Oct 28, 6:47 AM ET
Phillips 66 announced third-quarter 2026 earnings of $5.6 billion, or $14.08 per share, driven by strong performance in its Refining segment with 98% crude capacity utilization. The company returned $2.8 billion to shareholders through dividends and share repurchases while reducing total debt by $2.0 billion.
- Reported third-quarter earnings and adjusted earnings of $5.6 billion, or $14.08 per diluted share.
- Crude capacity utilization reached 98% with record Central Corridor processed inputs of 848 MBD.
- Returned $2.8 billion to shareholders through dividends and share repurchases.
- Total debt decreased by $2.0 billion to $18.5 billion as of September 30, 2026.
Read the filing on SEC.gov ↗
Oct 5, 8:30 AM ET
Phillips 66 said Executive Vice President of Refining Richard G. Harbison notified the company on September 29, 2026 that he intends to retire, effective December 31, 2026. The filing does not name a successor or give reasons for the departure.
- Richard G. Harbison, Executive Vice President, Refining, intends to retire.
- Notice was provided to the company on September 29, 2026.
- Retirement is effective December 31, 2026.
- The filing does not name a successor.
Read the filing on SEC.gov ↗
Aug 21, 4:58 PM ET
Phillips 66 Company, a subsidiary of Phillips 66, amended its accounts receivable securitization program on August 20, 2026. The amendment raises the committed facility from $1.75 billion to $2 billion, adds an uncommitted facility of up to $250 million, and extends the maturity from September 28, 2026 to August 19, 2027.
- Maximum committed facility size increased from $1.75 billion to $2 billion
- Uncommitted facility of up to $250 million established
- Maturity extended from September 28, 2026 to August 19, 2027
- Agreement is with PNC Bank, National Association, as administrative agent
Read the filing on SEC.gov ↗
Aug 5, 10:03 AM ET
Phillips 66 reported second-quarter 2026 earnings of $3.8 billion, or $9.55 per diluted share, compared with $207 million, or $0.51 per share, in the first quarter. Adjusted earnings were $3.8 billion, or $9.41 per share, and the company reduced total debt by $6.6 billion to $20.6 billion, which matters to shareholders because it lowers the company's financial obligations while earnings rose.
- Adjusted diluted EPS was $9.41 for Q2 2026, versus $0.49 in Q1 2026 and $2.38 in Q2 2025.
- Total debt fell $6.6 billion to $20.6 billion as of June 30, 2026; net debt was $16.5 billion.
- Refining crude capacity utilization was 96%, and Refining adjusted pre-tax income was $3.1 billion versus $208 million in Q1.
- Shareholder returns in Q2 included $508 million in dividends and $379 million in share repurchases.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.