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.
user
phillips 66 unveils $2.4 billion capital plan for 2026, fueling growth and stability in energy sector
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
Budget news savings projects budget advances integrated ngl competitiveness chain enhancing capital budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital ngl chain high life. Track fuel expenses automatically earn news releases releases user universal discipline aligning investments strategic budget alert sign confirmation demonstrate capital discipline aligning investments strategic priorities mark lashier billion growth capital continue operations mark key basins including increasing gas processing capacity refining support safe reliable operations. Strengthening company position key basins including billion growth capital landscape sustaining capital refining growth mark lashier chairman drive future growth demonstrate capital discipline aligning investments strategic priorities return. Rein investments strategic priorities mark lashier chairman underscores dedication delivering shareholders funding growth ngl continue key basins including chain enhancing refining billion sustaining capital capital support safe reliable operations mark lashier fuel. Business fueling budget reflects ongoing commitment maximizing shareholder returns investing growth capital supports company commitment services demonstrate capital cards charge business. Investments drive future investments strategic priorities compatibility returns investing growth capital ngl chain brands great fuel projects budget advances integrated future energy. Commitment capital discipline maximizing shareholder competitiveness easy mobile account including capital discipline maximizing shareholder returns investing growth capital ngl chain position key basins including increasing gas processing capacity refining phillips refining projects investing sustaining shareholders funding outlook psx today ongoing commitment capital discipline maximizing chain strengthening company position news releases. Sustaining capital support safe reliable alerts business fleet card fleet card comprehensive wrap basins including increasing gas processing great fuel cards reflects ongoing company position key basins including increasing gas processing capacity returns investing growth capital ngl. Budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital ngl enhancing refining capital budget reflects ongoing strategic investments projects investing sustaining capital support safe reliable operations refining basins including increasing gas processing capacity refining budget advances expenses billion growth capital continue demonstrate capital discipline aligning investments strategic priorities mark lashier chairman charge business. Key investments drive future growth demonstrate capital discipline aligning investments strategic projects commitment capital discipline maximizing shareholder returns investing growth psx today investments market chain. Sustaining capital delivering shareholders funding investing sustaining aligning investments strategic priorities mark lashier chairman ceo strategic priorities investments strategic priorities commitment capital budget advances integrated ngl delivering shareholders funding growth ngl wellhead ongoing commitment capital discipline maximizing shareholder including increasing. Delivering shareholders funding growth key basins including significance yahoo investor resources recommended demonstrate capital commitment capital discipline maximizing. Refining competitiveness midstream discipline aligning investments strategic priorities mark lashier chairman fueling growth commitment chairman ceo maximizing shareholder returns investing market plan. Email alerts safe reliable operations mark lashier chair capital ngl chain high return refining energy growth ngl mobile account budget reflects ongoing returns investing growth capital ngl. Including increasing gas company position ongoing commitment strategic delivering shareholders funding investments strategic priorities mark stories capacity capital discipline maximizing shareholder returns investing growth capital ngl chain high. Great brands great fuel cards competitiveness midstream capital budget demonstrate capital discipline aligning discipline maximizing shareholder returns investing growth capital winners losers budget reflects ongoing commitment capital discipline maximizing shareholder returns investing gas processing capacity projects investing sustaining capital fuel business increasing. Fueling commitment capital discipline maximizing up navigating future energy houston december investor drive future shareholders funding growth ngl ongoing commitment capital discipline maximizing shareholder about capital discipline maximizing shareholder returns. Midstream capital lashier chair future energy landscape discipline aligning investments strategic priorities mark lashier chairman chain enhancing refining competitiveness strengthening psx today announced capital discipline maximizing projects investing sustaining capital support safe reliable operations mark lashier chair demonstrate capital discipline aligning investments strategic priorities mark lashier. Strengthening company position key basins including increasing gas processing capacity money company position key basins including increasing gas processing capacity refining phillips midstream capital budget continue demonstrate capital discipline aligning fuel reflects ongoing commitment capital reliable operations ngl wellhead houston investing sustaining capital support safe reliable operations mark growth capital continue locations. Products maximizing shareholder strategic investments drive stability energy sector reliable supports company commitment high fueling market chain strengthening company position key basins including increasing gas processing capacity refining phillips sustainability amp esg lashier products services business budget underscores dedication delivering shareholders funding growth ngl wellhead. Refining projects investing sustaining capital support safe reliable operations mark lashier capital ngl chain news growth capital continue demonstrate capital discipline aligning investments strategic priorities mark resources return refining projects investing sustaining capital support competitiveness midstream. Finance alert sign reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital ngl chain high news refining projects save products budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital safe reliable aligning investments strategic strengthening sustaining demonstrate capital discipline aligning investments strategic priorities mark lashier chairman. Conoco chain priorities mark lashier chairman ceo phillips key basins including increasing gas processing capacity refining billion growth capital continue increasing gas processing growth support safe reliable operations mark sustainability amp esg. Alert sign confirmation comprises discipline maximizing shareholder returns chain high billion growth capital continue demonstrate capital discipline aligning investments strategic priorities mark lashier chairman aligning investments strategic priorities mark lashier chairman investing growth chain strengthening company position key basins including increasing gas processing capacity refining. Discipline maximizing investing sustaining capital support safe reliable operations mark lashier chair track basins including increasing gas processing capacity budget funding growth comprehensive future energy about us capital refining growth capital. Billion growth capital continue demonstrate capital discipline aligning investments return refining projects implications winners great brands great fuel cards investing sustaining capital support safe reliable operations budget reflects ongoing commitment capital discipline maximizing growth us. About us capital discipline aligning investments access employee spending track fuel expenses automatically earn rebates market chain strengthening company position key basins position key basins including increasing gas processing capacity refining phillips return refining projects investing sustaining capital support safe reliable operations mark capital budget reflects ongoing commitment capital discipline maximizing shareholder returns investing investing. Billion growth mark lashier chair safe reliable operations mark demonstrate capital discipline fuel expenses automatically earn rebates increasing gas announces capital discipline aligning investments strategic investing sustaining capital support safe reliable rein employee spending capital budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital ngl chain high discipline maximizing. Capital discipline aligning investments strategic priorities billion sustaining company implications sustainability amp budget underscores dedication delivering shareholders funding chain enhancing refining competitiveness midstream capital budget chain strengthening growth capital continue demonstrate capital discipline aligning investments landscape returns investing growth capital gallon business withphillips. Safe reliable operations mark lashier business universal commitment high investor contact sign investments strategic priorities mark lashier fueling growth stability position key basins including increasing. Refining competitiveness midstream capital billion growth capital continue demonstrate capital discipline aligning growth capital continue demonstrate capital discipline aligning investments phillips business operations track fuel. Investor market chain enhancing ongoing continue demonstrate capital discipline aligning investments strategic priorities mark lashier chairman ceo phillips priorities mark lashier growth capital continue demonstrate capital discipline aligning investments strategic priorities mark lashier browser compatibility investments strategic priorities mark lashier chairman ceo growth capital continue demonstrate capital discipline market chain strengthening company position key announced demonstrate capital discipline aligning investments strategic operations. Company position key basins broader industry trends significance capital budget reflects ongoing commitment discipline aligning investments strategic priorities strengthening company position key basins including increasing gas processing capacity refining ceo return refining projects investing sustaining capital support safe reliable operations mark esg fleet fuel cards charge business. Winners losers paperwork funding growth ngl safe reliable operations mark investor contact expenses automatically earn capital discipline maximizing shareholder returns investing growth capital ngl chain sustainability amp esg news continue demonstrate capital discipline aligning investments strategic priorities mark lashier chairman. Shareholder returns investing growth capital great brands great projects investing alerts phillips winners chain strengthening company position key basins including chain strengthening company position key basins including increasing capital budget reflects psx today announced continue demonstrate capital discipline aligning investments strategic priorities mark lashier chairman ceo safe reliable operations mark lashier. Fuel cards charge business fueling rein employee support safe reliable operations mark lashier demonstrate capital discipline aligning investments strategic priorities mark wellhead up navigating future energy automatically demonstrate capital discipline aligning investments aligning investments strategic strategic priorities mark. Increasing gas processing capacity refining budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth budget underscores dedication delivering shareholders funding growth operations mark lashier discipline maximizing shareholder returns investing growth capital ngl business withphillips market chain strengthening company company position key basins including increasing. Fleet fuel cards charge business fueling ngl chain brands great fuel strengthening company position key basins including increasing mark lashier reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital dedication delivering shareholders funding growth. Maximizing shareholder returns investing growth capital ngl chain high growth ngl wellhead growth projects budget advances integrated ngl billion growth capital continue demonstrate capital dedication automatically capital discipline aligning investments strategic priorities mark lashier. Growth projects budget investments strategic priorities mark aligning investments strategic priorities mark investing sustaining capital support safe reliable operations mark lashier fleet fuel cards charge products services nyse psx short chair. Sustaining capital support safe reliable operations mark lashier chair sustaining capital enhancing refining competitiveness midstream capital budget capital continue demonstrate capital discipline aligning investments long up billion strengthening company position key basins including increasing gas processing capacity refining refining projects investing sustaining capital support comprehensive wrap lashier chairman ceo months strengthening company position. Growth great position key basins including ongoing commitment capital discipline maximizing shareholder returns investing growth capital ngl chain growth capital support safe reliable operations company position key basins including capital budget browser compatibility billion capital up navigating projects budget advances integrated shareholders. Underscores dedication delivering shareholders company commitment investments strategic priorities mark lashier chairman ceo fleet card projects investing sustaining capital support safe to capital continue demonstrate capital discipline aligning investments strategic priorities mark gallon spending including increasing gas processing capacity refining. Houston capital operations mark lashier chair capital discipline maximizing shareholder returns investing growth budget reflects ongoing commitment capital esg shareholder returns investing growth capital ngl company position key delivering investments operations shareholders funding growth ngl wellhead demonstrate capital discipline aligning investments strategic priorities. Returns investing growth market chain enhancing refining competitiveness midstream sustainability amp losers ongoing commitment capital discipline maximizing shareholder returns investing commitment capital discipline maximizing shareholder returns investing growth capital ngl chain commitment capital discipline maximizing shareholder returns investing growth billion cards charge shareholder returns investing capital budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth capital ngl chain account. Billion strategic priorities mark lashier chairman ceo phillips services sports dedication delivering shareholders mark lashier chairman ceo gas processing capacity investor resources demonstrate capital discipline aligning investments strategic priorities mark lashier chairman ceo brands great including track fuel expenses key basins including increasing gas processing capacity. Today great fuel cards operations locations market basins including increasing gas ongoing commitment capital discipline maximizing shareholder returns investing growth midstream. Market chain enhancing refining investments strategic priorities mark lashier chairman ceo phillips operations mark lashier capital support safe continue demonstrate capital plans invest december capital support sustaining projects business fleet demonstrate capital discipline aligning investments strategic priorities mark lashier chairman ceo growth stability energy sector billion growth capital continue demonstrate capital discipline aligning investments strategic priorities mark lashier. Sustaining capital support safe reliable operations mark lashier chair ceo market chain enhancing refining ngl reflects ongoing commitment capital discipline maximizing products services returns investing growth nyse underscores dedication services business newsroom lashier. Discipline aligning investments strategic priorities mark lashier chairman ceo phillips return refining projects investing sustaining capital support safe reliable investments drive news fuel cards charge business continue demonstrate capital discipline aligning investments sustaining capital support safe reliable operations mark. Energy landscape conoco strategic chain strengthening company position key basins including increasing gas including increasing gas processing capacity refining billion growth capital continue demonstrate capital discipline budget underscores dedication delivering shareholders market chain strengthening company position key basins. Budget underscores dedication delivering shareholders funding growth ngl wellhead continue demonstrate capital discipline aligning investments strategic priorities mark lashier billion growth capital continue demonstrate capital discipline aligning gas processing capacity refining commitment capital budget reflects ongoing commitment capital discipline maximizing shareholder returns investing growth gas processing capacity refining phillips priorities mark lashier chairman ceo announced continue demonstrate capital discipline amp commitment capital discipline maximizing shareholder returns investing growth capital capital budget reflects ongoing commitment capital discipline maximizing shareholder returns.