ConocoPhillips' midstream and downstream operations (2002–2012)
Founded
1927; 97 years ago (1927) (brand)
May 1, 2012; 12 years ago (2012-05-01) (company)[1] in Houston, Texas, U.S.
Founders
L.E. Phillips
Frank Phillips
Headquarters
Westchase, Houston, Texas, U.S.
Area served
Worldwide
Key people
Greg Garland (Chairman)
Mark Lashier (CEO)
Products
Natural gas
Petrochemicals
Aviation fuels
Motor fuels
Lubricants
Brands
Phillips 66
Conoco
76
Jet
Services
Oil refining
Service stations
Revenue
US$ $169.99 billion (2022)[2]
Operating income
US$ 20.058 billion (2022)[3]
Net income
US$ $11.074 billion (2022)[4]
Total assets
US$ $76.442 billion (2022)[5]
Total equity
US$ 34.1068 billion (2022)[3]
Number of employees
14,600 (2017)[3]
Subsidiaries
Chevron Phillips Chemical
Website
phillips66.com
The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. Its name, dating back to 1927 as a trademark of the Phillips Petroleum Company, helped ground the newly reconfigured Phillips 66. The company today was formed ten years after Phillips merged with Conoco to form ConocoPhillips. The merged company spun off its refining, chemical, and retail assets (known as downstream operations in the oil industry) into a new company bearing the Phillips name. It began trading on the New York Stock Exchange on May 1, 2012, under the ticker PSX.
The company is engaged in refining, transporting, and marketing natural gas liquids (NGL) petrochemicals. They are also active in the research and development of emerging energy sources and partners with Chevron on chemicals through a joint venture known as Chevron Phillips Chemical.[6]
Phillips 66 is ranked No. 29 on the Fortune 500 list and No. 74 on the Fortune Global 500 list as of 2022, with revenues of over $115 billion USD. Phillips 66 has approximately 14,000 employees worldwide and is active in the United States, United Kingdom, Germany, Austria, and Switzerland, and currently owns and licenses out various service station brands across the country, such as 76 and Conoco within the United States, and JET in Europe.[7][8]
^About us on Phillips66 site
^"Phillips 66 Revenue 2009-2021 | PSX".
^ abc"2017 Phillips 66 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. February 2018. Retrieved April 3, 2018.
^"Phillips 66 Net Income 2009-2021 | PSX".
^"Phillips 66 Total Assets 2009-2021 | PSX".
^Volcovici, Valerie (March 10, 2022). "Chevron, Phillips venture to pay millions for air violations at chemical plants". Reuters. Retrieved October 13, 2022.
^"Phillips 66 (PSX) Company Profile, News, Rankings | Fortune". Fortune. Retrieved September 1, 2022.
^"Fuels & Lubricants". Phillips 66. Retrieved October 13, 2022.
trademark of the Phillips Petroleum Company, helped ground the newly reconfigured Phillips66. The company today was formed ten years after Phillips merged with...
Barry Levinson 66 Maja, a main-belt asteroid Order 66 (disambiguation) Phillips66, an American multinational energy company U.S. Route 66, a historic U...
ConocoPhillips, is named Phillips66, the brand name and trademark used by the original Phillips Petroleum from 1930 until the 2002 ConocoPhillips merger...
operations were separated into a new company named Phillips66, headquartered in Houston. As a result, ConocoPhillips continued its operations as an upstream (exploration...
the CEO of Phillips66 since July 2022. In April 2022, it was announced that Lashier, COO, would succeed Greg Garland as CEO of Phillips66 in July 2022...
Phillips66. ConocoPhillips, American energy company Phillips66, American energy company Phillips Petroleum Company, American oil company Phillips (auctioneers)...
Chevron Phillips Chemical (CPChem) is a petrochemical company jointly owned by Chevron Corporation and Phillips66. The company was formed July 1, 2000...
chairman and CEO of Phillips66 and its subsidiaries the Phillips 66ers Phillips66 Pipeline LLC, Phillips66 Partners GP LLC and Phillips66 Partners LP. Since...
DCP Midstream Partners, LP (Enbridge and Phillips66) is a Fortune 500 company for midstream petroleum services (i.e. transportation and refinery), headquartered...
TotalEnergies, with ConocoPhillips frequently being included as well prior to spinning off its downstream operations into Phillips66. The phrase "Super-Major"...
American petroleum brand that is operating under the ownership of the Phillips66 Company since 2012 and is headquartered in Houston, Texas. One of the...
billion worth of shares to Phillips66 in exchange for Phillips Specialty Products. Buffett frequently referred to Phillips66 as one of the best businesses...
Suncor acquired a refinery and associated Phillips66 gas stations in Commerce City, Colorado from ConocoPhillips. In 2005, Suncor acquired a second Commerce...
controversy and regulatory obstacles. Chevron Phillips Chemical, a company jointly owned by Chevron and Phillips66, agreed to pay $118 million in March 2022...
California, in the United States. The company operates as a subsidiary of Phillips66 Spectrum Corporation. Red Line Synthetic Oil Corporation was established...
2000. Texas portal 1990 ARCO explosion Chevron Phillips List of industrial disasters "OSHA: Phillips66 Company Houston Chemical Complex Explosion and...
Meijer Minit Mart Mirabito Mobil Murphy USA OXXO Gas Pemex Petro Canada Phillips66 Pilot QuickChek QuikTrip RaceTrac/Raceway Redner's Rhodes Road Ranger...
Global Information
US$ $169.99 billion (2022)[2]