Phillips 66 (PSX) Tops Q1 EPS by 43c

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Go back to Phillips 66 (PSX) Tops Q1 EPS by 43c

Phillips 66's profit jumps 39 percent on $423 million gain

April 28, 2017 7:09 AM EDT

(Reuters) - U.S. independent oil refiner Phillips 66 (NYSE: PSX) reported a 39 percent rise in quarterly profit, helped by a $423 million one-time gain from the consolidation of a petroleum coking venture.

The company's consolidated earnings rose to $535 million, or $1.02 per share, in the... More