{"schema_version":"secwatch.filing_event.v1","accession":"0001534701-25-000035","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2025-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.927630+00:00","generated_at":"2026-05-27T04:40:29.432923+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Phillips 66 Q4 earnings $8M, adjusted loss $61M; full-year adj. EPS $6.15","bullets":["Q4 net earnings $8M ($0.01 diluted EPS); adjusted loss of $61M (-$0.15/sh) after $230M LA refinery accelerated depreciation.","Full-year 2024 earnings $2.1B ($4.99/sh); adjusted earnings $2.6B ($6.15/sh); operating cash flow $4.2B.","Returned $5.3B to shareholders in 2024 ($1.1B in Q4) through dividends and buybacks.","Announced agreement to acquire EPIC's NGL business, expected to be accretive and integrated with existing infrastructure.","Set new financial targets: debt reduction, lowered cost structure, EBITDA growth, returning over 50% of operating cash flow to shareholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001534701-25-000035","json":"https://secwatch.observer/filing/0001534701-25-000035.json","markdown":"https://secwatch.observer/filing/0001534701-25-000035.md","text":"https://secwatch.observer/filing/0001534701-25-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000153470125000035/0001534701-25-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000153470125000035/psx-20250131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T04:40:29.432923+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}