Companies
Phillips 66
Oil and gasHouston, TexasPSXAbout 12,600 employees
More about Phillips 66
Energy company that refines crude oil and runs midstream, chemicals, marketing and renewable fuels businesses
Revenue
$132.4B
Fiscal 2025 sales and other operating revenues, down about 8%
Employees
About 12,600
As of December 2025
Stock
PSX
New York Stock Exchange
Headquarters
Houston, Texas
CEO
Mark Lashier
Since July 2022
Main businessesMidstream, Chemicals (CPChem), Refining, Marketing and Specialties, Renewable Fuels
Current strategyGrowing its midstream and chemicals businesses, especially its natural gas liquids chain, while closing its Los Angeles refinery and selling most of its German and Austrian retail business
Recent workforce changes277 layoffs as its Los Angeles-area refinery closed, including 122 in April 2026
CompetitorsMarathon Petroleum, Valero, HF Sinclair
Related companiesMarathon PetroleumValero EnergyConocoPhillips
Checked October 11, 2026 · Sources: sec.gov, hydrocarbonprocessing.com
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