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Phillips 66. (NYSE:PSX ) Q4 2024 Earnings Conference Call January 31, 2025 12:00 PM ET Company Participants Jeff Dietert - VP, IR Mark Lashier - Chairman & CEO Kevin Mitchell - CFO Don Baldridge - EVP, Midstream and Chemicals Rich Harbison - EVP, Refining Brian Mandell - EVP, Marketing and Commercial Conference Call Participants Neil Mehta - Goldman Sachs Doug Leggate - Wolfe Research Theresa Chen - Barclays Manav Gupta - UBS Jean Ann Salisbury - Bank of America Roger Read - Wells Fargo John Royall - JPMorgan Jason Gabelman - TD Cowen Matthew Blair - Tudor, Pickering, Holt Paul Cheng - Scotiabank Ryan Todd - Piper Sandler Operator Welcome to the Fourth Quarter 2024 Phillips 66 Earnings Conference Call.
PSX Q4 earnings and revenues decline year over year due to lower contributions from its Refining and Chemical segment.
Phillips 66 (PSX -1.07%), an energy company with a focus on the refining, midstream, and chemical sectors, released its fourth-quarter earnings results on Jan. 31. The company reported an adjusted loss per share of $0.15, significantly missing analysts' consensus expectation for a $0.03 loss.
Phillips 66 (PSX) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to earnings of $3.09 per share a year ago.
Refiner Phillips 66 reported a smaller-than-expected loss on Friday.
HOUSTON--(BUSINESS WIRE)--Phillips 66, a leading integrated downstream energy provider, announced fourth-quarter earnings.
Phillips 66 PSX will release its fourth-quarter financial results, before the opening bell, on Friday, Jan. 31, 2025.
Weaker refining margins, lower crude prices and increasing costs are likely to have adversely impacted PSX's Q4 earnings.
The latest trading day saw Phillips 66 (PSX) settling at $121.86, representing a -0.62% change from its previous close.
Phillips 66 (PSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.