Phillips 66
2.81 %
-20.78 %
Yet to be announced
Company Overview
Phillips 66 operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties. The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market. The Chemicals segment produces and markets ethylene and other olefin products. The Refining segment refines crude oil into petroleum products, such as gasolines, distillates, aviation, and renewable fuels.
Revenue Sources
PassAfter reviewing Phillips 66's operations and revenue sources, the company's primary revenue streams come from energy manufacturing, logistics, and related services. These activities involve real asset exchanges and value creation through the processing and distribution of energy products. The company does not derive significant revenue from prohibited activities such as gambling, alcohol, tobacco, or other haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $30.64b | $29.99b | - | $221.0m | 0.00% | 0.74% |
| Dec. 31, 2024 | $34.16b | $34.23b | - | $220.0m | 0.00% | 0.64% |
| Sept. 30, 2024 | $36.08b | $35.75b | - | $229.0m | 0.00% | 0.64% |
| June 30, 2024 | $38.67b | $37.36b | - | $231.0m | 0.00% | 0.62% |
Based on the financial data from the last four quarters, Phillips 66's interest expense has been consistent, ranging from $218 million to $231 million per quarter. When comparing these expenses to total expenses, the interest expense ratios fall well below the 5% threshold for all quarters examined. This indicates that interest is not a material part of the company's business model.
Operational Ethics
PassAfter reviewing public records, SEC filings, and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in North America and Europe, with no substantial direct ties to the state of Israel or the Chinese Communist Party.
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