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Phillips 66

Company Summary

Description

The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. It debuted as an independent energy company when ConocoPhillips executed a spin-off of its downstream and midstream assets.

Website

http://www.phillips66.com/

Financial Data:

NYSE:PSX from Google Finance

Tickers:

  • PSX - New York Stock Exchange

Related Entities

Firm Transport Commitments

Project: Bayway Lateral Project
Firm Commitment: 150,000 Dth/d

Recent news

  • 11/15/2022 - Phillips 66 Notes... (subscriber access)
  • 11/15/2022 - Phillips 66 Announces... (subscriber access)
  • 11/15/2022 - Phillips 66 Announces... (subscriber access)
  • 11/15/2022 - Phillips 66 Announces... (subscriber access)
  • 11/9/2022 - Phillips 66 Announces... (subscriber access)

Investor Presentations

  • 3Q22 Earnings Presentation
  • 2Q19 Earnings Presentation (subscriber access)
  • 2Q18 Investor Presentation (subscriber access)
  • Fourth Quarter 2017 Earnings Slides (subscriber access)
  • Investor Update – November 2017 (subscriber access)
  • Third-Quarter 2017 Earnings Conference Call (subscriber access)
  • Investor Update – September 2017 (subscriber access)
  • September 2017 Barclays CEO Energy – Power Conference (subscriber access)
  • 2Q17 Investor Slides (subscriber access)
  • 1Q17 Investor Presentation (subscriber access)
  • Fourth Quarter 2016 Earnings Slides (subscriber access)
  • July 2016 Investor Presentation (subscriber access)

Company Transactions

Date: 4/15/2022
Type: Acquisition

BUYERS:
  • Phillips 66
  • DETAILS:
    NOTES:
    Phillips 66 (PSX) has entered into an agreement to acquire all publicly held common unites of Phillips 66 Partners (PSXP) that they do not already own. The plan will close in the first quarter of 2022 via an all-stock transaction at a fixed exchange ratio of 0.50 OSX shares for each PSXP common unit.

    Date: 2/24/2020
    Type: Acquisition

    SELLERS:
  • Phillips 66
  • PROJECTS:
  • Liberty Pipeline
  • DETAILS:

    COST: 75 $MM

    NOTES:
    Phillips 66 Partners has acquired a 50% interest in the Liberty Pipeline from Phillips 66 for $75 million. They will fund the deal with cash on hand and the credit facility.
    REGIONS:
  • Bakken
  • Cushing Oil Terminal
  • Date: 10/2/2017
    Type: Acquisition

    NOTES:
    Phillips 66 Partners has entered into a deal to acquire a 25% stake in Dakota Access, LLC and Energy Transfer Crude Oil Company and a 100% interest in Merey Sweeny, LP from Phillips 66. The acquisition has a transactional value of $2.4 billion, which includes the assumption of $625 million in Bakken Pipeline debt and $100 million in Merey Sweeny related debt. The deal is set to close in early October 2017.
    REGIONS:
  • Rockies
  • Gulf Coast
  • Date: 10/11/2016
    Type: Acquisition

    NOTES:
    Phillips 66 Partners has reached an agreement to buy 30 crude, refined products and natural gas liquids logistics assets for a total consideration of $1.3 billion from Phillips 66.
    REGIONS:
  • United States