Phillips 66 at JPMorgan Energy, Power & Renewables Conference Transcript

Jun 23, 2026 / 12:00PM GMT
Release Date Price: MXN3169
Unidentified Participant 1

Great. Good morning. Thank you all for joining us this morning at the conference. I have the pleasure of introducing Mark Lashier, Chairman and CEO of Phillips 66. Mark has been in the role since July of 2022.

Prior to that, most recently, he ran CPChem business, having started his career with Phillips Petroleum in the late 1980s. So Mark, thanks very much for joining us today.

Mark Lashier
Phillips 66 - Chairman of the Board, President, Chief Executive Officer

Matt, glad to be here.

Questions & Answers

Unidentified Participant 1;Mark Lashier
Phillips 66 - Chairman of the Board, President,

With the recent reopening of the Strait of Hormuz, after a period of heightened Middle East tensions and closure. How are you assessing the macro outlook for crude and the refined products over the near and medium term? Specifically how quickly Middle Eastern barrels normalize back into the trade flows and the read-through for light-heavy differentials and product cracks?

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