Phillips 66 vs TC Energy

Phillips 66 and TC Energy are examined side by side to help readers understand how their business models, financial performance, and market context compare. This page presents a neutral overview to support informed consideration of their approaches, strengths, and position within the energy sector. Educational content, not financial advice.

Phillips 66 and TC Energy are examined side by side to help readers understand how their business models, financial performance, and market context compare. This page presents a neutral overview to su...

Comparison Snapshot

Key Financial Metrics

PSX

Metric

TRP

$64.37B

Market Cap

$66.14B

-6.52%

Potential Profit

-20.50%

Buy

Analyst Rating

Buy

Why It's Moving

PSX Stock Warning: Why Analysts See -5% Downside Risk

Pakistan Stock Exchange plunged 638 points to 163,806, signaling investor jitters that could drag PSX shares lower amid correlated energy market risks.
Recent PSX regulatory notice on Pak Qatar Family Takaful highlights ongoing exchange uncertainties, raising flags for listed firms like PSX.
Analysts point to refining margin squeezes and global oil volatility as key factors pressuring PSX's near-term outlook.

Sentiment:

🐻Bearish

TRP Stock Warning: Why Analysts See -18% Downside Risk

Long-term forecasts predict TRP dropping to an average $54.69 by December 2026, implying about 18% downside from recent levels around $63, as patterns mirror similar stocks.
Preferred share swap consolidates to 14 million Series 5 shares with a fixed 4.501% annualized dividend starting January 30, 2026, boosting stability but ending Series 6 listings and delaying conversions until 2031.
Recent trading showed a 3.49% gain on February 13 amid neutral technicals—4 buy and 5 sell signals—but moving averages trend bullish with forecasts eyeing further drops by 2030.

Sentiment:

🐻Bearish

PSX Stock Warning: Why Analysts See -5% Downside Risk

Pakistan Stock Exchange plunged 638 points to 163,806, signaling investor jitters that could drag PSX shares lower amid correlated energy market risks.
Recent PSX regulatory notice on Pak Qatar Family Takaful highlights ongoing exchange uncertainties, raising flags for listed firms like PSX.
Analysts point to refining margin squeezes and global oil volatility as key factors pressuring PSX's near-term outlook.

Sentiment:

🐻Bearish

TRP Stock Warning: Why Analysts See -18% Downside Risk

Long-term forecasts predict TRP dropping to an average $54.69 by December 2026, implying about 18% downside from recent levels around $63, as patterns mirror similar stocks.
Preferred share swap consolidates to 14 million Series 5 shares with a fixed 4.501% annualized dividend starting January 30, 2026, boosting stability but ending Series 6 listings and delaying conversions until 2031.
Recent trading showed a 3.49% gain on February 13 amid neutral technicals—4 buy and 5 sell signals—but moving averages trend bullish with forecasts eyeing further drops by 2030.

Sentiment:

🐻Bearish

Investment Analysis

Phillips 66

PSX

Pros

Phillips 66 has demonstrated resilience in its share price, trading near 52-week highs despite sector volatility and global supply concerns.
The company achieved a significant rebound in refining earnings in 2025, supported by high utilization rates and favourable crack spreads.
Phillips 66 is advancing its transition to cleaner fuels, with its Rodeo Renewable Energy Complex reaching full renewable fuel production capacity.

Considerations

Phillips 66 faces ongoing non-operational risks, including a recent court order to pay substantial damages for trade-secret misappropriation in its biofuel segment.
The company's chemicals and midstream segments have underperformed, weakening overall segment diversification in recent quarters.
Phillips 66's conventional refining operations are being idled, which may reduce near-term refining cash flows and increase transition costs.

TC Energy

TRP

Pros

TC Energy operates a vast, diversified North American energy infrastructure network, including over 93,000 kilometres of natural gas pipelines.
The company owns regulated natural gas storage and power generation assets, providing stable cash flows and exposure to multiple energy markets.
TC Energy has delivered a strong long-term average annual return, supported by its regulated asset base and consistent dividend policy.

Considerations

TC Energy's valuation metrics are higher than sector averages, including a price-to-book ratio above the industry median.
The company faces regulatory and permitting risks for new pipeline and energy infrastructure projects, which can delay growth initiatives.
TC Energy's exposure to commodity price fluctuations and changing energy policies may impact future earnings and project economics.

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