Why Petroleum Refineries Major Phillips 66 Shares Are Falling Today
Why Petroleum Refineries Major Phillips 66 Shares Are Falling Today
Phillips 66 (NYSE:PSX) shares are trading lower after it reported first-quarter FY24 results.
菲利普斯66（纽约证券交易所代码：PSX）在公布24财年第一季度业绩后股价走低。
Revenue of $36.436 billion exceeded the consensus of $33.075 billion. Adjusted EPS of $1.90 missed the consensus of $2.17.
364.36亿美元的收入超过了市场预期的330.75亿美元。调整后的每股收益为1.90美元，未达到2.17美元的共识。
Midstream segment adjusted pre-tax income stood at $613 million, vs. $754 million in the fourth quarter of fiscal 2023.
中游板块调整后的税前收入为6.13亿美元，而2023财年第四季度为7.54亿美元。
The Chemicals segment adjusted pre-tax income stood at $205 million vs. $106 million in the prior quarter. Global olefins and polyolefins utilization was at 96% for the quarter.
化工板块调整后的税前收入为2.05亿美元，上一季度为1.06亿美元。本季度全球烯烃和聚烯烃利用率为96％。
The Refining segment adjusted pre-tax income stood at $228 million (vs. $797 million prior quarter) and Marketing and Specialties segment adjusted pre-tax income declined to $345 million from $432 million prior quarter.
炼油板块调整后的税前收入为2.28亿美元（上一季度为7.97亿美元），营销和特种产品板块调整后的税前收入从上一季度的4.32亿美元降至3.45亿美元。
Read: Phillips 66 Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
阅读: Phillips 66为第一季度的印刷做准备；这些最准确的分析师在财报电话会议之前修改了预测
Phillips 66's operating cash flow stood at $1.2 billion in the quarter, excluding working capital impacts of $1.4 billion, mainly due to inventory builds.
菲利普斯66本季度的运营现金流为12亿美元，其中不包括14亿美元的营运资本影响，这主要是库存增加造成的。
As of March-end, the company had cash and cash equivalents of $1.6 billion and committed capacity available under its credit facility worth $3.5 billion.
截至3月底，该公司的现金和现金等价物为16亿美元，其信贷额度下的承诺可用容量为35亿美元。
During the quarter, Phillips 66 funded $1.2 billion in share repurchases, $448 million in dividends, and $628 million in capital expenditures and investments.
在本季度，菲利普斯66为12亿美元的股票回购、4.48亿美元的股息以及6.28亿美元的资本支出和投资提供了资金。
Phillips 66 continued to project shareholder distributions of $13 billion to $15 billion by 2024.
菲利普斯66继续预计，到2024年，股东分配将达到130亿至150亿美元。
Phillips 66 achieved $1.2 billion in run-rate cost and capital reductions as of March 31, with a $1.4 billion target for 2024.
截至3月31日，菲利普斯66实现了12亿美元的运行成本和资本削减，2024年目标为14亿美元。
Investors can gain exposure to the stock via IShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) and VanEck Oil Refiners ETF (NYSE:CRAK).
投资者可以通过iShares美国石油与天然气勘探与生产ETF（BATS: IEO）和VanEck Oil Refiners ETF（纽约证券交易所代码：CRAK）获得股票敞口。
Read: Phillips 66 Explores Sale Of Rockies Express Pipeline Stake Worth Over $1B: Report
阅读：报告称，菲利普斯66探索出售价值超过10亿美元的落基山脉快车管道股份
Price Action: PSX shares are down 3.7% at $151.40 at the last check Friday.
价格走势：周五最后一次检查时，PSX股价下跌3.7％，至151.40美元。
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照片来自 Shutterstock