Phillips 66 (NYSE: PSX), Houston, TX, an energy manufacturing and logistics company, reported profit for the third quarter of $511 million, down 67.6 percent from the same period a year ago.
Profit was $101 million in the chemicals segment, $267 million in marketing and specialties, $177 million in refining and $75 million in the midstream segment.
During the quarter, the company closed the sale of Whitegate Refinery.