Phillips 66

Phillips 66 is an integrated downstream energy company with operations spanning Midstream (NGL gathering, processing, fractionation, transportation and LPG export), Chemicals (through its equity interest in Chevron Phillips Chemical Company LLC, or CPChem, producing olefins, polyolefins and other petrochemicals), Refining (operating refineries across the Atlantic Basin/Europe, Gulf Coast, Central Corridor and West Coast regions with combined worldwide processed inputs capacity exceeding 2 million barrels per day), Marketing and Specialties (marketing refined petroleum products in the U.S. and internationally, along with specialty products including lubricants), and Renewable Fuels (producing renewable diesel and other biofuels). The company's midstream assets include a large NGL fractionation complex, extensive pipeline networks, and LPG export facilities at Freeport, Texas. Phillips 66 holds a 50% interest in CPChem, which is progressing two major growth projects: the Golden Triangle Polymers Project in Texas and the Ras Laffan Polymers Project in Qatar. Following the October 2025 acquisition of the remaining 50% interest in WRB Refining LP, the company now fully owns and operates the Borger and Wood River refineries in its Central Corridor region. The company trades on the NYSE under the ticker PSX. Updated Oct 28, 2026