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Oilprice.comAug 7, 08:12 EDT

Phillips 66 (PSX) Q2 Earnings Soar on Refining Margin Expansion

Phillips 66 reported blowout Q2 2026 earnings, crushing analyst estimates due to significantly higher refining margins, increased crude utilization, and a strong rebound in its Marketing and Renewabl…

XOM US500

Yahoo FinanceAug 5, 23:10 EDT

Phillips 66 Q2 Earnings Soar on Refining Margin Surge, Debt Cuts

Phillips 66 posted a strong Q2 2026 rebound with $3.85B net income, driven by refining margin expansion, renewable fuels growth, and record midstream volumes, while cutting debt by $6.6B.

WTI BRENT

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