Current Report · Items 2.02, 9.01 · 8-K

PHILLIPS 66

PSXNYSEEQUITYCurrent

Results of Operations and Financial Condition

Filed Oct 29, 2025Accepted Oct 29, 2025, 9:36 AM EDTCIK 1534701Accession 0001534701-25-000153

Company context

Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Texas, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.

Current securities

PSXNYSE · EQUITY · Current

Recent company filings

Disclosure sections

Items 2.02, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 2.02Item 2.02 - Results of Operations

Item 2.02 Results of Operations and Financial Condition. On October 29, 2025, Phillips 66 issued a press release announcing the company's financial and operating results for the quarter ended September 30, 2025. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference. Additional financial and operating information about the quarter is furnished as Exhibit 99.2 hereto and incorporated herein by reference. The information in this report and the exhibits attached hereto shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Filed exhibits (1)

EX-99.1 (by filename) psx-20250930_ex991.htm

EX-99.1 2 psx-20250930_ex991.htm EX-99.1 Document Exhibit 99.1 • Reported third-quarter earnings of $133 million or $0.32 per share; adjusted earnings of $1.0 billion or $2.52 per share; including $241 million of pre-tax accelerated depreciation on Los Angeles Refinery • Operated at 99% capacity utilization in Refining with 86% clean product yield • Achieved record Y-grade throughput and fractionation volumes of 1 MMBD & 930 MBD, respectively • Generated $1.2 billion of net operating cash flow, $1.9 billion excluding working capital • Recently acquired the remaining 50% interest in WRB Refining LP, gaining full ownership of the Wood River and Borger refineries HOUSTON, October 29, 2025 - Phillips 66 (NYSE: PSX) announced third-quarter earnings. “Our third quarter results reflect our continued commitment to world-class operations. Our Refining and Midstream businesses both set records with year-to-date clean product yield and fractionation volumes, respectively. Additionally, our Chemicals business operated at over 100% utilization and generated solid returns in a challenging market,” said Mark Lashier, chairman and CEO of Phillips 66. “Our recent acquisition of the rem…

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