Phillips 66 Profit Increases 34% in 3Q

Company reports sales of $26.4 billion for the quarter.

Phillips 66 (NYSE: PSX), Houston, TX, an energy manufacturing and logistics company, reported sales for the third quarter of $26.4 billion. Profit was up 34 percent to $1.6 billion.

Profit was $252 million in the chemicals segment, $338 million in marketing and specialties and $101 million in the midstream segment.

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