{"schema_version":"secwatch.filing_event.v1","accession":"0001534701-23-000076","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.307823+00:00","generated_at":"2026-06-16T01:02:57.980076+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Phillips 66 Q1 earnings $2.0B ($4.20/sh); dividend up 8% to $1.05, $800M buyback","bullets":["Earnings $2.0B ($4.20/sh) vs. $582M in Q1 2022; adjusted EPS $4.21. Operating cash flow $2.5B ex working capital.","Returned $1.3B to shareholders: $800M share repurchases + $486M dividends; quarterly dividend raised 8% to $1.05.","Refining pre-tax $1.6B; market capture 93% on 90% crude utilization. Turnaround costs $234M.","Midstream pre-tax $702M; DCP employees transitioned Apr 1; public-unit buy-in expected to close Q2 2023.","Business transformation run-rate savings >$600M; on track for $1B by year-end 2023. Rodeo renewables start Q1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001534701-23-000076","json":"https://secwatch.observer/filing/0001534701-23-000076.json","markdown":"https://secwatch.observer/filing/0001534701-23-000076.md","text":"https://secwatch.observer/filing/0001534701-23-000076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000153470123000076/0001534701-23-000076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000153470123000076/psx-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:02:57.980076+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":"e76b78b043d4e841d3cb251be0c17567894bb57c","claim":"Phillips 66 reported financial results for the quarter ended March 31, 2023.","evidence_excerpt":"On May 3, 2023, Phillips 66 issued a press release announcing the company's financial and operating results for the quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534701/000153470123000076/0001534701-23-000076-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"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"}