Phillips 66 reports fourth-quarter results and announces next phase of strategic initiatives
January 31, 2025
(Oil & Gas 360) January 31, 2025 Fourth Quarter Reported fourth-quarter earnings of $8 million or $0.01 per share; adjusted loss of $61 million or $0.15 per share Earnings impacted by $230 million pre-tax of accelerated depreciation related to Los Angeles Refinery Returned $1.1 billion to shareholders through dividends and share repurchases Record NGL fractionation and LPG export volumes in
