Phillips 66 is an advantaged downstream energy company with segment-leading Refining and Marketing (R&M), Midstream and Chemicals businesses. The company’s R&M operations include 15 refineries with a net crude oil capacity of 2.2 million barrels per day. Its Midstream operations are run through DCP Midstream, LLC, one of the largest natural gas gatherers and processors in the United States and its Chemicals business is conducted through its 50 percent interest in Chevron Phillips Chemical Company LLC.