With a market cap of $53.2 billion, Phillips 66 (PSX) is a diversified energy manufacturing and logistics company, with operations spanning the United States, the United Kingdom, Germany, and internationally. The company operates through five key business segments: Midstream, Chemicals, Refining, Marketing & Specialties, and Renewable Fuels, covering the processing, transportation, storage, and marketing of fuels and products worldwide.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Phillips 66 fits this criterion perfectly. Through its portfolio of well-known brands such as Phillips 66, Conoco, 76, JET, Kendall, and Red Line, Phillips 66 delivers energy and specialty products that power global economies and support sustainable growth.
