Phillips 66 (NYSE: PSX) reported first quarter 2020 earnings results today. Total revenues and other income amounted to $21.2 billion compared to $23.6 billion last year. The company posted a net loss of $2.5 billion, or $5.66 per share, on a reported basis. Adjusted earnings was $450 million, or $1.02 per share. The firm returned […]
“Phillips 66 (NYSE: PSX) reported first quarter 2020 earnings results today. Total revenues and other income amounted to $21.2 billion compared to $23.6 billion last year. The company posted a net loss of $2.5 billion, or $5.66 per share, on a reported basis. Adjusted earnings was $450 million, or $1.02 per share. The firm returned […]
· May 1, 2020
Phillips 66 (NYSE: PSX) reported first quarter 2020 earnings results today.
Total revenues and other income amounted to $21.2 billion compared to $23.6 billion last year.
The company posted a net loss of $2.5 billion, or $5.66
per share, on a reported basis. Adjusted earnings was $450 million, or $1.02
per share.
The firm returned $839 million to shareholders in the quarter and suspended its share repurchases in March.
