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Phillips 66

Cease operations at the Los Angeles-area refinery

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
16 Oct 2024
Due
31 Dec 2025
Delivered
Q4 2025
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Facility expects to cease operations in the fourth quarter of 2025”
  • SourcePhillips 66 Form 8-K press release, 2024-10-16
  • FilingSEC filing index
  • Deadline as statedin the fourth quarter of 2025
  • Deadline used31 Dec 2025, the last day of the stated period
  • TypeFacility
  • Permanent referenceKI-C-2024-PSX-010241
    Cite as https://keptindex.org/c/KI-C-2024-PSX-010241/ — this address never changes.

What we found

Evidence strength A What the grades mean

Phillips 66 confirmed that it ceased fuel production and began idling the Los Angeles Refinery facilities during the fourth quarter of 2025, meeting its stated commitment.

  • A
    Phillips 66 8-K filed 2026-02-04 Regulatory filing · published 4 Feb 2026 · retrieved 17 Oct 2026 · kept permanently by the SEC
    “Ceased fuel production at the Los Angeles Refinery.” ✓ confirmed on the page
  • A
    Phillips 66 10-K filed 2026-02-20 Regulatory filing · published 20 Feb 2026 · retrieved 17 Oct 2026 · kept permanently by the SEC
    “In the fourth quarter of 2025, consistent with our plan, we began idling the facility and ceased fuel production.” ✓ confirmed on the page

Market reaction: the shares moved +6.4% against the S&P 500 over the three sessions around the disclosure (3 Feb 2026 to 6 Feb 2026). What this measures

Checked 17 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

  • 2 versions
  1. Version 1 · original · stated 16 Oct 2024

    Deadline 31 Dec 2025 (“in the fourth quarter of 2025”) · wording expected

  2. Version 2 · stated 25 Jul 2025

    Deadline 31 Dec 2025 (“by year-end”) · wording firm

    “On track to cease operations at the Los Angeles Refinery, as well as complete the Germany and Austria transaction by year-end”

    Source for this version

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
Cease
Deliverable
Los Angeles-area refinery operations
Where
Los Angeles-area
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, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), 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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