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Although the revenue and EPS for Phillips 66 (PSX) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Here is how Phillips 66 (PSX) and Ultrapar Participacoes S.A. (UGP) have performed compared to their sector so far this year.
Phillips 66 remains a "Buy" as operational improvements and refining investments drive strong Q3 results, with refining utilization at 99%. PSX's refining margins and earnings have rebounded, while chemicals remain weak, but midstream delivers steady growth and cash flow. Debt reduction will be a focus over the next two years, limiting buybacks but supporting financial stability and capital returns.
Although the revenue and EPS for Phillips 66 (PSX) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Phillips 66 (PSX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2025.
PSX gears up for Q3 results as softer crude prices and steady midstream income shape expectations for its refining-driven performance.
Phillips 66 (PSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
U.S. oil refiner Phillips 66 expects to book about $100 million of charges to idle its 139,000-barrel-per-day Los Angeles-area refinery, which will cease operations by year-end, the company said on Wednesday.
Phillips 66 is transforming its refining business through cost reductions and strategic portfolio shifts, aiming to become a low-cost industry leader. PSX is closing its high-cost LA refinery and acquiring full ownership of the Wood River and Borger refineries, both with industry-leading cost structures. These moves are expected to reduce PSX's average operating cost per barrel to $4.75-$5.00, positioning PSX to challenge Valero Energy as the industry leader.
PSX has reduced gasoline output at its Bayway refinery after a fire disrupted operations at a key unit.