Phillips 66 reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was USD 40,279 million compared to USD 32,604 million a year ago. Revenue was USD 40,907 million compared to USD 33,568 million a year ago. Net income was USD 1,884 million compared to USD 1,273 million a year ago. Basic earnings per share from continuing operations was USD 3.99 compared to USD 2.89 a year ago. Diluted earnings per share from continuing operations was USD 3.97 compared to USD 2.88 a year ago.
For the full year, sales was USD 169,990 million compared to USD 111,476 million a year ago. Revenue was USD 175,702 million compared to USD 114,852 million a year ago. Net income was USD 11,024 million compared to USD 1,317 million a year ago. Basic earnings per share from continuing operations was USD 23.36 compared to USD 2.97 a year ago. Diluted earnings per share from continuing operations was USD 23.27 compared to USD 2.97 a year ago.