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Phillips 66

Phillips 66 (PSX) is a publicly traded energy manufacturing and logistics company based in the United States. It was established in 2012 as a spin-off from ConocoPhillips, one of the world's largest integrated oil and gas companies. Phillips 66 is headquartered in Houston, Texas and operates in more than 65 countries worldwide.

Phillips 66's business is divided into four main segments: Midstream, Chemicals, Refining, and Marketing & Specialties (M&S). The Midstream segment includes the transportation, storage, and processing of oil and natural gas liquids (NGLs). The Chemicals segment is involved in the production and marketing of petrochemicals and plastics. The Refining segment refines crude oil into a range of products, including gasoline, diesel fuel, jet fuel, and lubricants. The M&S segment markets and sells these refined products, as well as specialty products like petroleum coke and wax.

Phillips 66's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol PSX. As of February 2023, the company has a market capitalization of approximately $50 billion and employs over 14,000 people worldwide. In 2022, the company reported revenues of $156.3 billion, up from $114.7 billion in 2021.

Investors interested in Phillips 66's stock should consider factors such as the company's financial performance, industry trends, and geopolitical factors that could impact the price of oil and gas. Additionally, investors should note that the energy industry can be volatile, and the price of oil and gas can fluctuate significantly over time. Before making any investment decisions, it's important to conduct thorough research and consult with a financial advisor.

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