AI brief of an SEC Form 8-K · Phillips 66 (PSX)

Phillips 66 Reports Third-Quarter 2026 Earnings of $5.6 Billion and $14.08 Per Share

Positive Impact 4 of 5 earnings

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.

Key points

  • 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.

The filing

CompanyPhillips 66 (PSX)
Form8-K, current report
Filed with the SECOct 28, 2026, 6:47 AM ET
Accession number0001534701-26-000035

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Google Gemini, gemini-3.5-flash-lite) on Oct 29, 2026, 3:00 AM ET, from the text of the filing and its press-release exhibits only.

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.