Investing.com - Phillips 66 (NYSE:PSX) reported second quarter earnings that beat analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $6.77 on revenue of $3.29B. Analysts polled by Investing.com expected EPS of $5.75 on revenue of $43.27B. .
For the year, Phillips 66 shares are up 21.21%, outperforming the S&P 500 which is down 14.56% year to date.
Phillips 66 follows other major Energy sector earnings this month
On Friday, Exxon Mobil reported second quarter EPS of $4.14 on revenue of $115.68B, compared to forecasts of EPS of $3.84 on revenue of $94.97B.
Chevron earnings beat analyst's expectations on Friday, with second quarter EPS of $5.82 on revenue of $68.76B. Investing.com analysts expected EPS of $5.09 on revenue of $57.96B
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