Very bewildering effort by PSX over the fourth quarter of 2022

the Oil & Gas Integrated Operations company delivered very bewildering recent numbers in the Dec 31 2022 report, where Revenues soared by 52.812 % to $46.22 billions, while Phillips 66s' earnings per share soared by 328.66 % to $3.90 per share, from the same quarter a year before.

Opposing to the Q3 Revenues advanced by 2.803 % from $44.96 billions and EPS dropped by -65.05 % from $11.16 per share.


Bottom-line of $2,181.000 millions in the fiscal interval closing December 31 2022 increased by 346.93 % from net earnings of $488.000 millions reported in the fiscal interval closing December 31 2022 a year ago. Phillips 66 also emphasized it's improving profit margins, where net margin rose to 4.72% in fiscal interval closing December 31 2022, and operating margin edged up to 11.34%.
Operating earnings, however, rose 738.72% to $5242 millions. Analysts also pointed out, that within the operating numbers for the fiscal year 2022, PSX declared Revenues of $169.99 billions and net earnings of $11.39 billions.

Oil & Gas Integrated Operations company mentioned as well, that Eps surged by 683.5 % to $23.27 per share from $2.97 in the prior fiscal year , contributesRevenues surged by 52.49 % from $111.48 billions a year before.

Phillips 66 is expected to report next financial recent numbers on April 28, 2023.

Phillips 66's Revenue per Employee

Phillips 66's Asset Turnover

Other PSX's Earnings Reports

Healthy 66.488% rise in Revenues at PSX in the fiscal interval ending September 30 2022

EPS deteriorated while revenue grown rapidly in the financial second quarter of 2022

The Oil & Gas Integrated Operations company declared a quick revenue increase , in the fourth quarter of 2021