Phillips 66 (NYSE: PSX), Houston, TX, an energy manufacturing and logistics company, reported profit for the second quarter of $499 million, down 50.2 percent from the same period a year ago.
Profit was $190 million in the chemicals segment, $229 million in marketing and specialties, $152 million in refining and $39 million in the midstream segment. The company reported a loss of $111 million in corporate and other costs.
Read the latest articles and see your reports.
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
