Loading...
•
Jun 30, 2022
Phillips 66 Q2 2022 Earnings Report
Phillips 66 reported strong second-quarter earnings driven by a tight global product supply and demand balance.
Key Takeaways
Phillips 66 reported second-quarter earnings of $3.2 billion, or $6.53 per share. Adjusted earnings were $3.3 billion, or $6.77 per share. The company generated $1.8 billion of operating cash flow and repaid $1.5 billion of debt. They also returned $533 million to shareholders through dividends and share repurchases.
Reported second-quarter earnings of $3.2 billion or $6.53 per share; adjusted earnings of $3.3 billion or $6.77 per share
Generated $1.8 billion of operating cash flow; $3.6 billion excluding working capital
Repaid $1.5 billion of debt
Returned $533 million to shareholders through dividends and share repurchases
Revenue by Segment
Forward Guidance
Phillips 66 is continuing its business transformation that will enable sustainable cost reductions of at least $700 million annually across the enterprise.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...