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Phillips 66

Complete the Clemens to Gregory (C2G) Pipeline

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
26 Jul 2019
Due
31 Dec 2021
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“The project is backed by long-term commitments and is expected to be completed in 2021”

What we found

Evidence strength A What the grades mean

Filings state the C2G Pipeline began commercial operations in the fourth quarter of 2021, before the 2021 deadline, though no exact completion date is given.

  • A
    Phillips 66 8-K filed 2022-01-28 Regulatory filing · published 28 Jan 2022 · retrieved 15 Oct 2026 · kept permanently by the SEC
    “In Midstream, Phillips 66 Partners began commercial operations of the C2G Pipeline” ✓ confirmed on the page
  • A
    Phillips 66 10-K filed 2022-02-18 Regulatory filing · published 18 Feb 2022 · retrieved 15 Oct 2026 · kept permanently by the SEC
    “The pipeline began commercial operations in the fourth quarter of 2021 and is supported by long-term commitments.” ✓ confirmed on the page
  • A
    Phillips 66 10-K filed 2022-02-18 Regulatory filing · published 18 Feb 2022 · retrieved 15 Oct 2026 · kept permanently by the SEC
    “Phillips 66 Partners completed construction of the C2G Pipeline, a 16 inch ethane pipeline” ✓ confirmed on the page

Market reaction: the shares moved -2.9% against the S&P 500 over the three sessions around the disclosure (27 Jan 2022 to 1 Feb 2022). What this measures

Checked 15 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

  • Deadline drift -184 days
  • 2 versions
  1. Version 1 · original · stated 26 Jul 2019

    Deadline 31 Dec 2021 (“2021”) · wording expected

  2. Version 2 · stated 25 Oct 2019

    Deadline 30 Jun 2021 (“mid-2021”) · wording expected

    “The project is backed by long-term commitments and is expected to be completed in mid-2021.”

    Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Project other
Indicative materiality
Low rules
Action
Complete
Deliverable
Clemens to Gregory (C2G) Pipeline
Where
Texas
Language
Expected (“expects”, “plans”)
In the company’s control
High
Specificity
High
Conditional
Yes: backed by long-term commitments
Depends on
Customer

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Is something here wrong or out of date? Companies and readers can ask us to check it. Please bring a link to a public source.

Report an error in this entry Reference: KI-C-2019-PSX-010122 · Corrections policy

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