Phillips 66's CEO Discusses Q3 2013 Results - Earnings Call Transcript

Oct. 30, 2013 1:18 PM ETPhillips 66 (PSX)
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Phillips 66 (NYSE:PSX) Q3 2013 Earnings Conference Call October 30, 2013 11:00 AM ET

Executives

C. Clayton Reasor – Senior Vice President-Investor Relations, Strategy and Corporate Affairs

Greg C. Garland – Chairman and Chief Executive Officer

Greg G. Maxwell – Executive Vice President, Finance and Chief Financial Officer

Timothy G. Taylor – Executive Vice President-Commercial, Marketing, Transportation and Business Development

Paula Johnson – Executive Vice President, Legal, General Counsel and Corporate Secretary

Analysts

Doug T. Terreson – International Strategy & Investment Group LLC

Evan Calio – Morgan Stanley & Co. LLC

Edward G. Westlake – Credit Suisse Securities LLC

Doug Leggate – Bank of America Merrill Lynch

Jeff A. Dietert – Simmons & Co. International

Paul Cheng – Barclays Capital, Inc.

Paul B. Sankey – Deutsche Bank Securities, Inc.

Bradley Olsen – Tudor Pickering Holt & Co. Securities, Inc.

Roger Read – Wells Fargo Securities LLC

Faisel Khan – Citigroup Global Markets Inc.

Operator

Welcome to the Third Quarter 2013 Phillips 66 Earnings Conference Call. My name is Christine, and I will be your operator for today's call. At this time, all participants are in a listen only-mode. Later, we will conduct a question-and-answer session. Please note that this conference is being recorded.

I will now turn the call over to Clayton Reasor, Senior Vice President Investor Relations, Strategy and Corporate Affairs. You may begin.

C. Clayton Reasor

Thank you. Good morning and welcome to the Phillips 66 third quarter earnings conference call. With me this morning are Chairman and CEO, Greg Garland; CFO, Greg Maxwell; and EVP, Tim Taylor. This morning’s presentation material can be found on the Investor Relations section of the Phillips 66 website, along with supplemental financial and operating information.

Slide 2 contains our Safe Harbor statement. It's a reminder that we'll be making forward-looking comments during

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