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  • Previous Rank
    67
  • Revenues ($M)
    $114,217.00
  • Revenue Percent Change
    24.7%
  • Profits ($M)
    $5,595.00
  • Profits Percent Change
    9.6%
  • Assets ($M)
    $54,302.00
  • Employees
    14,200

Houston-based refiner Phillips 66 posted year-on-year gains for both profit and revenue as it looked to capitalize on shale and discount Canadian crude and blunt the impact of U.S. sanctions on Venezuela. Revenue was up nearly 25% to over $114 billion, while profits jumped to $5.6 billion, and the company’s capacity rates hit an impressive 99%. Phillips 66 also invested in storage and announced the construction in 2019 of the Grey Oak pipeline to bring crude to the refining hub of the Gulf Coast.

Company Information

Excise taxes have been deducted.
CEO
Greg C. Garland
Sector
Energy
Industry
Petroleum Refining
HQ Location
Houston
Websitehttps://www.phillips66.com
Years on Global 500 List7
Employees14,200
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Phillips 66 Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$114,217.0024.7%
Profits ($M)$5,595.009.6%
Assets ($M)$54,302.00-
Total Stockholder Equity ($M)$24,653.00-

Profit Ratios

Profit as % of Revenues4.9%
Profits as % of Assets10.3%
Profits as % of Stockholder Equity22.7%