CFRA Upgrades Phillips 66 (PSX) to Buy

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Go back to CFRA Upgrades Phillips 66 (PSX) to Buy

Phillips 66 (PSX) Tops Q4 EPS by 8c

January 31, 2020 7:02 AM EST

Phillips 66 (NYSE: PSX) reported Q4 EPS of $1.64, $0.08 better than the analyst estimate of $1.56.

Fourth Quarter

Returned $810 million to shareholders through dividends and share repurchasesCommenced initial operations on the Gray Oak PipelineOperated at 97% O&P utilization in ChemicalsAchieved 97% utilization in RefiningFormed U.S. West Coast retail marketing joint venture

We maintained our strong safety... More