{
  "url": "https://struct.news/briefs/phillips-66s-38b-profit-came-with-a-commodity-market-footnote",
  "title": "Phillips 66’s $3.8B profit came with a commodity-market footnote",
  "summary": "Net income rose from $877 million to $3.8 billion, while higher average debt balances lifted interest expense 19%.",
  "published_at": "2026-08-05T20:48:20.788996+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Phillips 66",
    "ticker": "PSX",
    "cik": "1534701",
    "sector": "Energy",
    "industry": "Oil & Gas Refining & Marketing"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-05",
    "accession": "0001534701-26-000032",
    "url": "https://www.sec.gov/Archives/edgar/data/1534701/000153470126000032/psx-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-07-28",
    "url": "https://www.sec.gov/Archives/edgar/data/1534701/000153470125000137/psx-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 132376000000,
      "display": "$132.4B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001534701-26-000032",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": -7.528308872325418,
      "display": "-7.5%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001534701-26-000032",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Net margin",
      "value": 3.3261316250679878,
      "display": "+3.3%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001534701-26-000032",
        "filing_date": "2026-08-05"
      }
    }
  ],
  "watch_next": [
    {
      "type": "commodity_prices",
      "statement": "Phillips 66 disclosed higher NGL prices from tight supply and fewer Middle East cargos, alongside lower natural gas prices from increased supply and seasonal demand changes.",
      "importance": "medium",
      "evidence": "The increase in NGL prices was primarily due to a tight supply market with fewer cargos from the Middle East, while the decrease in natural gas prices was due to increased natural gas supply and the end of the winter demand season.",
      "source_date": "2026-08-05"
    }
  ],
  "related_tickers": [
    "PSX"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}