Education
About Us
Working with TipRanks
Follow Us
Phillips 66 Common Stock (PSX)
NYSE:PSX
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.77Last Year’s EPS
2.31Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 25, 2025
|% Change Since: -1.17%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant shareholder returns and improvements in refining and midstream operations. However, it also noted challenges in the refining and renewable fuels segments, as well as a first quarter adjusted loss. While there are positive strategic developments, the financial results show mixed performance.Company Guidance
In the first quarter of 2025, Phillips 66 returned $716 million to shareholders, despite a challenging macro environment in refining, renewables, and chemicals. The company completed one of its largest spring turnaround programs, impacting volumes and margins, but positioning them well for future success. Phillips 66's refining segment focused on enhancing operational efficiencies, achieving milestones such as a 40,000 barrel per day increase in crude flexibility at the Sweeny Refinery, and reducing VGO imports at the Bayway facility. The Midstream segment, a key growth driver, aims to expand its natural gas processing footprint, with the Dos Picos II plant expected online in Q3 2025 and the Iron Mesa plant by Q1 2027. This expansion aligns with their strategy to organically grow Midstream run-rate adjusted EBITDA to $4.5 billion by 2027. The company also announced a $0.05 per share increase in its quarterly dividend, continuing its commitment to return over 50% of net operating cash flow to shareholders.Strong Shareholder Returns
Returned $716 million to shareholders in Q1 2025, including $247 million in share repurchases. Announced a $0.05 per share increase in the quarterly dividend, marking continued growth.
Midstream Segment Growth
Acquired EPIC NGL on April 1st, expanding takeaway capacity from the Permian. The acquisition is immediately accretive and enhances connectivity to end markets, contributing to a plan to grow Midstream run rate adjusted EBITDA to $4.5 billion by 2027.
Refining Operations Improvement
Completed one of the largest spring turnaround programs safely, on time, and under budget. Achieved greater feedstock flexibility and yield improvements at Sweeny and Bayway refineries.
Successful Asset Divestitures
Divested more than $3.5 billion of non-core assets at high multiples over the past three years.
---
PSX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
PSX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 25, 2025 | $104.69 | $103.97 | -0.69% |
| Jan 31, 2025 | $119.76 | $116.82 | -2.45% |
| Oct 29, 2024 | $126.62 | $121.10 | -4.36% |
| Jul 30, 2024 | $136.80 | $143.38 | +4.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Phillips 66 Common Stock (PSX) report earnings?
Phillips 66 Common Stock (PSX) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Phillips 66 Common Stock (PSX) earnings time?
Phillips 66 Common Stock (PSX) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PSX EPS forecast?
PSX EPS forecast for the fiscal quarter 2025 (Q2) is 1.77.
---
