Phillips 66 Q4 net income $1.9B ($3.97 EPS); agrees to buy DCP Midstream common units for cash

Phillips 66

2022-FY EPS reported $23.27 revenue$169,990,000,000

Q4 GAAP EPS $3.97 on net income $1.9B; adjusted EPS $4.00; full-year adjusted EPS $18.79.
Operating cash flow $4.8B in Q4; returned $1.2B to shareholders via dividends and buybacks.
Authorized $5B increase to share repurchase program; approved $2B 2023 capital program.
Agreement to acquire all publicly held common units of DCP Midstream; expected close Q2 2023.
CPChem and QatarEnergy FID on $8.5B Golden Triangle Polymers and $6.0B Ras Laffan petrochemical projects.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Phillips 66 reported Full-Year 2022 results: net income $11.0 billion, EPS $23.27 per share.

Period: Full-Year 2022
Net income: $11.0 billion
EPS: $23.27 per share
Result: reported results

Exact text from the filing

Full-Year 2022 • Reported 2022 earnings of $11.0 billion or $23.27 per share; adjusted earnings of $8.9 billion or $18.79 per share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Phillips 66 reported the quarter ended December 31, 2022 results: net income $1.9 billion, EPS $3.97 per share.

Period: the quarter ended December 31, 2022
Net income: $1.9 billion
EPS: $3.97 per share
Result: reported results

Exact text from the filing

Phillips 66 Reports Fourth-Quarter 2022 Financial Results Fourth Quarter • Reported fourth-quarter earnings of $1.9 billion or $3.97 per share; adjusted earnings of $1.9 billion or $4.00 per share

View on SEC.gov

3 earnings releases filed in the last 30 days. Browse all earnings releases →

Phillips 66 filing history →

Source: SEC EDGAR

accession 0001534701-23-000030

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.