Phillips 66 (PSX) Earnings Beat Reflects 'Strong Market Environment'
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Phillips 66 Reports Second-Quarter 2022 Financial Results
July 29, 2022 7:00 AM EDTReported second-quarter earnings of $3.2 billion or $6.53 per share; adjusted earnings of $3.3 billion or $6.77 per share Generated $1.8 billion of operating cash flow; $3.6 billion excluding working capital Repaid $1.5 billion of debt Returned $533 million to shareholders through dividends and share repurchases Continued record-setting NGL fractionated volumes Strong refining operations including execution of planned turnarounds Received API pipeline safety award for second consecutive year Announced final investment decision on Rodeo Renewed project
HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX), a diversified energy company, announces second-quarter 2022... More
