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Sep 30, 2021
Phillips 66 Q3 2021 Earnings Report
Phillips 66 reported improved earnings and cash generation due to strong performance in Midstream, Chemicals, Marketing and Specialties businesses, and improved Refining margins.
Key Takeaways
Phillips 66 reported third-quarter earnings of $402 million, or $0.91 per share, and adjusted earnings of $1.4 billion, or $3.18 per share. The company generated $2.2 billion of operating cash flow and delivered strong results in Midstream, Chemicals, and Marketing and Specialties, with a significant improvement in Refining realized margins.
Reported third-quarter earnings of $402 million or $0.91 per share; adjusted earnings of $1.4 billion or $3.18 per share
Generated $2.2 billion of operating cash flow; $1.4 billion excluding working capital
Delivered strong Midstream, Chemicals, and Marketing and Specialties earnings
Significant improvement in Refining realized margins
Phillips 66
Phillips 66
Phillips 66 Revenue by Segment
Revenue by Segment
Midstream earnings Revenue
CapyFin.comChemicals earnings Revenue
CapyFin.comRefining earnings Revenue
CapyFin.comMarketing & Specialties Revenue
CapyFin.comCorporate & Other Revenue
CapyFin.com