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

Gross profit

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

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Since their very high distribution yield is highly desirable, I believe that a bullish rating is appropriate.

Phillips 66 Partners: No Worries, The Distribution Can Survive The Dakota Access Drama

Chevron

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Even strong oil refiners can't win in this environment.

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ConocoPhillips

MetLife

Walgreens

Daily Dividend Report: Walgreens Boots Alliance, CSX, Conoco Phillips, MetLife, Phillips 66

AT&T

AT&T (T) will function as the backbone of Phillips 66's seamless connectivity solution with dedicated network capabilities using multi-access edge compute across the licensed spectrum.

AT&T Powers Phillips 66's Private Network Mobile Connectivity

Dominion Energy

Duke Energy

Enterprise Products Partners

Pembina Pipeline

TC Energy

To tackle the COVID-19 situation, U.S. pipeline operators are reducing capital expenditures, suspending work or reducing staff at construction sites.

Duke, Dominion End ACP Project: Midstream Operators at Risk? (Revised)

Large investors in the Dakota Access Pipeline, including Phillips 66 , could be on the hook for hundreds of millions in payments, after a U.S. court on Monday ordered the owners of the major artery to shut it down and empty it of oil.

Dakota pipeline investors could face major hit after adverse ruling

Con Ed

Hersha Hospitality Trust Class A

Principal Financial Group

Ryman Hospitality Properties

Studies have shown that buying when insiders bet big on their company's stock produces significant outperformance.

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These two refining giants offer sizable yields to income-seeking investors.

Forget Marathon Petroleum: Phillips 66 Is a Better Dividend Stock

Exxon Mobil

Oil supply is rising while demand is still down.

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HollyFrontier

Tesla

The Nasdaq had kept on the plus-side most of the day, keeping its strength among indexes as it stays positive for the ninth trading day in the last 10 -- led by big-cap tech, as per usual.

Markets Race Toward the Green in Thursday Trading

Concho Resources

Diamondback Energy

Marathon Petroleum

Pioneer Natural Resources

Valero Energy

Cimarex Energy

The crude inventory rise surprised the market, which was expecting a decline based on easing lockdown measures.

Oil Prices Fall as Supplies Rise to Their Highest Level Ever

Right now, many investors are gambling that global consumers will quickly jump back into their cars, and onto planes, and otherwise drive up demand for oil and other fuels.

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The oil business may look very different a decade from now.

Where Will Phillips 66 Be in 10 Years?

Phillips 66's (PSX) planned Bluewater Texas oil export terminal is likely to export 2 million barrels of oil a day.

Phillips 66's Bluewater Texas Project FID Many Months Away

U.S. oil prices rose to a three-month high, shrugging off a surprisingly large addition to crude stockpiles that took it to record levels.

Why Oil Prices Keep Rising When Supplies Are at Record Highs?

Phillips 66 (PSX) closed at $84.33 in the latest trading session, marking a -1.56% move from the prior day.

Phillips 66 (PSX) Dips More Than Broader Markets: What You Should Know

Enbridge

These oil stocks have lots of upside if crude prices keep rallying.

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Baker Hughes

Halliburton

Occidental Petroleum

United States Oil Fund LP

Find out which part of the market led the way higher Tuesday.

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In the latest trading session, Phillips 66 (PSX) closed at $78.83, marking a +0.73% move from the previous day.

Phillips 66 (PSX) Outpaces Stock Market Gains: What You Should Know

Murphy USA

Tellurian

Resurgence in road driving during the forthcoming summer holidays  will brings oil refiners and miners in the spotlight.

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Phillips 66 (PSX) reported earnings 30 days ago. What's next for the stock?

Phillips 66 (PSX) Up 7% Since Last Earnings Report: Can It Continue?

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Phillips 66's (PSX) oil and gas pipeline network is likely to reach 24,000 miles by 2020. This in turn is likely to aid the company to deliver strong growth.

Here's Why You Should Hold on to Phillips 66 (PSX) Stock Now

There's only one stock that's currently the apple of Buffett's eye.

News for Phillips 66 Stock (PSX)