Phillips 66 vs Tencent Music Entertainment Group - ADR — how do they compare? Phillips 66 trades at $211.89 (market cap $85.11B), while Tencent Music Entertainment Group - ADR trades at $8.78 (market cap $15.16B). The key difference: Phillips 66 is far larger — about 5.6× Tencent Music Entertainment Group - ADR's market cap, and Tencent Music Entertainment Group - ADR pays the higher dividend (2.68%). Which is the better fit depends on your goals.
| PSX | TME | |
|---|---|---|
Market Cap | $85.11B | $15.16B |
Sector | Energy | Media |
52-Week High | $212.27 | $26.36 |
52-Week Low | $118.37 | $8.16 |
Enterprise Value | $107.08B | $11.93B |
Dividend Yield | 2.39% | 2.68% |
Trailing returns across standard periods
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 →TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
Read more on TME →