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

Phillips 66 (PSX) outperforms its industry and is likely to grow further supported by midstream operations.

Here's Why Phillips 66 (PSX) Stock is an Attractive Pick Now

ConocoPhillips

Chevron

Marathon Petroleum

Valero Energy

Exxon Mobil

The federal government's EIA report revealed that crude inventories rose by 1.4 million barrels, compared to the 1.6 million barrels increase that energy analysts had expected.

Oil Price Gains 3.4% for the Day: What's Behind the Rise?

Phillips 66 Partners (PSXP) expects to commence full service of the Gray Oak crude oil pipeline in first-quarter 2020.

Phillips 66 Partners to Slash Gray Oak Tariff Rates in Texas

Phillips 66 continues to pour money into repurchasing its stock.

This Warren Buffett-Held Company Thinks Its Shares Are Cheap

Phillips 66 (PSX) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

Why Phillips 66 (PSX) Could Be Positioned for a Surge

Phillips 66 Partners has two major growth projects coming online soon that should fuel big-time growth in 2020.

Why 2020 Should Be a Big Year for This 6.3%-Yielding Dividend Stock

Phillips 66 (PSX) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Why Phillips 66 (PSX) Could Be a Top Value Stock Pick

Builders FirstSource

H&E Equipment Services

Intel

Sony

Who has the momentum now that growth stocks are faltering? Value stocks.

5 Top Value Stocks that are Breaking Out

HollyFrontier

World Fuel Services

Murphy USA

Strong Fundamentals to Aid Oil & Gas Refining & Marketing Industry

Phillips 66 Chief Executive Greg Garland said on Thursday the company is completely transparent in the financing of pipelines and other projects the independent U.S. refiner and petrochemical producer has undertaken in the past few years.

Phillips 66 completely transparent in project financing: CEO

The refining giant had lots of good news for its investors last month.

Why Phillips 66 Stock Soared More Than 15% in October

A decline in transported crude oil volumes hurts Phillips 66 Partners' (PSXP) Q3 earnings.

Phillips 66 Partners (PSXP) Earnings Miss Estimates in Q3

Phillips 66 (PSX) CEO Greg Garland on Q3 2019 Results - Earnings Call Transcript

Phillips 66 Partners LP (PSXP) Q3 2019 Results - Earnings Call Transcript

Phillips 66 (PSX) earnings for the gas company's third quarter of 2019 have PSX stock taking off Thursday on an EPS beat.
The post Phillips 66 Earnings: PSX Stock Hits the Gas on Q3 Beat appeared first on InvestorPlace.

Phillips 66 Earnings: PSX Stock Hits the Gas on Q3 Beat

Refining giant Phillips 66’s third-quarter results once again demonstrated its prowess in generating cash for its investors.

This Warren Buffett Stock Continues to Enrich Its Investors

Contributions from transportation and NGL businesses aid Phillips 66's (PSX) Q3 earnings.

Phillips 66 (PSX) Q3 Earnings Beat, Revenues Miss Estimates

Apple

Alphabet

Illinois Tool Works

Starbucks

Verizon

More Q3 earnings results are out ahead of Friday's opening bell, capping off the first of several busy weeks of quarterly reportage.

Friday Q3 Earnings Cap a Busy Week

Phillips 66 (PSX) delivered earnings and revenue surprises of 19.62% and -1.89%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Phillips 66 (PSX) Q3 Earnings Surpass Estimates

Phillips 66 (PSX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Phillips 66 (PSX)

Phillips 66's (PSX) third-quarter profits are likely to have been boosted by low oil prices and DJ O'Connor 2 plant's commencement.

Phillips 66 (PSX) to Post Q3 Earnings: Is a Beat in Store?

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) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Phillips 66 Partners (PSXP) is likely to maintain quarterly distribution hikes on solid backlog of organic midstream growth projects.

Phillips 66 Partners Rewards Investors With Distribution Hike

The refining giant continues to balance growth with returning cash to investors.

Phillips 66 Keeps Proving Why It's a Great Retirement Stock

Let's see if Phillips 66 (PSX) stock is a good choice for value-oriented investors right now from multiple angles.

News for Phillips 66 Stock (PSX)