Phillips 66 (PSX) operates as an energy manufacturing and logistics leader based in Houston, Texas. With a market cap of $58.5 billion, the company engages in refining, midstream operations, chemicals production, and marketing and specialties across the global energy sector.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Phillips 66 fits this criterion perfectly, exceeding the mark. Phillips 66 is renowned for its global leadership in refining, marketing, and transporting natural gas liquids and petrochemicals. The company is anchored by substantial revenues, a Fortune 500 ranking, and extensive ownership of service station brands.
