Phillips 66

Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment gathers, processes, transports, and markets natural gas; and transports, fractionates, and markets natural gas liquids in the United States. This segment also transports crude oil and other feedstocks to its refineries and other locations, as well as delivers refined and specialty products, and provides terminaling and storage services for crude oil and petroleum products. The Chemicals segment manufactures and markets ethylene and other olefin products; aromatics products, such as benzene, styrene, paraxylene, and cyclohexane, as well as polystyrene and styrene-butadiene copolymers; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, drilling chemicals, and mining chemicals. The Refining segment buys, sells, and refines crude oil and other feedstocks into petroleum products comprising gasolines, distillates, and aviation fuels at 14 refineries primarily in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products consisting of gasolines, distillates, and aviation fuels in the United States and Europe. It also manufactures and sells specialty products, such as petroleum coke, waxes, solvents, and polypropylene. In addition, this segment is involved in the generation of electricity.

Houston, US
Size (employees)
14,800 (est)+6%
Phillips 66 was founded in 1875 and is headquartered in Houston, US

Key People at Phillips 66

Greg Garland

Greg Garland

Chairman & CEO
Tim Tayor

Tim Tayor

Merl Lindstrom

Merl Lindstrom

Vice President
Robert Herman

Robert Herman

Executive Vice President
Timothy Roberts

Timothy Roberts

Executive Vice President
Lawrence Ziemba

Lawrence Ziemba

Executive Vice President
Sonya Reed

Sonya Reed

Senior Vice President, Human Resources, Communications and Public Affairs
Kevin Mitchell

Kevin Mitchell

Executive Vice President & Chief Financial Officer
Paula Johnson

Paula Johnson

Executive Vice President, Legal and Government Affairs, General Counsel, Corporate Secretary
Jay Churchill

Jay Churchill

Senior Vice President

Phillips 66 Office Locations

Phillips 66 has offices in Houston, Washington, Los Angeles, Watford and in 20 other locations
Houston, US (HQ)
3010 Briarpark Dr

Phillips 66 Metrics

Phillips 66 Financial Metrics

Revenue (2016)

$85.8 b

Revenue growth (2015-16), %


Gross profit

$23.3 b

Gross profit margin (2016), %


Net income (2016)

$1.6 b

Market capitalization (28-Apr-2017)

$41.2 b

Closing share price (28-Apr-2017)


Cash (31-Dec-2016)

$2.7 b
Phillips 66's current market capitalization is $41.2 b.
Phillips 66's revenue was reported to be $85.8 b in FY, 2016 which is a 15% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$174.8 b$164.1 b$100.9 b$85.8 b

Revenue growth, %


Cost of goods sold

$148.2 b$135.7 b$73.4 b$62.5 b

Gross profit

$26.6 b$28.3 b$27.6 b$23.3 b

Gross profit Margin, %


Pre tax profit

$5.5 b$5.7 b$6 b$2.2 b

Net Income

$3.7 b$4.8 b$4.3 b$1.6 b
FY, 2013FY, 2014FY, 2015FY, 2016


$5.4 b$5.2 b$3.1 b$2.7 b


$3.4 b$3.4 b$3.5 b$3.2 b

Current Assets

$19.2 b$16.7 b$12.3 b$12.7 b


$15.4 b$17.3 b$19.7 b$20.9 b


$3.1 b$3.3 b$3.3 b$3.3 b

Total Assets

$49.8 b$48.7 b$48.6 b$51.7 b

Accounts Payable

$9.9 b$7.5 b$5.2 b$6.4 b

Total Debt

$6.2 b$8.7 b$8.9 b$10.1 b

Current Liabilities

$12.9 b$11.1 b$7.5 b$9.5 b

Retained Earnings

$5.6 b$9.3 b$12.3 b$12.6 b

Total Equity

$22.4 b$22 b$23.9 b$22.4 b

Debt to Equity Ratio

0.3 x0.4 x0.4 x0.5 x

Debt to Assets Ratio

0.1 x0.2 x0.2 x0.2 x

Financial Leverage

2.2 x2.2 x2 x2.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$3.7 b$4.8 b$4.3 b$1.6 b


$38 m($85 m)($144 m)$216 m

Accounts Payable

$360 m($3.3 b)($2.3 b)$1.6 b

Cash From Operating Activities

$6 b$3.5 b$5.7 b$3 b

Cash From Investing Activities

($444 m)($2.3 b)($5.7 b)($3.2 b)

Long-term Borrowings

($1 b)($49 m)($926 m)($833 m)

Dividends Paid

($807 m)($1.1 b)($1.2 b)($1.3 b)

Cash From Financing Activities

($3.7 b)($1.4 b)($2.1 b)($178 m)

Phillips 66 Operating Metrics

FY, 2013FY, 2014FY, 2015

Oil Production Volume, barrels per day

2.08 b2.11 b1.99 b

    Phillips 66 Market Value History

    Phillips 66 Median Salaries

    Source: 60 public H-1B filings from Phillips 66

    Phillips 66 Online Presence

    Phillips 66 Company Life

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