Phillips 66（PSX）2025年第四季度及全年财报电话会议纪要「NYSE」（英文版）（17页）.pdf

1、LSEG STREETEVENTSEDITED TRANSCRIPTPSX.N-Q4 2025 Phillips 66 Earnings CallEVENT DATE/TIME:FEBRUARY 04,2026/5:00PM GMTOVERVIEW:Company SummaryLSEG STREETEVENTS|Contact Us2026 LSEG.All rights reserved.Republication or redistribution of LSEG content,including by framing or similar means,is prohibited wi

2、thout the prior writtenconsent of LSEG.LSEG and the LSEG logo are registered trademarks of LSEG and its affiliated companies.CORPORATE PARTICIPANTSSean Maher Phillips 66 Co-Vice President of Investor Relations and Chief EconomistMark Lashier Phillips 66 Co-Chairman and CEODon Baldridge Phillips 66 C

3、o-Executive Vice President of Midstream and ChemicalsKevin Mitchell Phillips 66 Co-Executive Vice President and Chief Financial OfficerBrian Mandell Phillips 66 Co-Executive Vice President of Marketing and CommercialRichard Harbison Phillips 66 Co-Executive Vice President of RefiningCONFERENCE CALL

4、PARTICIPANTSStephen Richardson Evercore Inc-AnalystNeil Mehta Goldman Sachs-AnalystDoug Leggate Wolfe Research-AnalystLloyd Byrne Jefferies Financial Group Inc-AnalystManav Gupta UBS-AnalystTheresa Chen Barclays-AnalystPaul Cheng Scotia Howard Weil-AnalystSam Margolin Wells Fargo-AnalystMatthew Blai

5、r TPH&Co-AnalystJason Gabelman Cowen Inc-AnalystPRESENTATIONOperatorWelcome to the Fourth Quarter and Full Year 2025 Phillips 66 Earnings Conference Call.My name is Michael,and I will be your operatorfor todays call.(Operator Instructions)Please note that this conference is being recorded.Ill now tu

6、rn the call over to Sean Maher,Vice President of Investor Relations and Chief Economist.Sean,you may begin.Sean Maher-Phillips 66 Co-Vice President of Investor Relations and Chief EconomistHello,and welcome to the Phillips 66 Fourth Quarter Earnings Conference Call.Participants on todays call will i