ING Groep NV vs Phillips 66 — how do they compare? ING Groep NV trades at $32.22 (market cap $92.65B), while Phillips 66 trades at $209.01 (market cap $83.72B). The key difference: ING Groep NV and Phillips 66 are close in size by market cap, and ING Groep NV pays the higher dividend (3.93%). Which is the better fit depends on your goals.
| ING | PSX | |
|---|---|---|
Market Cap | $92.65B | $83.72B |
Sector | Financials | Energy |
52-Week High | $33.31 | $208.80 |
52-Week Low | $22.71 | $118.37 |
Dividend Yield | 3.93% | 2.43% |
Enterprise Value | — | $105.69B |
Trailing returns across standard periods
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
Read more on ING →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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