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We invest in technology to become more efficient and position ourselves to capitalize on emerging opportunities as the energy market transforms, including a commitment to alternative energy. Sustainability. A focus on safety and operational excellence helps ensure that we remain a strong, vibrant company.
In particular, the company specialized in extracting liquids from natural gas and, by 1925, was the nation's largest producer of natural gas liquids. According to the Phillips Petroleum Company Museum in Bartlesville, the “Phillips 66” name for the gasoline came about by a combination of events. [6]
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Phillips 66 took a classic in a new direction when it began trading under the symbol PSX on the New York Stock Exchange on May 1, 2012. Today Ten years later, Phillips 66 is a diversified energy manufacturing and logistics company.
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Jul 11, 2024 · Our Refining assets are some of the most competitive in the industry. Our Refining business focuses on operating excellence and margin enhancement. We strengthen returns by improving yields of higher-value products and increasing the throughput of advantaged feedstocks. © Phillips 66 Company.
Jan 31, 2024 · Phillips 66 generated $2.2 billion in cash from operations in the fourth quarter of 2023. During the fourth quarter, Phillips 66 funded $634 million of capital expenditures and investments, $1.2 billion of share repurchases and $457 million in dividends. The company ended the quarter with 430 million shares outstanding.
