Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels. This segment also manufactures and markets specialty products, such as base oils and lubricants. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.

Компания Phillips 66 демонстрирует смешанную картину по фундаментальным метрикам. С одной стороны, мультипликатор P/E на уровне 39.92 значительно превышает медиану отрасли, что указывает на возможную переоцененность. С другой стороны, мультипликаторы P/S и P/B значительно ниже медианных значений, что может свидетельствовать о недооцененности по этим параметрам. Уровень долга компании относительно капитала (debt-equity ratio) высок, что создает дополнительные риски. Динамика рентабельности (ROE, ROA) также не радует, показывая ухудшение по сравнению с конкурентами. Хотя выручка и чистая прибыль превышают медианные значения, низкие операционные и чистые маржи указывают на проблемы с эффективностью. Дивиденды показывают стабильный уровень доходности, однако их рост незначителен. В общем, сильные стороны компании компенсируются её слабостями, что требует осторожного подхода к оценке её будущих перспектив.

Phillips 66

Phillips 66 (PSX) closed the most recent trading day at $174.09, moving +2.71% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 1.52%. Elsewhere, the Dow saw a downswing of 1.56%, while the tech-heavy Nasdaq depreciated by 1.78%.
Heading into today, shares of the oil refiner had gained 4.95% over the past month, lagging the Oils-Energy sector's gain of 5.1% and outpacing the S&P 500's loss of 2.25%.
Market participants will be closely following the financial results of Phillips 66 in its upcoming release. The company is forecasted to report an EPS of $2.07, showcasing a 330% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $28.73 billion, down 9.44% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $11.56 per share and a revenue of $123.45 billion, representing changes of +79.5% and -9.6%, respectively, from the prior year.
Any recent changes to analyst estimates for Phillips 66 should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 2.49% upward. Currently, Phillips 66 is carrying a Zacks Rank of #3 (Hold).
With respect to valuation, Phillips 66 is currently being traded at a Forward P/E ratio of 14.66. This valuation marks a discount compared to its industry average Forward P/E of 15.77.
Investors should also note that PSX has a PEG ratio of 0.59 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. PSX's industry had an average PEG ratio of 2.7 as of yesterday's close.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 159, positioning it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Phillips 66 (PSX) Rises As Market Takes a Dip: Key Facts

The S&P 500 Index ($SPX) (SPY) on Thursday closed down -1.52%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.73%. March E-mini S&P futures (ESH26) fell -1.49%, and March E-mini Nasdaq futures (NQH26) fell -1.75%.
Stocks fell sharply on Thursday as a surge in crude oil prices stoked fears that the war against Iran would crimp global fuel supplies and boost inflation. WTI crude oil prices soared more than +9% on Thursday amid widening disruptions to crude production and transport in the Middle East.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks extended their losses on Thursday, and crude prices added to their gains on comments from Iran’s Supreme Leader Ayatollah Mojtaba Khamenei, who said that Iran’s leverage of closing the Strait of Hormuz should be used, and attacks on Gulf Arab neighbors will continue. He added that Iran will open unspecified “other fronts” in the war if the US and Israel persist with their attacks. Also, comments from President Trump gave crude prices a boost when he said that preventing Iran from having nuclear weapons is "of far greater interest and importance" to him than the cost of oil, a sign that the war in the Middle East isn't close to a de-escalation.
Credit concerns weighed on bank stocks and asset managers on Thursday after Morgan Stanley and Cliffwater LLC capped withdrawals from their private credit funds amid investor demand to redeem more than the funds allow. Private credit funds are grappling with a wave of redemption requests amid growing concerns over the quality of their loans. BlackRock last week decided to limit withdrawals, a move that other asset managers have since followed.
Crude oil prices rallied sharply on Thursday despite the IEA members' decision on Wednesday to release 400 million barrels from emergency oil stockpiles. The IEA said the war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd this month. The closure of the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas flows, has choked off oil and gas flows due to Iran’s attacks on shipping in the waterway and forced Gulf producers to cut output because they can’t export from the region. UK Defense Secretary Healey said Thursday that it is increasingly evident that Iran is laying mines in the Strait of Hormuz, which could keep the strait closed for the foreseeable future.
Iran’s President Masoud Pezeshkian said his country would need “firm international guarantees against future aggression” to accept a ceasefire as well as reparations. However, comments from President Trump late Wednesday suggest the conflict could continue for weeks when he said that it would be unwise for the US to wind down hostilities too soon.
US economic news on Thursday was mixed for stocks after weekly jobless claims rose less than expected, a sign of labor market strength. Also, Jan housing starts unexpectedly rose to an 11-month high, but Jan building permits fell to a 5-month low.
US weekly initial unemployment claims fell -1,000 to 213,000, showing a stronger labor market than expectations of an increase to 215,000.
US Jan housing starts unexpectedly rose +7.2% m/m to an 11-month high of 1.487 million, stronger than expectations of a decline to 1.341 million. Jan building permits, a proxy for future construction, fell -5.4% m/m to a 5-month low of 1.376 million, weaker than expectations of 1.410 million.
The US Jan trade deficit shrank to -$54.5 billion, narrower than expectations of -$66.0 billion.
Q4 earnings season is nearly over, with more than 98% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 495 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 0% chance for a -25 bp FOMC rate cut at the next policy meeting on March 17-18.
Overseas stock markets settled lower on Thursday. The Euro Stoxx 50 closed down -0.79%. China's Shanghai Composite fell from a 1-week high and closed down -0.10%. Japan's Nikkei Stock 225 closed down -1.04%.
Interest Rates
June 10-year T-notes (ZNM6) on Thursday closed down by -18.5 ticks. The 10-year T-note yield rose +3.9 bp to 4.269%. June T-notes fell to a 5-week low on Thursday, and the 10-year T-note yield climbed to a 5-week high of 4.275%. Thursday’s +9% rally in oil prices raised inflation expectations and undercut T-note prices. Also, concerns that the cost of the ongoing war against Iran will boost the US budget deficit are bearish for T-notes. On the positive side for T-notes on Thursday was strong demand for the Treasury’s $22 billion auction of 30-year T-bonds that had a bid-to-cover ratio of 2.45, above the 10-auction average of 2.39.
European government bond yields moved higher on Thursday. The 10-year German bund yield rose to a 2.25-year high of 2.962% and finished up +2.5 bp to 2.957%. The 10-year UK gilt yield climbed to a 6.25-month high of 4.800% and finished up +8.7 bp to 4.773%.
The European Union's economy chief, Valdis Dombrovskis, said the inflation rate could surpass 3% this year, and GDP in the Eurozone could be as much as -0.4 points lower if the war in the Middle East causes crude oil prices to remain around $100 per barrel and gas prices stay elevated for an extended period.
Swaps are discounting a 3% chance of a -25 bp ECB rate hike at its next policy meeting on March 19.
US Stock Movers
Airline stocks and cruise line operators sold off on Thursday amid a 9% surge in crude oil prices, which are boosting companies’ fuel costs and threatening earnings. Carnival (CCL) and Southwest Airlines (LUV) closed down more than -7%, and Alaska Air Group (ALK) and Royal Caribbean Cruises (RCL) closed down more than -6%. Also, United Airlines Holdings (UAL), Norwegian Cruise Line Holdings (NCLH), and American Airlines Group (AAL) closed down more than -4%. In addition, Delta Airlines (DAL) closed down more than -2%.
Chip stocks retreated on Thursday, weighing on the broader market. Intel (INTC) closed down more than -5%, and Lam Research (LRCX), ARM Holdings Plc (ARM), Microchip Technology (MCHP), and Texas Instruments (TXN) closed down more than -4%. Also, Applied Materials (AMAT), KLA Corp (KLAC), Analog Devices (ADI), Advanced Micro Devices (AMD), Micron Technology (MU), and Marvell Technology (MRVL) closed down more than -3%.
Credit concerns weighed on bank stocks and asset managers on Thursday after Morgan Stanley and Cliffwater LLC capped withdrawals from their private credit funds amid investor demand to redeem more than the funds allow. Ares Management (ARES) closed down more than -6%, and
Goldman Sachs (GS) closed down more than -4% to lead losers in the Dow Jones Industrials. Also, Morgan Stanley (MS), KKR & Co (KKR), and Citigroup (C) closed down more than -3%.
The Magnificent Seven technology stocks fell on Thursday, pressuring the broader market. Tesla (TSLA) closed down more than -3%, and Meta Platforms (META) closed down more than -2%. Also, Alphabet (GOOGL), Apple (AAPL), Amazon.com (AMZN), and Nvidia (NVDA) closed down more than -1%, and Microsoft (MSFT) closed down -0.73%.
Fertilizer stocks rallied on Thursday amid supply disruptions from the closure of the Strait of Hormuz. CF Industries Holdings (CF) closed up more than +13% to lead gainers in the S&P 500. Also, Intrepid Potash (IPI) closed up more than +10%, and Mosaic (MOS) closed up more than +7%.
Energy producers and service providers rose on Thursday after crude prices jumped more than +9%. ConocoPhillips (COP), Chevron (CVX), Phillips 66 (PSX), and Valero Energy (VLO) closed up more than -2%. Also, APA Corp (APA), Devon Energy (DVN), Exxon Mobil (XOM), and Marathon Petroleum (MPC) closed up more than +1%.
Netskope (NTSK) closed down more than -21% after forecasting a Q1 adjusted net loss per share of -6 cents to -7 cents, wider than Q4’s -4 cent EPS loss.
G-III Apparel Group Ltd (GIII) closed down more than -11% after reporting Q4 net sales of $771.5 million, below the consensus of $791.8 million.
UiPath (PATH) closed down more than -7% after reporting Q4 subscription revenue of $251.2 million, below the consensus of $252.1 million.
Dollar General (DG) closed down more than -6% after giving an underwhelming 2027 comparable sales forecast of up +2.2% to +2.7%, the midpoint right on the consensus of +2.45%.
GlobalFoundries (GFS) closed down more than -5% after a subsidiary of Mubadala Investment Co. was said to sell as much as $852 million of its stake in the stock overnight at $41.60 to $42.60 per share.
MercadoLibre (MELI) closed down more than -4% after JPMorgan Chase downgraded the stock to neutral from overweight.
LyondellBasell Industries NV (LYB) closed up more than +10% after Citigroup upgraded the stock to buy from neutral with a price target of $76.
Dow Inc. (DOW) closed up more than +9% after Citigroup upgraded the stock to buy from neutral with a price target of $40.
Occidental Petroleum (OXY) closed up more than +5% after Wells Fargo Securities double upgraded the stock to overweight from underweight with a price target of $69.
Earnings Reports(3/13/2026)
4D Molecular Therapeutics Inc (FDMT), Actuate Therapeutics Inc (ACTU), AirSculpt Technologies Inc (AIRS), AlTi Global Inc (ALTI), American Vanguard Corp (AVD), Avidity Biosciences Inc (RNAM), Better Home & Finance Holding (BETR), Bit Digital Inc (BTBT), Blue Foundry Bancorp (BLFY), Buckle Inc/The (BKE), CapsoVision Inc (CV), Citizens Inc/TX (CIA), Emerald Holding Inc (EEX), Eve Holding Inc (EVEX), GoHealth Inc (GOCO), Gossamer Bio Inc (GOSS), John Marshall Bancorp Inc (JMSB), LENSAR Inc (LNSR), MeiraGTx Holdings plc (MGTX), NET Lease Office Properties (NLOP), Perma-Fix Environmental Services (PESI), Value Line Inc (VALU), Waldencast plc (WALD).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Slump on Iran War and Credit Woes

Phillips 66 (PSX) closed at $113.93 in the latest trading session, marking a +1.73% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.43%. Elsewhere, the Dow saw a downswing of 0.07%, while the tech-heavy Nasdaq depreciated by 0.9%.
Heading into today, shares of the oil refiner had lost 17.91% over the past month, lagging the Oils-Energy sector's loss of 8.37% and the S&P 500's loss of 1.98% in that time.
Analysts and investors alike will be keeping a close eye on the performance of Phillips 66 in its upcoming earnings disclosure. On that day, Phillips 66 is projected to report earnings of $0.82 per share, which would represent a year-over-year decline of 73.46%. In the meantime, our current consensus estimate forecasts the revenue to be $32.22 billion, indicating a 16.82% decline compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $7.39 per share and a revenue of $143.73 billion, representing changes of -53.26% and -4.11%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Phillips 66. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 3.44% lower. Phillips 66 is currently a Zacks Rank #4 (Sell).
In terms of valuation, Phillips 66 is presently being traded at a Forward P/E ratio of 15.15. Its industry sports an average Forward P/E of 14.45, so one might conclude that Phillips 66 is trading at a premium comparatively.
Investors should also note that PSX has a PEG ratio of 3.79 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Oil and Gas - Refining and Marketing industry had an average PEG ratio of 2.26 as trading concluded yesterday.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 207, which puts it in the bottom 18% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow PSX in the coming trading sessions, be sure to utilize Zacks.com.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Phillips 66 (PSX) Increases Despite Market Slip: Here's What You Need to Know

The energy sector has remained a safe-haven as the U.S and Israel’s conflict with Iran continues to escalate. Geopolitical tensions in the Middle East have led to broader market volatility, with crude oil prices rising because the Iran conflict has created a sudden and significant risk of supply disruption, especially around the Strait of Hormuz, the world’s most critical oil chokepoint.
Even though Iran produces only a modest share of global crude, its geographic position gives it enormous leverage over global flows.
Keeping this in mind, the energy sector is the top-performing sector this year, boosted by a nearly 30% surge in crude prices amid disruptions in the Middle East. Notably, the performance of the broader Zacks Oils & Energy Market is not too far behind, impressively outperforming the S&P 500’s virtually flat YTD return and the Nasdaq’s decline of 3%.
Image Source: Yahoo Finance
Big Oil Stocks are at 52-week Highs
Energy stocks with the strongest upside from the Iran conflict are those most leveraged to crude oil price spikes and potential supply disruptions through the Strait of Hormuz. The conflict has already pushed Brent and WTI crude prices to multi-month highs of over $70 a barrel, and investors have rotated heavily into large-cap integrated oil companies, U.S. shale producers, and refiners.
It’s no surprise that Chevron CVX and Exxon Mobil XOM have led the wave of integrated oil stocks reaching 52-week highs, having international operations that span the entire value chain of oil production, refining, and distribution. Occidental Petroleum OXY is another integrated oil producer that has recently seen its stock hit a new one-year peak and trades at a more affordable price tag of $53 a share, although its shale production is primarily in the U.S.
Regarding oil refiners, Marathon Petroleum MPC, Phillips 66 PSX , and Valero Energy VLO are noteworthy names that are near 52-week peaks as well.
All of these big oil stocks currently land a Zacks Rank #3 (Hold), with it noteworthy that Chevron and Phillips 66 stand out with annual dividend yields that are above 3%.
Image Source: Zacks Investment Research
A Zacks Rank #1 (Strong Buy) Stock to Consider
Sporting a Zacks Rank #1 (Strong Buy), TechnipFMC FTI looks poised to benefit from the oil disruption in the Middle East as a leading manufacturer and supplier of products, services, and fully integrated technology solutions for the energy sector.
The company benefits when oil companies increase capital spending on offshore and subsea projects, which typically happens when oil prices rise. TechnipFMC is diversified globally but is less exposed to direct Middle East operational risk. Ultimately, higher long-term oil prices generally support more subsea investment, which is TechnipFMC’s core business.
TechnipFMC stock is trading near a 52-week high of $68 but is still reasonably valued at 24X forward earnings, with EPS expected to rise 14% this year and projected to leap another 19% in fiscal 2027 to $3.34. Plus, EPS revisions have continued to trend higher in the last 30 days, as shown below.
Image Source: Zacks Investment Research
Bottom Line & What to Watch Next
Investors may be gravitating toward the energy sector as a temporary hideout because it offers a combination of defensive characteristics, strong fundamentals, and geopolitical tailwinds that stand out in a volatile market environment. Several forces are pushing capital into energy right now, and together they make the sector feel comparatively safer than high-beta or richly valued areas of the market.
That said, here are five key points that investors will want to watch going forward.
1. Whether tanker traffic through the Strait of Hormuz slows further
2. OPEC+ production responses
3. Duration and escalation of the conflict
4. U.S. SPR (Strategic Petroleum Reserve) policy changes
5. Production and refining margins if crude volatility persists
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Hideout in the Energy Sector? Here are the Top Oil Stocks to Watch

The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.04%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.13%. March E-mini S&P futures (ESH26) fell -0.01%, and March E-mini Nasdaq futures (NQH26) rose +0.08%.
Stock indexes settled mixed on Monday, with the Dow Jones Industrial Average falling to a 2-month low, and the S&P 500 and Nasdaq 100 recovering from 1.5-week lows.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks recovered from early losses on Monday on dip buying and after the Feb ISM manufacturing index expanded more than expected. Also, the war in Iran sparked rallies in defense stocks and energy producers on Monday, lifting the broader market.
Stocks initially moved lower on Monday after the US and Israel launched joint military attacks on Iran. President Trump said that combat operations could last for weeks until all objectives were completed. President Trump has called for Iran’s leaders to capitulate, but Iran’s security chief said that it has no intention of negotiating with the US.
The war in Iran has prompted risk-off sentiment in asset markets and spurred safe-haven demand for precious metals, with gold prices climbing to 1-month highs. Bond yields initially fell on news of a war with Iran amid safe-haven demand, but have since risen sharply, with the 10-year T-note yield up +11 bp to 4.05% amid concern that high oil prices will stoke faster inflation.
WTI crude oil soared more than +6% to an 8.25-month high on Monday as tanker traffic through the Strait of Hormuz, which runs along Iran's coast and handles a fifth of the world's oil, has largely halted after Iran attacked three oil tankers. Iran pumps about 3.3 million bpd, or about 3% of global output, but it is strategically important given its location along the Strait of Hormuz. Goldman Sachs estimates the real-time risk premium for crude oil at $18/bbl, corresponding to its estimate of the impact of a six-week full halt to tanker traffic in the Strait of Hormuz.
The US Feb ISM manufacturing index fell -0.2 to 52.4, stronger than expectations of 51.5. The Feb ISM prices paid sub-index rose +11.5 to a 3.5-year high of 70.5, stronger than expectations of 60.0.
This week's market focus will be on US-Iran war news, corporate earnings, and economic news. On Wednesday, the Feb ADP employment change is expected to increase by +40,000. Also, the Feb ISM services index is expected to slip by -0.3 to 53.5. In addition, the Fed releases its Beige Book. On Thursday, weekly initial unemployment claims are expected to increase by +3,000 to 215,000. Also, Q4 nonfarm productivity is expected to be up +1.8%, and Q4 unit labor costs are expected to be up +2.0%. On Friday, Feb nonfarm payrolls are expected to increase by +60,000, and the Feb unemployment rate is expected to remain unchanged at 4.3%. Also, Feb average hourly earnings are expected to increase by +0.3% m/m and +3.7% y/y. In addition, Feb retail sales are expected to fall -0.3% m/m and Feb retail sales ex-autos are expected to remain unchanged m/m.
Q4 earnings season is nearing its end, with more than 90% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 73% of the 481 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 2% chance for a -25 bp rate cut at the next policy meeting on March 17-18.
Overseas stock markets settled mixed on Monday. The Euro Stoxx 50 fell to a 1.5-week low and closed down -2.47%. China’s Shanghai Composite climbed to a 1.5-month high and closed up +0.47%. Japan’s Nikkei Stock 225 closed down -1.35%.
Interest Rates
June 10-year T-notes (ZNM6) on Monday closed down by -23.5 ticks. The 10-year T-note yield rose +10.6 bp to 4.046%. June T-notes fell from a contract high and turned lower on Monday, and the 10-year T-note yield rebounded from an 11.75-month low of 3.922% and moved sharply higher. T-notes initially rallied on Monday on increased safe-haven demand as stock index futures sold off after the US attacked Iran. However, T-notes gave up their gains and turned lower after WTI crude oil soared to an 8.25-month high, which raised inflation expectations, as the 10-year breakeven inflation rate rose to a 1-week high of 2.300%. Losses in T-notes accelerated on Monday after the Feb ISM prices paid sub-index jumped to a 3.5-year high, signaling sticky price pressures.
European government bond yields moved higher on Monday. The 10-year German bund yield rose +6.9 bp to 2.712%. The 10-year UK gilt yield climbed to a 1-week high of 4.383% and finished up +14.1 bp to 4.374%.
German Jan retail sales fell -0.9% m/m, weaker than expectations of unchanged m/m and the biggest decline in 19 months.
Swaps are discounting a 1% chance of a -25 bp rate cut by the ECB at its next policy meeting on March 19.
US Stock Movers
Defense stocks moved higher on Monday as the war in Iran boosts their earnings prospects. Northrop Grumman (NOC) closed up more th +5%, and RTX Corp (RTX) closed up more than +4%. Also, Lockheed Martin (LMT) and L3Harris Technologies (LHX) closed up more than +3%. In addition, Huntington Ingalls Industries (HII) and General Dynamics (GD) closed up more than +2%.
Energy producers and energy service providers rallied on Monday as WTI crude (CLJ26) rose more than +6% to an 8.25-month high. Marathon Petroleum (MPC) and Valero Energy (VLO) closed up more than +5%, and APA Corp (APA) and ConocoPhillips (COP) closed up more than +4%. Also, Devon Energy (DVN) and Phillips 66 (PSX) closed up more than +3%, and Diamondback Energy (FANG) and Occidental Petroleum (OXY) closed up more than +2%. In addition, Chevron (CVX) and Exxon Mobil (XOM) closed up more than +1%.
Cryptocurrency-exposed stocks rallied on Monday after Bitcoin (^BTCUSD) rose more than +5%. Strategy (MSTR) closed up more than +6% to lead gainers in the Nasdaq 100. Also, MARA Holdings (MARA) closed up more than +6%, and Galaxy Digital Holdings (GLXY) and Coinbase Global (COIN) closed up more than +5%. In addition, Riot Platforms (RIOT) closed up +0.86%.
Chipmakers and AI-infrastructure stocks sold off on Monday, a negative factor for the overall market. Seagate Technology Holdings Plc (STX) closed down more than -6% to lead losers in the Nasdaq 100, and Western Digital (WDC) closed down more than -3%. Also, ASML Holding NV (ASML) and ARM Holdings Plc (ARM) closed down more than -2%, and Lam Research (LRCX), Marvell Technology (MRVL), NXP Semiconductors NV (NXPI), Advanced Micro Devices (AMD), Qualcomm (QCOM), and Texas Instruments (TXN) closed down more than -1%.
Airline stocks were under pressure Monday as crude oil prices surged by more than +6% to an 8.25-month high, which will boost jet fuel prices and potentially cut into airlines’ profits. American Airlines Group (AAL) closed down more than -4%, and United Airlines Holdings (UAL) closed down more than -3%. Also, Delta Air Lines (DAL) and Southwest Airlines (LUV) closed down more than -2%.
Cruise line operators slid on Monday, led by a -10% decline in Norwegian Cruise Line Holdings (NCLH) after forecasting full-year EPS of $2.38, weaker than the consensus of $2.59. Also, Carnival (CCL) closed down more than -6%, Viking Holdings Ltd (VIK) closed down more than -4%, and Royal Caribbean Cruises Ltd (RCL) closed down more than -2%.
Homebuilders retreated on Monday after the 10-year T-note yield rose more than +11 bp, which will push mortgage rates higher and may curb home sales prospects. KB Home (KBH), Lennar (LEN), and DR Horton (DHI) closed down more than -3%. Also, PulteGroup (PHM) closed down more than 2%, and Toll Brothers (TOL) closed down more than -1%.
UniQure (QURE) closed down more than -32% after US regulators said the company should conduct a pivotal study before getting approval for its gene therapy for Huntington’s disease.
AES Corp (AES) closed down more than -17% to lead losers in the S&P 500 after agreeing to be acquired by a consortium led by Global Infrastructure Partners and EQT for $15 per share in cash.
Elevance Health (ELV) closed down more than -7% after it said the US government plans to suspend enrollment in its Medicare Advantage Prescription Drug plans as of March 31, unless compliance issues are resolved.
Coherent (COHR) closed up more than +16% and Lumentum Holdings (LITE) closed up more than +12% after Nvidia said it is investing $2 billion in each company.
RadNet (RDNT) closed up more than +8% after reporting Q4 revenue of $547.7 million, better than the consensus of $515.4 million.
EchoStar Corp (SATS) closed up more than +3% after reporting Q4 revenue of $3.80 billion, above the consensus of $3.77 billion.
Earnings Reports(3/3/2026)
AutoZone Inc (AZO), Best Buy Co Inc (BBY), CrowdStrike Holdings Inc (CRWD), Gitlab Inc (GTLB), On Holding AG (ONON), Ross Stores Inc (ROST), Thor Industries Inc (THO), Versant Media Group Inc (VSNT), Viking Holdings Ltd (VIK).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Recover as Iran War Pushes Energy and Defense Stocks Higher

The S&P 500 Index ($SPX) (SPY) today isup +.07%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.06%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.44%.
Stocks initially retreated today after the US and Israel launched joint military attacks on Iran. President Trump said that combat operations could last for weeks until all objectives were completed. President Trump has called for Iran’s leaders to capitulate, but Iran’s security chief said that it has no intention of negotiating with the US.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks rebounded on dip buying and after the Feb ISM manufacturing index expanded more than expected. Also, the war in Iran is pushing defense stocks and energy producers higher today.
The war in Iran has sparked safe-haven demand for precious metals, with gold prices climbing to 1-month highs. Bond yields initially fell on news of a war with Iran on safe-haven demand, but have since risen, with the 10-year T-note yield up 10 bp to 4.04% amid concern that high oil prices will stoke faster inflation.
WTI crude oil soared more than +65% to an 8.25-month high as tanker traffic through the Strait of Hormuz, which runs along Iran's coast and handles a fifth of the world's oil, has largely halted after Iran attacked three oil tankers. Iran pumps about 3.3 million bpd, or about 3% of global output, but it is strategically important given its location along the Strait of Hormuz. Goldman Sachs estimates the real-time risk premium for crude oil at $18/bbl, corresponding to its estimate of the impact of a six-week full halt to tanker traffic in the Strait of Hormuz.
The US Feb ISM manufacturing index fell -0.2 to 52.4, stronger than expectations of 51.5. The Feb ISM prices paid sub-index rose +11.5 to a 3.5-year high of 70.5, stronger than expectations of 60.0.
Market focus this week will be on US-Iran war news, corporate earnings, and economic news. On Wednesday, the Feb ADP employment change is expected to increase by +40,000. Also, the Feb ISM services index is expected to slip by -0.3 to 53.5. In addition, the Fed releases its Beige Book. On Thursday, weekly initial unemployment claims are expected to increase by +3,000 to 215,000. Also, Q4 nonfarm productivity is expected to be up +1.8%, and Q4 unit labor costs are expected to be up +2.0%. On Friday, Feb nonfarm payrolls are expected to increase by +60,000, and the Feb unemployment rate is expected to remain unchanged at 4.3%. Also, Feb average hourly earnings are expected to increase by +0.3% m/m and +3.7% y/y. In addition, Feb retail sales are expected to fall -0.3% m/m and Feb retail sales ex-autos are expected to remain unchanged m/m.
Q4 earnings season is nearing its end, with more than 90% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 472 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 2% chance for a -25 bp rate cut at the next policy meeting on March 17-18.
Overseas stock markets are mixed today. The Euro Stoxx 50 fell to a 1.5-week low and is down -2.42%. China’s Shanghai Composite climbed to a 1.5-month high and closed up +0.47%. Japan’s Nikkei Stock 225 closed down -1.35%.
Interest Rates
June 10-year T-notes (ZNM6) today are down by -21 ticks. The 10-year T-note yield is up +10.5 bp to 4.042%. June T-notes fell from a contract high and turned lower, and the 10-year T-note yield rebounded from an 11.75-month low of 3.922% and moved higher. T-notes initially rallied today on increased safe-haven demand as stock index futures sold off after the US attacked Iran. However, T-notes gave up their gains and turned lower after WTI crude oil soared to an 8.25-month high, which raised inflation expectations, as the 10-year breakeven inflation rate rose to a 1-week high of 2.300%. Losses in T-notes accelerated today after the Feb ISM prices paid sub-index jumped to a 3.5-year high, signaling sticky price pressures.
European government bond yields are moving higher today. The 10-year German bund yield is up +6.5 bp to 2.708%. The 10-year UK gilt yield rose to a 1-week high of 4.383% and is up +14.1 bp to 4.374%.
German Jan retail sales fell -0.9% m/m, weaker than expectations of unchanged m/m and the biggest decline in 19 months.
Swaps are discounting a 1% chance of a -25 bp rate cut by the ECB at its next policy meeting on March 19.
US Stock Movers
Chipmakers and AI-infrastructure stocks are moving lower today, a negative factor for the overall market. Seagate Technology Holdings Plc is down more than -5% to lead losers in the Nasdaq 100. Also, Western Digital (STX), Advanced Micro Devices (AMD), and ARM Holdings Plc (ARM) are down more than -3%. In addition, NXP Semiconductors NV (NXPI), ASML Holding NV (ASML), and Qualcomm (QCOM) are down more than -2%. Finally, Applied Materials (AMAT), Intel (INTC), Broadcom (AVGO), Micron Technology (MU), and Texas Instruments (TXN) are down more than -1%,
Airline stocks are under pressure today as crude oil prices surged by more than +6% to an 8.25-month high, which will boost jet fuel prices and potentially cut into airlines’ profits. American Airlines Group (AAL) is down more than 45%, and United Airlines Holdings (UAL) is down more than -3%. Also, Delta Air Lines (DAL) and Southwest Airlines (LUV) are down more than -2%.
Cruise line operators are sliding today, led by a -9% decline in Norwegian Cruise Line Holdings (NCLH) after forecasting full-year EPS of $2.38, weaker than the consensus of $2.59. Also, Carnival (CCL) is down more than -8%, Viking Holdings Ltd (VIK) is down more than -4%, and Royal Caribbean Cruises Ltd (RCL) is down more than -3%.
Homebuilders are falling today with the +10 bp jump in the 10-year T-note yield, which will push mortgage rates higher and may curb home sales prospects. KB Home (KBH), PulteGroup (PHM), Toll Brothers (TOL), Lennar (LEN), and DR Horton (DHI) are down more than -3%.
Defense stocks are moving higher today as the war in Iran boosts their earnings prospects. Aerovironment (AVAV) is up more than +12%. Also, Northrop Grumman (NOC) and RTX Corp (RTX) are up more than +4%. In addition, Lockheed Martin (LMT) is up more than +3%, and L3Harris Technologies (LHX) is up more than +2%. Finally, Huntington Ingalls Industries (HII) and General Dynamics (GD) are up more than +1%.
Energy producers and energy service providers are rallying today with WTI crude (CLJ26) up more than +8% at an 8.25-month high. Marathon Petroleum (MPC) is up more than +4%, and APA Corp (APA), ConocoPhillips (COP), Devon Energy (DVN), and Valero Energy (VLO) are up more than +3%. Also, Occidental Petroleum (OXY) and Phillips 66 (PSX) are up more than +2%, and Chevron (CVX), Exxon Mobil (XOM), and Diamondback Energy (FANG) are up more than +1%.
Cryptocurrency-exposed stocks are moving higher today, with Bitcoin (^BTCUSD) up more than +6%. MARA Holdings (MARA) is up more than +8%, and Strategy (MSTR) is up more than +7% to lead gainers in the Nasdaq 100. Also, Galaxy Digital Holdings (GLXY) is up more than +5%, Coinbase Global (COIN) is up more than +4%, and Riot Platforms (RIOT) is up more than +3%.
UniQure (QURE) is down more than -34% after US regulators said the company should conduct a pivotal study before getting approval for its gene therapy for Huntington’s disease.
AES Corp (AES) is down more than -17% to lead losers in the S&P 500 after agreeing to be acquired by a consortium led by Global Infrastructure Partners and EQT for $15 per share in cash.
Elevance Health (ELV) is down more than -3% after it said the US government plans to suspend enrollment in its Medicare Advantage Prescription Drug plans as of March 31, unless compliance issues are resolved.
RadNet (RDNT) is up more than +4% after reporting Q4 revenue of $547.7 million, better than the consensus of $515.4 million.
EchoStar Corp (SATS) is up more than +2% after reporting Q4 revenue of $3.80 billion, above the consensus of $3.77 billion.
Earnings Reports(3/2/2026)
AAON Inc (AAON), ADT Inc (ADT), AES Corp/The (AES), AST SpaceMobile Inc (ASTS), Ingram Micro Holding Corp (INGM), MongoDB Inc (MDB), Norwegian Cruise Line Holdings (NCLH), Sealed Air Corp (SEE), Trump Media & Technology Group (DJT).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Markets Rebound After Initial Selloff Triggered by Middle East Tensions

The S&P 500 Index ($SPX) (SPY) today is down -0.69%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.74%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.65%. March E-mini S&P futures (ESH26) are down -0.67%, and March E-mini Nasdaq futures (NQH26) are down -0.70%.
Stock indexes are retreating today, with the S&P 500 and Nasdaq 100 falling to 1.5-week lows and the Dow Jones Industrial Average falling to a 2-month low.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks retreated today after the US and Israel launched joint military attacks on Iran. President Trump said that combat operations could last for weeks until all objectives were completed. President Trump has called for Iran’s leaders to capitulate, but Iran’s security chief said that it has no intention of negotiating with the US.
The war in Iran has sparked risk-off sentiment in asset markets and spurred safe-haven demand for precious metals, with gold and silver prices climbing to 1-month highs. Bond yields initially fell on news of a war with Iran on safe-haven demand, but have since risen, with the 10-year T-note yield up 7 bp to 4.01% amid concern that high oil prices will stoke faster inflation.
WTI crude oil soared more than +8% to an 8.25-month high today as tanker traffic through the Strait of Hormuz, which runs along Iran's coast and handles a fifth of the world's oil, has largely halted after Iran attacked three oil tankers. Iran pumps about 3.3 million bpd, or about 3% of global output, but it is strategically important given its location along the strait. Goldman Sachs estimates the real-time risk premium for crude oil at $18/bbl, corresponding to its estimate of the impact of a six-week full halt to tanker traffic in the Strait of Hormuz.
Market focus this week will be on US-Iran war news, corporate earnings, and economic news. Later today, the Feb ISM manufacturing index is expected to fall -1.1 to 51.5. On Wednesday, the Feb ADP employment change is expected to increase by +40,000. Also, the Feb ISM services index is expected to slip by -0.3 to 53.5. In addition, the Fed releases its Beige Book. On Thursday, weekly initial unemployment claims are expected to increase by +3,000 to 215,000. Also, Q4 nonfarm productivity is expected to be up +1.8%, and Q4 unit labor costs are expected to be up +2.0%. On Friday, Feb nonfarm payrolls are expected to increase by +60,000, and the Feb unemployment rate is expected to remain unchanged at 4.3%. Also, Feb average hourly earnings are expected to increase by +0.3% m/m and +3.7% y/y. In addition, Feb retail sales are expected to fall -0.3% m/m and Feb retail sales ex-autos are expected to remain unchanged m/m.
Q4 earnings season is nearing its end, with more than 90% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 472 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 2% chance for a -25 bp rate cut at the next policy meeting on March 17-18.
Overseas stock markets are mixed today. The Euro Stoxx 50 fell to a 1.5-week low and is down -2.55%. China’s Shanghai Composite climbed to a 1.5-month high and closed up +0.47%. Japan’s Nikkei Stock 225 closed down -1.35%.
Interest Rates
June 10-year T-notes (ZNM6) today are down by -12 ticks. The 10-year T-note yield is up +6.8 bp to 4.006%. June T-notes fell from a contract high and turned lower, and the 10-year T-note yield rebounded from an 11.75-month low of 3.922% and moved higher. T-notes initially rallied today on increased safe-haven demand as stock index futures sold off after the US attacked Iran. However, T-notes gave up their gains and turned lower after WTI crude oil soared to an 8.25-month high, which raised inflation expectations, as the 10-year breakeven inflation rate rose to a 1-week high of 2.300%.
European government bond yields are moving higher today. The 10-year German bund yield is up +5.8 bp to 2.701%. The 10-year UK gilt yield rose to a 1-week high of 4.372% and is up +12.6 bp to 4.358%.
German Jan retail sales fell -0.9% m/m, weaker than expectations of unchanged m/m and the biggest decline in 19 months.
Swaps are discounting a 1% chance of a -25 bp rate cut by the ECB at its next policy meeting on March 19.
US Stock Movers
Airline stocks are under pressure today as crude oil prices surged by more than +8% to an 8.25-month high, which will boost jet fuel prices and potentially cut into airlines’ profits. American Airlines Group (AAL) is down more than -5%, and United Airlines Holdings (UAL) is down more than -3%. Also, Delta Air Lines (DAL), Alaska Air Group (ALK), and Southwest Airlines (LUV) are down more than -2%.
Cruise line operators are sliding today, led by a -10% decline in Norwegian Cruise Line Holdings (NCLH) after forecasting full-year EPS of $2.38, weaker than the consensus of $2.59. Also, Carnival (CCL) is down more than -10%, Viking Holdings Ltd (VIK) is down more than -7%, and Royal Caribbean Cruises Ltd (RCL) is down more than -5%.
Defense stocks are moving higher today as the war in Iran boosts their earnings prospects. Aerovironment (AVAV) is up more than +15%. Northrop Grumman (NOC) and RTX Corp (RTX) are up more than +3%. Lockheed Martin (LMT) and L3Harris Technologies (LHX) are up more than +2%. Huntington Ingalls Industries (HII) and General Dynamics (GD) are up more than +1%.
Energy producers and energy service providers are rallying today with WTI crude (CLJ26) up more than +8% at an 8.25-month high. ConocoPhillips (COP) and Marathon Petroleum (MPC) are up more than +3%. Also, Exxon Mobil(XOM) and Valero Energy (VLO) are up more than +2%. In addition, APA Corp (APA), Devon Energy (DVN), Diamondback Energy (FANG), Occidental Petroleum (OXY), and Phillips 66 (PSX) are up more than +1%,
UniQure (QURE) is down more than -40% after US regulators said the company should conduct a pivotal study before getting approval for its gene therapy for Huntington’s disease.
AES Corp (AES) is down more than -17% to lead losers in the S&P 500 after agreeing to be acquired by a consortium led by Global Infrastructure Partners and EQT for $15 per share in cash.
Elevance Health (ELV) is down more than -2% after it said the US government plans to suspend enrollment in its Medicare Advantage Prescription Drug plans as of March 31, unless compliance issues are resolved.
RadNet (RDNT) is up more than +4% after reporting Q4 revenue of $547.7 million, better than the consensus of $515.4 million.
EchoStar Corp (SATS) is up more than +1% after reporting Q4 revenue of $3.80 billion, above the consensus of $3.77 billion.
Earnings Reports(3/2/2026)
AAON Inc (AAON), ADT Inc (ADT), AES Corp/The (AES), AST SpaceMobile Inc (ASTS), Ingram Micro Holding Corp (INGM), MongoDB Inc (MDB), Norwegian Cruise Line Holdings (NCLH), Sealed Air Corp (SEE), Trump Media & Technology Group (DJT).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Retreat as the US Attacks Iran

Phillips 66 (Symbol: PSX) has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, PSX shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Phillips 66, and favorable long-term multi-year growth rates in key fundamental data points.
The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.''
The annualized dividend paid by Phillips 66 is $5.08/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/23/2026. Below is a long-term dividend history chart for PSX, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
Also see:
FNTC Historical Stock Prices
PFD shares outstanding history
Funds Holding MSTP
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

PSX Added as Top 10 Energy Dividend Stock With 3.29% Yield

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the State Street Energy Select Sector SPDR ETF (Symbol: XLE) where we have detected an approximate $447.4 million dollar inflow -- that's a 1.2% increase week over week in outstanding units (from 669,498,400 to 677,648,400). Among the largest underlying components of XLE, in trading today EOG Resources, Inc. (Symbol: EOG) is down about 0.2%, Phillips 66 (Symbol: PSX) is off about 0.4%, and Kinder Morgan Inc. (Symbol: KMI) is up by about 0.5%. For a complete list of holdings, visit the XLE Holdings page » The chart below shows the one year price performance of XLE, versus its 200 day moving average:
Looking at the chart above, XLE's low point in its 52 week range is $37.245 per share, with $55.93 as the 52 week high point — that compares with a last trade of $55.15. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Free Report: Top 8%+ Dividends (paid monthly)
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Also see:
Cheap Energy Stocks Paying Dividends
KMX market cap history
VIAS Historical Stock Prices
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

XLE, EOG, PSX, KMI: ETF Inflow Alert

Phillips 66 (Symbol: PSX) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.2% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society — for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol.
According to the ETF Finder at ETF Channel, Phillips 66 is a member of the iShares USA ESG Select ETF (SUSA), making up 0.20% of the underlying holdings of the fund, which owns $10,310,917 worth of PSX shares.
The annualized dividend paid by Phillips 66 is $5.08/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/23/2026. Below is a long-term dividend history chart for PSX, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
PSX operates in the Oil & Gas Refining & Marketing sector, among companies like Chevron Corporation (CVX), and Suncor Energy Inc (SU).
Also see:
INVT Insider Buying
DENN Past Earnings
Institutional Holders of VIAO
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.