{"schema_version":"secwatch.filing_event.v1","accession":"0001534701-26-000003","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2026-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.363372+00:00","generated_at":"2026-05-16T04:54:42.000448+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 Q4 GAAP EPS $7.17, adj. $2.47; full-year 2025 adj. EPS $6.44","bullets":["Q4 reported earnings $2.9B ($7.17/diluted); adjusted earnings $1.0B ($2.47/diluted) including $239M pretax accelerated depreciation on L.A. Refinery.","Full-year 2025 earnings $4.4B ($10.79/diluted); adjusted $2.6B ($6.44) including $964M pretax accelerated depreciation.","Record NGL transportation and fractionation volumes over 1 MMBD each; record clean product yield 88%, Refining crude utilization 99%.","Generated $2.8B Q4 operating cash flow; reduced debt by $2.0B to $19.7B; returned $3.1B to shareholders in 2025 (50%+ of operating cash flow).","Acquired remaining 50% of WRB Refining; sold 65% interest in Germany/Austria retail; announced 2026 capex $2.4B; agreed to acquire Lindsey Oil Refinery."],"urls":{"canonical":"https://secwatch.observer/filing/0001534701-26-000003","json":"https://secwatch.observer/filing/0001534701-26-000003.json","markdown":"https://secwatch.observer/filing/0001534701-26-000003.md","text":"https://secwatch.observer/filing/0001534701-26-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000153470126000003/0001534701-26-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000153470126000003/psx-20260204.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:54:42.000448+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"}