Asset SalesPSX announced a $865mm asset sale of an interest in a Permian origin natural gas pipeline, marking the official achievement of its $3B asset sale target.
Earnings PerformancePSX reported 3Q EPS that topped consensus estimates by ~23%, driven by stronger performance in Chemicals and Marketing & Specialties.
Financial StrategyPSX is on track to meet its shareholder distribution goals, having already distributed a significant amount since mid-2022.