Phillips 66 (PSX) Tops Q2 EPS by 69c
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Phillips 66 Reports Second-Quarter Earnings of $1.3 Billion or $2.84 Per Share
July 27, 2018 7:00 AM EDTAdjusted earnings of $1.3 billion or $2.80 per share
Highlights
Achieved 100 percent utilization in Refining CPChem's new ethane cracker exceeding design rates Generated $2.4 billion in cash from operations Returned $602 million to shareholders through dividends and share repurchases Increased quarterly dividend by 14 percent Began construction of the 300,000 BPD Sweeny Hub NGL expansion project Phillips 66 Partners recently completed Gray Oak Pipeline open seasonHOUSTON--(BUSINESS WIRE)-- Phillips 66... More
