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Refiner Phillips 66 beats fourth-quarter profit estimates

ReutersFeb 4, 2026 12:01 PM

- Refiner Phillips 66 PSX.N beat Wall Street estimates for fourth-quarter profit on Wednesday, as a rebound in U.S. refining margins lifted earnings after a prolonged slump in 2024.

The company reported an adjusted profit of $2.47 per share for the three months ended December 31, compared with analysts' average estimate of $2.16 per share, according to data compiled by LSEG.

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