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Phillips 66

Start up Frac 4 at the Sweeny Hub

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
29 Jul 2022
Due
30 Sep 2022
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“At the Sweeny Hub, Frac 4 startup is expected late in the third quarter of 2022, adding 150,000 BPD of capacity.”
  • SourcePhillips 66 Form 8-K press release, 2022-07-29
  • FilingSEC filing index
  • Deadline as statedlate in the third quarter of 2022
  • Deadline used30 Sep 2022, the last day of the stated period
  • TypeFacility
  • Permanent referenceKI-C-2022-PSX-010205
    Cite as https://keptindex.org/c/KI-C-2022-PSX-010205/ — this address never changes.

What we found

Evidence strength A What the grades mean

Later filings state Frac 4 was completed in the third quarter of 2022 and started up on time, adding 150,000 BPD, with full rates reached in October or Q4 2022.

  • A
    Phillips 66 8-K filed 2022-11-01 Regulatory filing · published 1 Nov 2022 · retrieved 15 Oct 2026 · kept permanently by the SEC
    “Our Sweeny Frac 4 started up on time and under budget.” ✓ confirmed on the page
  • A
    Phillips 66 8-K filed 2022-11-01 Regulatory filing · published 1 Nov 2022 · retrieved 15 Oct 2026 · kept permanently by the SEC
    “In Midstream, Phillips 66 completed Sweeny Frac 4, adding 150,000 BPD of capacity. Frac 4 achieved full rates in early October.” ✓ 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
    “Frac 4 was completed in the third quarter of 2022, achieving full rates in the fourth quarter of 2022.” ✓ confirmed on the page

Market reaction: the shares moved +2.8% against the S&P 500 over the three sessions around the disclosure (31 Oct 2022 to 3 Nov 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
Facility other
Indicative materiality
Medium rules
Action
Start
Deliverable
Frac 4 at Sweeny Hub
Target
150,000 BPD
Where
Sweeny Hub
Language
Expected (“expects”, “plans”)
In the company’s control
High
Specificity
High

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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