Where can I find the specific financial results for Phillips 66's second quarter of 2024?

The specific financial and operating results for the quarter ended June 30, 2024, are detailed in the press release furnished as Exhibit 99.1 and the supplemental financial and operating information furnished as Exhibit 99.2, both of which are part of this 8-K filing. Investors should review these exhibits for comprehensive details.

What is the significance of the company 'furnishing' information rather than 'filing' it under Item 2.02?

When information is 'furnished' under Item 2.02 of Form 8-K, it means the company is providing it to the SEC, but it is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. This distinction generally limits the legal liability associated with such information compared to information that is formally 'filed'.

Does this 8-K filing contain any new forward-looking statements or guidance from Phillips 66?

This particular 8-K filing primarily serves to announce and incorporate by reference the company's second-quarter earnings release and supplemental information. Any forward-looking statements or updated guidance would be contained within those furnished exhibits (Exhibit 99.1 and 99.2), not within the 8-K text itself. Investors need to examine the exhibits for such disclosures.

What are the key financial performance indicators I should look for in the furnished exhibits?

Investors should look for key performance indicators such as revenue, net income, earnings per share (EPS), refining margins, throughput volumes, chemicals segment performance, midstream segment performance, and any commentary on capital expenditures, debt levels, and cash flow. The supplemental information (Exhibit 99.2) is particularly likely to contain detailed operational metrics.

PSX 8-K: Earnings & Results

Summary

Phillips 66 (PSX) has filed an 8-K report on July 29, 2024, furnishing its financial and operating results for the quarter ended June 30, 2024. The company released a press release detailing these results on July 30, 2024, which is incorporated by reference into this filing. Investors should refer to the furnished press release (Exhibit 99.1) and supplemental financial and operating information (Exhibit 99.2) for a comprehensive understanding of the company's performance during the second quarter of 2024. While the 8-K itself does not contain the specific financial figures, it serves as the official notification that these results have been made public. The furnished exhibits are crucial for investors seeking details on revenue, earnings, segment performance, and any other operational metrics or financial conditions disclosed by Phillips 66. It is important to note that the information furnished under Item 2.02 is not considered 'filed' for certain regulatory purposes, meaning it does not automatically trigger liability under Section 18 of the Exchange Act, nor is it automatically incorporated into future filings unless explicitly stated.

Key Highlights

1Phillips 66 announced its Q2 2024 financial and operating results on July 30, 2024.
2The 8-K filing officially furnishes the press release (Exhibit 99.1) and supplemental information (Exhibit 99.2) containing the detailed quarterly results.
3Investors must consult the referenced exhibits for specific performance data, including financial metrics and operational highlights for the quarter ended June 30, 2024.
4The filing confirms the timing of the earnings announcement to the market.
5Information furnished under Item 2.02 is not considered 'filed' for the purposes of liability under Section 18 of the Exchange Act.
6The disclosure is intended to inform investors of the company's most recent performance and financial condition.

Phillips 66 8-K Report, Financial Results (Jul 30, 2024)

Summary

Key Highlights

Frequently Asked Questions