Phillips 66 (NYSE: PSX) reported third-quarter 2026 earnings of $5.6 billion, or $14.08 per diluted share, compared with $3.8 billion, or $9.55 per diluted share, in the second quarter.
The company returned $2.8 billion to shareholders through dividends and share repurchases during the quarter and reduced total debt to $18.5 billion as of September 30, 2026.
- Reported earnings were $5.616 billion, while consolidated net income was $5.639 billion.
- Cash flow from operations was $7.281 billion, compared with $7.259 billion in the prior quarter.
- Refining utilization was 98%, with a record Central Corridor processed-input volume of 848 MBD.
- Refining earnings were $6.031 billion, up from $3.062 billion in the second quarter.
- Cash and cash equivalents totaled $5.848 billion at September 30, while net debt was $12.682 billion.
$PSX Insider Trading Activity
$PSX insiders have traded $PSX stock on the open market 15 times in the past 6 months. Of those trades, 1 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $PSX stock by insiders over the last 6 months:
- VANESSA ALLEN SUTHERLAND (EVP, GC and Secretary) has made 0 purchases and 2 sales selling 4,086 shares for an estimated $7,435,346,883.
- BRIAN MANDELL (Executive Vice President) has made 0 purchases and 3 sales selling 56,700 shares for an estimated $13,358,646.
- RICHARD G HARBISON (EVP, Refining) sold 52,100 shares for an estimated $11,658,120
- KEVIN J MITCHELL (Exec. VP and CFO) sold 11,021 shares for an estimated $2,094,285
- ANN M KLUPPEL (SVP and Controller) has made 0 purchases and 4 sales selling 7,834 shares for an estimated $1,651,235.
- LISA ANN DAVIS has made 0 purchases and 3 sales selling 1,515 shares for an estimated $314,712.
- KEVIN OMAR MEYERS purchased 175 shares for an estimated $30,296
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PSX Hedge Fund Activity
We have seen 1,074 institutional investors add shares of $PSX stock to their portfolio, and 891 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HARRIS ASSOCIATES L P removed 7,376,537 shares (-80.8%) from their portfolio in Q2 2026, for an estimated $1,247,003,579
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 4,088,240 shares (+inf%) to their portfolio in Q2 2026, for an estimated $691,116,972
- BLACKROCK, INC. added 2,088,264 shares (+6.5%) to their portfolio in Q2 2026, for an estimated $353,021,029
- JPMORGAN CHASE & CO added 1,934,094 shares (+inf%) to their portfolio in Q2 2026, for an estimated $326,958,590
- WELLS FARGO & COMPANY/MN removed 1,308,614 shares (-9.5%) from their portfolio in Q2 2026, for an estimated $221,221,196
- AQR CAPITAL MANAGEMENT LLC added 1,105,984 shares (+32.7%) to their portfolio in Q2 2026, for an estimated $186,966,595
- VESTOR CAPITAL, LLC added 1,064,886 shares (+45860.7%) to their portfolio in Q2 2026, for an estimated $180,018,978
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
