PSX News and Press, Phillips 66 From 10/30/20

The following slide deck was published by Phillips 66 in conjunction with their 2020 Q3 earnings call. For further details see: Phillips 66 2020 Q3 - Results - Earnings Call Presentation

Phillips 66 ([[PSX]] -0.7%) reports a lighter than expected Q3 adjusted loss, as its marketing and specialties unit benefited from business rebounding at gas stations.Phillips' Q3 GAAP loss was $799M, or $1.82/share, including $798M in impairment charges related to the planned conversion of a...

Phillips 66 (PSX): Q3 Non-GAAP EPS of -$0.01 beats by $0.74; GAAP EPS of -$1.82 misses by $1.16.Press Release For further details see: Phillips 66 EPS beats by $0.74

Reported a third-quarter loss of $799 million or $1.82 per share; adjusted loss of $1 million or $0.01 per share Generated operating cash flow of $491 million; $795 million excluding working capital Captured improved market conditions in Midstream, Chemicals and Marketing &...

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Phillips 66 (NYSE:PSX) is scheduled to announce Q3 earnings results on Friday, October 30th, before market open.The consensus EPS Estimate is -$0.75 and the consensus Revenue Estimate is $17.15B (-38.2% Y/Y).Over the last 2 years, PSX has beaten EPS estimates 88% of the time and has beat...

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Despite its slow-decline heavy crude wells, Berry faces extreme operational risk in California, a state actively rejecting hydrocarbons, such as the governor's order to halt gas-powered car sales by 2035. Additional factors are the drop in demand due to the coronavirus pandemic and th...

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