{"schema_version":"secwatch.filing_event.v1","accession":"0001534701-25-000153","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2025-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.673965+00:00","generated_at":"2026-05-17T01:38:42.573423+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Phillips 66 Q3 GAAP EPS $0.32 vs $2.15 Q2; adjusted EPS $2.52; completes WRB buy","bullets":["Q3 GAAP net earnings $133M ($0.32 diluted EPS); includes $241M pre-tax accelerated depreciation on LA Refinery.","Adjusted earnings $1,025M ($2.52 adjusted EPS); adjusted EBITDA $2,594M; Refining utilization 99% with 86% clean product yield.","Completed acquisition of remaining 50% interest in WRB Refining LP (Wood River & Borger) on Oct 1, gaining full ownership.","Net operating cash flow $1.2B ($1.9B ex-working capital); returned $751M to shareholders via buybacks ($267M) and dividends ($484M).","Advanced NGL and Chemicals projects; ceased crude processing at LA Refinery on Oct 16; Germany/Austria retail divestiture on track by year end."],"urls":{"canonical":"https://secwatch.observer/filing/0001534701-25-000153","json":"https://secwatch.observer/filing/0001534701-25-000153.json","markdown":"https://secwatch.observer/filing/0001534701-25-000153.md","text":"https://secwatch.observer/filing/0001534701-25-000153.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000153470125000153/0001534701-25-000153-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000153470125000153/psx-20251029.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:38:42.573423+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"}