Phillips 66 (PSX) Tops Q2 EPS by 18c
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Phillips 66 Reports Second-Quarter 2020 Financial Results
July 31, 2020 7:00 AM EDTReported a second-quarter loss of $141 million or $0.33 per share; adjusted loss of $324 million or $0.74 per share Generated $764 million of operating cash flow Issued $2 billion of senior notes during the quarter; increased term loan capacity by $1 billion Started full operations on the Gray Oak Pipeline Reached milestone at South Texas Gateway Terminal with first export cargo loaded in July Operated at 103% O&P utilization in Chemicals; record polyethylene sales volumes Recently acquired 95 sites in U.S. West Coast retail marketing joint venture
HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE:... More
