Revenue segments as reported by the company.

Sales and other operating revenues

Equity in earnings of affiliates

Net gain on dispositions

Other income (loss)

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expenses

Depreciation and amortization

Impairments

Taxes other than income taxes

Accretion on discounted liabilities

Interest and debt expense

Foreign currency transaction gains

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Phillips 66

Cheveron Phillips Chemical is a petrochemical company jointly owned by Chevron Corporation and Phillips 66. The company was formed July 1, 2000 by merging the chemicals operations of both Chevron Corporation and Phillips Petroleum Company. As equally-owned company, it is governed by a board of directors composed of two members from each of the parent companies. The company was actually named in a coin toss to determine which parent company name would be first and which would be last.

Cheveron Phillips Chemical

Conoco was an American oil company founded in 1875 as the Continental Oil and Transportation Company. It is now a brand of gasoline and service station in the United States which belongs to Phillips 66 following the spin-off of ConocoPhillips' downstream assets in May 2012.

Conoco

76 is a chain of gas stations located within the United States. The 76 brand is owned by Phillips 66 Company. Union Oil Company of California, dba Unocal, the original owner and creator of the Union 76 brand, merged with Chevron Corporation in 2005.

Phillips 66 engages in the processing, transportation, storage, and marketing of fuels and other related products. The company operates through the following segments: Midstream, Chemicals, Refining, and Marketing & Specialties. The Midstream segment provides crude oil and refined products transportation, terminal, and processing services, as well as natural gas, natural gas liquids, and liquefied petroleum gas transportation, storage, processing, and marketing services. The Chemicals segment produces and markets petrochemicals and plastics worldwide. The Refining segment Refines crude oil and other feedstocks into petroleum products such as gasoline, distillates, and aviation fuels. The Marketing and Specialties segment purchases for resale and markets refined petroleum products such as base oils and lubricants, and power generation operations. The company was founded in 1875 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Phillips 66 (PSX) reports robust earnings, eyes growth amid challenges

Phillips 66 delivered strong financial performance in Q4 2022 and for the full year, focusing on shareholder returns and operational excellence.
Strategic initiatives in Midstream and Chemicals, refining transformation, and cost savings demonstrate the company's commitment to growth.
Challenges include turnaround expenses, project financing impacts, and uncertainties in refining operations, while opportunities exist in asset optimization and business growth.
Overall, Phillips 66 remains well-positioned with a solid financial foundation and strategic direction for future growth and value creation.

Phillips 66 posts record Q1 earnings, invests in renewables

Phillips 66 delivered a strong performance in Q1 2023, reporting record earnings and demonstrating financial stability through shareholder returns and operational efficiency.
Strategic investments in renewable fuels and high-return projects, coupled with cost-saving initiatives, position the company for long-term growth and profitability.
While facing challenges from market volatility and cost pressures, Phillips 66 remains focused on optimizing operations and seizing opportunities in renewable energy and petrochemicals.
Overall, Phillips 66's Q1 performance reflects a balanced approach to financial management, operational excellence, and strategic growth initiatives.

Phillips 66 excels in Q2 earnings, eyes growth opportunities

Phillips 66 delivered robust financial results, driven by strong refining performance and cost-saving initiatives. While facing challenges like supply-demand imbalances and legal issues, the company is focused on capitalizing on joint ventures and evaluating strategic portfolio moves. Opportunities lie in acquisitions/divestments, expansion projects, and enhanced market capture.

Phillips 66 exceeds targets, focuses on growth and shareholder returns

Phillips 66's Q3 2023 earnings call showcased strong performance, strategic acquisitions, and a commitment to enhancing shareholder value. The company is focused on refining performance, cost reductions, and capital allocation to drive growth. Challenges in refining margins and market conditions require ongoing monitoring and strategic adjustments.

Phillips 66 (PSX) reports robust Q4 earnings, eyes asset monetization

Phillips 66 (PSX) delivered strong financial results in Q4 2023, focusing on enhancing performance, reducing costs, and capturing synergies. The company aims for significant growth in adjusted EBITDA by 2025, with a strategic shift towards non-Refining segments. Challenges include tax benefit reductions and market-specific demand dynamics.

Phillips 66 (PSX) reports robust Q1 earnings and strategic growth plans

Phillips 66 reported strong Q1 2024 earnings, emphasizing financial performance, safety achievements, asset monetization plans, and progress in business transformation. Challenges include maintenance impacts, rising commodity prices, and upcoming turnaround expenses. Opportunities lie in cost reduction initiatives, asset monetization, and achieving synergies in the Midstream segment.

Phillips 66 reports robust Q2 earnings, focuses on efficiency and sustainability

Phillips 66 demonstrated solid financial performance, highlighted by strong earnings and cash flow, along with significant returns to shareholders.
Operational strengths in Refining, Midstream, and renewable energy underscore the company's commitment to efficiency and sustainability.
Challenges ahead include managing costs, navigating market dynamics, and addressing analyst inquiries, while opportunities lie in shareholder value creation and sustainable growth.

Phillips 66 excels in Q3 earnings, eyes sustainability and efficiency

Phillips 66 demonstrated strong financial performance, achieving cost reduction targets and returning significant value to shareholders.
While facing challenges in certain segments, the company's strategic focus on sustainability and operational efficiency positions it well for future growth.
Opportunities for margin improvement and strategic asset dispositions highlight potential avenues for further value creation and optimization.

Revenue

Cost of revenue

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SG&A

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Operating income

EBITDA

Net income

Earnings per share

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Cash & equivalents

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Net PPE

Intangibles

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Book value per share

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Funds from operations

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Purchase/sale of investments

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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Bull of the Day: Phillips 66 (PSX)

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The P/B ratio helps to identify low-priced stocks that have high growth prospects. Ford Motor Company (F), Phillips 66 (PSX), Turtle Beach Corporation (HEAR), ASE Technology Holding (ASX) and Signet Jewelers Limited (SIG) are some such stocks.

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Phillips 66 (NYSE:PSX ) Q2 2022 Earnings Conference Call July 29, 2022 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - President and CEO Kevin Mitchell - EVP and CFO Brian Mandell - EVP, Marketing and Commercial Tim Roberts - EVP, Midstream Rich Harbison - SVP, Refining Conference Call Participants Neil Mehta - Goldman Sachs Douglas Leggate - Bank of America Roger Read - Wells Fargo Ryan Todd - Piper Sandler Manav Gupta - Credit Suisse Theresa Chen - Barclays Matthew Blair - Tudor, Pickering, Holt John Royall - JPMorgan Paul Cheng - Scotiabank Operator Welcome to the Second Quarter 2022 Phillips 66 Earnings Conference Call. My name is Joanna, and I will be your operator for today's call.

Phillips 66 (PSX) CEO Greg Garland on Q2 2022 Results - Earnings Call Transcript

Stronger refining margins worldwide aid Phillips 66's (PSX) earnings in Q2.

Phillips 66 (PSX) Q2 Earnings Beat on Higher Refining Margins

Phillips 66 (PSX) delivered earnings and revenue surprises of 14.36% and 43.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Phillips 66 (PSX) Q2 Earnings and Revenues Top Estimates

HOUSTON--(BUSINESS WIRE)--Phillips 66 announces second-quarter 2022 earnings of $3.2 billion, compared with earnings of $582 million in the first quarter of 2022.

Phillips 66 Reports Second-Quarter 2022 Financial Results

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Higher demand for refined petroleum products is likely to have aided Phillips 66's (PSX) earnings in Q2.

Phillips 66 (PSX) to Report Q2 Earnings: Is a Beat in Store?

The average of price targets set by Wall Street analysts indicates a potential upside of 31.8% in Phillips 66 (PSX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts See a 32% Upside in Phillips 66 (PSX): Can the Stock Really Move This High?

Phillips 66 (PSX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Phillips 66 (PSX) Reports Next Week: Wall Street Expects Earnings Growth

With 2 million bpd of crude throughput capacity, Phillips 66 is one of the largest American refiners. However, PSX also has significant chemicals and midstream assets that have, historically, delivered higher margins as compared to refining.

Phillips 66: Buy The Dip Prior To Q2 Report

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HOUSTON & ZURICH--(BUSINESS WIRE)---- $PSX #hydrogen--Phillips 66 and H2 Energy Europe have closed on a joint venture to set up and operate hydrogen refueling retail sites in Germany, Austria and Denmark.

Phillips 66 and H2 Energy Europe close on joint venture to create European network of hydrogen refueling stations

Phillips 66 is a diversified, growing company in the energy sector. The company has attractive long-term prospects for dividend growth.

Phillips 66: This 4.8% Refinery Yield Is A Bargain

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Daily Dividend Report: Cummins, Marsh McLennan, Baxter International, Realty Income, Phillips 66

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HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has appointed Mark E. Lashier and Gregory J. Hayes to serve on the board, effective July 12, 2022.

Phillips 66 Appoints Two New Directors

Phillips 66 is generating solid cash flow, which management has used to pay down debt. It's aggressively repurchased its shares over the past decade, and the company plans on resuming share buybacks.

Phillips 66: Buy The Drop On This High Yield

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News for Phillips 66 Stock (PSX)