Phillips 66

Phillips 66 takes crude oil and refines it into gasoline, diesel, and aviation fuel at its refineries, then moves those products through its own pipeline and storage network to gas stations and industrial customers [Yahoo Finance]. The company also manufactures chemicals and plastics used in consumer and industrial products, and produces renewable diesel and sustainable aviation fuel from non-petroleum feedstocks [Yahoo Finance].

Phillips 66 is a Houston-based downstream energy company that refines crude oil, transports petroleum products through pipelines, manufactures petrochemicals, and markets fuel under brands like Phillips 66, Conoco, and 76 [Yahoo Finance]. The company operates across five business segments—Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels—generating $132.2 billion in annual revenue [Yahoo Finance]. Phillips 66 recently beat Q1 2026 earnings expectations by $0.88 per share, driven by stronger refining margins and higher capacity utilization [Yahoo Finance].

Phillips 66 is financially healthy with solid profitability and manageable debt levels [Yahoo Finance].