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PHILLIPS 66

(PSX)
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Phillips 66 : to contribute $250,000 to new Greenwood Rising history center in Tulsa, Oklahoma

06/02/2021 | 11:02am EDT

The donation will fund educational programming at a new center honoring the victims and survivors of the 1921 Tulsa Race Massacre

Phillips 66 (NYSE: PSX) today announced it is contributing $250,000 to Greenwood Rising, a new center in Tulsa’s historic Greenwood District that honors the victims and survivors of the Tulsa Race Massacre of 1921 and the legacy of the city’s Black Wall Street.

The center is being dedicated June 2, nearly 100 years to the day after one of the worst acts of racial violence in U.S. history left hundreds of Black residents dead and much of the Greenwood District, then a thriving neighborhood known as Black Wall Street, in ashes.

“Greenwood Rising will be a place where Tulsans and people from all over the world can come together to learn about the 1921 Tulsa Race Massacre, honor the victims and survivors, and celebrate the community’s rich heritage and resilience,” said Sonya Reed, Senior Vice President of Human Resources and Corporate Communications for Phillips 66. “Phillips 66 is proud to support this important effort.”

The Phillips 66 contribution will fund educational programming at Greenwood Rising, a nonprofit and legacy project of the 1921 Tulsa Race Massacre Centennial Commission that aims to draw upon lessons from the past to inspire meaningful and sustainable change. It will support field trips for local area public schools, volunteerism and the creation of educational material.

“It is important that we maintain the momentum of 1921 Tulsa Race Massacre education beyond the centennial year,” said Phil Armstrong, Project Director for the 1921 Tulsa Race Massacre Centennial Commission and Interim Director of Greenwood Rising. “We are grateful to Phillips 66, which is committing support to ensure that the tragedy of the massacre and resilience of Greenwood are never forgotten.”

About Phillips 66

Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company’s master limited partnership, is integral to the portfolio. Headquartered in Houston, the company has 14,200 employees committed to safety and operating excellence. Phillips 66 had $55 billion of assets as of March 31, 2021. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.


© Business Wire 2021
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Financials (USD)
Sales 2021 97 982 M - -
Net income 2021 704 M - -
Net Debt 2021 12 375 M - -
P/E ratio 2021 45,9x
Yield 2021 4,93%
Capitalization 32 153 M 32 153 M -
EV / Sales 2021 0,45x
EV / Sales 2022 0,43x
Nbr of Employees 14 300
Free-Float 67,2%
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