Phillips 66 reported third-quarter earnings of $5.6 billion, boosted by record refining at 98% capacity. The company increased returns to shareholders by $2.8 billion and reduced net debt by $3.8 billion, reinforcing its capital allocation strategy.
Phillips 66 reported third-quarter earnings of $5.6 billion, boosted by record refining at 98% capacity. The company increased returns to shareholders by $2.8 billion and reduced net debt by $3.8 billion, reinforcing its capital allocation strategy.