Check out our latest industry white papers. Browse now!
Sales & Support: +1 800 762 3361
Member Resources

SUGAR LAND--January 31, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Phillips 66 (NYSE:PSX) reported much better financial results in the final quarter of 2021 than it did in the corresponding period of 2020. The company reported earnings of $1.27 billion in fourth-quarter 2021, compared with a net loss of $539 million in the same quarter of 2020. Since the onset of the COVID-19 pandemic, Phillips 66 seems to have shifted investments away from certain midstream projects--namely pipelines--and conventional refining, and appears to be strengthening its spending in the Chemical Processing sector and focusing on lower-carbon fuels. Other companies featured: Chevron (NYSE:CVX)

Login or Register for Instant Access

Subscribe Now!

(All Fields Required)

IIR Logo Globe

Site-wide Scheduled Maintenance for April 12, 2025, between 9 A.M. - 9 P.M. CST. During this time, all services will be unavailable periodically throughout the scheduled maintenance window.

×
×

Contact Us

For More Info!