Phillips 66 Company

Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. As an integrated downstream energy provider, its core business encompasses refining, transporting, and marketing natural gas liquids (NGL) and petrochemicals. The company's mission is "to provide reliable, lower-carbon energy and products that improve lives worldwide."

Phillips 66 operates through several key segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels. Its diverse product portfolio includes gasoline, diesel, jet fuel, natural gas, and a wide array of petrochemicals such as ethylene, olefins, aromatics, and specialty chemicals. The company also manufactures and markets lubricants under brands like Kendall and Red Line, as well as aviation fuels, petroleum coke, solvents, and polypropylene. Phillips 66 serves a broad customer base, including wholesale fuel markets, the petrochemical industry, businesses transitioning to lower-carbon solutions, retail motorists, commercial fleets, airlines, and manufacturers.

Mark Lashier serves as the Chairman and CEO of Phillips 66. The company is a significant player in the energy sector, having been ranked No. 29 on the Fortune 500 and No. 74 on the Fortune Global 500 as of 2022. As of early 2025, Phillips 66 is recognized as the fourth-largest U.S. refiner, boasting approximately 1.9 million barrels per day of global refining capacity. The company is strategically shifting towards lower-carbon energy solutions, notably with the Rodeo Renewable Energy Complex, which focuses on producing renewable diesel and sustainable aviation fuel. In recent news, Phillips 66 reported a surprise first-quarter profit in Q1 2026, driven by higher refining margins. Additionally, in April 2026, the company completed the acquisition of Lindsey Oil Refinery assets and advanced its Western Gateway Pipeline Project.