Cyclum NextGen Travel Centers, an innovator in zero carbon fuels and the next generation in travel centers, is proud to announce a branding agreement with Phillips 66 and its iconic 76® brand. "This agreement strengthens our mission to lead in renewable fuel innovation," said Brian Profitt, CEO of Cyclum. "By combining Phillips 66's fuel expertise with Cyclum's vision and plan for zero carbon energy, we're building a foundation to meet the growing demand for multiple fuel solutions." "We are excited to team with Cyclum to bring our brand and their travel centers to consumers," said Rod Palmer, vice president of U.S. and U.K. marketing at Phillips 66. "We are focused on providing an elev

Phillips 66 and retailer Mach 1 are transforming the checkout experience at fuel and convenience stores with the launch of an automated, AI-powered bulk scanning self-checkout solution. NCR Voyix Corporation (NYSE:VYX), a leading global provider of digital commerce solutions for the retail and restaurant industries, announced that the best-in-class computer vision solution, NCR Voyix Halo Checkout, has been live at a select Phillips 66® branded Mach 1 station since November 2024. The solution is available now for pre-order across the US, Canada, UK and EU. This advanced checkout solution's artificial intelligence accurately identifies products, ensuring the customer checkout experience is

EPIC Y-Grade, LP ("EPIC Y-Grade" or "the Company") announced that it has entered into definitive agreements with Phillips 66 (NYSE:PSX) to sell its natural gas liquids ("NGL") business for total cash consideration of $2.20 billion, subject to customary purchase price adjustments. EPIC Y-Grade owns long haul natural gas liquids pipelines and fractionation facilities that serve both the Permian and Eagle Ford basins. "EPIC has transformed its NGL business over the past few years and this transaction affirms our team, our strategy, and our execution," said Brian Freed, Chief Executive Officer of EPIC. "We have developed natural gas liquids assets in Corpus Christi and Sweeny with downstream

Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems ("EPIC NGL") for total cash consideration of $2.2 billion, subject to customary purchase price adjustments. Upon closing, this transaction is expected to be immediately accretive to earnings per share. "This transaction bolsters Phillips 66's position as a leading integrated downstream energy provider," said Mark Lashier, chairman and CEO of Phillips 66. "This transaction optimizes our Permian NGL value chain, allows Phillips 66 t

Mark Lashier, chairman and CEO of Phillips 66 (NYSE:PSX), Kevin Mitchell, executive vice president and CFO, Don Baldridge, executive vice president of Midstream and Chemicals, and Jeff Dietert, vice president of Investor Relations, will participate in a fireside chat at the Goldman Sachs Energy, CleanTech & Utilities Conference at 10:20 a.m. ET on Tuesday, Jan. 7, 2025. The Phillips 66 leaders will discuss the company's plans to continue advancing strategic priorities across its segments to deliver shareholder value and maintaining its ongoing commitment to disciplined capital allocation. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site

Fortune 500 Oil Refinery To Use CleanTech & MarkStar Systems Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing, announced today that it has received a dual order from global oil refiner Phillips 66 for a CleanTech and a MarkStar laser systems. "We are honored to welcome Phillips 66 as our new client and deliver our industrial-grade laser technologies to a major U.S. oil refinery," said Wayne Tupuola, CEO of LPC. "The company's commitment to safety, sustainability, and innovation aligns with our mission to provide cleaner and safer solutions for material processing. This order underscores th

Phillips 66 (NYSE:PSX) executive management will host a webcast at noon ET on Friday, Jan. 31, 2025, to discuss the company's fourth-quarter and full-year 2024 financial results, which will be released earlier that day. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site, phillips66.com/investors. A replay of the webcast will be archived on the Events and Presentations page approximately two hours after the event, and a transcript will be available at a later date. About Phillips 66 Phillips 66 (NYSE:PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. T

Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC, which owns a 25% non-operated equity interest in Gulf Coast Express Pipeline LLC, to an affiliate of ArcLight Capital Partners, LLC for pre-tax total cash proceeds of $865 million, subject to purchase price adjustments. "With this transaction, we have exceeded our $3 billion asset divestiture target established in our strategic priorities. We intend to continue to optimize the portfolio and rationalize non-core assets going forward," said Mark Lashier, chairman and CEO of Phillips 66. "The evolution of our portfolio underscores our position as a leading integrated downstrea

Phillips 66 (NYSE:PSX) today announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital. "We continue to demonstrate capital discipline, aligning our investments with our strategic priorities," said Mark Lashier, chairman and CEO of Phillips 66. "The budget underscores our dedication to delivering value to shareholders by funding growth in the NGL wellhead-to-market value chain and further enhancing refining competitiveness." In Midstream, the capital budget of $975 million comprises $429 million for sustaining projects and $546 million for growth projects. The budget advances the integrated NGL wellhead-to-market v

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of "a" (Excellent) of Spirit Insurance Company (Spirit) (Colchester, VT) and Radius Insurance Company (Radius) (Cayman Islands). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Spirit and Radius' balance sheet strength, which AM Best assesses as very strong, as well as each company's adequate operating performance, neutral business profile and appropriate enterprise risk management. Spirit and Radius each have the inherent benefits of financial flexibility and support as captive insurers for their ultimate parent, Phillips 66 (NYSE:PSX), with integrate

Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems ("EPIC NGL") for total cash consideration of $2.2 billion, subject to customary purchase price adjustments. Upon closing, this transaction is expected to be immediately accretive to earnings per share. "This transaction bolsters Phillips 66's position as a leading integrated downstream energy provider," said Mark Lashier, chairman and CEO of Phillips 66. "This transaction optimizes our Permian NGL value chain, allows Phillips 66 t

Phillips 66 (NYSE:PSX) announced today that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC, which owns a 25% non-operated equity interest in Gulf Coast Express Pipeline LLC, to an affiliate of ArcLight Capital Partners, LLC for pre-tax total cash proceeds of $865 million, subject to purchase price adjustments. "With this transaction, we have exceeded our $3 billion asset divestiture target established in our strategic priorities. We intend to continue to optimize the portfolio and rationalize non-core assets going forward," said Mark Lashier, chairman and CEO of Phillips 66. "The evolution of our portfolio underscores our position as a leading integrated downstrea

Phillips 66 (NYSE:PSX) today announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital. "We continue to demonstrate capital discipline, aligning our investments with our strategic priorities," said Mark Lashier, chairman and CEO of Phillips 66. "The budget underscores our dedication to delivering value to shareholders by funding growth in the NGL wellhead-to-market value chain and further enhancing refining competitiveness." In Midstream, the capital budget of $975 million comprises $429 million for sustaining projects and $546 million for growth projects. The budget advances the integrated NGL wellhead-to-market v

Reported third-quarter earnings of $346 million or $0.82 per share; adjusted earnings of $859 million or $2.04 per share Returned $1.3 billion to shareholders through dividends and share repurchases Achieved business transformation $1.4 billion run-rate savings target, including $1 per barrel Refining cost reduction Progressed asset dispositions totaling $2.7 billion toward $3 billion target, including recently executed agreements Phillips 66 (NYSE:PSX), a leading integrated downstream energy provider, announced third-quarter earnings. "Our employees continue to execute our strategic priorities, deliver strong operating performance and leverage the benefits of our differentiated d

Facility expects to cease operations in the fourth quarter of 2025 Company will work with the state of California to supply fuel markets and meet ongoing consumer demand Phillips 66 (NYSE:PSX) announced plans to cease operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet ongoing consumer demand. "We understand this decision has an impact on our employees, contractors and the broader community," said Mark Lashier, chairman and CEO of Phillips 66. "We will work to help and support them through this transition." Approximately 600 employees and 300 contractors currently operate the Los Angeles-a

Phillips 66 (NYSE:PSX) announced today that its subsidiary, Phillips 66 Limited, has entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG ("CMA") to its Swiss joint venture partner. It will receive cash of 1.06 billion Swiss francs (approximately $1.24 billion) consisting of a 1 billion Swiss franc sales price (approximately $1.17 billion) and an assumed dividend of 60 million Swiss francs (approximately $70 million) for financial year 2024 to be paid at or prior to closing. The sales price is subject to adjustment based on the amount of the dividend. "This transaction marks significant progress in delivering on our commitment of ove

The board of directors of Phillips 66 (NYSE:PSX) has declared a quarterly dividend of $1.15 per share on Phillips 66 common stock. The dividend is payable on Dec. 2, 2024, to shareholders of record as of the close of business on Nov. 18, 2024. About Phillips 66 Phillips 66 (NYSE:PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company's portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pu

Second-quarter earnings of $1.0 billion or $2.38 per share; adjusted earnings of $984 million or $2.31 per share $1.3 billion returned to shareholders through dividends and share repurchases Record Midstream NGL pipeline and fractionation volumes; synergy capture driving lower costs Strong Refining operations with 98% crude utilization, 86% clean product yield and lower costs Phillips 66 (NYSE:PSX), a leading diversified and integrated downstream energy provider, announced second-quarter earnings. "We are systematically executing on our strategic priorities, which is reflected in our second-quarter results," said Mark Lashier, chairman and CEO of Phillips 66. "Refining crude

The board of directors of Phillips 66 (NYSE:PSX) has declared a quarterly dividend of $1.15 per share on Phillips 66 common stock. The dividend is payable on Sept. 3, 2024, to shareholders of record as of the close of business on Aug. 20, 2024. About Phillips 66 Phillips 66 (NYSE:PSX) is a leading diversified and integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company's portfolio includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while

Company offers a look into how it is approaching the future of energy Phillips 66 (NYSE:PSX) released its 2024 Sustainability and People Report today, demonstrating the company's approach to helping supply the world's growing energy needs while advancing projects to reduce emissions and foster growth. "This report is both a snapshot of our employees' achievements and a roadmap for the future as we continue to deliver on our strategic priorities," said Phillips 66 Chairman and CEO Mark Lashier. "Our successes in 2023 demonstrate our commitment to carrying out our mission of providing energy and improving lives. We are energized by the opportunities ahead as we pursue lower-carbon and oth

4 - Phillips 66 (0001534701) (Issuer)