PSX’s 2022 EBITDA numbers vs. XOM, COP, MPC???

Go to Macrotrends.

For example, Conoco Phillips (COP):

https://www.macrotrends.net/stocks/charts/COP/conocophillips/market-cap

Click on the tab for Profits and Revenue.

Then click on the tab for EBITDA.

Look at those nice positive increasing numbers for 2022.

Now do the same for XOM and MPC.

Lastly, look at PSX’s EBITDA numbers.

Maybe one of you engineers or accountant types can explain why PSX’s EBITDA numbers are so incredibly negative for 2022. Even more so when compared to COP, XOM, and MPC???

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Having worked for both P66 and MPC at higher levels, I can tell you that MPC pays a higher target bonus %.

MPC bonus multiplier was more like 150%. Unlike P66, if you meet expectations at MPC you do not get target. 'Target' is the average of those rated higher and above and those rated lower. In essence, it is a pie and a zero sum gain. If someone in your group is above target, then you are below target even if your boss is satisfied with your work.

We have inclusion and diversity! What else do we need?

MPC bonus multiplier…161%

To be fair, COP is upstream; we’re downstream. Not really comparable in my opinion. XOM is closer but they’re fully integrated so again, not exactly a match. MPC seems like a fair comparison though.

On my phone so don’t expect me to back this up w links tho lol

If you go to Macrotrends and click on the Financials tab for P66. Then click on the Income Statement tab, it shows a row for EBITDA and a column for calendar year 2022.

That figure listed there is $16,901 ( million???).

If you go back to the tabs that the OP mentioned, the EBITDA for 2022 is listed as $12.799 billion.

Occam”s razor says that the Macrotrends website can’t do math.

Where did $4.101 billion go between the two 2022 EBITDA’s listed at Macrotrends?

Come on now, if you can do basic arithmetic you know the percentage calculations are wrong as listed.

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PSX’s 2022 EBITDA numbers vs. XOM, COP, MPC???

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