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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

  • 8/12/2020 - P66 Converting San... (subscriber access)
  • 7/31/2020 - CPChem & Qatar Petroleum... (subscriber access)
  • 7/31/2020 - P66 Beaumont Terminal... (subscriber access)
  • 7/31/2020 - P66 Completed the... (subscriber access)
  • 7/31/2020 - P66 Sweeny Hub Frac... (subscriber access)

Investor Presentations

  • 2Q19 Earnings Presentation
  • 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: 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