Phillips 66 (PSX) Financials

Phillips 66 (PSX) is a publicly traded energy manufacturing and logistics company based in the United States. As of the latest financial statements, the company has shown positive performance in its income statement. The gross profit reported by Phillips 66 (PSX) indicates a healthy margin between its revenue and cost of goods sold. In addition, the company has also generated a significant amount of total revenue, reflecting its strong market presence and sales activities. Net income from stockholders, a key indicator of profitability, has also been positive, indicating that the company's operations have been profitable after accounting for all expenses and taxes.

The balance sheet of Phillips 66 (PSX) provides a snapshot of its financial position. The company's total assets, which include cash equivalents, net debt, and other tangible and intangible assets, have been substantial, underscoring its strong financial base. Stockholders' equity, a measure of the company's net worth, has also been significant, indicating that the company has accumulated substantial assets relative to its liabilities. Speaking of liabilities, Phillips 66 (PSX) has shown a limited amount of total debt, suggesting that the company has managed its borrowing activities prudently. Moreover, the total liabilities reported by the company are reasonable, reflecting a balanced financial structure. When considering cash flow, Phillips 66 (PSX) has exhibited positive operating cash flow, indicating that its core operations have generated more cash inflows than outflows. Additionally, the company's investing and financing cash flows have been appropriately managed, with a healthy focus on strategic long-term investments and prudent financial decision making. Overall, the financials of Phillips 66 (PSX) highlight its strong performance and prudent financial management, positioning it as a key player in the energy industry.