As the world opened up in 2021, Phillips 66 bounced back; its revenue rose 75.4%, to $116 billion, boosted by the rebound in fuel consumption. As a major operator of refineries and gas stations, the company’s profit margins can be vulnerable when oil prices are particularly high, but Phillips was still able to produce $1.3 billion in profit. In April 2022, Mark Lashier, formerly president and CEO of the Chevron Phillips Chemical Company joint venture, succeeded Greg Garland as Phillips 66 CEO.
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Company Information
As of 8/3/2022
Country
U.S.
Headquarters
Houston
Industry
Petroleum Refining
CEO
Mark E. Lashier
Website
Company Type
Public
Ticker
PSX
Revenues ($M)
$114,852
Profits ($M)
$1,317
Market Value ($M)
$41,091
Employees
14,000
Excise taxes have been deducted.Market value as of July 19, 2022.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$114,852
75.4%
Profits ($M)
$1,317
-
Assets ($M)
$55,594
-
Total Stockholder Equity ($M)
$19,166
-
Profit Ratios
Profit as % of Revenues
1.1%
Profits as % of Assets
2.4%
Profits as % of Stockholder Equity
6.9%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
297
EPS % Change (from 2020)
-
EPS % Change (5 year annual rate)
0.3%
EPS % Change (10 year annual rate)
-
Total Return
Total Return to Investors (2021)
8.6%
Total Return to Investors (5 year, annualized)
0.4%
Total Return to Investors (10 year, annualized)
-
Phillips 66 Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $65,494-40.2% | $-3,975-229.2% | $54,721 | $18,984 |
| 2020 | $109,559-4.1% | $3,076-45% | $58,720 | $24,910 |
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