Phillips 66 CEDEAR (PSXD)

Profile

https://www.phillips66.com

Phillips 66 CEDEAR represents shares of Phillips 66, an independent energy manufacturing and logistics company focused on downstream operations. The company refines crude oil into transportation fuels such as gasoline, diesel, and jet fuel, along with lubricants and feedstocks for petrochemical production. It manages midstream assets including pipelines, terminals, and fractionators for transporting and storing crude oil and natural gas liquids. Phillips 66 markets and distributes fuels and lubricants through wholesale and retail channels, and engages in petrochemical manufacturing via its CPChem joint venture, which produces olefins and polyolefins primarily in the United States and the Middle East. These activities span refining, midstream transportation, marketing, chemicals, and renewable fuels, supporting global energy needs. Headquartered in Houston, Texas, Phillips 66 operates as an integrated provider in key energy sectors including oil and gas refining and marketing.