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

 Published On: Aug, 2017 |    No of Pages: 121 |  Published By: GlobalData | Format: PDF
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Summary

Phillips 66 Company (Phillips 66) is a diversified energy manufacturing and logistics company. It gathers, processes, transports and markets natural gas and petroleum products such as gasoline, diesel, aviation fuel and lubricants, and transports, fractionates and markets natural gas liquids (NGL). The company refines and sells crude oil and other feedstocks at it refineries in the US and Europe. Phillips 66 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 a 50% equity investment in Chevron Phillips Chemical Company LLC (CPChem), which manufactures and markets petrochemicals and plastics. It markets refined petroleum products under the brands Phillips 66, Conoco, and 76 in the US, and JET and COOP brand in the Europe. The company has presence in the US, Europe, Asia, the 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 3
List of Tables 6
List of Figures 7
Phillips 66 Company, Oil & Gas, Deals By Year, 2011 to YTD 2017 8
Phillips 66 Company, Oil & Gas Deals By Type, 2011 to YTD 2017 9
Phillips 66 Company, Oil & Gas, Deals By Region, 2011 to YTD 2017 10
Phillips 66 Company, Oil & Gas, Deals By Sector, 2011 to YTD 2017 11
Phillips 66 Company, Oil & Gas, Deals Summary, 2011 to YTD 2017 12
Phillips 66 Company, Oil & Gas, Deal Details 14
Asset Purchase 14
Phillips 66 Completes Acquisition Of NGL Logistics System In Louisiana From Chevron 14
Phillips 66 Partners Completes Acquisition Of Midstream Assets In New Jersey, Montana, Texas And Oklahoma From Phillips 66 For US$1.3 Billion 15
Phillips 66 Partners Completes Acquisition Of Two Rail-Unloading Facilities In New Jersey And Washington From Phillips 66 For US$330 Million 16
Phillips 66 Partners Completes Acquisition Of Pipeline Assets In Texas From Phillips 66 For US$10 Million 18
Phillips 66 Completes Acquisition Of Gulf Coast Crude Oil And Refined Products Terminal In Texas From Unocal 19
Phillips 66 Partners Completes Acquisition Of Pipeline System And Storage Assets From Phillips 66 For US$700 Million 20
Private Equity 22
TRC Capital To Acquire 0.48% Stake In Phillips 66 For US$94 Million In Tender Offer 22
Partnerships 23
Plains All American Forms Joint Venture With Phillips 66 Partners 23
Phillips 66, Energy Transfer And Sunoco Logistics Form Joint Venture To Develop Bayou Bridge Pipeline 24
Phillips 66 Partners And Paradigm Energy Form Midstream Logistics Joint Ventures 26
Phillips 66 Forms Joint Venture With Energy Transfer Equity And Energy Transfer 27
Equity Offering 28
Phillips 66 Completes Public Offering Of Units For US$301.3 Million 28
Phillips 66 Partners Completes Public Offering Of Units For US$662.9 Million 30
Phillips 66 Partners Completes Public Offering Of Units For US$396.4 Million 32
Phillips 66 Partners Completes IPO Of Units For US$434.4 Million 34
Debt Offering 36
Phillips 66 Partners Completes Public Offering Of 3.55% Senior Notes, Due 2026 For US$500 Million 36
Phillips 66 Partners Completes Public Offering Of 4.9% Senior Notes, Due 2046 For US$625 Million 38
Phillips 66 Partners Completes Public Offering Of 2.646% Senior Notes For US$300 Million 40
Phillips 66 Partners Completes Public Offering Of 3.605% Senior Notes For US$500 Million 41
Phillips 66 Partners Completes Public Offering Of 4.68% Senior Notes For US$300 Million 42
Phillips 66 Completes Private Placement Of 1.95% Notes Due 2015 For US$800 Million 43
Phillips 66 Completes Private Placement Of 2.95% Notes Due 2017 For US$1.5 Billion 44
Phillips 66 Completes Private Placement Of 4.3% Notes Due 2022 For US$2 Billion 45
Phillips 66 Completes Private Placement Of 5.875% Notes Due 2042 For US$1.5 Billion 46
Asset Transactions 47
Phillips 66 Partners Completes Acquisition Of Midstream Assets In New Jersey, Montana, Texas And Oklahoma From Phillips 66 For US$1.3 Billion 47
Irving Oil Completes Acquisition Of Whitegate Refinery In Ireland From Phillips 66 49
Irving Oil Completes Acquisition Of Whitegate Refinery In Ireland From Phillips 66 50
Phillips 66 Rumored To Sell Whitegate Refinery In Ireland 51
Zenith Energy Acquires Bantry Bay Oil Terminal In Ireland From Phillips 66 52
Phillips 66 Partners Completes Acquisition Of Two Rail-Unloading Facilities In New Jersey And Washington From Phillips 66 For US$330 Million 53
Phillips 66 Partners Completes Acquisition Of Pipeline Assets In Texas From Phillips 66 For US$10 Million 55
Phillips 66 Partners Completes Acquisition Of Pipeline System And Storage Assets From Phillips 66 For US$700 Million 56
Phillips 66 Plans To Sell Refineries In Germany And Malaysia 58
United Riverhead Completes Acquisition Of Petroleum Terminal In New York From Phillips 66 59
Monroe Energy Completes Acquisition Of Trainer Refinery Complex From Phillips 66 For US$180 Million 60
Acquisition 62
Phillips 66 Completes Acquisition Of Additional 2.5% Stake In Explorer Pipeline 62
Phillips 66 Partners Completes Acquisition Of Phillips 66 Plymouth And Remaining 75% Stake In Phillips 66 Sweeny From Phillips 66 For US$775 Million 63
Phillips 66 Partners Completes Acquisition Of 25% Stake In Phillips 66 Sweeny From Phillips 66 For US$236 Million 65
Phillips 66 Partners Completes Acquisition Of Interests In Three Pipeline Systems From Phillips 66 For US$1.01 Billion 66
Petronas Completes Acquisition Of Remaining 47% Interest In MRC From Phillips For US$635 Million 68
Berkshire Hathaway Completes Acquisition Of Phillips Specialty Products From Phillips 66 For US$1.35 Billion 69
Vitol Completes Acquisition Of Phillips 66 Power Operations From Phillips 66 70
Phillips 66 Company - Key Competitors 71
Phillips 66 Company - Key Employees 72
Phillips 66 Company - Locations And Subsidiaries 73
Head Office 73
Other Locations & Subsidiaries 73
Joint Venture 74
Recent Developments 75
Strategy and Business Expansion 75
Aug 30, 2016: Motiva Forms New 76 Brand Sales And Marketing Team 75
Financial Announcements 76
Aug 01, 2017: Phillips 66 Reports Second-Quarter Earnings Of $550 Million Or $1.06 Per Share 76
Apr 28, 2017: Phillips 66 Reports First-Quarter Earnings Of $535 Million Or $1.02 Per Share 79
Feb 03, 2017: Phillips 66 Reports Fourth-Quarter Earnings Of $163 Million Or $0.31 Per Share 82
Oct 28, 2016: Phillips 66 Reports Third-Quarter Earnings Of $511 Million Or $0.96 Per Share 85
Jul 29, 2016: Phillips 66 Reports Second-Quarter Earnings Of $496 Million Or $0.93 Per Share 87
Apr 29, 2016: Phillips 66 Reports First-Quarter Earnings Of $385 Million Or $0.72 Per Share 89
Jan 29, 2016: Phillips 66 Reports Fourth-Quarter Earnings Of $650 Million Or $1.20 Per Share 91
Other Significant Developments 94
Jun 01, 2017: Energy Transfer Announces Bakken Pipeline Is In Service Transporting Domestic Crude Oil From Bakken/Three Forks Production Areas 94
May 24, 2017: Phillips 66 Unveils New Mobile Platform At Momentum Conference 95
May 18, 2017: Coreworx Confirmed To Speak At World's Largest Downstream Industry Event 96
Mar 16, 2017: Phillips 66 Announces Open Season For West Texas Crude Oil Pipeline System 97
Mar 14, 2017: San Luis Obispo Board of Supervisors Denies Phillips 66's Oil Trains Project 98
Feb 16, 2017: Cenovus Delivers Strong Operational Performance In 2016 99
Dec 16, 2016: Phillips 66 Freeport LPG Export Terminal Fully Operational 104
Dec 09, 2016: Phillips 66 Announces 2017 Capital Program 105
Oct 20, 2016: Coast Guard Completes Analysis Of Product From San Pablo Bay Sheen 106
Oct 07, 2016: Phillips 66 Board Elects New Directors 107
Oct 05, 2016: San Luis Obispo Planning Commission Denies Phillips 66's Oil Trains Project 108
Sep 20, 2016: San Luis Obispo County: Phillips 66 Company Rail Spur Extension Project 110
Aug 31, 2016: PDVSA Triumphed In Arbitral Procedure Over Phillips 66, An Affiliate Of ConocoPhillips 111
Aug 24, 2016: Phillips 66 Takes Westlake Refinery Unit Offline 112
Aug 17, 2016: Energy Transfer, Sunoco Logistics, And Phillips 66 Announce Binding Supplemental Open Season For Bakken Pipeline Transport 113
Aug 15, 2016: Phillips 66 Reports Fire At Lake Charles Refinery 114
Apr 27, 2016: Phillips 66 Suspends Operations At Wood River Refinery Crude Unit 115
Mar 16, 2016: TonenGeneral To Receive US Crude In May 2016 116
Feb 02, 2016: Phillips 66 To Upgrade Bayway Refinery's FCC Unit 117
New Contracts Announcements 118
Mar 10, 2017: DOE Announces Contract Awards For Sale Of Crude Oil From Strategic Petroleum Reserve 118
Jan 25, 2017: Department Of Energy Announces Contract Awards For Sale of Crude Oil From Strategic Petroleum Reserve 119
Apr 19, 2016: Audubon Engineering Solutions Awarded Maintenance Services Contract With Phillips 66 120
Appendix 121
Methodology 121
About GlobalData 121
Contact Us 121
Disclaimer 121

List of Tables
Phillips 66 Company, Oil & Gas, Key Facts, 2016 2
Phillips 66 Company, Oil & Gas, Deals Summary, 2011 to YTD 2017 2
Phillips 66 Company, Oil & Gas, Deals By Year, 2011 to YTD 2017 8
Phillips 66 Company, Oil & Gas Deals By Type, 2011 to YTD 2017 9
Phillips 66 Company, Oil & Gas, Deals By Region, 2011 to YTD 2017 10
Phillips 66 Company, Deals By Sector, 2011 to YTD 2017 11
Phillips 66 Company, Oil & Gas, Deals Summary, 2011 to YTD 2017 12
Phillips 66 Completes Acquisition Of NGL Logistics System In Louisiana From Chevron 14
Phillips 66 Partners Completes Acquisition Of Midstream Assets In New Jersey, Montana, Texas And Oklahoma From Phillips 66 For US$1.3 Billion 15
Phillips 66 Partners Completes Acquisition Of Two Rail-Unloading Facilities In New Jersey And Washington From Phillips 66 For US$330 Million 16
Phillips 66 Partners Completes Acquisition Of Pipeline Assets In Texas From Phillips 66 For US$10 Million 18
Phillips 66 Completes Acquisition Of Gulf Coast Crude Oil And Refined Products Terminal In Texas From Unocal 19
Phillips 66 Partners Completes Acquisition Of Pipeline System And Storage Assets From Phillips 66 For US$700 Million 20
TRC Capital To Acquire 0.48% Stake In Phillips 66 For US$94 Million In Tender Offer 22
Plains All American Forms Joint Venture With Phillips 66 Partners 23
Phillips 66, Energy Transfer And Sunoco Logistics Form Joint Venture To Develop Bayou Bridge Pipeline 24
Phillips 66 Partners And Paradigm Energy Form Midstream Logistics Joint Ventures 26
Phillips 66 Forms Joint Venture With Energy Transfer Equity And Energy Transfer 27
Phillips 66 Completes Public Offering Of Units For US$301.3 Million 28
Phillips 66 Partners Completes Public Offering Of Units For US$662.9 Million 30
Phillips 66 Partners Completes Public Offering Of Units For US$396.4 Million 32
Phillips 66 Partners Completes IPO Of Units For US$434.4 Million 34
Phillips 66 Partners Completes Public Offering Of 3.55% Senior Notes, Due 2026 For US$500 Million 36
Phillips 66 Partners Completes Public Offering Of 4.9% Senior Notes, Due 2046 For US$625 Million 38
Phillips 66 Partners Completes Public Offering Of 2.646% Senior Notes For US$300 Million 40
Phillips 66 Partners Completes Public Offering Of 3.605% Senior Notes For US$500 Million 41
Phillips 66 Partners Completes Public Offering Of 4.68% Senior Notes For US$300 Million 42
Phillips 66 Completes Private Placement Of 1.95% Notes Due 2015 For US$800 Million 43
Phillips 66 Completes Private Placement Of 2.95% Notes Due 2017 For US$1.5 Billion 44
Phillips 66 Completes Private Placement Of 4.3% Notes Due 2022 For US$2 Billion 45
Phillips 66 Completes Private Placement Of 5.875% Notes Due 2042 For US$1.5 Billion 46
Phillips 66 Partners Completes Acquisition Of Midstream Assets In New Jersey, Montana, Texas And Oklahoma From Phillips 66 For US$1.3 Billion 47
Irving Oil Completes Acquisition Of Whitegate Refinery In Ireland From Phillips 66 49
Irving Oil Completes Acquisition Of Whitegate Refinery In Ireland From Phillips 66 50
Phillips 66 Rumored To Sell Whitegate Refinery In Ireland 51
Zenith Energy Acquires Bantry Bay Oil Terminal In Ireland From Phillips 66 52
Phillips 66 Partners Completes Acquisition Of Two Rail-Unloading Facilities In New Jersey And Washington From Phillips 66 For US$330 Million 53
Phillips 66 Partners Completes Acquisition Of Pipeline Assets In Texas From Phillips 66 For US$10 Million 55
Phillips 66 Partners Completes Acquisition Of Pipeline System And Storage Assets From Phillips 66 For US$700 Million 56
Phillips 66 Plans To Sell Refineries In Germany And Malaysia 58
United Riverhead Completes Acquisition Of Petroleum Terminal In New York From Phillips 66 59
Monroe Energy Completes Acquisition Of Trainer Refinery Complex From Phillips 66 For US$180 Million 60
Phillips 66 Completes Acquisition Of Additional 2.5% Stake In Explorer Pipeline 62
Phillips 66 Partners Completes Acquisition Of Phillips 66 Plymouth And Remaining 75% Stake In Phillips 66 Sweeny From Phillips 66 For US$775 Million 63
Phillips 66 Partners Completes Acquisition Of 25% Stake In Phillips 66 Sweeny From Phillips 66 For US$236 Million 65
Phillips 66 Partners Completes Acquisition Of Interests In Three Pipeline Systems From Phillips 66 For US$1.01 Billion 66
Petronas Completes Acquisition Of Remaining 47% Interest In MRC From Phillips For US$635 Million 68
Berkshire Hathaway Completes Acquisition Of Phillips Specialty Products From Phillips 66 For US$1.35 Billion 69
Vitol Completes Acquisition Of Phillips 66 Power Operations From Phillips 66 70
Phillips 66 Company, Key Competitors 71
Phillips 66 Company, Key Employees 72
Phillips 66 Company, Other Locations 73
Phillips 66 Company, Subsidiaries 73
Phillips 66 Company, Joint Venture 74

List of Figures
Phillips 66 Company, Oil & Gas, Deals by Type, 2011 to YTD 2017 2
Phillips 66 Company, Oil & Gas, Deals By Year, 2011 to YTD 2017 2
Phillips 66 Company, Oil & Gas, Deals By Region, 2011 to YTD 2017 2
Phillips 66 Company, Oil & Gas, Deals By Sector, 2011 to YTD 2017 2
Phillips 66 Company, Oil & Gas, Deals By Year, 2011 to YTD 2017 8
Phillips 66 Company, Oil & Gas, Deals by Type, 2011 to YTD 2017 9
Phillips 66 Company, Oil & Gas, Deals By Region, 2011 to YTD 2017 10
Phillips 66 Company, Oil & Gas, Deals by Sector, 2011 to YTD 2017 11


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