Phillips 66 (N:PSX)

Business Focus: Oil & Gas Refining and Marketing

Sector:  Energy Industry:  Oil & Gas Refining and Marketing
See Regulatory Filings on SEC
Company Contact
Address: 2331 Citywest Blvd
HOUSTON TX 77042-2862
Tel: N/A
IR: See website
Key People
Gregory C. Garland
Chairman of the Board, Chief Executive Officer
Kevin J. Mitchell
Chief Financial Officer, Executive Vice President - Finance
Paula A. Johnson
Executive Vice President, Legal and Government Affairs, General Counsel and Corporate Secretary
Robert A. Herman
Executive Vice President, Refining
Chukwuemeka A. Oyolu
Vice President, Controller
Business Overview
Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining, and marketing and specialties businesses. The Company operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment gathers, processes, transports and markets natural gas, and transports, stores, fractionates and markets natural gas liquids (NGLs) in the United States. The Chemicals segment consists of its equity investment in Chevron Phillips Chemical Company LLC (CPChem), which manufactures and markets petrochemicals and plastics. The Refining segment buys, sells and refines crude oil and other feedstocks at refineries in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products, such as gasolines, distillates and aviation fuels, primarily in the United States and Europe, as well as includes the manufacturing and marketing of specialty products, and power generation operations.
Financial Overview
For the three months ended 31 March 2019, Phillips 66 revenues decreased 1% to $23.28B. Net income applicable to common stockholders decreased 61% to $203M. Revenues reflect Refining segment decrease of 4% to $16.86B, Marketing and Specialties segment decrease of 2% to $15.24B. Net income also reflects Gain/Loss on Derivatives - Hedging decrease from $8M (income) to $177M (expense).
Employees: 14,200 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $47,663M as of Mar 31, 2019
Annual revenue (TTM): $110,962M as of Mar 31, 2019
EBITDA (TTM): $6,110M as of Mar 31, 2019
Net annual income (TTM): $5,306M as of Mar 31, 2019
Free cash flow (TTM): $1,726M as of Mar 31, 2019
Net Debt Last Fiscal Year: $10,045M as of Mar 31, 2019
Shares outstanding: 453,551,166 as of Mar 31, 2019
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization