Phillips 66

NYSE:PSX  
83.49
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4:00:00 PM EDT: $83.44 -0.05 (-0.06%)
Earnings Announcements

Phillips 66 Announces 2022 Capital Program

Published: 12/10/2021 18:06 GMT
Phillips 66 (PSX) - Phillips 66 Announces 2022 Capital Program.
Phillips 66 - Announced Its 2022 Capital Program of $1.9 Billion.
Phillips 66 - Plan Includes $992 Million for Sustaining Capital and $916 Million for Growth Capital.
Phillips 66 - Midstream Capital Plan of $703 Million, Including Phillips 66 Partners, Comprises $426 Million for Growth Projects, $277 Million for Sustaining Projects.
Phillips 66 - in Refining, Co Plans to Invest $896 Million, With $488 Million for Reliability, Safety and Environmental Projects.
Phillips 66 - Including Phillips 66's Share of Capital Spending for Large Ventures, Co's Total 2022 Capital Program is Projected to Be $3.0 Billion.
Phillips 66 - Midstream Growth Capital Will Be Directed Toward Completing Construction of Sweeny Frac 4.
Phillips 66 - Midstream Growth Capital Will Be Directed Toward Repayment of 25% Share of Bakken Pipeline Joint Venture's Debt Due in 2022.
Phillips 66 - About 45% of Growth Capital Supports Lower-carbon Opportunities.
Phillips 66 - Co's Proportionate Share of Capital Spending by Its Certain Joint Ventures Expected to Total $1.1 Billion and Be Self-funded.
Revenue is expected to be $28.81 Billion
Adjusted EPS is expected to be $1.66

Next Quarter Revenue Guidance is expected to be $29.75 Billion
Next Quarter EPS Guidance is expected to be $1.44

More details on our Analysts Page.