Phillips 66
0KHZ.L
London Stock Exchange186.70
USD
+9.69
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Phillips 66
0KHZ.L
(London Stock Exchange)
Recent
price
186.70
P/E
ratio
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div
yld
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ROIC.AI
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- Business
- Phillips 66 Company (NYSE: PSX; LSE: 0KHZ) operates as a diversified energy manufacturing and logistics provider focused on refining, midstream, chemicals, renewable fuels, marketing, and specialties segments. The company produces and markets a broad portfolio of products and services, including refined petroleum products such as gasoline, distillates, aviation fuels, and base oils; natural gas liquids gathering, processing, transportation, and fractionation; petrochemicals and plastics through its Chevron Phillips Chemical joint venture; specialty chemicals, lubricants under brands like Kendall, greases, hydraulic fluids, coolants, and metalworking fluids; renewable diesel and sustainable aviation fuel from facilities like the Rodeo Renewable Energy Complex; and fuel coke, specialty coke for steel, aluminum, and battery industries. Phillips 66 maintains 13 refineries with 2.2 million barrels per day crude oil processing capacity, 15,000 miles of pipelines, and 10,000 branded marketing outlets under Conoco, 76, Phillips 66, and JET brands; it serves commercial, industrial, wholesale, and retail customers worldwide with operations spanning the United States, United Kingdom, Germany, Austria, Switzerland, and other regions. Headquartered in Houston, Texas, since its founding in 2012 as a spin-off from ConocoPhillips, the company employs approximately 14,000 people globally. Recent strategic developments include the October 2025 completion of its acquisition of the remaining 50% interest in WRB Refining LP from Cenovus Energy for $1.4 billion, granting full ownership of the Wood River and Borger refineries to enhance integration and synergies of about $50 million annually; the January 2025 $2.2 billion purchase of EPIC Y-Grade NGL pipeline and fractionation assets to bolster Permian Basin connectivity to Gulf Coast markets; the May 2024 $550 million acquisition of Pinnacle Midstream to expand natural gas gathering and processing in the Midland Basin; full operation of the Dos Picos II 220 MMCF/D plant and Coastal Bend pipeline expansion to 225 MBD capacity in 2025; and an open season for the proposed Western Gateway Pipeline serving Mid-Continent to Arizona, California, and Nevada.