Phillips 66 (PSX) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.396 Welcome to the fourth quarter and full year 2025 Ellipse 66 00:00:04.396 -- 00:00:09.782 earnings conference call. My name is Michael, and I'll be your operator for today's call. 00:00:09.782 -- 00:00:12.725 At this time, all participants are in listening mode. 00:00:12.725 -- 00:00:15.268 Later, we will conduct a question and answer session. 00:00:15.268 -- 00:00:18.731 Please note that this conference is being recorded. 00:00:18.731 -- 00:00:22.816 I'll now turn the call over to Sean Maher, Vice President of Investor Relations and Chief 00:00:22.816 -- 00:00:26.678 Economist. Sean, you may begin. 00:00:34.118 -- 00:00:39.925 Today's call will include Mark Lazor, Chairman and CEO, Kevin Mitchell, CFO, 00:00:39.925 -- 00:00:44.930 Don Baldrige, Midstream and Chemicals, Rich Harbison, Refining, and Brian 00:00:44.930 -- 00:00:47.734 Mandel, Marketing and Commercial. 00:00:47.734 -- 00:00:51.879 Today's presentation can be found on the Investor Relations section of the Phillips 66 00:00:51.879 -- 00:00:57.142 website, along with supplemental financial and operating information. 00:00:57.986 -- 00:01:00.749 Slide 2 contains our Safe Harbor Statement. 00:01:00.749 -- 00:01:04.291 We will be making forward-looking statements during today's call. 00:01:04.291 -- 00:01:07.977 Actual results may differ materially from today's comments. 00:01:07.977 -- 00:01:12.844 Factors that could cause actual results to differ are included here as well as in our 00:01:12.844 -- 00:01:17.311 SEC filings. With that, I'll turn the call over to Mark. 00:01:17.311 -- 00:01:22.118 Thank you, Sean. Welcome, everyone, to our fourth quarter earnings call. 00:01:22.118 -- 00:01:26.745 We delivered strong financial and operating results, reflecting our continued f...