Q3: 2025-10-29 Earnings Summary
EPS of $2.52 beats by $0.38
| Revenue of $34.98B (-3.27% Y/Y) beats by $2.52B
Phillips 66 (PSX) Q3 2025 Earnings Call October 29, 2025 12:00 PM EDT
Company Participants
Sean Maher – VP of Investor Relations & Chief Economist
Mark Lashier – CEO & Chairman
Richard Harbison – Executive Vice President of Refining
Kevin Mitchell – Executive VP & CFO
Brian Mandell – Executive Vice President of Marketing & Commercial
Donald Baldridge – Executive Vice President of Midstream & Chemicals
Conference Call Participants
Stephen Richardson – Evercore ISI Institutional Equities, Research Division
Theresa Chen – Barclays Bank PLC, Research Division
Neil Mehta – Goldman Sachs Group, Inc., Research Division
Justin Jenkins – Raymond James & Associates, Inc., Research Division
Douglas George Blyth Leggate – Wolfe Research, LLC
Manav Gupta – UBS Investment Bank, Research Division
Jason Gabelman – TD Cowen, Research Division
Ryan Todd – Piper Sandler & Co., Research Division
Phillip Jungwirth – BMO Capital Markets Equity Research
Presentation
Operator
Welcome to the Third Quarter 2025 Phillips 66 Earnings Conference Call. My name is Breka, and I will be your operator for today’s call. [Operator Instructions] Please note that this conference is being recorded.
I will now turn the call over to Sean Maher, Vice President, Investor Relations. Sean, you may begin.
Sean Maher
VP of Investor Relations & Chief Economist
Welcome to Phillips 66 Earnings Conference Call. Participants on today’s call will include Mark Lashier, Chairman and CEO; Kevin Mitchell, CFO; Don Baldridge, Midstream and Chemicals, Rich Harbison, Refining; and Brian Mandell, Marketing and Commercial. Today’s presentation can be found on the Investor Relations section of the Phillips 66 website, along with supplemental financial and operating information.
Slide 2 contains our safe harbor statement. We will be making forward-looking statements during today’s call. Actual results may differ materially from today’s comments. Factors that could cause actual results to differ are included here as well as in our SEC filings.
With that, I’ll turn the