Close acquisition of approximately 100 retail sites
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
- 31 Jan 2020
- Due
- 30 Jun 2020
- Delivered
- Q2 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“the joint venture is expected to close on an acquisition of approximately 100 additional sites in the first half of 2020.”
What we found
Evidence strength A What the grades mean
The West Coast retail joint venture completed the acquisition of 95 sites during Q2 2020, close to the approximately 100 targeted for the first half of 2020.
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A Phillips 66 8-K filed 2020-07-31
“the U.S. West Coast retail joint venture recently completed the previously announced acquisition of 95 sites.” ✓ confirmed on the page
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A Phillips 66 10-K filed 2021-02-24
“During the second quarter of 2020, our West Coast retail joint venture completed the acquisition of 95 additional sites.” ✓ confirmed on the page
Market reaction: the shares moved -3.9% against the S&P 500 over the three sessions around the disclosure (30 Jul 2020 to 4 Aug 2020). What this measures
Checked 15 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- 100 retail sites
- Target
- 100 sites
- Where
- U.S. West Coast
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Depends on
- Counterparty
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.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-PSX-010155 · Corrections policy