Phillips 66 Beats Q3 Earnings and Revenue Estimates
Key Facts
Phillips 66 reported non-GAAP EPS of $14.08 for the third quarter of 2026, surpassing analyst estimates by $2.29. According to Seeking Alpha, the company's revenue reached $51.5 billion, exceeding expectations by $8.27 billion.
PSX closed at $268.53 on October 27, 2026, prior to the release of financial results that demonstrated significant outperformance in top and bottom-line metrics. The stock traded between a low of $267.33 and a high of $287.88 during the October 27, 2026 session.
Latest Updates · 4
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Update: Phillips 66 reported a jump in cash flow during the third quarter of 2026. This cash flow growth occurred alongside the company's earnings and revenue beat for the period ending September 30, 2026.
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Update: Phillips 66 posted record quarterly profit during this period, as strength in its refining business drove the overall financial results. High refining margins contributed to operational profitability that surpassed previous historical levels.
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Update: Phillips 66 recorded a jump in cash flow during the third quarter of 2026. This cash flow growth occurred alongside the company's earnings and revenue beat reported on October 28, 2026.
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Update: Ongoing tensions in the Middle East boosted Phillips 66's refining margins by driving higher demand for US fuel exports. This increase in export activity served as a primary driver for the company's significant third-quarter earnings outperformance.