ChemicalsThe Chemicals segment consists of Phillips 66’s equity investment in Chevron Phillips Chemical Company (CPChem). Chemicals third-quarter earnings were $153 million. Adjusted earnings of $275 million exclude losses associated with the early retirement of debt, impairments of fixed assets and an increase in deferred tax liabilities.
Phillips 66 Reports Third-Quarter Earnings Of $1.6 Billion Or $2.51 Per Share
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