- Previous Rank67
- Revenues ($M)$114,217.00
- Revenue Percent Change24.7%
- Profits ($M)$5,595.00
- Profits Percent Change9.6%
- Assets ($M)$54,302.00
- Employees14,200
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 $5.6 billion, and the company’s capacity rates hit an impressive 99%. Phillips 66 also invested in storage and announced the construction in 2019 of the Grey Oak pipeline to bring crude to the refining hub of the Gulf Coast.
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Company Information
| CEO | Greg C. Garland |
| Sector | Energy |
| Industry | Petroleum Refining |
| HQ Location | Houston |
| Website | https://www.phillips66.com |
| Years on Global 500 List | 7 |
| Employees | 14,200 |
Excise taxes have been deducted.
Phillips 66 Rank History
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Key Financials (Last Fiscal Year)
| ($ Millions) | % change | |
|---|---|---|
| Revenues ($M) | $114,217.00 | 24.7% |
| Profits ($M) | $5,595.00 | 9.6% |
| Assets ($M) | $54,302.00 | - |
| Total Stockholder Equity ($M) | $24,653.00 | - |
Profit Ratios
| Profit as % of Revenues | 4.9% |
| Profits as % of Assets | 10.3% |
| Profits as % of Stockholder Equity | 22.7% |