{"schema_version":"secwatch.filing_event.v1","accession":"0001534701-23-000030","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2023-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.478771+00:00","generated_at":"2026-06-20T05:22:00.042980+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Phillips 66 Q4 net income $1.9B ($3.97 EPS); agrees to buy DCP Midstream common units for cash","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001534701-23-000030","json":"https://secwatch.observer/filing/0001534701-23-000030.json","markdown":"https://secwatch.observer/filing/0001534701-23-000030.md","text":"https://secwatch.observer/filing/0001534701-23-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000153470123000030/0001534701-23-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000153470123000030/psx-20230131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T05:22:00.042980+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"35150bef2724342ee6a1de0860d994965deb509a","claim":"Phillips 66 reported Full-Year 2022 results: net income $11.0 billion, EPS $23.27 per share.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534701/000153470123000030/0001534701-23-000030-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full-Year 2022"},{"label":"Net income","value":"$11.0 billion"},{"label":"EPS","value":"$23.27 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"602a99832ca98b2dec05ed8c4585a092221aa161","claim":"Phillips 66 reported the quarter ended December 31, 2022 results: net income $1.9 billion, EPS $3.97 per share.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534701/000153470123000030/0001534701-23-000030-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Net income","value":"$1.9 billion"},{"label":"EPS","value":"$3.97 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}