earnings
confidence high
sentiment positive
materiality 0.85
Phillips 66 Q2 2025 earnings $877M ($2.15/share); adjusted $973M ($2.38)
Phillips 66
2025-Q2 EPS reported
$3.32
revenue$63,753,000,000
- Refining ran at 98% utilization, highest since 2018; clean product yield record YTD.
- Completed Midstream acquisition of EPIC NGL (renamed Coastal Bend); contributed to ~$1B adj. EBITDA.
- Announced sale of 65% interest in Germany/Austria retail marketing business.
- Generated $845M operating cash flow, $1.9B excl. working capital; returned $906M to shareholders.
- Net debt-to-capital ratio 41%; capital expenditures & investments $587M.
item 2.02item 9.01