1、 Reported third-quarter earnings of$133 million or$0.32 per share;adjusted earnings of$1.0 billion or$2.52 per share;including$241 million of pre-tax accelerated depreciation on Los Angeles Refinery Operated at 99%capacity utilization in Refining with 86%clean product yield Achieved record Y-grade t
2、hroughput and fractionation volumes of 1 MMBD&930 MBD,respectively Generated$1.2 billion of net operating cash flow,$1.9 billion excluding working capital Recently acquired the remaining 50%interest in WRB Refining LP,gaining full ownership of the Wood River and Borger refineriesHOUSTON,October 29,2
3、025 Phillips 66(NYSE:PSX)announced third-quarter earnings.“Our third quarter results reflect our continued commitment to world-class operations.Our Refining and Midstream businesses both set records with year-to-date clean product yield and fractionation volumes,respectively.Additionally,our Chemica
4、ls business operated at over 100%utilization and generated solid returns in a challenging market,”said Mark Lashier,chairman and CEO of Phillips 66.“Our recent acquisition of the remaining 50%interest in WRB Refining represents a pivotal move to simplify our portfolio and enhance opportunities for m
5、argin capture.This transaction further strengthens our leading position in the Central Corridor and is foundational to our long-term strategy.Mark added,“The Board and management team remain focused on delivering results and are committed to maximizing shareholder returns.We also value our ongoing s
6、hareholder engagement and look forward to continued dialogue with all our stakeholders.”Page 1Strategic Priorities Progress and Business Highlights Recently announced an open season for transportation service on Western Gateway Pipeline,a proposed refined products pipeline connecting the Mid-Contine