Phillips 66 Files 8-K for Financial Results on Jan 31, 2024
Ticker: PSX · Form: 8-K · Filed: Jan 31, 2024 · CIK: 1534701
| Field | Detail |
|---|---|
| Company | Phillips 66 (PSX) |
| Form Type | 8-K |
| Filed Date | Jan 31, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, 8-K, corporate-filing
TL;DR
**Phillips 66 just dropped an 8-K for financial results, get ready for earnings impact.**
AI Summary
Phillips 66 filed an 8-K on January 31, 2024, to report its financial results, specifically under Item 2.02. This filing indicates that the company is releasing its earnings or other significant financial performance data. For investors, this matters because it provides crucial insight into the company's profitability, revenue, and overall financial health, which can directly impact stock price and future investment decisions.
Why It Matters
This filing signals the release of Phillips 66's financial performance, which is critical for investors to assess the company's health and make informed decisions about buying, holding, or selling its stock.
Risk Assessment
Risk Level: medium — The risk level is medium because the filing itself doesn't contain the results, but it signals an upcoming release that could significantly impact the stock, positively or negatively.
Analyst Insight
A smart investor would monitor Phillips 66's official channels for the actual financial results following this 8-K, as the details of those results will drive market reaction and inform investment decisions.
Key Numbers
- 2024-01-31 — Filing Date (The date Phillips 66 filed this 8-K.)
- Item 2.02 — Reporting Item (Indicates the filing is about Results of Operations and Financial Condition.)
- 001-35349 — Commission File Number (Unique identifier for Phillips 66's filings with the SEC.)
Key Players & Entities
- Phillips 66 (company) — the registrant filing the 8-K
- January 31, 2024 (date) — date of the earliest event reported and filing date
- Delaware (company) — state of incorporation for Phillips 66
- 001-35349 (dollar_amount) — Commission File Number for Phillips 66
- PSX (company) — trading symbol for Phillips 66 common stock
- New York Stock Exchange (company) — exchange where Phillips 66 common stock is registered
Forward-Looking Statements
- Phillips 66 will release its full financial results shortly after this 8-K filing. (Phillips 66) — high confidence, target: 2024-02-15
- The stock price of PSX will react to the content of the upcoming financial results. (PSX) — high confidence, target: 2024-02-29
FAQ
What is the primary purpose of this 8-K filing by Phillips 66?
The primary purpose of this 8-K filing by Phillips 66, dated January 31, 2024, is to report on 'Results of Operations and Financial Condition' as indicated by Item 2.02.
On what date was this 8-K filed and what is the earliest event reported?
This 8-K was filed on January 31, 2024, and the date of the earliest event reported is also January 31, 2024.
What is Phillips 66's trading symbol and on which exchange is its common stock registered?
Phillips 66's common stock has the trading symbol PSX and is registered on the New York Stock Exchange.
Where are Phillips 66's principal executive offices located?
Phillips 66's principal executive offices are located at 2331 CityWest Boulevard, Houston, Texas 77042.
Is Phillips 66 considered an 'emerging growth company' according to this filing?
No, Phillips 66 is not indicated as an 'emerging growth company' as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934, based on the unchecked box in the filing.
Filing Stats: 526 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-01-31 09:43:12
Key Financial Figures
- $0.01 — ange on which registered Common stock, $0.01 par value PSX New York Stock Exchange
Filing Documents
- psx-20240131.htm (8-K) — 27KB
- psx-20231231_ex991.htm (EX-99.1) — 293KB
- psx-20231231_erxsuppinfoxe.htm (EX-99.2) — 2542KB
- psxphillips66.jpg (GRAPHIC) — 35KB
- psxphillips66a.jpg (GRAPHIC) — 35KB
- 0001534701-24-000030.txt ( ) — 3204KB
- psx-20240131.xsd (EX-101.SCH) — 2KB
- psx-20240131_lab.xml (EX-101.LAB) — 24KB
- psx-20240131_pre.xml (EX-101.PRE) — 13KB
- psx-20240131_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 31, 2024, Phillips 66 issued a press release announcing the company's financial and operating results for the quarter ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference. Additional financial and operating information about the quarter is furnished as Exhibit 99.2 hereto and incorporated herein by reference. The information in this report and the exhibits attached hereto shall not be deemed to be "filed" for purposes of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 — Press release issued by Phillips 66 on January 31, 2024 99.2 — Supplemental financial and operating information. 104 — Cover Page Interactive Data File (embedded within the Inline XBRL document). 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PHILLIPS 66 By: /s/ J. Scott Pruitt J. Scott Pruitt Vice President and Controller Date: January 31, 2024 2