Phillips 66
Refines crude oil; midstream logistics; petrochemicals
Health, Safety and Environment Intern
More locations: Sweeny, TX, USA | Linden, NJ, USA | Roxana, IL, USA | Billings, MT, USA | Ponca City, OK, USA | Borger, TX, USA
Willingness to work at any operating location is preferred.
About the job
- Legally authorized to work in the United States.
- Currently enrolled in a Bachelor's or Master's degree program in Industrial Safety, Industrial Hygiene, Health & Safety, Environmental Engineering, Environmental Sciences, or an equivalent STEM field of study.
- Have earned more than 30 hours of college credit.
- Pursue the degree for the duration of the internship.
- Expect to graduate in August 2027 or later.
- Be available for a minimum of eleven continuous weeks.
- Depending on the specific position, be willing and able, with or without reasonable accommodation, to maintain facial hair conditions that allow a respirator or face mask to seal properly.
- Be willing and able to obtain a Transportation Worker Identification Credential.
- Candidates for regular U.S. positions must be a U.S. citizen or national, a permanent resident, refugee, asylee, or qualifying temporary resident; individuals with temporary visas or those requiring current or future sponsorship are not eligible for hire.
- Concentrate in one or more functional areas, including general accident prevention, personal safety, process safety, occupational health, industrial hygiene, ergonomics, air, water, waste, energy and resource conservation, social responsibility, and regulatory compliance.
- Work with experts inside and outside the company to develop technical and professional skills.
- Assist in developing and producing plans, programs, and procedures that guide company policy and regulatory compliance, safe operations, and prevention of undesired consequences.
- Review and analyze environmental regulatory requirements for a project or portion of an operation.
- Perform technical calculations, estimations, and database management.
- Prepare applications for regulatory approvals or reports.
- Develop programs, plans, and proposals.
- Have a minimum cumulative GPA of 3.0 on a 4.0 scale.
- Have previously interned with Phillips 66.
- Have previously participated in an internship or co-op in a related industry.
- Be willing to work at any operating location.
- Have a valid driver's license.
About the company
Phillips 66 is a diversified energy company that covers refining, midstream logistics, chemicals, and marketing and specialties. It turns crude oil into refined fuels and petrochemicals; its midstream segment transports and stores crude and refined products; the marketing segment sells fuels through a network of branded outlets, and it also invests in renewable fuels. It differentiates itself as an integrated energy player with four main segments plus renewable investments, enabling coordinated sourcing, processing, and distribution along with a long history of safety and environmental stewardship. Its goal is to provide energy solutions and reliable fuels while pursuing efficiency, emissions reductions, and sustainable growth for future energy needs.
Company Size
10,001+
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1917
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Simplify's Take
What believers are saying
- Second-quarter 2026 adjusted earnings reached $3.8 billion as refining margins widened sharply.
- Reuters said Phillips 66 planned third-quarter 2026 refinery utilization in the mid-90% range.
- Zeus, Coastal Bend, and Western Gateway target 2028-2029 cash flows beyond refining cycles.
What critics are saying
- Propel Fuels still carries an $833 million California judgment, with post-judgment interest accruing.
- January 20, 2026 Clean Water Act DPA keeps Carson refinery compliance costs and monitoring active.
- Los Angeles Refinery idling in 2025-2026 shrinks West Coast scale and adds redevelopment risk.
What makes Phillips 66 unique
- Phillips 66 spans refining, pipelines, marketing, chemicals, and fee-based midstream assets.
- August 11, 2026 Western Gateway and May 18, 2026 Zeus extend integrated fuel and gas networks.
- July 31, 2026 board approved a $10 billion buyback, showing disciplined capital allocation.
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Benefits
Company Bonus
Pension Plan
401(k) Company Match
Medical Benefits
Dental Insurance
Vision Insurance
Life Insurance
Employee Assistance Program
Health Savings Account
Growth & Insights and Company News
6 month growth
↑ 5%1 year growth
↑ 5%2 year growth
↑ 5%BMO Capital Markets has raised its price target on Phillips 66 from $260 to $310, maintaining an 'Outperform' rating. The new target implies 13% upside and exceeds the stock's recent all-time high of $274. Phillips 66 has surged over 110% this year, driven by elevated global refining margins amid Middle East conflicts and reduced Russian refining capacity. The company reported second-quarter net income of $3.85 billion, up from $877 million year-over-year, its strongest quarterly profit since 2022. BMO highlighted Phillips 66's integrated business model and strong execution across its portfolio. The company reduced net debt by nearly 25% sequentially to $16.5 billion and approved a $10 billion share buyback programme expansion in July. However, analysts caution that extraordinary market conditions may already be priced in, leaving the stock vulnerable if refining margins normalise.
Oil prices above $100 per barrel are widening crack spreads, creating investment opportunities in refiners Phillips 66, Valero, and Marathon Petroleum. The companies delivered sharply higher second-quarter earnings, with refining strength driving profits significantly above year-ago levels. Phillips 66 reported earnings per share of $9.41 against a $7.50 consensus estimate, roughly four times its year-ago earnings. Revenue reached $52.04 billion versus the $43.60 billion expected. Analyst price targets for the three refiners trail current share prices, suggesting the market is pricing in margin strength faster than Wall Street models. Of 21 firms covering Phillips 66, 15 give it a buy rating against six holds. The consensus price target sits near $222, approximately 15% below recent trading levels.
President Donald Trump's nine largest oil and gas holdings gained between $1.5 million and $4.4 million in the first six months of the Iran war, according to a CNBC analysis of his financial disclosure and market data. The holdings include Chevron, ExxonMobil, and seven other energy companies. CNBC calculated gains using share-price movements from 27 February, the day before hostilities began, through 31 August. Trump's accounts showed at least 23 sell transactions across the nine stocks through 29 June. A White House spokesman said Trump plays no role in trading decisions, with all investments managed independently. Ethics watchdogs disputed this, noting Trump still knows his heavy energy investment positions. The nine firms posted combined second-quarter profits of $47.6 billion, triple the prior year's figure. US crude prices rose roughly 36% since the war started.
Phillips 66 (PSX) operates as an energy manufacturing and logistics company with a market cap of $101.8 billion. The Houston-based firm handles oil refining, marketing, transportation, chemical manufacturing, and power generation. PSX has demonstrated strong performance, rising 97.7% year-to-date and 93.9% over the past 52 weeks, outpacing the VanEck Oil Refiners ETF's 69.6% and 79.4% returns respectively. The stock gained 38.5% over the past three months. The company's success stems from operational strength and four consecutive quarters of positive earnings surprises. PSX reported second-quarter adjusted earnings per share of $9.41, beating expectations of $7.68, whilst revenue of $52 billion surpassed forecasts of $36.2 billion. PSX operates 1.9 million barrels per day refining capacity and maintains 1,390 brand-licensing agreements. The company is transitioning to renewable diesel production at its Rodeo, California facility.
Celebrating a century of trust and future innovation: UKIFDA Show 2027 launches. The UKIFDA Show 2027, sponsored by Phillips 66, will return to Leeds Arena on 13 May 2027. Organised by UKIFDA, The Fuel Distribution Association, the one-day event will bring together fuel distributors, suppliers, manufacturers and industry stakeholders for exhibition, networking, industry insight and awards. 7 September 2026 The theme for 2027, Trusted by communities for over a century, recognises the long-standing role of the sector in supporting homes and businesses across the UK and Ireland, while looking ahead to the opportunities and challenges shaping its future. UKIFDA's new Chief Executive, Ken Mackness, commented: "Every day, UKIFDA members play a vital role in supporting homes, businesses and communities across the UK and Ireland. Many have earned that trust over generations, which inspired this year's theme, Trusted By Communities For Over A Century. "UKIFDA Show 2027 brings together the people, expertise and innovation driving our industry forward. It is an opportunity to celebrate our heritage, share knowledge and strengthen the connections that underpin the liquid fuel distribution sector." Products, ideas and industry insight. More than 50 exhibitors are expected to showcase products, technologies and services, alongside the Show's indoor and outdoor tanker displays. Bringing together industry colleagues, the event provides a platform to showcase new products, technologies and services, develop commercial relationships and exchange ideas. Speakers' Corner will return, bringing together leading industry voices to explore the issues affecting the sector, including energy and fuel markets, regulation, technology and the future of liquid fuels. The Wolfe Power Live Podcast also returns following its successful appearance at the 2026 event, which attracted more than one million listeners. Celebrating industry excellence. Presented during the event, the UKIFDA Awards will once again recognise the individuals and businesses making a difference across liquid fuel distribution. The day will conclude with the President's Drinks Reception, providing an informal opportunity for exhibitors, sponsors, distributors and industry colleagues to continue conversations and build connections. The Whova event app will help attendees plan their visit and connect with exhibitors and colleagues, while providing additional profile opportunities for exhibitors and sponsors. To book your exhibition space or find out more about sponsorship opportunities, please contact Dawn Shakespeare at [email protected] or visit www.ukifda.org/ukifda-events/. [Image from UKIFDA Show 2025]