillips 66 so important for investors?
The ROCE of Phillips 66 is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Phillips 66 take to improve the ROCE?
To improve the ROCE, Phillips 66 can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
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 2.92 %. 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 2.92 %.
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 3.48 %.
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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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.
