If you had invested: $1,000.00💵
Into PSX on 2023-12-27 📅
You would have made:
$53.80 🤑
Your Annual Rate of Return would be: 5.38% 📈
Total Increase: 5.38%📈
With that much money you could have bought:
0.0 Yachts
Background
Phillips 66, one of the hottest companies on the stock market, located at 2331 citywest blvd., houston, tx, us specializes in the petroleum refining industry. It is currently listed on the exchange NYSE in the country USA.
The company's last annual earnings report on 2024-06-30 showed that it had reached a market cap of 57,971,806,000 $.
If someone had invested $100 in Phillips 66 10 years ago, their investment would be worth roughly $171.97 today, according to If You Had Invested
If you had invested...
The stock price of a company is a reflection of the company's performance, market value, profitability and growth rate and for PSX, its stock has been great. If you had invested $1,000 in Phillips 66 1 year ago and held onto your investment until today , here's what would have happened:
Your investment would now be worth roughly $1053.8 today.
Financials
If you are looking for a company with a strong dividend yield then Phillips 66 has a dividend yield of 0.0332 making it a okay dividend company to invest in. If you are going to buy some PSX stock for dividends make sure you buy before 2024-08-20
In terms of growth Phillips 66 has had a turn for the worst with a Quarterly Earnings growth rate of -0.359. At the same time revenue growth has been to the moon with a rate of 0.087.
You've probably heard a lot of different things about investing in the stock market. After all, it can be volatile and unpredictable. But that doesn't mean it's not a good place to invest your money. In fact, many people who are experts on this subject will tell you that the stock market has been rewarding for investors over time—and that includes those who invested just one year ago!
The stock market is volatile and not a get rich quick scheme. It’s a long term investment strategy that can help you build wealth and diversify your portfolio.
As Phillips 66 continues on its journey to become a 8,695,770,900,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood
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