OverviewSuggest Edit

Phillips 66 operates as an energy manufacturing and logistics company. The company 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. 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 refineries. The M&S segment purchases for resale and markets refined petroleum products consisting of gasolines, distillates, and aviation fuels. It also manufactures and sells specialty products, such as petroleum coke, waxes, solvents, and polypropylene. Phillips 66 is also involved in the generation of electricity.

TypePublic
Founded1875
HQHouston, US
Websitephillips66.com
Employee Ratings3.8
Culture scoreC

Locations

Phillips 66 is headquartered in
Houston, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)14,500(+3%)
Job Openings17
Revenue (FY, 2019)$107.3 B(-6%)
Share Price (May 2020)$78.6 (-3%)

Key People/Management at Phillips 66

Greg C. Garland

Greg C. Garland

Chairman and CEO
Jay D. Churchill

Jay D. Churchill

Senior Vice President, Health, Safety and Environment, and Projects
Jeff Dietert

Jeff Dietert

Vice President, Investor Relations
Zhanna Golodryga

Zhanna Golodryga

Senior Vice President, Chief Digital and Administrative Officer
Robert A. Herman

Robert A. Herman

Executive Vice President, Refining
Paula Johnson

Paula Johnson

Executive Vice President, Legal and Government Affairs, General Counsel, Corporate Secretary
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Phillips 66 Office Locations

Phillips 66 has offices in Houston, Arroyo Grande, Bakersfield, Billings and in 29 other locations
Houston, US (HQ)
2331 CityWest Blvd
Arroyo Grande, US
2555 Willow Rd
Bakersfield, US
4915 Calloway Dr #102
Billings, US
401 S 23rd St
Carson, US
1520 E Sepulveda Blvd
Denver, US
370 17th St #5600
Show all (35)

Phillips 66 Financials and Metrics

Phillips 66 Revenue

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View revenue for all periods
Phillips 66's revenue was reported to be $107.29 b in FY, 2019
USD

Revenue (Q1, 2020)

20.9b

Gross profit (Q1, 2020)

2.4b

Gross profit margin (Q1, 2020), %

11.7%

Net income (Q1, 2020)

(2.4b)

EBIT (Q1, 2020)

(2.5b)

Market capitalization (28-May-2020)

34.3b

Closing stock price (28-May-2020)

78.6

Cash (31-Mar-2020)

1.2b

EV

46.0b
Phillips 66's current market capitalization is $34.3 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

100.9b85.8b104.6b114.2b107.3b

Revenue growth, %

(38%)(15%)22%9%

Cost of goods sold

73.4b62.5b79.4b97.9b95.5b

Gross profit

27.6b23.3b25.2b16.3b11.8b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

17.8b22.3b22.0b23.7b24.6b26.2b24.0b53.8b29.8b23.1b27.8b27.2b20.9b

Cost of goods sold

11.9b16.2b16.0b17.7b18.4b19.5b21.1b46.9b26.4b21.1b24.6b23.8b18.4b

Gross profit

5.8b6.1b6.1b6.0b6.2b6.7b2.9b6.9b3.4b2.0b3.3b3.4b2.4b

Gross profit Margin, %

33%27%28%25%25%26%12%13%11%9%12%13%12%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.5b5.4b5.2b3.1b2.7b3.1b3.0b1.6b

Accounts Receivable

5.5b6.4b5.4b7.4b

Prepaid Expenses

655.0m474.0m495.0m

Inventories

3.4b3.4b3.4b3.5b3.2b3.4b3.5b3.8b
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

3.1b4.4b4.8b4.2b5.9b5.3b5.0b3.1b5.4b5.1b4.8b1.7b2.2b2.3b1.5b2.2b1.5b842.0m1.9b924.0m1.3b1.8b2.3b1.2b

Accounts Receivable

6.8b7.3b6.7b7.1b4.0b

Prepaid Expenses

718.0m713.0m907.0m696.0m1.5b875.0m915.0m656.0m742.0m594.0m

Inventories

5.0b5.5b5.7b5.8b5.0b4.7b5.9b4.9b5.7b4.2b4.1b4.4b4.1b4.0b3.9b4.4b4.2b4.5b4.7b4.9b5.5b5.3b5.1b5.5b5.3b
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

4.1b3.7b4.8b4.3b1.6b5.2b5.9b3.4b

Depreciation and Amortization

913.0m1.1b1.2b1.3b1.4b1.4b

Inventories

55.0m38.0m(85.0m)(144.0m)216.0m(176.0m)(202.0m)(204.0m)

Accounts Payable

(985.0m)360.0m(3.3b)(2.3b)1.6b1.2b(1.5b)1.9b
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

636.0m1.8b3.4b1.4b2.4b2.9b1.6b2.5b3.6b997.0m2.0b3.6b398.0m914.0m1.5b563.0m1.1b2.0b2.0b3.6b270.0m1.8b2.6b(2.4b)

Depreciation and Amortization

216.0m440.0m669.0m245.0m476.0m712.0m234.0m473.0m722.0m253.0m527.0m797.0m280.0m570.0m863.0m315.0m635.0m972.0m336.0m673.0m1.0b331.0m665.0m1.0b342.0m

Inventories

(1.5b)(2.0b)(2.3b)(2.4b)(1.7b)(2.2b)(1.8b)(1.5b)(2.0b)(1.6b)

Accounts Payable

2.0b(33.0m)1.9b2.5b1.6b2.0b1.5b1.7b299.0m(349.0m)394.0m(1.1b)98.0m1.5b1.0b(496.0m)(308.0m)464.0m(552.0m)1.3b1.3b2.5b1.4b1.8b(3.2b)
USDY, 2020

EV/EBIT

-18.4 x

EV/CFO

212.2 x

Financial Leverage

2.3 x
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Phillips 66 Operating Metrics

FY, 2013FY, 2014FY, 2015

Oil Production, barrels per day

2.08 b2.11 b1.99 b
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Phillips 66 Revenue Breakdown

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Phillips 66 revenue breakdown by business segment: 69.1% from Marketing and Specialties, 24.1% from Refining and 6.8% from Other

Phillips 66 revenue breakdown by geographic segment: 73.9% from United States, 6.5% from Germany, 10.4% from United Kingdom and 9.1% from Other

Phillips 66 Online and Social Media Presence

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Phillips 66 Company Culture

  • Overall Culture

    C

    63/100

  • CEO Rating

    D

    59/100

  • Compensation

    A+

    82/100

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Phillips 66 Frequently Asked Questions

  • When was Phillips 66 founded?

    Phillips 66 was founded in 1875.

  • Who are Phillips 66 key executives?

    Phillips 66's key executives are Greg C. Garland, Jay D. Churchill and Jeff Dietert.

  • How many employees does Phillips 66 have?

    Phillips 66 has 14,500 employees.

  • What is Phillips 66 revenue?

    Latest Phillips 66 annual revenue is $107.3 b.

  • What is Phillips 66 revenue per employee?

    Latest Phillips 66 revenue per employee is $7.4 m.

  • Who are Phillips 66 competitors?

    Competitors of Phillips 66 include World Fuel Services, Delek US Holdings and HollyFrontier.

  • Where is Phillips 66 headquarters?

    Phillips 66 headquarters is located at 2331 CityWest Blvd, Houston.

  • Where are Phillips 66 offices?

    Phillips 66 has offices in Houston, Arroyo Grande, Bakersfield, Billings and in 29 other locations.

  • How many offices does Phillips 66 have?

    Phillips 66 has 35 offices.