Conagra Brands Inc vs Phillips 66 — how do they compare? Conagra Brands Inc trades at $14.93 (market cap $7.14B), while Phillips 66 trades at $223.83 (market cap $89.52B). The key difference: Phillips 66 is far larger — about 12.5× Conagra Brands Inc's market cap, and Conagra Brands Inc pays the higher dividend (8.2%). Which is the better fit depends on your goals.
| CAG | PSX | |
|---|---|---|
Market Cap | $7.14B | $89.52B |
Sector | Consumer Staples | Energy |
52-Week High | $20.02 | $224.36 |
52-Week Low | $12.58 | $120.04 |
Enterprise Value | $14.20B | $105.99B |
Dividend Yield | 8.2% | 2.26% |
Trailing returns across standard periods
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). It has a significant presence in the freezer aisle, with brands such as Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Other popular brands include Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. While the majority of revenue is sold into the U.S. retail channel, 9% of fiscal 2022 sales were to the food-service channel, down from 11% in fiscal 2019 due to the pandemic.
Read more on CAG →Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, after converting its 255 mb/d Alliance refinery to a terminal. The midstream segment comprises extensive transportation and NGL processing assets. It also includes its DCP Midstream joint venture, which holds 45 natural gas processing facilities, 11 NGL fractionation plants, and a natural gas pipeline system with 58,000 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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