Phillips 66 (PSX) Q1 2026 (USD): Adj. EPS 0.49 (exp. -0.53), Revenue -- (exp. 36.16bln), Adj. EBITDA 1.26bln (prev. 2.53bln Y/Y); Increased the annualised quarterly dividend by 7%
Importance
Level 1
- CEO: "We are confident in our ability to navigate market volatility due to our integrated business and the strength of our balance sheet. Backed by disciplined execution and strong operating performance, we remain well positioned to provide energy to the global market".
- Formally increased Sweeny NGL fractionation capacity and Freeport LPG export dock capacity by 23% and 15%, respectively, reflecting 2025 debottlenecking.