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Overview
Phillips 66 is an American multinational energy company with headquarters in Houston, Texas. It was founded in 1917 as the Phillips Petroleum Co. and was involved in the exploration, production, and refining of oil and natural gas. In 2012, Phillips 66 separated from its former parent company, ConocoPhillips, and became an independent publicly traded company listed on the New York Stock Exchange. Today, Phillips 66 is a diversified company operating in multiple segments of the energy industry, including refining, midstream, and chemicals. It has a presence in over 65 countries and employs approximately 14,500 people worldwide. The company's refineries have a combined crude oil processing capacity of over 2 million barrels per day, making it one of the largest refiners in the United States. Phillips 66 also has an extensive network of pipeline and storage assets, as well as a large portfolio of chemical products used in a variety of industries. Under its vision of being "the energy company of the future," Phillips 66 is investing in new technologies and renewable energy sources to reduce its carbon footprint and meet the growing demand for sustainable energy solutions. Furthermore, the company is committed to operating in a responsible and ethical manner, with a focus on protecting the environment, promoting safety, and supporting the communities where it operates through various initiatives and partnerships. In addition to its energy operations, Phillips 66 also has a strong presence in the consumer market with its chain of convenience stores, Phillips 66, Conoco, and 76. Overall, Phillips 66 is a dynamic and diversified company that plays a significant role in the global energy industry while also striving to be a responsible corporate citizen.
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