Moody's Ratings announces completion of a periodic review of ratings of Phillips 66
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Phillips 66 and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 19 August 2024 in which we reassessed the appropriateness of the ratings in the context of the ...Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining, and marketing and specialties businesses. The company's segments include: Midstream, which provides crude oil and refined petroleum product transportation, terminaling and processing services, as well as natural gas and natural gas liquids transportation, storage, processing and marketing services; Chemicals, which manufactures and markets petrochemicals and plastics on a worldwide basis; Refining, which refines crude oil and other feedstocks into petroleum products; and Marketing and Specialties, which purchases for resale and markets refined petroleum products, mainly in the United States and Europe.
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