Phillips 66 Reports First-Quarter 2020 Financial Results
Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
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US:NYSE Investor Relations:
investor.phillips66.com/events-and-presentations/default.aspx
Company Research
Source: Business Wire
Reported a first-quarter loss of $2.5 billion or $(5.66) per share; adjusted earnings of $450 million or $1.02 per shareGenerated strong underlying results in Midstream and Marketing businessesReceived industry recognition for exemplary 2019 safety performance at five refineriesSecured $3 billion in additional liquidity through term loan and senior notesAnnounced 2020 capital spending and operating cost reductionsReturned $839 million to shareholders in the quarter; suspended share repurchases in MarchRecently started full operations on the Gray Oak PipelineContributed $3 million to COVID-19 relief efforts HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX), a diversified energy manufacturing and logistics company, announces a first-quarter 2020 loss of $2.5 billion, compared with earnings of $736 million in the fourth quarter of 2019. Excluding special items of $2.9 billion in the first quarter of 2020, primarily impairments related to goodwill and the company’s investment in DCP Mi
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News
- Phillips 66 snaps eight straight days of losses [Seeking Alpha]Seeking Alpha
- Phillips 66 to speak at Goldman Sachs Energy, CleanTech & Utilities ConferenceBusiness Wire
- Phillips 66 Optimizes Portfolio With $865M Pipeline Sale [Yahoo! Finance]Yahoo! Finance
- Laser Photonics Wins Dual Order From Phillips 66 [Yahoo! Finance]Yahoo! Finance
- Phillips 66 to announce fourth-quarter and full-year financial resultsBusiness Wire
PSX
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- 10/29/24 - Miss
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- 12/9/24 - Form 4
- 12/9/24 - Form 4
- 12/9/24 - Form 4
- PSX's page on the SEC website