Phillips 66
PSX: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$341.00 | Dlkdkv | Zyxjlpk |
Phillips 66's Q4 Earnings Disappoint, but Shareholder Returns Increase
Phillips 66 reported fourth-quarter earnings that fell short of expectations as it didn’t as fully capitalize on the strong refining market as anticipated. Adjusted earnings increased to $1.9 billion compared with $1.3 billion a year ago as improved refining and marketing earnings offset declines in chemical earnings.