Produce 50,000 barrels per day of renewable fuels at the Rodeo Renewable Energy Complex
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
- 26 Apr 2024
- Due
- 30 Jun 2024
- Delivered
- Q2 2024
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The facility is on track to produce approximately 50,000 barrels per day (800 million gallons per year) of renewable fuels by the end of the second quarter”
What we found
Evidence strength A What the grades mean
The July 2024 8-K reports that the Rodeo complex reached full processing rates of about 50,000 barrels per day in the second quarter, and later filings describe it processing that volume.
-
A Phillips 66 8-K filed 2024-07-30
“Renewable Fuels reporting segment established; the Rodeo Renewable Energy Complex reached full processing rates of approximately 50,000 barrels per day.” ✓ confirmed on the page
-
A Phillips 66 10-Q filed 2024-07-31
“The RREC processes approximately 50,000 barrels per day of renewable feedstocks into renewable fuels, including renewable diesel and renewable jet fuel.” ✓ confirmed on the page
-
A Phillips 66 10-K filed 2025-02-21
“The Rodeo Complex can process approximately 50,000 B/D (800 million gallons per year) of renewable feedstocks” ✓ confirmed on the page
Market reaction: the shares moved +0.7% against the S&P 500 over the three sessions around the disclosure (29 Jul 2024 to 1 Aug 2024). What this measures
Checked 16 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
- Produce
- Deliverable
- renewable fuels production
- Target
- 50,000 barrels per day
- Where
- Rodeo
- Language
- Firm (“will”, “on track to”)
- 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-2024-PSX-010239 · Corrections policy