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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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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Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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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

TechnipFMC

Helmerich & Payne

Investors are reallocating money from energy to technology since the latter is mainly driving the current economy.

Here's Why Energy Stocks Plunged Despite the Rally in Crude

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The economic damage caused by the COVID-19 pandemic has wreaked havoc on several industries (air travel, hospitality, retail, to name the most obvious) and taken a heavy toll on another.

How COVID-19 Will Stunt Growth, Increase Consolidation in the Oil Patch

Phillips 66 is constructing the world’s largest renewable fuels plant.

Are Renewable Fuels the Next Step for Phillips 66?

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Weekly figures from EIA show that domestic crude output has dropped to 10.7 million barrels per day, since reaching 13.1 million in the second week of March.

Things You Should Know About the EIA Crude Inventory Report

HollyFrontier

Exxon Mobil

Phillips 66's (PSX) Rodeo Renewed project is likely to become one of the world's largest biodiesel facilities. The project is set to utilize used cooking oil, fats, soybean oils and greases as inputs.

Refineries Convert to Biodiesel Plants: Is it a Survival Plan?

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5 oil and gas stocks that can afford their dividends. These 5 oil stocks have sufficient earnings and cash flow to pay their dividends with an average 76% target upside.

5 Oil and Gas Stocks With Huge Upside That Can Afford Their Dividends

On a somewhat positive note, the IEA saw steady recovery in diesel demand with the lifting of lockdowns resulting in higher industrial activity and freight transport.

IEA Lowers 2020 Oil Demand Forecast on Aviation Weakness

A 6% yield that’s ripe for the taking. This is one high dividend investors shouldn't ignore just because it's in the oil business.

Why Phillips 66 Is a Retiree's Dream Stock

Refuel Your Portfolio With Phillips 66

Oil markets find support from the continued drop in crude inventories. Another piece of optimistic news is the fall in gasoline and distillate inventories - a signal of demand improvement.

Oil Prices Hit 5-Month High Following Another Inventory Drop

Oil refiner Phillips 66 (NYSE: PSX) announced Wednesday that it will convert its San Francisco-area crude oil refinery to produce renewable diesel fuel.

Phillips 66 Refinery Change Highlights Oil’s Woes

Phillips 66 PSX, +0.20% said Wednesday that it will stop producing fuels from crude oil at its San Francisco Refinery in Rodeo, Calif.

Phillips 66 to stop making fuels from crude oil at San Francisco refinery, will shift production to renewable fuels

HOUSTON--(BUSINESS WIRE)--Phillips 66 announced today that it plans to reconfigure its San Francisco Refinery in Rodeo, California, to produce renewable fuels.

Phillips 66 Plans to Transform San Francisco Refinery into World’s Largest Renewable Fuels Plant

Higher storage and processing activities aid Phillips 66's (PSXP) Q2 earnings.

Phillips 66 (PSXP) Q2 Earnings & Revenues Beat Estimates

A weekly report from the EIA showed a crude stockpile draw nearly twice above expectations, even though gasoline and distillates supplies rose.

Crude Hits 5-Month High: Is Oil Market Out of the Woods?

Phillips 66 Shares Are Undervalued As Its Business Bottoms

Phillips 66 And The Future Of Refining

COVID-19 cratered demand for refined petroleum products, sending this refiner deep into the red.

Brutal Market Conditions Torpedoed This Refining Stock's Second-Quarter Earnings

Phillips 66 Partners LP (PSXP) Q2 2020 Results - Earnings Call Transcript

Phillips 66 (PSX) CEO Greg Garland on Q2 2020 Results - Earnings Call Transcript

Phillips 66's (PSX) West Coast retail marketing JV acquires 95 sites in the second quarter, which are likely to boost its exposure to retail margins.

Phillips 66 (PSX) Q2 Earnings Beat on Lower Operating Costs

Phillips 66 (PSX) delivered earnings and revenue surprises of 25.25% and -25.05%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Phillips 66 (PSX) Reports Q2 Loss, Lags Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Phillips 66, a diversified energy manufacturing and logistics company, announces a second-quarter 2020 loss of $141 million.

Phillips 66 Reports Second-Quarter 2020 Financial Results

Phillips 66 (NYSE: PSX) unveils its next round of earnings this Friday, July 31.

Earnings Preview for Phillips 66

Phillips 66 Partners (NYSE: PSXP) announces its next round of earnings this Friday, July 31.

News for Phillips 66 Stock (PSX)