Complete Sweeny Hub fractionator 4

Not 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: 25 Oct 2019
Due: 30 Jun 2021
Checked: 15 Oct 2026

Deadline
Met
Late
Not met
Today

What the company said

“Frac 4 is expected to be completed in the second quarter of 2021.”

SourcePhillips 66 Form 8-K press release, 2019-10-25
FilingSEC filing index
Deadline as statedsecond quarter of 2021
Deadline used30 Jun 2021, the last day of the stated period
TypeProject
Permanent referenceKI-C-2019-PSX-010131
Cite as https://keptindex.org/c/KI-C-2019-PSX-010131/ — this address never changes.

What we found

Evidence strength A What the grades mean

Filings show Frac 4 construction resumed in 2021, with completion later expected in Q4 2022 rather than Q2 2021.

A
Phillips 66 8-K filed 2021-08-03 Regulatory filing · published 3 Aug 2021 · retrieved 15 Oct 2026 · kept permanently by the SEC · fingerprint 2d4b5a5f0c69
“At the Sweeny Hub, Phillips 66 resumed construction of the 150,000-BPD fourth fractionator.” ✓ 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 · fingerprint 1cac08b64305
“The 150,000-BPD fractionator is expected to be completed in the fourth quarter of 2022 and will increase Sweeny Hub fractionation capacity to 550,000 BPD.” ✓ confirmed on the page

Market reaction: the shares moved +1.0% against the S&P 500 over the three sessions around the disclosure (17 Feb 2022 to 23 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 +549 days
2 versions

Version 1 · original · stated 25 Oct 2019

Deadline 30 Jun 2021 (“second quarter of 2021”) · wording expected
Version 2 · stated 3 Aug 2021

Deadline 31 Dec 2022 (“fourth quarter of 2022”) · wording expected

“The project is expected to be completed in the fourth quarter of 2022”
Source for this version
Version 3 · stated 29 Oct 2021

Deadline 31 Dec 2022 (“in the fourth quarter of 2022”) · target 150,000 BPD · wording expected

“The 150,000-BPD fractionator is expected to be completed in the fourth quarter of 2022”
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: Sweeny Hub fractionator 4
Where: Texas
Language: Expected (“expects”, “plans”)
In the company’s control: High
Specificity: High
Depends on: Customer

How this entry was checked

Commitment recordedThe company's words were matched word for word against the filing.
First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.

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

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