Complete the marine export terminal project
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 Jul 2020
- Due
- 31 Mar 2021
- Delivered
- Q1 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Upon expected project completion in the first quarter of 2021, the marine export terminal will have two deepwater docks”
What we found
Evidence strength A What the grades mean
A 2022 10-K says the marine export terminal commissioned additional storage and completed its final construction phase in Q1 2021, with two deepwater docks.
-
A Phillips 66 8-K filed 2021-04-30
“The marine export terminal has two deepwater docks with up to 800,000 BPD of export capacity.” ✓ confirmed on the page
-
A Phillips 66 10-K filed 2022-02-18
“The marine export terminal commissioned additional storage capacity in the first quarter of 2021, bringing total capacity to 8.6 million barrels and marking completion of the final construction phase.” ✓ 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 DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Construction
- Indicative materiality
- Medium rules
- Action
- Complete
- Deliverable
- marine export terminal
- Where
- Corpus Christi, Texas
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
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
Are you Phillips 66? You can publish an official statement next to this entry, free. Add a statement.
Is something here wrong or out of date?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-2020-PSX-010162 · Corrections policy