Phillips 66 (PSX) Tops Q3 EPS by 97c

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Go back to Phillips 66 (PSX) Tops Q3 EPS by 97c

Phillips 66 Reports Third-Quarter Earnings of $1.6 Billion or $2.90 Per Share

October 30, 2015 7:00 AM EDT

Adjusted earnings of $1.6 billion or $3.02 per share

Highlights

Refining generated more than $1 billion of earnings; 96 percent utilization Delivered strong Marketing and Specialties earnings Agreed to recapitalize DCP Midstream Approved 2016 capital budgets of $3.9 billion, including Phillips 66 Partners Increased share repurchase program by $2 billion

HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, announces third-quarter earnings of $1,578 million, compared with earnings of $1,012 million in... More