Headquartered in Houston, TX·Fiscal year ends December·NYSE: PSX·phillips66.com
About Phillips 66
Phillips 66 is an integrated downstream energy company that manufactures, transports, and markets products essential to the global economy. The company operates through five business segments: Midstream (natural gas gathering, processing, NGL fractionation, and transportation via pipelines and terminals), Chemicals (50% ownership of Chevron Phillips Chemical Company LLC, a major producer of olefins and polyolefins), Refining (a global network of refineries spanning the Atlantic Basin/Europe, Gulf Coast, Central Corridor, and West Coast with total worldwide crude capacity of approximately 2,053 MBD of processed inputs), Marketing and Specialties (wholesale and retail marketing of refined petroleum products in the U.S. and internationally, as well as specialty products), and Renewable Fuels (production and sale of renewable diesel and other renewable fuels). Phillips 66 owns and operates one of the largest NGL fractionation and LPG export operations in the United States. Through CPChem, the company has major petrochemical projects under construction including the Golden Triangle Polymers Project in Texas and Ras Laffan Polymers Project in Qatar. The company acquired the remaining 50% of WRB Refining LP in October 2025, consolidating the Borger and Wood River refineries. Phillips 66 also maintains a minority equity investment in NOVONIX, a battery materials company. Updated
54 stocks printed fresh 52-week highs this week, and Big Oil showed up in force: Suncor, BP, Shell, Phillips 66, Petrobras and Exxon all cleared prior peaks. Moderna led the whole list, topping its old high by 16%.
NuScale Power is off 5.9% at today's open, with four other names down more than 4.9% and the best gainer, Constellation Brands, up just 2.3%. Refiners and energy fill out the rest of the green.
A 4.1% intraday run to $263.64 adds roughly $4 billion to the refiner's $105.7 billion market value in a single session. Moves this size are rare for a large-cap refiner, so keep an eye on whether it holds into the close.
Four companies in refining, auto retail, semiconductors, and specialty materials just raised their dividends, but the size of each raise tells almost nothing about which one can actually keep growing it.
Phillips 66 has handed investors a 133% gain this year and just bumped its dividend again, but a swelling debt load and volatile refining margins raise real questions about how long the…
Pre-Market Stock Futures: Futures are tumbling this morning as yields surge higher and oil rises again. After two solid days to start the first full trading week of the 4th quarter, the…
Trump floated banning US diesel exports and refiners immediately started selling off, but the gap between a presidential preference and a signed policy is where billions in market-leading gains now hang.
Diesel margins just ran five times their normal range as Russian barrels vanished and Gulf throughput cratered, sending Phillips 66 on a historic run. But the question rattling analysts is whether the…
On September 1, shareholders of three companies spanning oil refining, retail, and banking all received dividend checks on the same day, but two of those checks arrived at a rate investors had…
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Refinery stocks like Marathon Petroleum and Valero have delivered gains that crush the S&P 500 this year, and crude oil prices have almost nothing to do with it. One obscure industry metric…
Gasoline prices swung wildly this spring, and the volatility punished some investors while quietly setting up others for outsized gains. Five energy stocks sit at the intersection of refining margins, crude production,…
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Bernstein analyst Bob Brackett has a reframe for income investors who keep dismissing energy stocks because the headline yield looks thin against the 10-year Treasury. On a recent episode of The Real…