Close the divestiture of the Germany and Austria retail marketing business
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
- 15 May 2025
- Due
- 31 Dec 2025
- Delivered
- 1 Dec 2025
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in the second half of 2025, subject to regulatory approvals and other customary conditions.”
What we found
Evidence strength A What the grades mean
Phillips 66 completed the divestiture of 65% of its interest in the Germany and Austria retail marketing business on December 1, 2025, meeting the second-half 2025 deadline.
-
A Phillips 66 10-K filed 2026-02-20
“On December 1, 2025, we divested 65% of our interest in Germany and Austria retail marketing business” ✓ confirmed on the page
Market reaction: the shares moved -0.3% against the S&P 500 over the three sessions around the disclosure (19 Feb 2026 to 24 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
-
Version 1 · original · stated 15 May 2025
Deadline 31 Dec 2025 (“in the second half of 2025”) · wording expected
-
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”
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
- Divestiture of Germany and Austria retail marketing business
- Where
- Germany and Austria
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to regulatory approvals; subject to customary conditions
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- 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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Report an error in this entry Reference: KI-C-2025-PSX-010246 · Corrections policy