{"schema_version":"secwatch.filing_event.v1","accession":"0001534701-23-000115","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.233120+00:00","generated_at":"2026-06-12T13:19:45.805151+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Phillips 66 Q2 2023 adj. EPS $3.87; Refining down; completes $3.8B DCP deal","bullets":["Q2 reported earnings $1.7B ($3.72/diluted share); adjusted earnings $1.8B ($3.87/share), down from Q1 adjusted $2.0B.","Refining pre-tax income fell to $1,134M from $1,608M QoQ; realized margin dropped to $15.32/bbl from $20.72.","Completed $3.8B acquisition of DCP Midstream LP public units on June 15; expects $1B annual EBITDA and >$400M synergies by 2025.","Marketing & Specialties pre-tax income rose to $644M from $426M QoQ on higher global marketing margins.","Returned $1.8B to shareholders ($1.3B buybacks, $474M dividends); $5.4B returned since July 2022 toward $10-12B target."],"urls":{"canonical":"https://secwatch.observer/filing/0001534701-23-000115","json":"https://secwatch.observer/filing/0001534701-23-000115.json","markdown":"https://secwatch.observer/filing/0001534701-23-000115.md","text":"https://secwatch.observer/filing/0001534701-23-000115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000153470123000115/0001534701-23-000115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000153470123000115/psx-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T13:19:45.805151+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":"ad56dcfbe247f5170834591349a3a75ff5e64f6d","claim":"Phillips 66 reported second-quarter 2023 results: net income $1.7 billion, EPS $3.72 per share.","evidence_excerpt":"Phillips 66 Reports Second-Quarter 2023 Financial Results • Reported second-quarter earnings of $1.7 billion or $3.72 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534701/000153470123000115/0001534701-23-000115-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second-quarter 2023"},{"label":"Net income","value":"$1.7 billion"},{"label":"EPS","value":"$3.72 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"}