Phillips 66 Reports Second-Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Phillips 66 (PSX) Tops Q2 EPS by 18c
July 31, 2020 7:02 AM EDTPhillips 66 (NYSE: PSX) reported Q2 EPS of ($0.74), $0.18 better than the analyst estimate of ($0.92).
Reported a second-quarter loss of $141 million or $0.33 per share; adjusted loss of $324 million or $0.74 per shareGenerated $764 million of operating cash flowIssued $2 billion of senior notes during the quarter; increased term loan capacity by $1 billionStarted full operations on the Gray Oak PipelineReached milestone at South Texas Gateway Terminal with first export cargo loaded in... More