Phillips 66 (NYSE:PSX) Q3 2022 Earnings Conference Call November 1, 2022 12:00 PM ET Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - President and CEO Kevin Mitchell - EVP and CFO Rich Harbison - SVP, Refining Brian Mandell - EVP, Marketing and Commercial Tim Roberts - EVP, Midstream Conference Call Participants Doug Leggate - Bank of America Neil Mehta - Goldman Sachs Roger Read - Wells Fargo Ryan Todd - Piper Sandler John Royall - JPMorgan Matthew Blair - Tudor, ...

Transaction Overview - Restructured and merged strategic joint ventures to realign economic and governance interests[4] - The transaction was entered into and closed on August 17, 2022[4] - Phillips 66 contributed approximately $400 million in cash[5] Changes in Economic Interest - Phillips 66 increased its economic interest in DCP Midstream, LP (DCP) from 28.26% to 43.31%[6] - Phillips 66 decreased its economic interest in Gray Oak Pipeline, LLC from 42.25% to 6.50%[7] Strategic Benefits - Increases Midstream NGL business operational size and scale[8] - Enables value creation through operating and commercial synergies[8] - Strengthens Sweeny Hub[8] DCP Midstream Acquisition Offer - Phillips 66 offered to acquire all publicly held common units of DCP Midstream, LP for $34.75 per common unit[13] - The acquisition is planned to be funded through cash and debt[13]

DCP Midstream, LP (DCP) Q2 2022 Earnings Conference Call August 3, 2022 12:00 PM ET Company Participants Michael Fullman - Director of Investor Relations Wouter van Kempen - Chairman, President and Chief Executive Officer Sean O'Brien - Chief Financial Officer Conference Call Participants Michael Blum - Wells Fargo Marc Solecitto - Barclays James Carreker - U.S. Capital Advisors Gabriel Moreen - Mizuho Group Operator Good day, ladies and gentlemen. Thank you for standing by, and welcome to DCP Midstream's S ...

Phillips 66 (NYSE:PSX) JP Morgan Energy, Power & Renewables Conference Call June 22, 2022 9:50 AM ET Company Participants Greg Garland - Chairman and Chief Executive Officer Mark Lashier - President and Chief Operating Officer Kevin Mitchell - Chief Financial Officer Jeff Dietert - Vice President, Investor Relations Conference Call Participants Philip Gresh - JPMorgan Philip Gresh Okay, great. So, good morning, everyone and thank you for joining us for this fireside chat with the management team of Phillips ...