Overview
Phillips 66 processes, transports, stores and markets fuels through Midstream, Chemicals, Refining, Renewable Fuels and Marketing segments.[2] Fortune records 2025 revenue of US$136.6bn, down 6.1% on 2024, and profit of US$4,403m.[1] It is the largest independent refiner in the list and has 12,600 employees.[1]
Phillips 66 strengths and limitations
Strengths
- Largest US refiner by revenue
- Midstream and chemicals diversify earnings
Limitations
- Refining margins are cyclical
- Revenue fell 6.1% in 2025
Appears in
Phillips 66 peers and competitors
Companies ranked in the same lists as Phillips 66.
Saudi Aramco- Equinor ASA
- Orlen
Pemex (Petróleos Mexicanos)- PTT
Energy Transfer
SK Inc.- Petrobras
- Indian Oil Corporation
Eni- Rosneft
- Gazprom
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