Analysis
Key facts
Part of Phillips 66, Phillips 66 Co. is an energy company engaged in refining, midstream pipeline and asset management, marketing, chemicals, and emerging energy sectors such as energy research and innovation. The company is based in Houston, TX. The company processes crude oil into products including aviation fuels, jet fuel, avgas, gasoline, diesel, lubricants, asphalt, and specialty chemicals used in items like cosmetics, paint, and electrical wiring. Phillips 66 operates 11 refineries, 200 terminals, and approximately 7,000 branded sites under fuel brands including Phillips 66, Conoco, 76, Jet, and Coop, and distributes lubricants in over 80 countries. Its aviation division produces avgas, supplies fixed base operators, and develops sustainable aviation fuels. The company invests in renewable fuels, hydrogen, batteries, carbon capture, and technologies for refining, and emphasizes pipeline safety and community education. The company was founded in 1927. The CEO is Greg C. Garland.
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