Phillips 66, created through the repositioning of ConocoPhillips, began trading on the New York Stock Exchange on May 1, 2012, under the ticker PSX. The company brings with it a proud and successful heritage, one developed and enriched by our predecessor companies throughout more than a century of operations. Today, we stand ready to move forward into a promising future as one of the world's largest independent downstream companies.

The company operates three segment-leading businesses:

• Refining & Marketing – includes 15 refineries with a net crude oil capacity of 2.2 million barrels per day, 10,000 branded marketing outlets, and 15,000 miles of pipeline systems.
• Midstream – primarily conducted through the company's 50 percent interest in DCP Midstream, one of the largest natural gas gatherers and processors in the United States, with 7.2 billion cubic feet per day of gross natural gas processing capacity.
• Chemicals – comprised of the company's 50 percent interest in Chevron Phillips Chemical Company, one of the world's top producers of olefins and polyolefins with more than 30 billion pounds of net annual chemicals processing capacity across its product lines.

Together, our team of approximately 13,500 employees worldwide are building a company founded on safety, honor and commitment, while striving to provide energy and improve lives daily. Through financial strength and safe, reliable operations, we are delivering on a business strategy to enhance returns, grow the company, increase distributions to shareholders and build a high-performing team. We believe that we can succeed together as a team, leveraging our diverse experiences and thoughts in an environment that thrives on collaboration.

For more information about the company's financial priorities and business strategies, see the May 2013 investor update.

Our Businesses

	Refining & Marketing The Refining and Marketing (R&M) segment purchases, refines, markets and transports crude oil and petroleum products, mainly in the United States, Europe and Asia, and also engages in power generation activities, lubricants and other specialty products businesses. read more
	Midstream We conduct our Midstream business primarily through a 50 percent equity investment in DCP Midstream, LLC, a joint venture with Spectra Energy. read more
	Chemicals We conduct our Chemicals business through a 50 percent equity investment in Chevron Phillips Chemical Company LLC (CPChem), a joint venture with Chevron U.S.A. Inc., a wholly-owned subsidiary of Chevron Corporation. read more

Our History

In May 2012, Phillips 66 debuted as an independent downstream energy company with refining, marketing, midstream and chemicals businesses operating across the globe.

The name Phillips 66 reflects the company's rich history and has strong brand recognition and value as it has been one of the leading fuel brand names in the United States for decades.

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