PSX
NYSE
Energy
$171.65
USD
-$0.11 (-0.06%)
Last close
Market Cap:
$68.86B
Volume:
3M
Previous Close
$171.76
Day Range
$170.75 - $173.61
52 Week Range
$118.00 - $190.61
Average Volume (10 Days)
3.3M
P/E Ratio
15.64
Dividend Yield
2.85%
Phillips 66 engages in the processing, transportation, storage, and marketing of fuels and other related products. The company is headquartered in Houston, Texas and currently employs 12,600 full-time employees. The company went IPO on 2012-04-12. The firm's Midstream segment provides crude oil and refined petroleum product transportation, terminating and processing services, as well as natural gas and natural gas liquids (NGL) transportation, storage, fractionation, gathering, processing and marketing services. Its Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company LLC, which manufactures and markets petrochemicals and plastics on a worldwide basis. Its Refining segment refines crude oil and other feedstocks into petroleum products, such as gasoline, distillates, including aviation fuels. Its Marketing and Specialties segment purchases for resale and markets refined products, mainly in the United States and Europe. Its Renewable Fuels segment processes renewable feedstocks into renewable products at the Rodeo Renewable Energy Complex and at its Humber Refinery.
CEO
Mr. Mark Lashier
Headquaters
Houston, TEXAS, US
Founded
2012
Employees
12,600
Phillips 66 disclosed nearly $900 million in mark-to-market losses on its oil derivative positions after crude prices surged 68% following the closure of the Strait of Hormuz. The refiner also faced $3 billion in collateral requirements and secured new financing to maintain liquidity during the energy market disruption.
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