Investing.com - Phillips 66 (NYSE:PSX) reported fourth quarter earnings that missed analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $-1.16 on revenue of $16.77B. Analysts polled by Investing.com expected EPS of $-0.948 on revenue of $16.15B. .
For the year, Phillips 66 shares are up 2.16%, outperforming the S&P 500 which is up 0.83% year to date.
Phillips 66 follows other major Energy sector earnings this month
On Friday, Chevron reported fourth quarter EPS of $-0.01 on revenue of $25.25B, compared to forecasts of EPS of $0.0926 on revenue of $25.97B.
Schlumberger earnings beat analyst's expectations on Friday, January 22, 2021, with fourth quarter EPS of $0.22 on revenue of $5.53B. Investing.com analysts expected EPS of $0.1735 on revenue of $5.24B
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