# Phillips 66 Type: Company (PSX) Source: GetYourBrief — https://getyourbrief.com/entity/phillips-66 Canonical HTML page: https://getyourbrief.com/entity/phillips-66 ## Timeline - **2026-03-02**: Redevelopment Focus — Industry attention shifts to the remediation and repurposing of shuttered refinery sites. - **2026-03-02**: Market Assessment — Analysis confirms the state is on track to lose nearly 20% of its total refining capacity as other facilities idle. - **2026-03-02**: Capacity Loss Assessment — Reports indicate California is losing 20% of refining capacity as Marathon and Valero facilities face uncertainty. - **2025-12-31**: Official Shutdown — The 659-acre Phillips 66 Los Angeles Refinery officially ceases operations. - **2025-12-31**: Official Closure — The Phillips 66 Los Angeles Refinery officially ceases all operations across its Carson and Wilmington facilities. - **2025-12-31**: Official Refinery Closure — The 659-acre Phillips 66 facility in Carson and Wilmington officially ceases operations. - **2024-12-31**: Production Data — EIA reports California production ranks 7th nationally as industry decline accelerates. - **2024-12-31**: Production Decline Data — EIA data confirms California has dropped to 7th in national crude oil production. - **2024-12-31**: Production Ranking Shift — EIA data confirms California has fallen to 7th in US crude production, behind Wyoming and New Mexico. - **2024-10-16**: Closure Announcement — Phillips 66 announces plans to shutter its Los Angeles-area refinery by the end of 2025. - **2024-10-16**: Phillips 66 Announcement — Industry giant Phillips 66 announces plans to close its Los Angeles-area refinery by the end of 2025. - **2024-10-16**: Phillips 66 Exit Announcement — Industry titan Phillips 66 announces it will close its Los Angeles-area refinery by the end of 2025. ## Recent coverage (9 stories, network-wide) ### 5 Manufacturing Stocks See Highest Volume: Semiconductor Supply Chain Leads 2026-08-24 04:00:33 · Sector: supply · Sentiment: Neutral · Impact: 5/10 · Sources: 2 A MarketBeat screener for August 23, 2026 ranks Taiwan Semiconductor, Applied Materials, and Fabrinet among the top-volume manufacturing names, signaling capital flows into semiconductor production capacity. Honeywell Aerospace and Phillips 66 round out the list, tying the signal to aerospace and energy supply chains. Full story: https://getsupplybrief.com/story/manufacturing-stocks-volume-semiconductor-supply-chain-aug-2026 ### 19 High-Volume Stocks: Crypto Miners, Airlines, and a 2X TSLA ETF 2026-08-24 04:00:12 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2 A MarketBeat volume scan for August 23, 2026 flags 19 names across manufacturing, penny, and mid-cap categories, including semiconductor heavyweights, six crypto miners, two airlines, and a leveraged TSLA ETF. The mix points to broad speculative and cyclical positioning rather than a single sector theme. Full story: https://getfinancebrief.com/story/high-volume-stock-screener-crypto-airlines-leveraged-tsla-aug-2026 ### AI Infrastructure Triad: Micron, Vistra, and Phillips 66 Lead S&P Growth Grades 2026-03-13 19:36:35 · Sector: ai · Sentiment: Neutral · Impact: 5/10 · Sources: 3 Micron, Vistra, and Phillips 66 have emerged as the top-rated growth stocks in their respective S&P 500 sectors, signaling a market shift toward the physical infrastructure layer of AI. This trend highlights the critical role of memory, utilities, and energy as the primary beneficiaries of the ongoing generative AI expansion. Full story: https://getaibrief.com/story/ai-infrastructure-growth-leaders-micron-vistra-phillips-66 ### Phillips 66 and Vistra Lead S&P Growth Rankings in Energy and Utilities 2026-03-13 19:06:48 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2 Phillips 66 and Vistra have emerged as the top-rated growth stocks within the S&P 500 Energy and Utilities sectors, respectively. These rankings highlight a shift in market leadership as investors prioritize operational efficiency and exposure to high-demand infrastructure. Full story: https://getfinancebrief.com/story/phillips-66-vistra-sp-growth-leaders ### Phillips 66 and Vistra Lead S&P Growth Rankings Amid Energy Sector Shifts 2026-03-13 19:05:08 · Sector: climate · Sentiment: Neutral · Impact: 5/10 · Sources: 2 Phillips 66 and Vistra have emerged as the top-ranked growth stocks within the S&P 500's energy and utilities sectors, respectively. This shift highlights a broader trend where traditional value-heavy sectors are producing high-growth leaders driven by midstream optimization and AI-fueled power demand. Full story: https://getclimatebrief.com/story/phillips-66-vistra-sp-growth-rankings ### California’s Refining Exodus: Phillips 66 Closure Signals 20% Capacity Drop 2026-03-03 00:36:17 · Sector: finance · Sentiment: Negative · Impact: 7/10 · Sources: 2 The closure of Phillips 66’s Los Angeles refinery marks a pivotal moment in California’s energy transition, as the state faces a nearly 20% reduction in total refining capacity. Driven by aggressive environmental regulations and shifting land-use priorities, the exodus of major oil players raises critical questions about fuel security and the redevelopment of massive industrial sites. Full story: https://getfinancebrief.com/story/california-oil-refinery-closures-phillips-66-marathon-valero ### California’s Refining Retreat: Navigating the 20% Capacity Cliff 2026-03-03 00:35:42 · Sector: climate · Sentiment: Negative · Impact: 7/10 · Sources: 2 California's energy landscape is undergoing a structural shift as major refineries from Phillips 66, Marathon, and Valero shutter or idle, removing nearly 20% of the state's refining capacity. This transition, driven by aggressive environmental regulations and declining local production, raises critical questions about fuel security and the redevelopment of massive industrial sites. Full story: https://getclimatebrief.com/story/california-oil-refinery-closures-phillips-66-marathon-valero ### California’s Refinery Exodus: Regulatory Pressures and the Future of Oil Sites 2026-03-03 00:35:08 · Sector: legal · Sentiment: Negative · Impact: 7/10 · Sources: 2 The closure of major refineries like Phillips 66’s Los Angeles facility marks a 20% reduction in California's refining capacity, driven by aggressive environmental regulations. This shift creates significant legal and regulatory challenges regarding land reclamation, environmental remediation, and the state's energy security. Full story: https://getlegalbrief.com/story/california-refinery-closures-regulatory-impact ### California’s Refinery Exodus: A Massive Brownfield Opportunity for Proptech 2026-03-03 00:34:35 · Sector: proptech · Sentiment: Negative · Impact: 7/10 · Sources: 2 The closure of Phillips 66’s 659-acre Los Angeles refinery marks a pivotal shift in California's land-use landscape, signaling the end of a century-long oil era. This transition opens massive opportunities for proptech-driven brownfield remediation and large-scale urban redevelopment as the state loses 20% of its refining capacity. Full story: https://getproptechbrief.com/story/california-refinery-closures-proptech-redevelopment --- This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getyourbrief.com/guides/methodology for the full editorial methodology.