{"schema_version":"secwatch.filing_event.v1","accession":"0001534701-25-000092","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2025-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.668769+00:00","generated_at":"2026-05-23T05:49:26.776847+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 Q1 adjusted loss $368M; reported earnings $487M on $2.0B asset sale proceeds","bullets":["Reported Q1 earnings $487M ($1.18 diluted EPS); adjusted loss $368M ($0.90 loss per share).","Includes $246M pre-tax accelerated depreciation on Los Angeles Refinery; cites large spring turnaround program.","Returned $716M to shareholders via dividends and buybacks.","Received $2.0B cash from sales of stakes in Coop Mineraloel AG and Gulf Coast Express Pipeline.","Sanctioned new Permian gas processing plant; closed EPIC Y-Grade acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001534701-25-000092","json":"https://secwatch.observer/filing/0001534701-25-000092.json","markdown":"https://secwatch.observer/filing/0001534701-25-000092.md","text":"https://secwatch.observer/filing/0001534701-25-000092.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000153470125000092/0001534701-25-000092-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000153470125000092/psx-20250425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T05:49:26.776847+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"}