Phillips 66

PSX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Phillips 66 Earnings: Results Hit by Weak Margins, Turnarounds; Could Help Support Activists

Allen Good

Apr 28, 2025

Phillips 66's first-quarter 2025 earnings fell short of market expectations. Weaker margins and a high level of maintenance hit refining while renewable fuels posted a large loss and chemical earnings fell, offsetting midstream gains. Management retracted its 2027 strategic priorities.

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Phillips 66

Phillips 66 Earnings: Results Hit by Weak Margins, Turnarounds; Could Help Support Activists

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