Phillips 66 (PSX) Tops Q3 EPS by 78c

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Phillips 66 Reports Third-Quarter 2020 Financial Results

October 30, 2020 7:00 AM EDT

Reported a third-quarter loss of $799 million or $1.82 per share; adjusted loss of $1 million or $0.01 per share Generated operating cash flow of $491 million; $795 million excluding working capital Captured improved market conditions in Midstream, Chemicals and Marketing & Specialties Recently started operations of Sweeny Fracs 2 and 3 Announced San Francisco Refinery conversion into the worlds largest renewable fuels plant

HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX), a diversified energy manufacturing and logistics company, announces a third-quarter 2020 loss of $799 million, compared with a loss of $141 million in the second... More