Air Freight News

Phillips 66 reports smaller-than-expected fourth quarter loss

Refiner Phillips 66 reported a smaller-than-expected loss on Friday.

On an adjusted basis, the company reported a loss of 15 cents per share in the quarter, compared with the analyst' average estimate of 23 cents loss per share, according to data compiled by LSEG.

The Phillips 66 Wilmington refinery is shown after the company said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California's fuel supply, in Wilmington, California, U.S., October 17, 2024. REUTERS/Mike Blake


Reuters
Reuters

Similar Stories

https://www.ajot.com/images/uploads/article/TIE06052026.jpg
Today in energy: China’s nuclear power capacity nearly doubled since 2016
View Article
https://www.ajot.com/images/uploads/article/Global-biofuel-demand.jpg
Global biofuel demand set to grow by nearly 70% as food prices rise
View Article
https://www.ajot.com/images/uploads/article/First-Offshore-LNG-Liquefaction-Facility-in-the-United-States.jpg
MOL to invest in the first offshore LNG liquefaction facility in the US
View Article
https://www.ajot.com/images/uploads/article/KR_s_latest_Decarbonization_Magazine.png
BHP and GCMD trial multi-feedstock B100 blend in an existing supply chain
View Article
https://www.ajot.com/images/uploads/article/EIA_26_1.png
U.S. natural gas storage capacity increased slightly in 2025
View Article
https://www.ajot.com/images/uploads/article/Echandia_Core.png
Echandia launches new battery system that lowers upfront cost and footprint by 30 percent
View Article