Phillips 66 Reports Q1 2026 Earnings with Adjusted Earnings of $0.49 Per Share
Phillips 66 (PSX) reported Q1 2026 earnings of $0.51 per share, with adjusted earnings at $0.49 per share. The company faced a mark-to-market loss of $839 million from short derivative positions and returned $778 million to shareholders through dividends and share repurchases.
Topics: Capital Spending Debt Reduction Dividend Earnings Financial Results