Investing.com - Phillips 66 (NYSE:PSX) reported first quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $-1.16 on revenue of $21.92B. Analysts polled by Investing.com expected EPS of $-1.4 on revenue of $18.02B. .
For the year, Phillips 66 shares are up 15.99%, outperforming the S&P 500 which is up 12.12% year to date.
Phillips 66 follows other major Energy sector earnings this month
On Friday, Chevron reported first quarter EPS of $0.9 on revenue of $31.07B, compared to forecasts of EPS of $0.883 on revenue of $31.86B.
Royal Dutch Shell B ADR earnings beat analyst's expectations on Thursday, with first quarter EPS of $0.84 on revenue of $55.67B. Investing.com analysts expected EPS of $0.7917 on revenue of $62.93B
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