Phillips 66 to announce second-quarter 2026 results on Aug. 5

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Key Highlights

Phillips 66 will release its second-quarter 2026 financial results on Aug. 5, 2026, followed by a management webcast at noon ET. Access details for the live event and subsequent replay are available on the company's investor website.

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Phillips 66 will release its second-quarter 2026 financial results on Wednesday, Aug. 5, 2026. Executive management will host a webcast at noon ET on the same day to discuss the company's performance during the quarter. The announcement provides investors with an opportunity to assess the downstream energy provider's operational and financial progress.

Webcast details

The webcast will be accessible through the Events and Presentations section of the Phillips 66 Investors site at phillips66.com/investors. Following the live event, a replay of the webcast and a transcript will be made available on the same page for those unable to attend the live session.

About Phillips 66

Phillips 66 is a leading integrated downstream energy provider that manufactures, transports, and markets products driving the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Texas, Phillips 66 employs a global workforce committed to safely and reliably providing energy while pursuing a lower-carbon future.

How might Phillips 66's renewable fuels segment contribute to overall profitability by Q2 2026?

What impact could global economic conditions have on Phillips 66's refining margins in 2026?

Will Phillips 66 announce any new strategic investments or partnerships during the Q2 2026 earnings call?

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Morgan Stanley raises Phillips 66 target to $196

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Reviewed by
Radhika SScanX News Team
Key Highlights

Morgan Stanley analyst Erin Wright maintained an Overweight rating on Phillips 66 and raised the price target to $196 from $180.

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Morgan Stanley analyst Erin Wright has maintained an Overweight rating on Phillips 66 and raised the price target to $196 from $180. The revised target reflects increased confidence in the company's performance potential.

Rating and Price Action

The firm continues to endorse the stock with an Overweight designation, signaling expectations for the shares to outperform the broader market. The adjustment in the price objective represents a significant upward revision from the previous $180 level.

Key Details

Metric Value
Rating Overweight
Previous Price Target $180
New Price Target $196

What specific factors drove Morgan Stanley's increased confidence in Phillips 66's performance?

How might Phillips 66's sector peers react to this price target increase?

What are the potential risks that could prevent Phillips 66 from reaching the new $196 target?

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