Phillips 66

Phillips 66 is an integrated downstream energy company that manufactures, transports and markets refined products, chemicals and related goods. Established in 2012 and headquartered in Houston, Texas, the company combines what it describes as nearly 150 years of combined industry experience, drawn from a mix of heritage, joint venture and acquired brands. Its stated mission is to provide energy and improve lives.

The business is organised into five segments: Midstream, Refining, Chemicals, Marketing and Specialties, and Renewable Fuels. Midstream operations span the crude oil and natural gas liquids value chains, with infrastructure in hydrocarbon corridors including the Permian Basin and the Western Canadian Oil Sands. Technical work spans refining, chemicals, hydrocarbon infrastructure and renewable fuels, alongside activity relating to the transition to lower-carbon energy.

Operations are conducted across North America and globally. The company reports that it has returned more than 50% of net cash flow from operations to shareholders. Its stated values centre on safety, honour and commitment, with an emphasis on operating safely and reliably.