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

Many investors understand this company has been a top dividend growth performer since its spin off from ConocoPhillips.

Phillips 66: Another Reason To Love This Dividend Growth Aristocrat

Phillips 66 (PSX) to allocate roughly 60% of its operating cash flow for business investments. The remaining 40% is likely to be returned to its shareholders via share buybacks and dividend payments.

Phillips 66 Rewards Shareholders With Stock Buyback Program

Chevron

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Despite its slate of upcoming projects, Phillips 66 Partners is still a relatively smaller MLP.

Phillipps 66 Partners: This Growth MLP Is One To Avoid

ConocoPhillips

Valero Energy

Exxon Mobil

Crude traded below $60 a barrel as investors also weighed the prospect of an earlier-than-expected recovery in state-run Saudi Aramco's affected production.

Crude Prices Drop Amid Surprise Growth in U.S. Stockpiles

Phillips 66 Partners (PSXP) has been witnessing downward earnings estimate revisions by analysts, as lower throughput volumes and balance sheet weakness are weighing on the stock.

Here's Why You Should Sell Phillips 66 Partners Stock Now

At 6.1%, this midstream company’s payout should appeal to yield-seeking investors.

If You Think This Energy Company's 3.5% Dividend Yield Is Attractive, You Should Check Out Its MLP

Phillips 66 (PSXP) announces pricing of unsecured senior notes, carrying a total aggregate principal amount of $900 million.

Phillips 66 (PSXP) to Pay Back Term Loan With Notes Offering

Marathon Petroleum

Par Pacific Holdings

The energy sector has taken a beating this year, and despite continued cuts in production from the OPEC nations and ongoing geopolitical issues in the Middle East, especially surrounding the Strait of Hormuz and the safe passage for oil tankers, the price for the black gold has fallen back to the mid $50s per barrel.

Goldman Sachs Very Positive on Top Refining Stocks for Rest of 2019

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.

Looking for Value? Why It Might Be Time to Try Phillips 66 (PSX)

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

Why Is Phillips 66 (PSX) Down 6.3% Since Last Earnings Report?

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

Phillips 66 Partners LP (PSXP) Up 0.8% Since Last Earnings Report: Can It Continue?

Phillips 66 Partners (PSXP) is expected to grow on the back of its stable fee-based revenue generating prowess and major growth projects.

Here's Why You Should Hold On to Phillips 66 Partners (PSXP)

Kinder Morgan

These high-yielding midstream companies go head to head.

Better Buy: Kinder Morgan Canada vs. Phillips 66 Partners

Philip Morris

Verizon

Walgreens

Massive volatility, huge up and down market swings, recession fears, geopolitical fears, the election cycle in full swing.

Why Jefferies US Dividend Watch Stocks May Be the Best 2019 Buys Now

CBRE Group

PagSeguro Digital

Companhia Siderurgica Nacional

Zebra Technologies

Ken Heebner (Trades, Portfolio)'s Capital Growth Management sold shares of the following stocks in the second quarter.

Ken Heebner's Firm Exits Zebra Technologies, Phillips 66 and more..

Top Research Reports: Chevron, AbbVie, Phillips 66 & More

Phillips 66 Partners (PSXP) benefits from a significant improvement in cash and cash equivalents through the June quarter.

Phillips 66 Partners' (PSXP) Q2 Earnings & Revenues Beat

Phillips 66 (PSX) CEO Greg Garland on Q2 2019 Results - Earnings Call Transcript

Phillips 66 Partners LP (PSXP) on Q2 2019 Results - Earnings Call Transcript

Contributions from pipeline transportation businesses support Phillips 66's (PSX) Q2 earnings.

Phillips 66 (PSX) Q2 Earnings Beat on Midstream Strength

Phillips 66 (PSX) delivered earnings and revenue surprises of 11.85% and -4.57%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Phillips 66 (PSX) Q2 Earnings Beat Estimates

It is evident from recent events that tensions in the Middle East no longer play a big role in determining oil price movement.

Are Middle East Tensions Still a Key Driver of Oil Prices?

Robust domestic economic growth through the quarter has likely boosted demand for products like gasoline, diesel and petrochemicals, driving Phillips 66's (PSX) marketing and chemicals businesses.

News for Phillips 66 Stock (PSX)