Phillips 66 Partners

IPO

Partners

Houston, United States · Founded 2013

Headquarters
Houston, Texas
Founded
2013
Business Model
B2B

About

Phillips 66 Partners LP (NYSE: PSXP) was a growth-oriented master limited partnership formed by Phillips 66 in 2013 to own, operate, develop, and acquire primarily fee-based midstream assets including crude oil, refined petroleum products, and natural gas liquids pipelines and terminals. The partnership operated a network of pipelines and storage facilities across the United States supporting refinery logistics and third-party customers. On March 9, 2022, Phillips 66 completed its acquisition of all outstanding Phillips 66 Partners units, and the partnership became a wholly-owned subsidiary of Phillips 66, ceasing to operate as a publicly traded entity.

Summary

Phillips 66 Partners is an Energy company based in Houston, United States, founded in 2013.

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Funding History

IPOJul 2013
$377.8M

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