Phillips 66 (PSX) Tops Q4 EPS by $2.01

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Phillips 66 Reports Fourth-Quarter Earnings of $2.2 Billion or $4.82 Per Share

February 8, 2019 7:00 AM EST

Adjusted earnings of $2.3 billion or $4.87 per share

Highlights

Fourth Quarter

Delivered strong reported earnings and record adjusted earnings Generated $4.1 billion of operating cash flow, including $840 million from equity affiliates Returned $864 million to shareholders through dividends and share repurchases Achieved 99 percent Refining utilization and record market capture Generated record Midstream and Marketing results Phillips 66 Partners achieved five-year 30 percent distribution CAGR

Full-Year 2018

Sustained record-low recordable injury rate Reported... More