Who owns p66?

Who owns p66?

Phillips 66

Type Public
Founders L.E. Phillips Frank Phillips
Headquarters Westchase, Houston, Texas, U.S.
Area served Worldwide
Key people Greg Garland (Chairman and CEO)

Where are the major refineries in the US?

Largest petroleum refineries in the United States

Rank Refinery State
1 Port Arthur Refinery TX
2 Galveston Bay Refinery TX
3 Baytown Refinery TX
4 Garyville Refinery LA

Who is Phillips 66 owned by?

Warren Buffett’s Berkshire Hathaway (NYSE:BRK. A)(NYSE:BRK.B) owns large chunks of several well-known companies, including Phillips 66. Overall, Berkshire Hathaway owns more than 80 million shares, currently valued at more than $6 billion, which is its seventh largest stock holding.

Why did Phillips 66 put two Louisiana refineries up for sale?

The fourth-largest U.S. refiner Phillips 66 said it has put the smaller of its two Louisiana refineries up for sale amid continued losses and an uncertain future for motor fuels.

Is the Alliance refinery in Louisiana for sale?

The company is holding talks with a potential buyer on the sale of its 255,600 barrel-per-day (bpd) Alliance refinery in Belle Chasse, Louisiana, according to two people familiar with the matter. The identity of the potential buyer could not immediately be learned.

What went wrong at Houston-based propane refiner in second quarter?

The Houston-based refiner posted a second-quarter profit on strong chemical demand, but work-from-home policies and sagging fuel margins left its refining business in the red.

What’s behind Phillips 66’s pursuit of Louisiana Power Plant?

Phillips 66’s pursuit of a buyer for the Louisiana plant continues an industry rationalization of excess capacity, said Garfield Miller, CEO of investment bank Aegis Energy Advisors.

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