Phillips 66 (PSX) Tops Q1 EPS by 41c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. TSLA
6. META
7. RTX
8. SMCI
9. GOOGL
10. S

Go back to Phillips 66 (PSX) Tops Q1 EPS by 41c

Phillips 66 Reports First-Quarter 2020 Financial Results

May 1, 2020 7:00 AM EDT

Reported a first-quarter loss of $2.5 billion or $(5.66) per share; adjusted earnings of $450 million or $1.02 per share Generated strong underlying results in Midstream and Marketing businesses Received industry recognition for exemplary 2019 safety performance at five refineries Secured $3 billion in additional liquidity through term loan and senior notes Announced 2020 capital spending and operating cost reductions Returned $839 million to shareholders in the quarter; suspended share repurchases in March Recently started full operations on the Gray Oak Pipeline Contributed $3 million to COVID-19 relief efforts

HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE:... More