Phillips 66(PSX) - 2025 Q4 - Earnings Call Presentation

1 Lake James Gas Plant GOLDSMITH, TX Cautionary Statement In the third quarter of 2024, we began presenting the line item "Capital expenditures and investments" on our consolidated statement of cash flows exclusive of acquisitions, net of cash acquired. Accordingly, prior period information has been reclassified for comparability. Phillips 66 and Refining results included herein through September 30, 2025, includes our proportional share of WRB Refining LP equity earnings and beginning October 1, 2025, incl ...