Phillips 66 (PSX) Tops Q3 EPS by 224c

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Go back to Phillips 66 (PSX) Tops Q3 EPS by 224c

Phillips 66 Reports Third-Quarter Results: Delivers 98% Refining Utilization and Strong Midstream Volumes

October 28, 2026 7:00 AM EDT

Reported third-quarter earnings and adjusted earnings of $5.6 billion or $14.08 per share Refining utilization of 98% with record Central Corridor processed inputs of 848 MBD Third-quarter record distillate yield of 41%; clean product yield of 86% Midstream fractionation volumes of 1 MMBD, wellhead volumes of 4.6 Bcf/D and 105% utilization at the Freeport LPG export dock Returned $2.8 billion to shareholders through dividends and share repurchases Decreased total debt by $2.0 billion to $18.5 billion; net debt by $3.8 billion to $12.7 billion

HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX) announced third-quarter earnings.

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