Phillips 66 Reports First-Quarter Earnings of $204 Million – TankTerminals

Phillips 66 funded $364 million of dividends and $344 million of share repurchases in the quarter. The company ended the quarter with 454 million shares outstanding.

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 · Our earnings decreased $320 million, or 61%, in the first quarter of 2019, mainly reflecting: Lower realized refining margins. Lower equity in earnings from CPChem.

NEW YORK/HOUSTON, July 2 A year-old bottleneck of crude in West Texas is shifting east as new pipelines prepare to begin operations without enough connections or storage for the smooth movement of.

Phillips 66 announces first-quarter 2018 earnings of $524 million and adjusted earnings of $512 million. phillips 66 reports First-Quarter Earnings of $524 Million or $1.07 Per Share

Phillips 66 PSX Stock Message Board: Phillips 66 Reports First-Quarter Earnings of $1.6 Billion

 · HOUSTON (AP) _ Phillips 66 (PSX) on Tuesday reported first-quarter net income of $204 million. On a per-share basis, the Houston-based company said it had net income of 44 cents.

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For the fourth quarter of 2016, this amount includes $182 for accelerated stock-based compensation expenses. For the year, this amount includes $865 for accelerated stock-based compensation expenses.

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HOUSTON–(BUSINESS WIRE)–Phillips 66 Partners LP (NYSE: PSXP) announces first-quarter 2018 earnings of $172 million, or $0.87 per diluted common unit. Cash from operations was $171 million, and.

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HOUSTON–(BUSINESS WIRE)–Apr 27, 2018–Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, announces first-quarter 2018 earnings of $524 million and adjusted earnings of $512.

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 · HOUSTON–(BUSINESS WIRE)–Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, announces first-quarter 2018 earnings of $524 million and adjusted earnings of $512 million.

Capital expenditures and investments in the first quarter were $1.1 billion. Excluding $422 million of capital spending funded by Gray Oak joint venture partners, adjusted capital spending was $675 million. Phillips 66 funded $364 million of dividends and $344 million of share repurchases in the quarter.

Phillips 66 Partners’ earnings for the first quarter of 2018 were $172 million, compared with $162 million in the fourth quarter of 2017. The improvement reflects higher equity earnings.

Yes ¨ No x Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ¨ No x Indicate by check mark whether the Registrant: (1) has filed.

. earnings NG in the third quarter 2017 were $52.3 million or $0.18 per common share (basic). During the same period in 2016, the Company reported net earnings (and adjusted earnings NG) of $66.9.