Phillips 66 (PSX) Misses Q1 EPS by 17c

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Go back to Phillips 66 (PSX) Misses Q1 EPS by 17c

Phillips 66 Reports First-Quarter Results

April 25, 2025 7:00 AM EDT

Reported first-quarter earnings of $487 million or $1.18 per share; adjusted loss of $368 million or $0.90 per share; including $246 million of pre-tax accelerated depreciation on Los Angeles Refinery Returned $716 million to shareholders through dividends and share repurchases Received $2.0 billion in cash proceeds from the previously announced sales of non-operated equity interests in Coop Mineraloel AG and Gulf Coast Express Pipeline LLC Sanctioned construction of new gas processing plant in the Permian Recently closed on acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade LP

HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE:... More