U.S. refiners to post worst second-quarter results in a decade
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Phillips 66 (PSX) Tops Q2 EPS by 18c
July 31, 2020 7:02 AM EDTPhillips 66 (NYSE: PSX) reported Q2 EPS of ($0.74), $0.18 better than the analyst estimate of ($0.92).
Reported a second-quarter loss of $141 million or $0.33 per share; adjusted loss of $324 million or $0.74 per shareGenerated $764 million of operating cash flowIssued $2 billion of senior notes during the quarter; increased term loan capacity by $1 billionStarted full operations on the Gray Oak PipelineReached milestone at South Texas Gateway Terminal with first export cargo loaded in... MoreValero Energy (VLO) Tops Q2 EPS by 16c, Revenues Miss
July 30, 2020 6:33 AM EDTValero Energy (NYSE: VLO) reported Q2 EPS of ($1.25), $0.16 better than the analyst estimate of ($1.41).
Reported net income attributable to Valero stockholders of $1.3 billion, or $3.07 per share.Reported adjusted net loss attributable to Valero stockholders of $504 million, or $1.25 per share.Returned... More