Phillips 66 (PSX) Tops Q3 EPS by 65c

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Go back to Phillips 66 (PSX) Tops Q3 EPS by 65c

Phillips 66 Reports Third-Quarter Earnings of $1.5 Billion or $3.18 Per Share

October 26, 2018 7:00 AM EDT

Adjusted earnings of $1.5 billion or $3.10 per share

Highlights

Delivered record adjusted earnings per share Achieved Refining market capture of 94 percent Generated record Midstream net income from higher throughputs Realized strong Marketing margins Cash distributions from equity affiliates of $910 million; $2.1 billion year to date Returned $775 million to shareholders through dividends and share repurchases Phillips 66 Partners increased Gray Oak Pipeline capacity to 900,000 barrels per day

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