Phillips 66

Phillips 66 Company has amended its accounts receivable securitization program, increasing its committed facility size and extending its maturity date.

Phillips 66 announced robust second-quarter 2026 financial and operating results, highlighted by a substantial increase in earnings and a significant reduction in total debt.

Phillips 66 shareholders elected directors, approved executive compensation on an advisory basis, and ratified the appointment of Ernst & Young LLP as the independent auditor at the May 13, 2026 Annual Meeting.

Phillips 66 announced first-quarter 2026 earnings of $207 million, or $0.51 per share, navigating market volatility with a strong balance sheet and integrated business model.

Phillips 66 provides preliminary Q1 2026 financial guidance, anticipating significant mark-to-market losses on derivative positions due to rising commodity prices, impacting refining, marketing, and renewable fuels segments.

Phillips 66 Company, a subsidiary of Phillips 66, secured a new $2.25 billion 364-day term loan and increased its receivables securitization program to $1.75 billion, with potential for further expansion to $2.0 billion.

Phillips 66 reported a significant decrease in net income for the first quarter of 2026 compared to the prior year, primarily due to a large gain on asset disposition in 2025 and unfavorable commodity derivative impacts.

Phillips 66 reported a significant drop in Q3 2025 net income to $133 million, primarily due to a $948 million impairment on its WRB Refining LP investment and accelerated depreciation, despite strong Midstream segment growth.

Phillips 66 reported a decrease in second-quarter 2025 net income, impacted by accelerated depreciation from the Los Angeles Refinery idling plan and lower chemical margins, despite improved refining and marketing performance.

Phillips 66's Q1 2025 earnings were $487 million, down from $748 million in Q1 2024, primarily due to lower refining margins and turnaround activity.

Phillips 66's third-quarter earnings were significantly lower than the previous year due to decreased refining margins and a large litigation accrual, despite some gains in other areas.

Phillips 66 announced a net income of $1 billion for the second quarter of 2024, despite a decrease in refining margins compared to the same period last year.

Phillips 66 reported a significant increase in 2025 net income to $4.4 billion, driven by strategic asset dispositions and improved refining margins, while advancing its Midstream and Renewable Fuels segments.

Phillips 66 reports $2.1 billion in earnings for 2024 and outlines strategic priorities through 2027, focusing on shareholder returns, operational excellence, and disciplined growth.

Phillips 66's 2023 annual report reveals a net income of $7 billion, alongside strategic updates and financial targets.

Richard G Harbison, EVP, Refining of Phillips 66, sold 52,100 shares of common stock on August 12, 2026 for $223.76 per share.

Brian Mandell, Executive Vice President of Phillips 66, sold 33,300 shares of common stock on August 10, 2026.

Lisa Ann Davis, a Director of Phillips 66, sold 1,515 shares of common stock on August 10, 2026.

Ann M Kluppel, SVP and Controller of Phillips 66, sold 7,834 shares of common stock on August 7, 2026.

Vanessa Allen Sutherland, EVP, GC and Secretary of Phillips 66, sold 3,523 shares of common stock on July 21, 2026 for $211.05 per share.

Vanessa Allen Sutherland, EVP, GC and Secretary of Phillips 66, sold 4,086 shares of common stock on July 20, 2026.

Phillips 66 outlines strategic priorities, executive compensation, and board refreshment in its 2026 Proxy Statement.

Phillips 66 urges shareholders to vote for its nominees and defends its current strategy against Elliott Management's proposal to break up the company.

Phillips 66 encourages shareholders to vote for its director nominees at the 2025 Annual Meeting and highlights its commitment to long-term value.

Phillips 66 has posted materials related to its 2025 Annual Meeting of Shareholders on LinkedIn, urging shareholders to review the definitive proxy statement filed with the SEC.

Phillips 66 publicly disagreed with recommendations from ISS and Glass Lewis regarding director nominees, highlighting concerns about their analysis of Elliott Management's proposals and director independence.

Phillips 66 urges shareholders to vote in favor of its director nominees, emphasizing its strong shareholder returns and disciplined long-term approach in the face of potential disruption from activist investors.

Loreto Manolo Zamora, as Principal of LMZ & Berkshire Hathaway Co., has formally disclosed a 10% beneficial ownership in Phillips 66, valued at an estimated $4 billion.

Vanguard Capital Management disclosed a beneficial ownership of 7.52% of Phillips 66's common stock as of March 31, 2026.

Vanguard Portfolio Management has reported a 5.53% stake in Phillips 66 as of March 31, 2026, holding over 22 million shares.

The Vanguard Group reported a 0% beneficial ownership in Phillips 66 following an internal realignment, with subsidiaries now reporting holdings separately.

The Vanguard Group has reported an increased beneficial ownership of 12.79% in Phillips 66 common stock as of September 30, 2025.

The Vanguard Group has reported an 11.37% beneficial ownership stake in Phillips 66 common stock as of June 30, 2025.

The Vanguard Group has filed an amended Schedule 13G, reporting a 10% beneficial ownership stake in Phillips 66 as of February 28, 2025.