Form 8-K · Current report
Phillips 66 8-K, filed Aug 5, 2026
- Filed
- CIK
- 0001534701
- Accession no.
- 0001534701-26-000030
Summary
Phillips 66 reported second-quarter 2026 earnings of $3.8 billion, or $9.55 per diluted share, and adjusted earnings of $3.8 billion, or $9.41 per share, versus $207 million in the prior quarter. The company reduced total debt by $6.6 billion to $20.6 billion and reported record NGL fractionation and LPG export volumes, with refining utilization of 96%.
Key points
- Phillips 66's second-quarter 2026 earnings were $3.8 billion, compared with $207 million in the first quarter.
- Total debt fell by $6.6 billion to $20.6 billion, and net debt was $16.5 billion.
- Refining crude capacity utilization was 96%, and clean product yield was 86%.
- The company achieved full production at the 220 MMCFD Dos Picos II gas plant and announced construction of the 300 MMCFD Zeus Gas Plant and a 100 MBD Coastal Bend NGL Fractionator.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On August 5, 2026, Phillips 66 issued a press release announcing the company's financial and operating results for the quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference. Additional financial and operating information about the quarter is furnished as Exhibit 99.2 hereto and incorporated herein by reference. …
An excerpt of the text as filed with the SEC, cut for length.
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