Refiner Phillips 66 Joins Rivals in Posting Sky-High Profit

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Refiner Phillips 66 Joins Rivals in Posting Sky-High Profit

Reuters2023-01-31

(Reuters) - Phillips 66 on Tuesday became the latest refiner to post bumper quarterly profit, as higher fuel demand boosted margins.

The Houston, Texas-based refiner's earnings stood at $1.9 billion, or $3.97 per share, for the three months ended Dec. 31, compared with $1.3 billion, or $2.88 per share, a year earlier.

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·2023-01-31
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