Phillips 66 reports q2 adjusted loss per share $0.74
Reports second-quarter 2020 financial results.q2 adjusted loss per share $0.74.q2 loss per share $0.33.q2 earnings per share estimate $-0.93 -- refinitiv ibes data.midstream second-quarter pre-tax income was $324 million, compared with a pre-tax loss of $702 million in q1.refining had a second-quarter pre-tax loss of $878 million, compared with a pre-tax loss of $2.3 billion in q1.chemicals' second-quarter 2020 pre-tax income was $42 million, compared with $169 million in q1 of 2020.refining had an adjusted pre-tax loss of $867 million in q2 of 2020, compared with an adjusted pre-tax loss of $401 million in q1.special items of $183 million in q2.expanding sweeny hub with addition of two 150,000 bpd fractionators that are supported by long-term customer commitments.adding a 200,000 bpd dock at beaumont terminal, bringing terminal's total dock capacity to 800,000 bpd.cpchem is closely monitoring economic developments and has deferred final investment decision for u.s. gulf coast project.producing renewable diesel at its humber refinery with a capacity increase expected in mid-2021.
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