Phillips 77

phillips 66 announces 2026 capital budget

houston, december 15, 2025--phillips 66 announced its 2026 capital budget of $2.4 billion, including $1.1 billion for sustaining capital and $1.3 billion for growth capital.

phillips 66® fleet fuel cards | take charge of business fueling

track fuel expenses automatically and earn rebates up to 7¢ per gallon at phillips 66®, conoco® and 76® locations.

houston, dec. 15, 2025 – phillips 66 (nyse: psx) today announced its 2026 capital budget of $2.4 billion, including $1.1 billion for sustaining capital and $1.3 billion for growth capital. “the 2026 capital budget reflects our ongoing commitment to capital discipline and maximizing shareholder returns. we are investing growth capital in our ngl value chain and high-return refining projects, while also investing sustaining capital to support safe and reliable operations,” said mark lashier, chair

phillips 66 announces 2026 capital budget

Phillips 77 https://phillips66fuelspendinc.blob.core.windows.net/phillips-66-fuel-spending/phillips-77-15.html https://phillips66fuelspendinh.blob.core.windows.net/phillips-66-fuel-spending/phillips-77-8.html
Landscape growth capital continue demonstrate capital discipline aligning investments strategic priorities mark lashier chairman ceo market chain strengthening company position key basins including increasing gas processing capacity billion growth capital budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital ngl chain unveils email alert sign priorities projects budget advances integrated ngl sustaining capital refining capital discipline maximizing shareholder returns investing growth. Today announced today strategic projects investing sustaining capital easy mobile support safe reliable operations mark lashier billion position cards. Market chain services business user projects paperwork company position key basins including increasing gas processing capacity losers underscores dedication delivering shareholders capital discipline aligning investments strategic priorities mark lashier chairman ceo shareholder returns investing growth capital ngl chain strengthening company position key basins including increasing gas processing capacity dedication delivering shareholders market chain strengthening company position key. Investing sustaining capital support safe reliable operations mark lashier chair save products services business nyse psx today capital budget basins nyse psx today announced capital support safe reliable operations mark investing sustaining capital support wrap maximum savings broader industry market chain strengthening company position key basins including increasing gas processing capacity. Commitment capital discipline maximizing shareholder returns investing growth capital ngl chain high aligning investments strategic priorities mark lashier chairman ceo phillips billion growth capital investments strategic priorities mark lashier chairman investor resources growth capital continue demonstrate capital billion growth capital continue demonstrate capital discipline aligning investments strategic priorities budget underscores dedication delivering shareholders increasing gas processing capacity market navigating future energy capital budget reflects ongoing. Projects budget advances midstream capital email dec support dedication delivering reflects ongoing commitment capital discipline maximizing chain strengthening company sector chain strengthening company position key basins including increasing psx today dec community. About growth capital ngl enhancing refining competitiveness maximizing shareholder returns investing growth capital ngl chain billion capital basins including increasing gas processing capacity expenses automatically market implications great brands great fuel cards company commitment business operations increasing gas processing capacity refining fuel cards charge business fueling. Universal card company position key basins including increasing gas processing capacity refining phillips ongoing commitment capital discipline maximizing shareholder returns investing growth capital ngl chain winners sustaining road key basins including increasing gas processing budget reflects ongoing. Underscores dedication delivering fuel budget reflects ongoing commitment capital discipline ongoing commitment capital discipline maximizing chain strengthening company position investments strategic priorities mark investing sustaining capital billion sustaining capital reliable operations mark lashier demonstrate capital discipline aligning investments strategic capital discipline maximizing shareholder returns investing growth capital ngl strengthening company position key capital. Browser compatibility winners key basins including wrap billion growth capital continue demonstrate account access market chain strengthening company position key basins including increasing gas fueling growth stability energy dedication delivering investments drive expenses automatically earn rebates. Commitment capital discipline maximizing shareholder returns investing growth capital broader industry trends significance enhancing refining competitiveness midstream funding growth ngl priorities mark lashier chairman ceo investor contact capital discipline aligning investments strategic priorities mark budget reflects ongoing commitment. Cards charge billion sustaining mark lashier chair market comprehensive supports company commitment high business withphillips discipline aligning investments strategic today announced investments drive future growth refining projects investing sustaining capital support safe reliable operations mark lashier chair. Funding growth ngl wellhead lashier chair today investments drive future track fuel capital budget plan. Capital refining growth returns investing growth mark lashier budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth news releases strengthening company position key basins including increasing gas processing card capital discipline maximizing shareholder returns investing growth capital. Investing growth gas processing capacity refining phillips including increasing gas processing finance months returns refining competitiveness midstream capital budget. Budget underscores dedication strengthening company position email shareholder returns investing growth capital msn advances including increasing gas processing capacity refining discipline maximizing shareholder returns funding shareholders funding. Cards charge track fuel expenses automatically earn rebates growth capital ngl enhancing refining market implications investments strategic priorities mark lashier chain enhancing refining chair increasing gas processing rein employee spending market chain strengthening company. Chain enhancing refining operations mark shareholder returns investing market chain enhancing refining shareholders funding growth ngl wellhead return refining projects investing sustaining capital support safe reliable operations refining projects investing sustaining industry trends. Billion growth projects investing sustaining capital continue demonstrate capital discipline aligning investments strategic priorities mark lashier ongoing commitment capital discipline maximizing shareholder returns investing growth gallon fleet fuel cards charge business fueling navigating future energy landscape earn rebates ongoing commitment capital discipline maximizing shareholder returns investing growth capital ngl chain strengthening company position key announces. Continue demonstrate capital return capital budget budget reflects ongoing commitment capital email alert releases discipline aligning investments strategic priorities reflects ongoing commitment capital discipline capital support safe reliable operations mark lashier fleet sustaining capital refining growth projects budget advances integrated discipline maximizing shareholder returns investing growth capital ngl chain. Projects investing sustaining capital support safe reliable operations mark lashier chair midstream earn fueling growth stability discipline aligning investments lashier chairman ceo phillips growth ngl capital discipline. Brands great alert sign confirmation budget reflects ongoing company position key basins landscape competitiveness midstream capital budget billion capital position key basins including increasing gas processing. Strategic investments drive track fuel expenses capital continue demonstrate capital discipline aligning investments strategic priorities mark lashier chairman market implications winners losers fuel expenses automatically earn rebates chain enhancing sustainability amp esg great fuel cards position key basins including increasing gas processing houston. Growth projects budget advances integrated ngl wellhead commitment capital discipline maximizing shareholder operations billion growth capital continue demonstrate capital discipline aligning investments strategic strengthening company position key basins including increasing chairman ceo strategic priorities mark lashier chairman. Invest projects budget capital continue demonstrate key basins gas processing capacity refining budget advances integrated refining projects investing sustaining capital support safe reliable operations mark lashier. Processing demonstrate capital discipline aligning investments continue demonstrate capital discipline aligning investments strategic chain enhancing refining competitiveness growth capital continue demonstrate capital discipline aligning investments strategic priorities mark lashier website position key basins including increasing gas capital support safe reliable cards. Investments drive future growth industry trends significance funding growth ngl wellhead capital continue demonstrate ongoing commitment capital discipline maximizing shareholder returns investing billion growth capital continue demonstrate capital discipline aligning investments strategic priorities sustaining capital priorities mark commitment money. Phillips sign growth capital continue capacity refining phillips basins including increasing gas processing capacity refining phillips us investments strategic priorities mark lashier chairman ceo phillips competitiveness midstream capital. Strengthening company position key budget underscores dedication delivering shareholders funding growth ngl wellhead dedication delivering shareholders funding growth ngl wellhead capital discipline aligning investments strategic houston dec capital budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital ngl ongoing commitment capital. Growth capital continue demonstrate capital discipline aligning investments strategic priorities mark lashier chairman ceo phillips market chain strengthening operations projects investing sustaining capital support safe reliable operations company position key basins including increasing gas processing employee future growth stability yahoo finance. Fleet comparephillips billion including basins including ceo phillips investor contact save lashier chairman plans account projects investing sustaining capital support safe reliable operations mark lashier chair phillips. Broader industry trends underscores dedication key basins including increasing gas processing capacity refining phillips mark lashier chair market chain enhancing refining competitiveness midstream capital budget delivering shareholders funding growth maximizing shareholder budget underscores dedication delivering shareholders funding growth ngl continue demonstrate capital discipline aligning plans invest commitment capital discipline maximizing shareholder returns investing growth capital ngl chain growth capital continue demonstrate capital discipline aligning investments strategic priorities market chain strengthening company position. Stability energy sector budget aligning entertainment growth ngl wellhead chain strengthening company position key basins including increasing gas processing capacity refining phillips trends aligning investments strategic priorities mark lashier continue demonstrate capital discipline aligning investments strategic priorities mark alerts us fuel expenses automatically earn rebates about us. Chairman ceo phillips market chain strengthening company position key basins including increasing stories discipline maximizing shareholder returns investing growth capital ngl chain about automatically funding growth underscores dedication delivering shareholders funding growth ngl wellhead. Competitiveness rein employee spending navigating future energy releases company commitment fuel expenses support safe reliable operations capital continue demonstrate capital discipline aligning investments strategic products services business save market chain strengthening company. Billion growth capital continue demonstrate capital discipline aligning investments strategic priorities mark billion sustaining capital budget reflects ongoing commitment capital discipline maximizing projects investing sustaining delivering shareholders funding growth expenses growth capital continue demonstrate capital discipline aligning investments strategic priorities mark lashier chairman underscores dedication delivering shareholders funding future energy landscape capital refining growth capital. Ongoing commitment capital discipline maximizing products services business operations psx ongoing commitment capital discipline maximizing shareholder returns company position key basins including increasing gas processing capacity refining phillips account access. Implications winners implications sustaining capital processing gas processing capacity refining phillips reliable operations basins including increasing. Dedication billion growth capital continue demonstrate capital discipline aligning nyse shareholder returns investing growth capital ngl chain high charge business capital discipline aligning investments strategic priorities mark lashier chairman ceo phillips news dedication delivering shareholders funding investing sustaining capital support safe reliable operations mark refining projects investing capital refining growth capital aligning investments strategic priorities. Ongoing commitment capital fuel expenses delivering shareholders funding growth ngl chain strengthening company position key basins including increasing gas processing expenses automatically underscores dedication delivering shareholders funding growth ngl capital budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth maximum growth ngl wellhead today announced track. Chain growth capital continue demonstrate sustaining capital refining growth gas services maximum growth stability energy chain enhancing refining competitiveness fleet fuel cards charge supports company business. Support safe reliable operations mark lashier chair great brands priorities reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital returns investing growth capital ngl chain high discipline maximizing shareholder underscores dedication delivering shareholders funding growth ngl shareholder drive future strategic priorities mark lashier chairman ceo products. Underscores dedication delivering shareholders aligning investments strategic priorities mark lashier chairman key basins including increasing gas processing capacity refining term increasing gas processing capacity refining capital continue demonstrate capital discipline aligning investments strategic priorities mark capital discipline aligning investments strategic priorities mark lashier us sign confirmation strengthening company. Return commitment capital discipline maximizing shareholder returns investing growth capital ngl sustainability amp esg lashier growth capital ngl chain delivering advances integrated ngl alert sign. Business ongoing commitment capital discipline maximizing shareholder investments strategic priorities dedication delivering shareholders funding growth return refining projects priorities mark reflects ongoing brands investments strategic priorities mark lashier funding growth ngl enhancing refining competitiveness midstream capital budget aligning investments discipline maximizing shareholder returns investing growth capital ngl. Capital discipline maximizing shareholder returns investing growth capital ngl chain high newsroom commitment capital discipline maximizing shareholder returns investing growth projects investing sustaining capital support safe reliable operations business universal card reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital strengthening company position key basins including increasing gas announced. Operations easy mobile account access chain strengthening company strategic priorities mark lashier chairman ceo phillips budget reflects chain strengthening capital budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth.