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

HOUSTON--(BUSINESS WIRE)---- $PSX--Phillips 66 executive management will provide an update on the company's strategic initiatives at its investor day on Nov. 9 in New York.

Phillips 66 to Host Investor Day

U.S. oil refiner Phillips 66 has begun reducing staff at several refineries, refined products terminals and offices as part of a restructuring program, said two people familiar with the matter.

Refiner Phillips 66 cutting staff at refineries, terminals, offices -sources

Phillips 66 is about to report its Q3 2022 results next week. Right now investors are acutely aware of the impact that China's restrictive lockdown policies are having on oil prices. Too aware, if you will.

Phillips 66: Q3 Earnings Should Come Out Strong

Enbridge

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Murphy USA

Shell PLC

Exxon Mobil

When considering oil stock predictions for 2023, the arguably logical choice is that valuations for the sector will rise. Fundamentally, skyrocketing inflation this year imposed substantial burdens on consumers.

7 Oil Stock Predictions for 2023

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Phillips 66 (PSX) is a Top Growth Stock for the Long-Term

HOUSTON--(BUSINESS WIRE)--Phillips 66 announced the installation of FreeWire ultrafast electric-vehicle chargers at its flagship fuel station in Houston.

Phillips 66 and FreeWire Technologies Bring Ultrafast Charging to EV Drivers

Does Phillips 66 (PSX) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Phillips 66 (PSX) a Strong Momentum Stock: Buy Now?

Marathon Petroleum

Valero Energy

Three energy stocks - Marathon (MPC), Valero Energy (VLO) and Phillips 66 (PSX) - are well-poised to gain, though the oil pricing scenario since the onset of the pandemic looks extremely volatile.

Bet on 3 Dividend Stocks to Combat Energy Market Volatility

Phillips 66 (PSX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Phillips 66 (PSX) Is Attractively Priced Despite Fast-paced Momentum

FedEx

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Verizon

Markets have been wildly volatile. Since August the Dow Jones Industrial Average is down about 15%.

The 7 Best Dividend Stocks to Buy for Your Grandkids

Delek US Hlds

DT Midstream

Enservco

The Organization of the Petroleum Exporting Countries (OPEC) and its non-member allies (OPEC+) cut crude oil production by two million barrels per day. Naturally, this action imposes supply flow disruptions that sent prices higher.

7 Energy Stocks to Buy on the Historic OPEC Production Cuts

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Occidental Petroleum

The White House isn't very happy with OPEC's decision to slash oil production by 2 million barrels per day. Consumers won't be big fans either, as the move will likely send gas prices higher.

OPEC's production cut is a win for oil stocks

United States Oil Fund LP

OPEC is the news of the day, but long term there may be good news for oil prices.

Is the Oil Price Going to Keep Going Up?

Dividend stock Phillips 66 is a diversified energy company operating through four segments: midstream, refineries, chemicals and marketing. The post Top Dividend Stock: Phillips 66 Races To Top With Hot Growth And Big Dividend appeared first on Investor's Business Daily.

Top Dividend Stock: Phillips 66 Races To Top With Hot Growth And Big Dividend

Phillips 66 (PSX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Phillips 66 (PSX) Could Beat Earnings Estimates Again

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Oil prices jumped 5% as OPEC+ signaled a production cut.

Why Oil Stocks ExxonMobil, Phillips 66, and Marathon Oil Were Higher Today

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Why Oil Stocks Are In Rally Mode Today

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While everyone across the nation is cheering lower gasoline prices, it is important to remember that the flood of oil from the United States Strategic Petroleum Reserve (SPR) will soon end, after the president has drawn down the emergency use stash to its lowest level since 1984.

Why ‘Strong Buy' Big Dividend Energy Stocks Could Have a Massive Q4 Rally

Large oil refiner Phillips 66, a $36.6 billion market cap company, pays a 5.1% dividend. Profits come from midstream, chemicals, refining, and marketing & specialties. 2Q22 results were exceptional and 3Q22 results are likely to be strong.

Phillips 66 Requires Patience With Many Moving Parts

Why ExxonMobil, Occidental Petroleum, and Phillips 66 Stocks Just Dropped

There are some important factors that make Phillips 66 the better investment right now.

Before You Buy Chevron or Enterprise Products Stock: Here's 1 Energy Dividend Stock I'd Buy First

Over the past week, I have discussed investing in the midstream versus oil and gas sector and the best way to invest in hydrocarbons in the face of the changing climate.

Is This the Best Value in the Midstream Sector?

PSX has dropped $6 since my last Seeking Alpha article recommending investors HOLD the stock due to the pending DCP acquisition bid. That does not appear to be rational given PSX could earn $16/share this year and the new 150,000 bpd Frac4 unit is expected to come online any day now.

Phillips 66: A Coiled Spring Yielding 4.7%

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Savvy investors could use the temporary decline in an upward-trending oil refining market to buy stocks like PBF, VLO and PSX at a discount.

Time to Buy These 3 Refinery Stocks Swamped by Oil's Fall

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When it comes to the overriding narrative of oil stocks to buy in 2022, the framework points to an obvious catalyst: Russia, Russia, Russia. With its invasion of neighboring Ukraine, the action tilted the energy market off kilter.

News for Phillips 66 Stock (PSX)