Common stock, $0.01 par value
- Symbol
- PSX
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 9.01 · 8-K
PHILLIPS 66
PSXNYSEEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 4, 2026, Phillips 66 issued a press release announcing the company's financial and operating results for the quarter ended December 31, 2025. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference.…
Press release in this filing
Strategic Priorities Progress and Business Highlights →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
Recent company filings
- 10-Q filingOct 28, 2026
- Results of Operations and Financial ConditionOct 28, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsOct 5, 2026
- Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet ArrangementAug 21, 2026
- 4 filingAug 11, 2026
Registered securities in this filing
Phillips 66 · 8-K · Filed 2026-02-04
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition.
On February 4, 2026, Phillips 66 issued a press release announcing the company's financial and operating results for the quarter ended December 31, 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)
Exhibit 99.1 Fourth Quarter • Reported fourth-quarter earnings of $2.9 billion or $7.17 per share; adjusted earnings of $1.0 billion or $2.47 per share; including $239 million of pre-tax accelerated depreciation on Los Angeles Refinery • Achieved record NGL transportation and fractionation volumes of over 1 MMBD each • Delivered record clean product yield of 88% and operated at 99% crude capacity utilization in Refining • Generated $2.8 billion of net operating cash flow, $2.0 billion excluding working capital • Reduced debt by $2.0 billion during the quarter, ending the year at $19.7 billion Full-Year 2025 • Earnings of $4.4 billion or $10.79 per share and adjusted earnings of $2.6 billion or $6.44 per share; including $964 million of pre-tax accelerated depreciation on Los Angeles Refinery • Enhanced the portfolio through asset dispositions and acquisitions, each totaling $3.5 billion • Achieved record NGL transportation and fractionation volumes, an increase of 22% and 23%, respectively, over the prior year. • Record clean product yield and third-consecutive year above industry-average crude utilization • Generated $5.0 billion of net operating cash flow, $6.1 billio…
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