Analyst Report: Phillips 66

Argus

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Feb 09, 2026

Summary

Phillips 66 is simply a downstream vigor institution with assets successful 5 segments: Refining, Marketing & Specialties, Chemicals, Midstream, and Renewable Fuels. Its Refining and Marketing operations see 12 refineries with nett crude capableness of 2.2 cardinal bpd. Its Chemicals operations are conducted done a 50% involvement successful CP Chem, which has much than 33 cardinal pounds of nett yearly processing capacity. Midstream operations are conducted done DCP Midstream Partners and done the company's controlling involvement one

William V. Selesky

Senior Analyst: Basic Materials

Bill covers the Basic Materials assemblage for Argus. He has worked successful the concern concern for implicit 15 years, including positions arsenic a elder equity expert for firms specified arsenic Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided sum connected groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming and Utilities. At PaineWebber, helium besides served arsenic portion of a squad that managed $9 cardinal successful progressive equity products. Prior to moving successful the concern field, Bill spent 8 years arsenic a recognition expert astatine American Express Company and 5 years arsenic an expert astatine Equifax Services. Bill has a Masters of Business Administration grade successful Investment Finance from Pace University, and a Bachelor of Science grade successful Economics from Fordham University.