Phillips 66 (PSX) Tops Q1 EPS by 1c

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Phillips 66 Reports First-Quarter Earnings of $204 Million or $0.44 Per Share

April 30, 2019 7:00 AM EDT

Adjusted earnings of $187 million or $0.40 per share

Highlights

Returned $708 million to shareholders through dividends and share repurchases Achieved 98% O&P capacity utilization in Chemicals Delivered record utilization at Sweeny fractionator and Freeport LPG export facility Advanced several large-scale Midstream growth projects Executed major turnaround program impacting five refineries Six refineries received industry recognition for exemplary safety performance Re-imaged over 300 branded sites in Marketing

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