Phillips 66

PSX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Phillips 66 Earnings: Strong Refining Performance Suggests Turnaround Gaining Traction

Allen Good

Jul 28, 2025

Phillips 66's second-quarter 2025 earnings exceeded market expectations. Adjusted earnings fell from the year before due to weaker renewable fuels and chemical results, but refining improved, posting a strong operational quarter, after a poor first quarter.

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Phillips 66

Phillips 66 Earnings: Strong Refining Performance Suggests Turnaround Gaining Traction

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