Phillips 66 Company (PSX) - Oil & Gas - Deals and Alliances Profile

 Published On: Aug, 2016 |    No of Pages: 111 |  Published By: GlobalData | Format: PDF
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Summary

Phillips 66 Company (Phillips 66) is an energy company, which carries out refining and marketing of petroleum products such as gasoline, diesel, aviation fuel and lubricants. It gathers and processes natural gas and natural gas liquids (NGL) and provides feed stock to the petrochemical industry. The company manufactures petrochemicals, polymers and plastics. Its major products include benzene, styrene, paraxylene, and cyclohexane and styrene-butadiene copolymers. Phillips also offers transportation, terminaling and storage services. It has 50% equity investment in Chevron Phillips Chemical Company LLC (CPChem) and DCP Midstream, LLC (DCP Midstream). The company has presence in the US, Europe, Asia, Middle East, and Africa. Phillips 66 is headquartered in Houston, Texas, the US.

Phillips 66 Company (PSX) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company's (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company's operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents
Table of Contents 2
List of Tables 5
List of Figures 7
Phillips 66 Company, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Phillips 66 Company, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Phillips 66 Company, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Phillips 66 Company, Oil & Gas, Deals By Sector, 2010 to YTD 2016 11
Phillips 66 Company, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Phillips 66 Company, Oil & Gas, Deal Details 14
Asset Purchase 14
Phillips 66 Partners Completes Acquisition Of Two Rail-Unloading Facilities In New Jersey And Washington From Phillips 66 For US$330 Million 14
Phillips 66 Partners Completes Acquisition Of Pipeline Assets In Texas From Phillips 66 For US$10 Million 16
Phillips 66 Completes Acquisition Of Gulf Coast Crude Oil And Refined Products Terminal In Texas From Unocal 17
Phillips 66 Partners Completes Acquisition Of Pipeline System And Storage Assets From Phillips 66 For US$700 Million 18
Private Equity 20
TRC Capital To Acquire 0.48% Stake In Phillips 66 For US$94 Million In Tender Offer 20
Partnerships 21
Plains All American Forms Joint Venture With Phillips 66 Partners 21
Phillips 66, Energy Transfer And Sunoco Logistics Form Joint Venture To Develop Bayou Bridge Pipeline 22
Phillips 66 Partners And Paradigm Energy Form Midstream Logistics Joint Ventures 24
Phillips 66 Forms Joint Venture With Energy Transfer Equity And Energy Transfer 25
Equity Offering 27
Phillips 66 Completes Public Offering Of Units For US$301.3 Million 27
Phillips 66 Partners Completes Public Offering Of Units For US$662.9 Million 29
Phillips 66 Partners Completes Public Offering Of Units For US$396.4 Million 31
Phillips 66 Partners Completes IPO Of Units For US$434.4 Million 33
Debt Offering 35
Phillips 66 Partners Completes Public Offering Of 2.646% Senior Notes For US$300 Million 35
Phillips 66 Partners Completes Public Offering Of 3.605% Senior Notes For US$500 Million 37
Phillips 66 Partners Completes Public Offering Of 4.68% Senior Notes For US$300 Million 39
Phillips 66 Completes Private Placement Of 1.95% Notes Due 2015 For US$800 Million 41
Phillips 66 Completes Private Placement Of 2.95% Notes Due 2017 For US$1.5 Billion 42
Phillips 66 Completes Private Placement Of 4.3% Notes Due 2022 For US$2 Billion 43
Phillips 66 Completes Private Placement Of 5.875% Notes Due 2042 For US$1.5 Billion 44
Asset Transactions 45
Irving Oil To Acquire Whitegate Refinery In Ireland From Phillips 66 45
Phillips 66 Rumored To Sell Whitegate Refinery In Ireland 46
PTFPlusOne Plans To Acquire Whitegate Refinery In Ireland From Phillips 66 47
Zenith Energy Acquires Bantry Bay Oil Terminal In Ireland From Phillips 66 48
Phillips 66 Partners Completes Acquisition Of Two Rail-Unloading Facilities In New Jersey And Washington From Phillips 66 For US$330 Million 49
Phillips 66 Partners Completes Acquisition Of Pipeline Assets In Texas From Phillips 66 For US$10 Million 51
Phillips 66 Partners Completes Acquisition Of Pipeline System And Storage Assets From Phillips 66 For US$700 Million 52
Phillips 66 Plans To Sell Refineries In Germany And Malaysia 54
United Riverhead Completes Acquisition Of Petroleum Terminal In New York From Phillips 66 55
Monroe Energy Completes Acquisition Of Trainer Refinery Complex From Phillips 66 For US$180 Million 57
Acquisition 59
Phillips 66 To Acquire Additional 2.5% Stake In Explorer Pipeline 59
Phillips 66 Partners Completes Acquisition Of Phillips 66 Plymouth And Remaining 75% Stake In Phillips 66 Sweeny From Phillips 66 For US$775 Million 60
Phillips 66 Partners Completes Acquisition Of 25% Stake In Phillips 66 Sweeny From Phillips 66 For US$236 Million 62
Phillips 66 Partners Completes Acquisition Of Interests In Three Pipeline Systems From Phillips 66 For US$1.01 Billion 64
Petronas Completes Acquisition Of Remaining 47% Interest In MRC From Phillips For US$635 Million 66
Berkshire Hathaway Completes Acquisition Of Phillips Specialty Products From Phillips 66 For US$1.35 Billion 67
Vitol Completes Acquisition Of Phillips 66 Power Operations From Phillips 66 69
Phillips 66 Company - Key Competitors 70
Key Employees 71
Locations And Subsidiaries 72
Head Office 72
Other Locations & Subsidiaries 72
Recent Developments 74
Strategy and Business Expansion 74
Sep 08, 2015: Phillips 66, Spectra Energy Announce Plan To Strengthen DCP Midstream 74
Financial Announcements 75
Jul 29, 2016: Phillips 66 Reports Second-Quarter Earnings Of $496 Million Or $0.93 Per Share 75
Apr 29, 2016: Phillips 66 Reports First-Quarter Earnings Of $385 Million Or $0.72 Per Share 77
Jan 29, 2016: Phillips 66 Reports Fourth-Quarter Earnings Of $650 Million Or $1.20 Per Share 79
Oct 30, 2015: Phillips 66 Reports Third-Quarter Earnings Of $1.6 Billion Or $2.90 Per Share 82
Jul 31, 2015: Phillips 66 Reports Second-Quarter Earnings Of $1.0 Billion Or $1.84 Per Share 85
Apr 30, 2015: Phillips 66 Reports First-Quarter Earnings Of $987 Million Or $1.79 Per Share 88
Jan 29, 2015: Phillips 66 Reports Fourth-Quarter Earnings Of $1.1 Billion Or $2.05 Per Share 91
Other Significant Developments 94
Aug 17, 2016: Energy Transfer, Sunoco Logistics, And Phillips 66 Announce Binding Supplemental Open Season For Bakken Pipeline Transport 94
Aug 15, 2016: Phillips 66 Reports Fire At Lake Charles Refinery 95
Apr 27, 2016: Phillips 66 Suspends Operations At Wood River Refinery Crude Unit 96
Mar 16, 2016: TonenGeneral To Receive US Crude In May 2016 97
Feb 02, 2016: Phillips 66 To Upgrade Bayway Refinery's FCC Unit 98
Dec 21, 2015: Phillips 66 Reports Fire At Ferndale Refinery In Washington, US 99
Dec 08, 2015: Phillips 66 Announces Startup Of Sweeny Fractionator One 100
Oct 12, 2015: Phillips 66 Announces 2016 Capital Budget 101
Jul 06, 2015: Tallgrass Removes Force Majeure On Wyoming Compressor Station Of REX Gas Pipeline 102
Jun 03, 2015: Phillips 66 Reports Oil Leak From Underground Pipeline In Santa Maria, US 103
May 21, 2015: Consumer Watchdog Asks US Attorneys To Investigate Refinery “Maintenance” Issues Driving CA Gas Price Spikes 104
May 19, 2015: Phillips 66 Reports Fire At Rodeo Refinery In US 106
May 15, 2015: Southern California Gas Price Difference With U.S. Greatest In 15 Years; 3 Month Bill To Californians Hits $2.4 Billion As CA Oil Refining Profits Soar 107
Mar 04, 2015: CBE: Lawsuit Filed: Tar Sands Crude By Rail Project Exposed 108
New Contracts Announcements 109
Apr 19, 2016: Audubon Engineering Solutions Awarded Maintenance Services Contract With Phillips 66 109
Sep 02, 2015: MRC Global Signs 5-Year Global Contract Extension With Phillips 66 110
Appendix 111
Methodology 111
About GlobalData 111
Contact Us 111
Disclaimer 111

List of Tables
Phillips 66 Company, Oil & Gas, Key Facts, 2015 1
Phillips 66 Company, Oil & Gas, Deals Summary, 2010 to YTD 2016 1
Phillips 66 Company, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Phillips 66 Company, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Phillips 66 Company, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Phillips 66 Company, Deals By Sector, 2010 to YTD 2016 11
Phillips 66 Company, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Phillips 66 Partners Completes Acquisition Of Two Rail-Unloading Facilities In New Jersey And Washington From Phillips 66 For US$330 Million 14
Phillips 66 Partners Completes Acquisition Of Pipeline Assets In Texas From Phillips 66 For US$10 Million 16
Phillips 66 Completes Acquisition Of Gulf Coast Crude Oil And Refined Products Terminal In Texas From Unocal 17
Phillips 66 Partners Completes Acquisition Of Pipeline System And Storage Assets From Phillips 66 For US$700 Million 18
TRC Capital To Acquire 0.48% Stake In Phillips 66 For US$94 Million In Tender Offer 20
Plains All American Forms Joint Venture With Phillips 66 Partners 21
Phillips 66, Energy Transfer And Sunoco Logistics Form Joint Venture To Develop Bayou Bridge Pipeline 22
Phillips 66 Partners And Paradigm Energy Form Midstream Logistics Joint Ventures 24
Phillips 66 Forms Joint Venture With Energy Transfer Equity And Energy Transfer 25
Phillips 66 Completes Public Offering Of Units For US$301.3 Million 27
Phillips 66 Partners Completes Public Offering Of Units For US$662.9 Million 29
Phillips 66 Partners Completes Public Offering Of Units For US$396.4 Million 31
Phillips 66 Partners Completes IPO Of Units For US$434.4 Million 33
Phillips 66 Partners Completes Public Offering Of 2.646% Senior Notes For US$300 Million 35
Phillips 66 Partners Completes Public Offering Of 3.605% Senior Notes For US$500 Million 37
Phillips 66 Partners Completes Public Offering Of 4.68% Senior Notes For US$300 Million 39
Phillips 66 Completes Private Placement Of 1.95% Notes Due 2015 For US$800 Million 41
Phillips 66 Completes Private Placement Of 2.95% Notes Due 2017 For US$1.5 Billion 42
Phillips 66 Completes Private Placement Of 4.3% Notes Due 2022 For US$2 Billion 43
Phillips 66 Completes Private Placement Of 5.875% Notes Due 2042 For US$1.5 Billion 44
Irving Oil To Acquire Whitegate Refinery In Ireland From Phillips 66 45
Phillips 66 Rumored To Sell Whitegate Refinery In Ireland 46
PTFPlusOne Plans To Acquire Whitegate Refinery In Ireland From Phillips 66 47
Zenith Energy Acquires Bantry Bay Oil Terminal In Ireland From Phillips 66 48
Phillips 66 Partners Completes Acquisition Of Two Rail-Unloading Facilities In New Jersey And Washington From Phillips 66 For US$330 Million 49
Phillips 66 Partners Completes Acquisition Of Pipeline Assets In Texas From Phillips 66 For US$10 Million 51
Phillips 66 Partners Completes Acquisition Of Pipeline System And Storage Assets From Phillips 66 For US$700 Million 52
Phillips 66 Plans To Sell Refineries In Germany And Malaysia 54
United Riverhead Completes Acquisition Of Petroleum Terminal In New York From Phillips 66 55
Monroe Energy Completes Acquisition Of Trainer Refinery Complex From Phillips 66 For US$180 Million 57
Phillips 66 To Acquire Additional 2.5% Stake In Explorer Pipeline 59
Phillips 66 Partners Completes Acquisition Of Phillips 66 Plymouth And Remaining 75% Stake In Phillips 66 Sweeny From Phillips 66 For US$775 Million 60
Phillips 66 Partners Completes Acquisition Of 25% Stake In Phillips 66 Sweeny From Phillips 66 For US$236 Million 62
Phillips 66 Partners Completes Acquisition Of Interests In Three Pipeline Systems From Phillips 66 For US$1.01 Billion 64
Petronas Completes Acquisition Of Remaining 47% Interest In MRC From Phillips For US$635 Million 66
Berkshire Hathaway Completes Acquisition Of Phillips Specialty Products From Phillips 66 For US$1.35 Billion 67
Vitol Completes Acquisition Of Phillips 66 Power Operations From Phillips 66 69
Phillips 66 Company, Key Competitors 70
Phillips 66 Company, Key Employees 71
Phillips 66 Company, Subsidiaries 72

List of Figures
Phillips 66 Company, Oil & Gas, Deals by Type, 2010 to YTD 2016 1
Phillips 66 Company, Oil & Gas, Deals By Year, 2010 to YTD 2016 1
Phillips 66 Company, Oil & Gas, Deals By Region, 2010 to YTD 2016 1
Phillips 66 Company, Oil & Gas, Deals By Sector, 2010 to YTD 2016 1
Phillips 66 Company, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Phillips 66 Company, Oil & Gas, Deals by Type, 2010 to YTD 2016 9
Phillips 66 Company, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Phillips 66 Company, Oil & Gas, Deals by Sector, 2010 to YTD 2016 11


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