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P6
International Oil Company
Downstream
NYSE: PSX
Phillips 66
Houston, Texas, United States
· Established 2012 · Profile updated July 1, 2026
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Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Phillips 66 is a diversified energy manufacturing company with refining (2.0 mbpd capacity), midstream (DCP Midstream, Phillips 66 Partners), chemicals (Chevron Phillips Chemical 50% JV), and marketing segments. Spun off from ConocoPhillips in 2012.
FY2024 revenue approximated $130 billion with net income near $3.5 billion. Rodeo Renewed project converted San Francisco refinery to renewable fuels. Midstream NGL processing provides fee-based earnings stability.
Portfolio optimisation includes e...
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