With more than 140 years of experience, we are well-positioned to help fulfill global energy needs. We are a diversified energy manufacturing and logistics company with unique businesses in Refining, Midstream, Chemicals and Marketing and Specialties.
Our company’s name Phillips 66 reflects our rich history, strong brand recognition and value from being one of the leading fuel brand names in the United States for almost 130 years. Phillips 66 has had great moments that demonstrate its vision and values, and we’ve never been more excited about the future.
Conoco began as the Continental Oil and Transportation Co., one of the first petroleum marketers in the West, in 1875.
Brothers Frank and L.E. Phillips founded Phillips Petroleum Company, headquartered in Bartlesville, OK in 1917.
The 76 brand, long familiar in the western U.S., was created by Union Oil Company of California (later Unocal) in 1932.
During World War II, Phillips Petroleum and Conoco made high-octane aviation fuel possible, boosting the power of Allied airplanes.
During the 50s, 60s and 70s, Conoco and Phillips Petroleum expanded operations and entered new markets. Conoco built a new refinery in Billings, Mont. and expanded overseas. Phillips invented polyethylene plastics and entered the plastics business. It also began producing a polyolefin plastic trademarked as Marlex. Wham-O Manufacturing used Marlex in the production of the hula hoop.
In 1981, DuPont acquired Conoco after a heated takeover battle, and Conoco became a wholly owned DuPont subsidiary. It was the largest merger in U.S. history at that time. Phillips Petroleum fended off multiple takeover attempts during the 80s as well.
Conoco and Phillips Petroleum officially merged in 2002 to become ConocoPhillips, creating the sixth-largest publicly traded oil company in the world and the third-largest in the U.S.
ConocoPhillips spun off its midstream and downstream businesses to create a publicly traded company called Phillips 66 that began trading under the symbol PSX on the New York Stock Exchange (NYSE) on May 1, 2012.
In the United States, we market gasoline, diesel and aviation fuel through approximately 7,550 independently owned outlets in 48 states. The sites utilize the Phillips 66, Conoco or 76 brands.