Phillips 66 is a diversified energy manufacturing and logistics company that focuses on the refining, transportation, and marketing of petroleum products. The company operates a network of refineries that produce a wide range of fuels and petrochemical products, contributing to the energy supply chain. Additionally, Phillips 66 is involved in the development of midstream and downstream activities, including the transportation of crude oil and refined products through pipelines and terminals. The company's operations emphasize safety, reliability, and environmental stewardship as they meet the energy needs of their customers while fostering innovation in energy technologies. Read More
Wall Street looked set to close the week on a high note, with large-cap benchmarks pushing higher in Friday's midday trading as optimism over corporate earnings and progress on global trade talks provided support for risk assets.
Phillips 66 reported strong Q2 results with adjusted earnings of $2.38 per share, beating expectations. Revenue also exceeded estimates at $33.52 billion.
Let's have a look at what is happening on the US markets before the opening bell on Friday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.20 per share on Phillips 66 common stock. The dividend is payable on Sept. 2, 2025, to shareholders of record as of the close of business on Aug. 19, 2025.
