Around the Net
Phillips 66 Goes Indie
- Convenience Store News , Wednesday, May 2, 2012 10:34 AM
Phillips 66 has spun off from parent ConocoPhillips, so the company and its affiliated brand names can expect an even heavier focus on loyalty programs and related services.
Phillips now trades as an independent company under the symbol PSX on the New York Stock Exchange. The new Houston-based business, which operates one convenience store across the street from its headquarters and has thousands of branded marketer sites, is responsible for all of ConocoPhillips' former downstream assets and many of its midstream assets.
