Phillips 66

AI Summary

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].

Recent News

• 3 Energy Stocks Worth Holding for 10 Years

  Nasdaq· 2026-05-20

• Phillips 66 (PSX) Is Up 2.70% in One Week: What You Should Know

  Yahoo Finance· 2026-05-18

• Phillips 66 deepens Permian-to-Gulf integration with Zeus and Coastal Bend expansion

  Yahoo Finance· 2026-05-18

• Iran Ceasefire Trade: 3 Energy Stocks to Own if Oil Falls to $80

  Yahoo Finance· 2026-05-18

• Is Phillips 66 (PSX) Among the Energy Stocks that Crushed Earnings Estimates in the First Quarter?

  Yahoo Finance· 2026-05-18

• Phillips 66 Midstream Expansions And Valuation Signal For PSX Investors

  Simply Wall St· 2026-05-19