Phillips 66 drawdown: 0.5% below the all-time high
Phillips 66 is 0.5% below its all-time high, set Sep 9, 2026 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −0.5%
- 99.5% of ATH
- All-time high
- $260.78
- Sep 9, 2026
- Time below the high
- 2 days
- since Sep 9, 2026
- Worst-ever drawdown
- −65.9%
- Mar 23, 2020
- Longest underwater
- 5.1 yrs
- between all-time highs
- Today's level first reached
- Sep 9, 2026
- 2 days ago
- Last time this deep
- Sep 3, 2026
- in a previous episode
% of all-time high since 2012#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Jul 31, 2018 | Mar 23, 2020 | −65.9% | 1.6 yrs | Sep 12, 2023 | 5.1 yrs |
| Apr 3, 2024 | Apr 8, 2025 | −46.2% | 12 mo | Mar 12, 2026 | 1.9 yrs |
| Sep 5, 2014 | Jan 15, 2015 | −32.5% | 4 mo | Oct 30, 2015 | 14 mo |
| Nov 5, 2015 | Feb 11, 2016 | −22.2% | 3 mo | Oct 11, 2017 | 1.9 yrs |
| Mar 28, 2013 | Aug 19, 2013 | −20.9% | 5 mo | Nov 27, 2013 | 8 mo |
| Apr 13, 2012 | May 7, 2012 | −20.7% | 24 days | Jul 18, 2012 | 3 mo |
| Mar 27, 2026 | Apr 20, 2026 | −17.3% | 24 days | Jul 9, 2026 | 3 mo |
| Jan 23, 2018 | Feb 21, 2018 | −16.2% | 29 days | Apr 17, 2018 | 3 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2012: how far Phillips 66 stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Phillips 66 from its all-time high?
- Phillips 66 is currently 0.5% below its all-time high, set Sep 9, 2026 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Phillips 66 drawdown ever?
- The deepest decline on record in our data (since 2012) took Phillips 66 65.9% below its prior high, bottoming Mar 23, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from PSX; no free deep history exists for Phillips 66 — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.