Company report
| |
14 Pages

Phillips 66 refining and oil products summary

Phillips 66 refining and oil products summary

Report summary

Phillips 66, is the dedicated global downstream player spun out of ConocoPhillips in 2012. The rationale for the move to effectively create two separate companies for the upstream and downstream businesses is that both would benefit from pursuing their own strategic objectives as independent concerns rather than as an integrated whole. The company emphasises portfolio optimisation and margin improvement as its key levers, hence there is a shift in balance of the portfolio progressively away from Refining and Marketing towards the more profitable Midstream and Chemicals segments, while within each business segment there will be more ‘high grading' of assets. Within 'Refining', that means continued divestment of lower performing and non-core assets such the Whitegate refinery in Ireland, which was sold in 2016.

What's included?

This report includes 1 file(s)

  • Phillips 66 refining and oil products summary PDF - 872.29 KB 14 Pages, 4 Tables, 5 Figures


The energy industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation all impact the production process.

This Refining and Oil Products Company report provides an overview of company strategy, the competitive position of fuels marketing and its profitability in Europe. You'll also find a detailed analysis of company strengths, weaknesses, opportunities and potential threats.

Focusing on competitive benchmarking, this company report gives both new entrants and existing players an in-depth view of this company within the European fuels marketing sector. Use this to identify investment needs and acquisition opportunities, and strengthen business strategies.

With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information. Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

  • Executive summary
    • SWOT analysis
    • A downstream and midstream player spun off from ConocoPhillips
    • Global strategy is to rebalance the business away from R&M and take full advantage of US tight oil...
    • ...while Midstream is the key investment focus for growth
    • Within Europe, R&M activities are focused on UK/Ireland and Germany/Austria
  • Financials
  • Portfolio summary
    • European refining and marketing operations
    • Refining
    • Marketing
  • Refining and oil products
    • Supply/demand
    • Implications and outlook
  • Mergers and acquisitions

In this report there are 9 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • Financials
    • Adjusted net income
    • Capital expenditures
  • Portfolio summary
    • Portfolio summary: Image 1
  • Refining and oil products
    • Total company position
    • Refining and oil products: Table 1
    • Supply area A - UK / Ireland
  • Mergers and acquisitions
    • Recent European acquisition/divestment
    • Mergers and acquisitions: Table 2
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...