Consolidated Edison, Inc. vs Phillips 66 — how do they compare? Consolidated Edison, Inc. trades at $111.95 (market cap $40.65B), while Phillips 66 trades at $200.21 (market cap $78.65B). The key difference: Phillips 66 is the larger of the two by market cap, and Consolidated Edison, Inc. pays the higher dividend (3.15%). Which is the better fit depends on your goals.
| ED | PSX | |
|---|---|---|
Market Cap | $40.65B | $78.65B |
Sector | Utilities | Energy |
52-Week High | $115.46 | $201.45 |
52-Week Low | $95.37 | $118.37 |
Enterprise Value | $67.68B | $100.62B |
Dividend Yield | 3.15% | 2.59% |
Trailing returns across standard periods
Latest headlines on both assets
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →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.
Read more on PSX →