Phillips 66 CEO Mark Lashier on Q2 results: Achieved lowest cost per barrel since 2021
Philip 66 out with results this morning. The company earning $2.38% a share. That included $239 million of pre-tax accelerated depreciation on its Los Angeles refinery.Revenue coming in at 33.5% billion, beating expectations. And the company saying that refining actually ran at the highest utilization since 2018, achieving its lowest cost per barrel since 2021. Joining us right now is Mark Glacier.He is the chairman and CEO of Philip 66. And Mark, thanks a lot for being with us this morning. We see the stoc ...