Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Phillips 66's share price for the quarter that ended in Jun. 2024 was $141.17. Phillips 66's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 419 Mil. Therefore, Phillips 66's market cap for the quarter that ended in Jun. 2024 was $59,089 Mil.
Phillips 66's quarterly market cap
increased
from Dec. 2023 ($57,312 Mil) to Mar. 2024 ($69,248 Mil) but then
declined
from Mar. 2024 ($69,248 Mil) to Jun. 2024 ($59,089 Mil).
Phillips 66's annual market cap
increased
from Dec. 2021 ($31,756 Mil) to Dec. 2022 ($48,485 Mil) and
increased
from Dec. 2022 ($48,485 Mil) to Dec. 2023 ($57,312 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Phillips 66's Enterprise Value for Today is $71,465 Mil.
Phillips 66 Market Cap Historical Data
The historical data trend for Phillips 66's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Phillips 66's Market Cap
For the Oil & Gas Refining & Marketing subindustry, Phillips 66's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Phillips 66's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Phillips 66's Market Cap distribution charts can be found below:
* The bar in red indicates where Phillips 66's Market Cap falls into.
Phillips 66 Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Phillips 66's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Phillips 66 (NYSE:PSX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Phillips 66 Market Cap Related Terms
Thank you for viewing the detailed overview of Phillips 66's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.8 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility ceased operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
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