{"schema_version":"secwatch.filing_event.v1","accession":"0001534701-25-000134","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2025-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.260984+00:00","generated_at":"2026-05-18T01:08:26.756128+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Phillips 66 Q2 2025 earnings $877M ($2.15/share); adjusted $973M ($2.38)","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001534701-25-000134","json":"https://secwatch.observer/filing/0001534701-25-000134.json","markdown":"https://secwatch.observer/filing/0001534701-25-000134.md","text":"https://secwatch.observer/filing/0001534701-25-000134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000153470125000134/0001534701-25-000134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000153470125000134/psx-20250725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T01:08:26.756128+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"}