
Phillips 66 (PSX), headquartered in Houston, Texas, operates as an energy manufacturing and logistics company. With a market cap of $73 billion, the company’s operations include oil refining, marketing, and transportation along with chemical manufacturing and power generation. The leading integrated downstream energy provider is expected to announce its fiscal first-quarter earnings for 2026 before the market opens on Wednesday, Apr. 29.
Ahead of the event, analysts expect PSX to report a profit of $2.22 per share on a diluted basis, up 346.7% from a loss of $0.90 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.