8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Phillips 66 reports $3.8 billion second-quarter earnings and cuts debt
Filed with the SEC on · Summarized by InvestorsBot
On August 5, 2026, Phillips 66 reported $3.847 billion in earnings, or $9.55 diluted EPS, for the quarter ended June 30, compared with $207 million in the first quarter; adjusted earnings were $3.788 billion, or $9.41 per share. Refining led results with $3.062 billion in pre-tax income as realized margins rose to $24.08 per barrel, while the company reduced total debt by $6.6 billion to $20.565 billion and returned $887 million to shareholders through dividends and stock repurchases.