Overview

Phillips 66 was incorporated in 2011 and headquartered in Texas. In April 2012, the company separated its business from ConocoPhillips and traded publically. The company refines and market petroleum products, such as gasoline, diesel, jet fuel, and lubricants; gather and process natural gas and natural gas liquids (NGL) for powering businesses, heating homes, cooking, and electricity; and manufacture petrochemicals, polymers, and plastics found in cars, electronics, and other everyday goods. The company operates in four segments such as midstream, chemicals, refining, and marketing & specialties. The company markets gasoline, diesel, and aviation fuel through marketer and joint venture outlets that utilize the Phillips 66, Conoco, or 76 brands. The company markets retail and wholesale products in Austria, Germany, and the United Kingdom under the JET brand. In addition, Phillips 66 markets refined products in Switzerland through a joint venture under the Coop brand name. In 2022, the company had 13000 employees and generated $175,702 million in revenue. In 2022, the company had approximately 7,200 branded outlets in 48 states and Puerto Rico.