Phillips 66 plans refineries to run in mid-90% range of capacity in Q3

PSX•2026-08-05

Refinery run-rate plan for third quarter

HOUSTON, Aug. 5 (Reuters) - U.S. independent refiner Phillips 66 PSX.N plans to operate refineries in the mid-90% range of their combined capacity in the third quarter of 2026, the company said on Wednesday during a conference call to discuss second-quarter results.

The company's refineries ran above their faceplate capacity during the second quarter, Chief Executive Mark Lashier said during the call with Wall Street analysts.

Phillips 66 plans refineries to run in mid-90% range of capacity in Q3

Refinery run-rate plan for third quarter

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