Phillips 66 is a diversified energy manufacturing and logistics company committed to safely and sustainably providing essential energy products. The company's mission focuses on delivering value through operational excellence, innovation, and environmental stewardship. Phillips 66 operates across various segments, including refining, midstream, and chemicals, leveraging its extensive infrastructure and expertise to optimize supply chains and enhance energy efficiency. By investing in advanced technologies and renewable energy initiatives, Phillips 66 aims to meet the evolving energy needs of its customers while contributing to a lower-carbon future.

PHILLIPS 66

Phillips 66 reported its fourth-quarter 2024 results, revealing a narrower adjusted loss of 15 cents per share, outperforming analysts' expectations of a 20-cent loss. However, the company faced significant challenges, posting an adjusted refining loss of $759 million. Total revenues dropped to $33.99 billion from $38.74 billion in the previous...

Phillips 66 Reports Smaller-than-Expected Fourth Quarter Loss Amid Declining Refining Margins, Boosted by Renewable Fuels Profitability

Phillips 66's fourth-quarter results reveal a narrower-than-expected loss, driven by strong performance in renewable fuels despite a significant decline in refining margins. Can the company's strategic moves and operational efficiencies turn the tide in a challenging market?