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  • Previous Rank74
  • Revenues ($M)$72,396
  • Revenue Percent Change-16.9%
  • Profits ($M)$1,555
  • Profits Percent Change-63.2%
  • Assets ($M)$51,653
  • Employees14,800

As one of the country’s largest independent refiners, Phillips 66 hasn’t taken as severe a beating from the cheap-oil shocks that shook the rest of the energy industry. In 2016, its refinery business drove earnings (though they still fell short of the year before). And although the company is known for refining, its holdings are remarkably diversified: it also owns more than 60,000 miles of natural gas pipelines and a significant chemicals business. Also notable: Both Warren Buffett and Donald Trump are shareholders.

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Company Information

Greg C. Garland
Petroleum Refining
HQ Location
Houston, TX
Years on Global 500 List5

Phillips 66 Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$72,396-16.9%
Profits ($M)$1,555-63.2%
Assets ($M)$51,653-
Total Stockholder Equity ($M)$22,390-

Profit Ratios

Profit as % of Revenues2.1%
Profits as % of Assets3%
Profits as % of Stockholder Equity6.9%