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Phillips 66 Partners LP: Overview

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Phillips 66 Partners LP (Phillips 66), a subsidiary of Phillips 66, owns, operates, develops and acquires primarily fee-based crude oil, refined petroleum products and natural gas liquids (NGL) transportation, processing, terminaling and storage facilities and systems. The company consists of assets such as the Clifton ridge crude system, eagle ford gathering system, Ponca crude system, billings crude system, Borger crude system, sweeny to Pasadena products system, Hartford connector products system, gold line products system, cross-channel connector products system, Bakken joint ventures, bayou bridge pipeline joint venture, Standish pipeline and Sacagawea pipeline. Phillips 66 is headquartered in Houston, Texas, the US.

Headquarters United States of America

Address 2331 Citywest Boulevard, Houston, Texas, 77042


Telephone 1 855 2839237

No of Employees 600

Industry Energy and Utilities

Revenue (2021) $1.2B

   

   

Products and Services

Products Services
Crude Oil Transportation
Refined Petroleum Products Processing
Natural Gas Liquids (NGL) Terminaling
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2021 Contracts/Agreements In October, the company entered into an agreement to sell its stake to Phillips 66, a refining company in the US for US$3.4 billion.
2020 Acquisitions/Mergers/Takeovers In February, the company agreed to acquire a 50% stake in the Liberty Pipeline project, for a value of US$75 million.
2018 Plans/Strategy In April, the company announced its plans to construct the Gray Oak Pipeline system.
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Competitor Comparison

Key Parameters Phillips 66 Partners LP World Fuel Services Corp Cheniere Energy Inc NGL Energy Partners LP Boardwalk Pipeline Partners LP
Headquarters United States of America United States of America United States of America United States of America United States of America
City Houston Doral Houston Tulsa Houston
State/Province Texas Florida Texas Oklahoma Texas
No. of Employees 600 4,414 1,550 997 1,210
Entity Type Private Public Public Public Private
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Executives
Name Position Board Since Age
Greg C. Garland Chief Executive Officer; Chairman Executive Board 2013 64
Kevin J. Mitchell Vice Chairman; Director; Chief Financial Officer Executive Board 2016 55
Robert A. Herman Vice Chairman; Director Executive Board 2014 62
Timothy D. Roberts Director; Chief Operating Officer; Vice Chairman Executive Board 2020 60
J. Scott Pruitt Controller; Vice President Senior Management 2021 57
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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