Phillips 66 Reports Third-Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Phillips 66 (PSX) Tops Q3 EPS by 78c
October 30, 2020 7:01 AM EDTPhillips 66 (NYSE: PSX) reported Q3 EPS of ($0.01), $0.78 better than the analyst estimate of ($0.79).
Reported a third-quarter loss of $799 million or $1.82 per share; adjusted loss of $1 million or $0.01 per shareGenerated operating cash flow of $491 million; $795 million excluding working capitalCaptured improved market conditions in Midstream, Chemicals and Marketing & SpecialtiesRecently started operations of Sweeny Fracs 2 and 3Announced San Francisco Refinery conversion into the worlds largest renewable... More