Phillips 66: Q4 Loss Worse Than Forecast
Phillips 66 (NYSE:PSX), an energy company with a focus on the refining, midstream, and chemical sectors, released its fourth-quarter earnings results on Jan. 31. The company reported an adjusted loss per share of $0.
Phillips 66 (PSX) Reports Q4 Loss, Tops Revenue Estimates
Phillips 66 (PSX) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to earnings of $3.09 per share a year ago. These figures are adjusted for non-recurring items.
Top Wall Street Forecasters Revamp Phillips 66 Price Expectations Ahead Of Q4 Earnings
Analysts expect the Houston, Texas-based company to report a quarterly loss at 23 cents per share, versus year-ago earnings of $3.09 per share. Phillips 66 projects quarterly revenue of $32.24 billion, compared to $38.74 billion a year earlier, according to data from Benzinga Pro.
Phillips 66 Q4 Earnings Summary
Below are the earnings highlights for Phillips 66 (PSX): Earnings: $8 million in Q4 vs. $1.260 billion in the same period last year.
Phillips 66 Q4 2024 Earnings Preview: Loss expected amid refining weakness
Phillips 66 (NYSE:PSX) is scheduled to announce Q4 earnings results on Friday, January 31st, during market hours. Wall Street, on average, expects the integrated downstream energy provider to post a quarterly loss of $0.
Phillips 66 4Q Earnings Drop, Hit By Weaker Refining Margins, Depreciation
Phillips 66's earnings fell sharply in the fourth quarter, hit by weaker refining margins and accelerated depreciation of its Los Angeles refinery, which it plans to close later this year. The Houston energy company Friday reported net income of $8 million,
PSX Earnings: Phillips 66 Slips After Missing Q4 EPS Estimates
Energy company Phillips 66 (PSX) saw its stock slip on Friday following the release of its Q4 2024 earnings report. That includes an adjusted
Phillips 66 reports smaller-than-expected fourth quarter loss on renewables strength
Refiner Phillips 66 reported a smaller-than-expected loss on Friday as strength in its renewables segment offset a sharp decline in refining margins. The renewables fuels segment reported a quarterly profit of $28 million,
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Energy Boom: Kirkland and Wachtell Advise on $2.2 Billion Phillips 66/EPIC Merger
As the Trump Administration opens the door to renewed hydrocarbon pipeline construction, energy giant Phillips 66 announced its plan to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own ...
Police: Two suspects steal cigarettes, assault clerk during CT gas station robbery
According to police, the two males allegedly took several cartons of cigarettes by force before fleeing the scene. The clerk, who police say was struck in the face with a fist, declined medical ...
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Phillips 66 strikes $2.2 billion EPIC NGL deal to boost natural gas liquids bet
Phillips 66 has been betting big on NGLs ... Spectrum Capital in a $550 million all-cash deal to expand its natural gas gathering and processing footprint in the midland basin.
Gas station clerk punched in the face during robbery in Newington
NEWINGTON, CT (WFSB) - A gas station clerk was punched in the face during a robbery in Newington Wednesday evening. Police ...
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Robbers punch worker, steal cartons of cigarettes from Newington gas station, police say
Thieves punched a clerk at the Phillips 66 gas station on Willard Road in Newington Wednesday night and stole several cartons of cigarettes, police say.
Phillips 66 Stock Under Pressure As Refining Losses Offset Midstream Gains
Phillips 66 reported a decline in Chemicals segment income and improved loss in Refining segment, with plans to return cash ...
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Phillips 66’s (PSX) $2.2 Billion Gas Asset Deal – Here’s Why Jim Cramer Approves
In this article, we are going to take a look at where Phillips 66 (NYSE:PSX) stands against other stocks that Jim Cramer is watching. Jim Cramer, the host of Mad Money, recently highlighted a ...
Phillips 66 stock underperforms Thursday when compared to competitors
Phillips 66 closed 30.58% short of its 52-week high of $174.08, which the company reached on April 5th.