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Phillips 66 Amends Receivables Purchase and Financing Agreement

Aug 21, 2026about 3 hours ago

Contract Type

financing_agreement

HoustonEnergyOil And GasNatural Resources

Description

On August 20, 2026, Phillips 66 Company amended its accounts receivable securitization program. The Fifth Amendment to the Receivables Purchase and Financing Agreement establishes a facility of up to $250 million and increases the committed facility size from $1.75 billion to $2 billion. Additionally, it extends the maturity date from September 28, 2026 to a later date.

Company Information

Company

Phillips 66

Location

Houston, Texas, United States

About

Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Headquartered in Houston, the company has 14,000 employees committed to safety and operating excellence. Phillips 66 had $57 billion of assets as of June 30, 2021. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.

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