8-KEarnings & ResultsExhibits & Filings

Phillips 66 8-K Report, Financial Results (Feb 8, 2019)

Filed February 8, 2019For Securities:PSX

Summary

Phillips 66 (PSX) filed an 8-K on February 8, 2019, primarily to furnish their fourth quarter and full year 2018 earnings release and supplemental financial information. The report indicates that the company met its reporting obligations by providing key financial and operational details for the period ending December 31, 2018, through attached exhibits. This filing serves as the official channel for investors to access the company's most recent performance metrics and strategic updates. While the 8-K itself doesn't contain detailed financial figures, it directs investors to the furnished press release and supplemental information for a comprehensive understanding of Phillips 66's performance. Investors should review these exhibits for specifics on revenue, net income, earnings per share, segment performance (Refining, Midstream, Marketing & Specialties, and Chemicals), and any forward-looking statements or guidance provided by management for the upcoming periods. The filing clarifies that this information is furnished, not filed, meaning it is not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934.

Key Highlights

  • 1Phillips 66 filed an 8-K on February 8, 2019, reporting on Q4 and full-year 2018 results.
  • 2The 8-K serves to furnish the company's earnings press release (Exhibit 99.1).
  • 3Supplemental financial and operating information for the period is also furnished as Exhibit 99.2.
  • 4The filing covers the financial and operating results for the quarter ended December 31, 2018.
  • 5Information provided is furnished, not filed, under the Securities Exchange Act of 1934.
  • 6Investors should refer to Exhibits 99.1 and 99.2 for detailed financial and operational performance data.

Frequently Asked Questions

The primary purpose of this 8-K filing by Phillips 66 on February 8, 2019, is to officially report and provide access to the company's financial and operating results for the fourth quarter and full year ended December 31, 2018, through accompanying press release and supplemental information exhibits.

The detailed financial and operating results for the quarter ended December 31, 2018, are contained within the furnished exhibits of this 8-K filing. Specifically, Exhibit 99.1 is the press release, and Exhibit 99.2 provides supplemental financial and operating information.

While the 8-K itself does not contain forward-looking guidance, it is highly probable that the furnished press release (Exhibit 99.1) and supplemental information (Exhibit 99.2) include management's commentary and any forward-looking statements or guidance provided for future periods.

When information is 'furnished' as opposed to 'filed' in an 8-K, it means the information is provided to the SEC for informational purposes but is not subject to the same legal liabilities under Section 18 of the Securities Exchange Act of 1934. Investors should still treat the information as reliable, but the legal implications for the company are different.