# Phillips 66

Type: Company (PSX)

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/phillips-66
Canonical HTML page: https://getfinancebrief.com/entity/phillips-66

## Timeline

- **2026-03-02**: Capacity Loss Assessment — Reports indicate California is losing 20% of refining capacity as Marathon and Valero facilities face uncertainty.
- **2025-12-31**: Official Refinery Closure — The 659-acre Phillips 66 facility in Carson and Wilmington officially ceases operations.
- **2024-12-31**: Production Ranking Shift — EIA data confirms California has fallen to 7th in US crude production, behind Wyoming and New Mexico.
- **2024-10-16**: Phillips 66 Exit Announcement — Industry titan Phillips 66 announces it will close its Los Angeles-area refinery by the end of 2025.

## Recent coverage (3 stories)

### 19 High-Volume Stocks: Crypto Miners, Airlines, and a 2X TSLA ETF
2026-08-24 04:00:12 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

A MarketBeat volume scan for August 23, 2026 flags 19 names across manufacturing, penny, and mid-cap categories, including semiconductor heavyweights, six crypto miners, two airlines, and a leveraged TSLA ETF. The mix points to broad speculative and cyclical positioning rather than a single sector theme.
Full story: https://getfinancebrief.com/story/high-volume-stock-screener-crypto-airlines-leveraged-tsla-aug-2026

### Phillips 66 and Vistra Lead S&P Growth Rankings in Energy and Utilities
2026-03-13 19:06:48 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Phillips 66 and Vistra have emerged as the top-rated growth stocks within the S&P 500 Energy and Utilities sectors, respectively. These rankings highlight a shift in market leadership as investors prioritize operational efficiency and exposure to high-demand infrastructure.
Full story: https://getfinancebrief.com/story/phillips-66-vistra-sp-growth-leaders

### California’s Refining Exodus: Phillips 66 Closure Signals 20% Capacity Drop
2026-03-03 00:36:17 · Sentiment: Bearish · Impact: 7/10 · Sources: 2

The closure of Phillips 66’s Los Angeles refinery marks a pivotal moment in California’s energy transition, as the state faces a nearly 20% reduction in total refining capacity. Driven by aggressive environmental regulations and shifting land-use priorities, the exodus of major oil players raises critical questions about fuel security and the redevelopment of massive industrial sites.
Full story: https://getfinancebrief.com/story/california-oil-refinery-closures-phillips-66-marathon-valero

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