AI English summary of an SEC filing — figures as filed

Phillips 66 said reported earnings and adjusted earnings for Q3 2026 were both $5.6 billion ($14.08 per share). In Q2, reported earnings were $3.8 billion and adjusted earnings were $3.8 billion.

8-KResults of Operations and Financial ConditionFiled Oct 28, 2026Period of report Oct 28, 2026Summary published (UTC) Oct 28, 2026

Key points

AI summary

Phillips 66 said reported earnings and adjusted earnings for Q3 2026 were both $5.6 billion ($14.08 per share). In Q2, reported earnings were $3.8 billion and adjusted earnings were $3.8 billion.
The company said Refining segment adjusted pre-tax income rose to $6,060 million in Q3 from $3,086 million in Q2. Realized margin was $38.00 per barrel in Q2 ($24.08 in the prior year period). The company cited the rise in market crack spreads as the driver of higher margins.
Phillips 66 said it returned $2.8 billion to shareholders through dividends and share repurchases in Q3. It said total debt decreased by $2.0 billion to $18.5 billion, and net debt decreased by $3.8 billion to $12.7 billion.
The company said it had $5.8 billion of cash and cash equivalents as of September 30, 2026, and $6.4 billion of committed capacity available under its credit facilities.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q3 Reported and Adjusted Earnings $5.6 billion

Phillips 66 said reported earnings and adjusted earnings for Q3 2026 were both $5.6 billion ($14.08 per share). In Q2, reported earnings were $3.8 billion and adjusted earnings were $3.8 billion.

Source · Based on the filing body and exhibits

Refining Adjusted Pre-Tax Income and Realized Margins

The company said Refining segment adjusted pre-tax income rose to $6,060 million in Q3 from $3,086 million in Q2. Realized margin was $38.00 per barrel in Q2 ($24.08 in the prior year period). The company cited the rise in market crack spreads as the driver of higher margins.

Source · Based on the filing body and exhibits

Q3 Shareholder Returns and Debt Changes

Phillips 66 said it returned $2.8 billion to shareholders through dividends and share repurchases in Q3. It said total debt decreased by $2.0 billion to $18.5 billion, and net debt decreased by $3.8 billion to $12.7 billion.

Source · Based on the filing body and exhibits

Cash and Credit Facilities as of Q3 End

The company said it had $5.8 billion of cash and cash equivalents as of September 30, 2026, and $6.4 billion of committed capacity available under its credit facilities.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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