- Previous Rank96
- Revenues ($M)$91,568
- Revenue Percent Change26.5%
- Profits ($M)$5,106.00
- Profits Percent Change228.4%
- Assets ($M)$54,371.00
- Employees14,600
The largest U.S. refiner by market value, Phillips 66 enjoyed the industry’s highest profits in 2017. Annual earnings climbed well over 200% from the previous year on revenues of $91.5 billion. Yet one of the company’s longtime champions, Warren Buffett, sold a large share of stock—Phillips acquired it in a buy-back but only to avoid regulatory burdens—even as he spoke highly of the refiner, calling it “a great company with a diversified downstream portfolio and a strong management team.”
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Company Information
| CEO | Greg C. Garland |
| Sector | Energy |
| Industry | Petroleum Refining |
| HQ Location | Houston |
| Website | http://www.phillips66.com |
| Years on Global 500 List | 6 |
| Employees | 14,600 |
Phillips 66 Rank History
Key Financials (Last Fiscal Year)
| ($ Millions) | % change | |
|---|---|---|
| Revenues ($M) | $91,568 | 26.5% |
| Profits ($M) | $5,106.00 | 228.4% |
| Assets ($M) | $54,371.00 | - |
| Total Stockholder Equity ($M) | $25,085.00 | - |
Profit Ratios
| Profit as % of Revenues | 5.6% |
| Profits as % of Assets | 9.4% |
| Profits as % of Stockholder Equity | 20.4% |
