Phillips 66 (PSX) Earnings Beat Reflects 'Strong Market Environment'

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Go back to Phillips 66 (PSX) Earnings Beat Reflects 'Strong Market Environment'

Phillips 66 (PSX) Tops Q2 EPS by $1.02

July 29, 2022 7:03 AM EDT

Phillips 66 (NYSE: PSX) reported Q2 EPS of $6.77, $1.02 better than the analyst estimate of $5.75.

Our earnings reflect the strong market environment during the second quarter driven by a tight global product supply and demand balance, said Mark Lashier, President and CEO of Phillips 66. We are focused... More