Summary
Phillips 66 (PSX) filed an 8-K on August 3, 2021, to announce its financial and operating results for the second quarter ended June 30, 2021. The report primarily serves to furnish the company's earnings press release and supplemental financial and operating information as exhibits. Investors should refer to these furnished exhibits for the detailed financial performance and operational metrics of the company during the reported quarter. This filing indicates that the company is providing timely updates on its financial condition and operational activities as required.
Key Highlights
- 1Phillips 66 announced its Q2 2021 financial and operating results via an 8-K filing.
- 2The filing includes the earnings press release (Exhibit 99.1) detailing the quarterly performance.
- 3Supplemental financial and operating information is also provided as Exhibit 99.2.
- 4The information furnished is for the quarter ended June 30, 2021.
- 5This report is an announcement of results and does not constitute a material event other than the disclosure of financial performance.
- 6The furnished information is not to be treated as 'filed' for the purposes of the Securities Exchange Act of 1934, which limits the liability related to such disclosures.
Frequently Asked Questions
The main purpose of this 8-K filing is to officially announce and provide access to Phillips 66's financial and operating results for the second quarter of 2021. It formally includes the company's earnings press release and supplemental information for investors.
The detailed financial results and operating information for the quarter ended June 30, 2021, are available in Exhibit 99.1 (Press Release) and Exhibit 99.2 (Supplemental Financial and Operating Information) which are furnished as part of this 8-K filing.
This particular 8-K filing (Item 2.02 and 9.01) is primarily for the disclosure of financial results. It does not report any new material events or significant changes in the company's business operations beyond what is detailed in the provided financial statements and operational data for the quarter.
When information is 'furnished' under Item 2.02, it means the company is providing it to the SEC, but it does not carry the same legal implications as 'filed' information. This typically means the furnished information is not subject to the liabilities associated with Section 18 of the Securities Exchange Act of 1934, offering a degree of protection to the company.