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Phillips 66

Close the acquisition of Phillips 66 Partners

Delivered by the deadline

AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.

Announced
27 Oct 2021
Due
31 Mar 2022
Delivered
9 Mar 2022
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Transaction expected to close in the first quarter of 2022”
  • SourcePhillips 66 Form 8-K press release, 2021-10-27
  • FilingSEC filing index
  • Deadline as statedin the first quarter of 2022
  • Deadline used31 Mar 2022, the last day of the stated period
  • TypeTransaction
  • Permanent referenceKI-C-2021-PSX-010187
    Cite as https://keptindex.org/c/KI-C-2021-PSX-010187/ — this address never changes.

What we found

Evidence strength A What the grades mean

Later 10-Q filings state the merger with Phillips 66 Partners was completed on March 9, 2022, before the March 31, 2022 deadline.

  • A
    Phillips 66 10-Q filed 2022-04-29 Regulatory filing · published 29 Apr 2022 · retrieved 15 Oct 2026 · kept permanently by the SEC
    “On March 9, 2022, we completed the previously announced merger between us and Phillips 66 Partners.” ✓ confirmed on the page
  • A
    Phillips 66 10-K filed 2023-02-22 Regulatory filing · published 22 Feb 2023 · retrieved 15 Oct 2026 · kept permanently by the SEC
    “On March 9, 2022, we completed the merger between us and Phillips 66 Partners.” ✓ confirmed on the page

Market reaction: the shares moved +6.8% against the S&P 500 over the three sessions around the disclosure (28 Apr 2022 to 3 May 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
Acquisition close
Indicative materiality
High rules
Action
Close
Deliverable
Acquisition of Phillips 66 Partners
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
High
Depends on
Regulatory

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.

Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works

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Report an error in this entry Reference: KI-C-2021-PSX-010187 · Corrections policy

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