8-KEarnings & ResultsExhibits & Filings

Phillips 66 8-K Report, Financial Results (Apr 30, 2019)

Filed April 30, 2019For Securities:PSX

Summary

Phillips 66 (PSX) filed an 8-K on April 30, 2019, to report its financial and operating results for the first quarter ended March 31, 2019. The core of this filing is the accompanying press release (Exhibit 99.1) and supplemental information (Exhibit 99.2), which provide detailed insights into the company's performance during the quarter. Investors should review these exhibits for specific financial metrics, operational achievements, and any forward-looking statements made by the company. While the 8-K itself is a brief notification of the release of this information, the furnished exhibits are crucial for understanding the company's performance in key segments such as Refining, Midstream, Chemicals, and Marketing & Specialties. Investors will want to pay close attention to key financial figures like revenue, net income, earnings per share, and segment-specific profitability, as well as operational data such as throughputs and margins, to assess the company's health and outlook.

Key Highlights

  • 1Phillips 66 announced its first quarter 2019 financial and operating results on April 30, 2019.
  • 2The 8-K filing incorporates by reference the company's press release (Exhibit 99.1) and supplemental financial and operating information (Exhibit 99.2).
  • 3Investors are directed to the furnished exhibits for detailed performance data and financial metrics for the quarter ended March 31, 2019.
  • 4The filing serves as notification of the earnings release, with the substantive details contained within the referenced exhibits.
  • 5Key segments for investor analysis likely include Refining, Midstream, Chemicals, and Marketing & Specialties.
  • 6The information furnished in this report is not considered 'filed' for the purposes of the Securities Exchange Act of 1934, meaning it doesn't carry the same legal implications as a formally filed document regarding liability for misstatements or omissions.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally announce and furnish the press release and supplemental information detailing Phillips 66's financial and operating results for the first quarter ended March 31, 2019. It serves as a notification to the market that this information has been made public.

The detailed financial and operating results are primarily located in the exhibits attached to this 8-K filing: Exhibit 99.1 (the press release) and Exhibit 99.2 (supplemental financial and operating information). These exhibits provide the crucial data for analyzing the company's performance.

No, this 8-K filing does not contain new financial statements directly. Instead, it incorporates by reference the press release and supplemental information, which contain the financial and operational data. Investors should look to those exhibits for the quarterly results.

When information is 'furnished' under Item 2.02 of an 8-K, it generally means it is provided to the SEC for informational purposes and does not carry the same legal liability under Section 18 of the Securities Exchange Act of 1934 as information that is formally 'filed'. This is a common distinction for earnings releases.