Phillips 66 (NYSE: PSX), Houston, TX, an energy manufacturing and logistics company, reported profit for the second quarter of $550 million, up 10.9 percent from the same period a year ago.
Profit was $196 million in the chemicals segment, $214 million in marketing and specialties, $224 million in refining and $59 million in the midstream segment. The company reported a loss of $143 million in corporate and other costs.