Phillips 66 Files 8-K Report
Ticker: PSX · Form: 8-K · Filed: Oct 15, 2024 · CIK: 1534701
| Field | Detail |
|---|---|
| Company | Phillips 66 (PSX) |
| Form Type | 8-K |
| Filed Date | Oct 15, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $1.24 billion, $1.17 billion, $70 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, other-events
Related Tickers: PSX
TL;DR
PSX filed an 8-K for 'Other Events' - details TBD.
AI Summary
On October 14, 2024, Phillips 66 filed an 8-K report to disclose other events. The filing does not contain specific details regarding the nature of these events, dollar amounts, or definitive dates beyond the filing date itself. The report was filed with the SEC on October 15, 2024.
Why It Matters
This 8-K filing indicates that Phillips 66 has reported an event to the SEC, which could be material information for investors. However, the lack of specific details in this filing makes it difficult to assess the immediate impact.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for 'Other Events' without specific disclosed material information, suggesting no immediate significant risk.
Key Players & Entities
- Phillips 66 (company) — Registrant
- 0001534701-24-000157 (filing_id) — Accession Number
- October 14, 2024 (date) — Date of Report
- October 15, 2024 (date) — Filing Date
FAQ
What specific event(s) are being reported under 'Other Events'?
The filing does not specify the nature of the 'Other Events' beyond the general category.
When was the earliest event reported?
The earliest event reported was on October 14, 2024.
What is the company's principal executive office address?
The principal executive offices are located at 2331 CityWest Boulevard, Houston, Texas 77042.
What is Phillips 66's IRS Employer Identification Number?
The IRS Employer Identification Number is 45-3779385.
What is the SIC code for Phillips 66?
The Standard Industrial Classification (SIC) code is 2911 for Petroleum Refining.
Filing Stats: 511 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-10-15 09:04:31
Key Financial Figures
- $0.01 — ange on which registered Common stock, $0.01 par value PSX New York Stock Exchange
- $1.24 billion — .06 billion Swiss francs (approximately $1.24 billion) consisting of a 1 billion Swiss franc
- $1.17 billion — Swiss franc sales price (approximately $1.17 billion) and an assumed dividend of 60 million
- $70 million — 60 million Swiss francs (approximately $70 million) for financial year 2024 to be paid at
Filing Documents
- psx-20241014.htm (8-K) — 23KB
- exhibit991-stocklireleaseo.htm (EX-99.1) — 14KB
- image_0a.jpg (GRAPHIC) — 16KB
- 0001534701-24-000157.txt ( ) — 187KB
- psx-20241014.xsd (EX-101.SCH) — 2KB
- psx-20241014_lab.xml (EX-101.LAB) — 22KB
- psx-20241014_pre.xml (EX-101.PRE) — 13KB
- psx-20241014_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On October 14, 2024, Phillips 66 issued a press release announcing that its subsidiary, Phillips 66 Limited ("P66L"), has entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG to its Swiss joint venture partner. P66L will receive cash of 1.06 billion Swiss francs (approximately $1.24 billion) consisting of a 1 billion Swiss franc sales price (approximately $1.17 billion) and an assumed dividend of 60 million Swiss francs (approximately $70 million) for financial year 2024 to be paid at or prior to closing. The sales price is subject to adjustment based on the amount of the dividend. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release issued by Phillips 66 on October 14, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PHILLIPS 66 By: /s/ Vanessa Allen Sutherland Vanessa Allen Sutherland Executive Vice President Date: October 14, 2024 2