Phillips 66 (PSX) is trading at $177.69, which is -5.6% below its all-time high of $188.28. The Drawdown Severity Score is 1.1, placing it in the green (normal) zone. Over its tracked history, PSX has experienced 93 significant drawdown events with an average maximum drawdown of -4.9%.
Data last updated: May 25, 2026 at 05:14 PM EDT
PSX
StockPhillips 66
Price
$177.69
as of May 22, 2026
All Time High: $188.28
Slightly Elevated
Current Drawdown
-5.6%
Days in Drawdown
39
Avg Max Drawdown
5.2%
Avg Length
45
Drawdown Severity Score™
1.1
PSX - Price & High Water Mark
PSX - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Phillips 66 (PSX) Analysis: Current Drawdown Insights
Phillips 66 is currently in a moderate drawdown. As of 2026-05-22, the stock is trading at $177.69, down 5.6% from its all-time high of $188.28. This pullback has lasted 39 days.
Based on comprehensive historical analysis spanning 14 years, Phillips 66 typically experiences drawdowns averaging 5.2% in depth, with an average duration of 45 days. Phillips 66 has gone through 93 total drawdown events in the last 14 years. The largest drawdown for Phillips 66 in the last 14 years was 64.2%. The longest drawdown duration in its history was 938 days.
The Drawdown Severity Score™ for Phillips 66 currently stands at 1.11. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range—a routine pullback.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing Phillips 66's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.
📜 Historical Drawdown Events
Current drawdown shown in blue. Complete record of all 93 historical pullbacks below.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-04-13 | Ongoing | 39 days | -5.6% | $188.28 | $177.69 | — |
| 2024-03-25 | 2024-03-28 | 4 days | -1.9% | $149.88 | $147.07 | $153.54 |
| 2024-03-18 | 2024-03-21 | 4 days | -1.4% | $149.49 | $147.35 | $149.54 |
| 2024-03-14 | 2024-03-15 | 2 days | -0.1% | $145.20 | $145.12 | $149.49 |
| 2024-02-27 | 2024-03-07 | 10 days | -4.8% | $139.41 | $132.77 | $140.26 |
| 2024-02-06 | 2024-02-22 | 17 days | -3.5% | $137.41 | $132.67 | $137.82 |
| 2024-02-02 | 2024-02-05 | 4 days | -0.1% | $135.84 | $135.76 | $137.41 |
| 2024-01-29 | 2024-01-30 | 2 days | -0.8% | $130.86 | $129.81 | $132.91 |
| 2024-01-04 | 2024-01-25 | 22 days | -6.0% | $126.69 | $119.15 | $128.46 |
| 2023-12-27 | 2024-01-03 | 8 days | -2.1% | $126.66 | $123.97 | $126.69 |
| 2023-12-22 | 2023-12-26 | 5 days | -0.2% | $125.33 | $125.11 | $126.66 |
| 2023-12-15 | 2023-12-18 | 4 days | -0.2% | $121.43 | $121.20 | $122.54 |
| 2023-12-04 | 2023-12-14 | 11 days | -3.9% | $121.04 | $116.30 | $121.43 |
| 2023-09-13 | 2023-11-30 | 79 days | -12.1% | $114.93 | $100.98 | $120.29 |
| 2023-09-05 | 2023-09-07 | 3 days | -0.5% | $108.36 | $107.87 | $109.82 |
| 2023-08-14 | 2023-09-01 | 19 days | -2.9% | $106.87 | $103.78 | $108.36 |
| 2023-08-02 | 2023-08-08 | 7 days | -2.8% | $102.72 | $99.86 | $103.24 |
| 2022-11-23 | 2023-07-28 | 247 days | -17.4% | $100.74 | $83.20 | $101.10 |
| 2022-11-14 | 2022-11-22 | 9 days | -2.4% | $98.98 | $96.60 | $100.74 |
| 2022-06-09 | 2022-11-11 | 156 days | -32.0% | $96.98 | $65.95 | $98.98 |
| 2019-11-11 | 2022-06-06 | 938 days | -64.2% | $92.74 | $33.19 | $93.26 |
| 2019-10-30 | 2019-11-07 | 9 days | -2.1% | $92.16 | $90.22 | $92.64 |
| 2018-08-01 | 2019-10-29 | 455 days | -35.4% | $91.53 | $59.15 | $92.16 |
| 2018-05-22 | 2018-07-30 | 70 days | -9.3% | $90.12 | $81.74 | $90.64 |
| 2018-05-18 | 2018-05-21 | 4 days | -0.6% | $89.84 | $89.29 | $90.12 |
| 2018-05-16 | 2018-05-17 | 2 days | -0.1% | $87.23 | $87.11 | $89.84 |
| 2018-05-11 | 2018-05-14 | 4 days | -0.2% | $86.96 | $86.81 | $87.20 |
| 2018-05-07 | 2018-05-08 | 2 days | -0.2% | $85.23 | $85.08 | $85.70 |
| 2018-04-27 | 2018-05-02 | 6 days | -1.1% | $82.95 | $82.06 | $84.42 |
| 2018-04-24 | 2018-04-26 | 3 days | -2.0% | $82.16 | $80.52 | $82.95 |
| 2018-01-24 | 2018-04-16 | 82 days | -15.6% | $78.21 | $66.04 | $78.75 |
| 2018-01-18 | 2018-01-22 | 5 days | -0.8% | $77.67 | $77.03 | $78.04 |
| 2018-01-16 | 2018-01-17 | 2 days | -1.4% | $76.80 | $75.72 | $77.67 |
| 2018-01-04 | 2018-01-12 | 9 days | -0.7% | $74.94 | $74.42 | $76.80 |
| 2017-12-28 | 2018-01-03 | 7 days | -0.9% | $74.67 | $74.00 | $74.94 |
| 2017-12-21 | 2017-12-22 | 2 days | -0.6% | $73.69 | $73.22 | $73.81 |
| 2017-12-14 | 2017-12-20 | 7 days | -0.9% | $73.16 | $72.53 | $73.69 |
| 2017-12-12 | 2017-12-13 | 2 days | -0.7% | $72.96 | $72.48 | $73.16 |
| 2017-12-06 | 2017-12-08 | 3 days | -0.7% | $71.90 | $71.40 | $72.83 |
| 2017-12-04 | 2017-12-05 | 2 days | -0.0% | $71.39 | $71.36 | $71.90 |
| 2017-11-08 | 2017-11-28 | 21 days | -2.1% | $68.67 | $67.22 | $68.81 |
| 2017-10-16 | 2017-11-06 | 22 days | -4.4% | $68.57 | $65.52 | $68.57 |
| 2017-10-04 | 2017-10-11 | 8 days | -0.9% | $67.98 | $67.40 | $68.02 |
| 2017-09-28 | 2017-10-02 | 5 days | -0.2% | $66.66 | $66.52 | $67.08 |
| 2017-09-20 | 2017-09-21 | 2 days | -0.0% | $64.69 | $64.67 | $64.72 |
| 2015-11-25 | 2017-09-18 | 663 days | -21.1% | $63.92 | $50.41 | $64.12 |
| 2015-11-06 | 2015-11-24 | 19 days | -4.3% | $63.91 | $61.14 | $63.92 |
| 2014-09-08 | 2015-10-29 | 417 days | -32.0% | $58.10 | $39.50 | $58.96 |
| 2014-09-04 | 2014-09-05 | 2 days | -0.4% | $57.92 | $57.68 | $58.10 |
| 2014-09-02 | 2014-09-03 | 2 days | -0.1% | $57.77 | $57.73 | $57.92 |
| 2014-08-26 | 2014-08-29 | 4 days | -0.5% | $57.69 | $57.39 | $57.77 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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PSX Price History and Drawdown Data
Latest price
$177.69
High-water mark
$188.28
Current drawdown
-5.6%
Days in drawdown
39
This PSX page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Phillips 66 drawdowns.
What History Says About PSX
Phillips 66 has dropped 5%+ from its high 10 times in its tracked history. These events lasted an average of 313 days with an average max drop of -24.5%.
The current drawdown of -5.6% has lasted 39 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Nov 2019 to Jun 2022 | -64.2% | 938 days |
| Aug 2018 to Oct 2019 | -35.4% | 455 days |
| Sep 2014 to Oct 2015 | -32.0% | 417 days |
| Jun 2022 to Nov 2022 | -32.0% | 156 days |
| Nov 2015 to Sep 2017 | -21.1% | 663 days |
| Nov 2022 to Jul 2023 | -17.4% | 247 days |
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