secwatch.observer — SEC 8-K summary
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Issuer:     Phillips 66 (PSX)
CIK:        0001534701
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001534701-24-000129
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phillips 66 reports Q2 2024 earnings of $1.0 billion, or $2.38 per share
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- Second-quarter earnings of $1.0 billion, or $2.38 per share; adjusted earnings of $984 million, or $2.31 per share
- Returned $1.3 billion to shareholders through dividends and share repurchases
- Record Midstream NGL pipeline and fractionation volumes, with synergy capture driving lower costs
- Refining operations achieved 98% crude utilization and 86% clean product yield, lowering costs per barrel
- Cash flow from operations of $2.1 billion; net debt-to-capital ratio improved to 36%

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534701/000153470124000129/0001534701-24-000129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534701/000153470124000129/psx-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001534701-24-000129

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