Billings Area Emergency Response Action Plan
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2019 Annual Report Are Commission-Free
Table of Contents 1 Letter to Our Shareholders 4 Financial Highlights 6 Our Businesses Midstream Chemicals Refining Marketing and Specialties 7 Our Value Chain 8 Our Strategy Operating Excellence Growth Returns Distributions High-Performing Organization 28 Board of Directors 30 Executive Leadership Team 31 Non-GAAP Reconciliations 32 Form 10-K | ON THE COVER AND TABLE OF CONTENTS Lake Charles Refinery WESTLAKE, LA In 2019, Lake Charles Manufacturing Complex achieved a sustained safety record of more than 55 months, equivalent to 7.5 million safe work hours. 2019 PHILLIPS 66 ANNUAL REPORT 1 To Our Shareholders We have the right strategy in place to create shareholder value, and our employees are executing it well. Phillips 66 achieved 34% total shareholder return during 2019, which exceeded our peer group average and the S&P 100. In 2019, we delivered earnings of $3.1 billion and earnings per share of $6.77. Adjusted earnings were $3.7 billion or $8.05 per share. During the year, we generated $4.8 billion of operating cash flow. We reinvested $3.9 billionback into the business and returned $3.2 billion of capital to shareholders through dividends and share repurchases. We increased our quarterly dividend 12.5% and announced a $3 billion increase to our share repurchase program. Since our formation, we have returned $26 billion to shareholders through dividends, share repurchases and exchanges, reducing our initial shares outstanding by 33%. Operating excellence is our No. 1 priority and core to everything we do. Our goal is zero incidents, zero accidents and zero injuries. We believe this is attainable, and we strive for it daily. -
Report Document
VRP Sites as of August 13, 2015 Status VRP_No. Site_Name Volunteer Location Acceptance DatePRA_Date RA_Date LA Type_Site Contaminant IC PM Closed 1001 Rail siding and Big Horn 12/11/00 3/26/02 3/26/02 NFA Letter VRP Petroleum No Not coal load out area Coal 4/26/02; hydrocarbons, applicable Company area metals released from LQD bond Open 1002 Powder River Powder River 1095 West 1/8/01 10/17/01 10/01/07 Certificate of VRP Oil, diesel No Jaymee Energy Sheridan Energy Brundage (Tracts 8, 9, Completion Binion Site Corporation Lane, & 10 only), for Tracts 8, Sheridan, 5/18/09 9, and 10 on 82801 (Tracts 6 & 7 5/8/09 only) Open 1003 Former Conoco Phillips 66 Located 1/2 3/19/01; Approved VRP Petroleum No Sarah Glenrock Refinery Company mile west of 6/28/2011 5/13/02; refinery related Bargsten Glenrock amended amended contaminants South 9/19/02 property additional 54 acres Open 1004 Cheyenne Crude Suncor 199 South 4/4/01 5/30/06 VRP Petroleum No Ben Luckey Station Energy USA, Morrie Av, hydrocarbons formerly Cheyenne Conoco Inc. Open 1005 Union Pacific Former 543 West 4/4/01 7/31/03 1/3/05 VRP Petroleum No Sarah Railroad Chicago and Midwest Av, Hydrocarbons Bargsten North Casper Western Casper Rail Yard Open 1006 Laramie Yard Union Pacific Near 4/4/01 7/09/04 VRP Petroleum No Cindi Fueling Platform Railroad intersection Hydrocarbons Martinez of Railroad and University St., Laramie Yard Page 1 of 29 Status VRP_No. Site_Name Volunteer Location Acceptance DatePRA_Date RA_Date LA Type_Site Contaminant IC PM Closed 1007 Gulley Enterprises Cheyenne 411 E. -
2020 Fact Book 2 Our Businesses Our Strategy Midstream Chemicals Refining Marketing and Specialties Energy Research & Innovation Global Asset Map General Information
Cover Photo: Taft Storage Facility at Gray Oak Pipeline TAFT, TX Contents 3 4 5 OUR BUSINESSES OUR STRATEGY MIDSTREAM Ferndale Ferndale Rail Terminal* Renton North Spokane Tacoma (MT) Yellowstone Cut Bank Moses Lake Thompson 17Falls Rail 24 14 Spokane Terminal Palermo* UROPE DLE EA Portland D Great Falls E I ST Portland (MT) Missoula Rail Terminal M Yello Glacier Sacagawea* Missoula wsto Helena Roundup Keene CDP* ne Billings Crude* Bozeman Billings Billings Humber SPCo & S-Chem ooth Sheridan* Semino Bakk Beart en Bayway MiRO CHEMICALS REFINING * MARKETING AND SPECIALTIES Bighorn e* Linden* Q-Chem I & II Casper* Tremley Pt. (MT)* * Po Rock Springs wd Bayway Rail eminoe er Ri Terminal* S Harbor Red Line Oil North Salt Lake Pioneer ve Des Moines s r Sacramento Rockies Expr Hartford Lincoln ess Line 20 ess Richmond (MT) Rockies Expr San Francisco Denver Borg Conway Kansas City* Po 0 Rockies Expres to Wichita wd Paola er-Den Gold Line* Wood River er Riv Wichita N.* Products* HeartlandPaola* Blue Line 0 Wichita S.* E. St. ver Jeerson City* Junction er Louis* Southern Hills* m Cherokee North* r*Hartford* Line 30 re Line 40 ol Standish* La Junta * h Ponca City* Explo his Ponca City ld Line C Crude* Go 0 Los Angeles Medford* eeMount Vernon* ok t Los Angeles Borger CherEas Torrance Cherokee Colton Borger to Amarillo* Blue LineSouth* Glenpool* Ponca Selmer Line O* * CushPo* Albuquerque* K PL Sk AC ATA Line* elly ST Cushing City SA Oklahoma City* Amarillo* -Belvieu Los Angeles AL Borger Oklahoma Crude* * Explor Wichita Falls* Lubbock* Savannah North -
Investor Update February 2018
Investor Update February 2018 NYSE: PSX www.phillips66.com Lake Charles Refinery Cautionary Statement This presentation contains certain forward-looking statements. Words and phrases such as “is anticipated,” “is estimated,” “is expected,” “is planned,” “is scheduled,” “is targeted,” “believes,” “intends,” “objectives,” “projects,” “strategies” and similar expressions are used to identify such forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements relating to the operations of Phillips 66 and Phillips 66 Partners LP (including their respective joint venture operations) are based on management’s expectations, estimates and projections about these entities, their interests and the energy industry in general on the date this presentation was prepared. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements can be found in filings that Phillips 66 and Phillips 66 Partners LP make with the Securities and Exchange Commission. Phillips 66 and Phillips 66 Partners LP are under no obligation (and expressly disclaim any such obligation) to update or alter these forward-looking statements, whether as a result of new information, future events or otherwise. This presentation includes non-GAAP financial measures. You can find the reconciliations to comparable GAAP financial measures at the end of the presentation materials or in the “Investors” section of the websites of Phillips 66 and Phillips 66 Partners LP. -
Presentation Title Slide
Investor Update Second Quarter 2015 Execution Investor Update Second Quarter 2015 NYSE: PSX www.phillips66.com Cautionary Statement This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Words and phrases such as “is anticipated,” “is estimated,” “is expected,” “is planned,” “is scheduled,” “is targeted,” “believes,” “intends,” “objectives,” “projects,” “strategies” and similar expressions are used to identify such forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements relating to Phillips 66’s operations (including joint venture operations) are based on management’s expectations, estimates and projections about the company, its interests and the energy industry in general on the date this presentation was prepared. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include fluctuations in NGL, crude oil and natural gas prices, and petrochemical and refining margins; unexpected changes -
Growing Value $245 Billion of Revenues As of Dec
www.conocophillips.com ConocoPhillips is an international, integrated energy company with interests around the world. Headquartered in Houston, the company had operations in more than 35 countries, approximately 29,800 employees, $153 billion of assets and Growing Value $245 billion of revenues as of Dec. 31, 2011. 2011 SUMMARY ANNUAL REPORT 90414conD1R1.indd 1 2/28/12 11:05 PM Shareholder Information 1 Letter to Shareholders Certain disclosures in this Summary Annual Annual Meeting Information Requests Copies of Form 10-K, Proxy Statement 49 Report may be considered “forward-looking” and Summary Annual Report 5 Financial and Operating Highlights ConocoPhillips’ annual meeting of For information about dividends and statements. These are made pursuant to “safe stockholders will be held: certificates, or to request a change of Copies of the Annual Report on Form 10-K 6 Repositioning harbor” provisions of the Private Securities address form, shareholders may contact: and the Proxy Statement, as filed with the Litigation Reform Act of 1995. The “Cautionary Wednesday, May 9, 2012 U.S. Securities and Exchange Commission, Statement” in Management’s Discussion and Omni Houston Hotel Westside Computershare are available free by making a request on Our Commitments Analysis in Appendix A of ConocoPhillips’ 2012 13210 Katy Freeway, Houston, Texas P.O. Box 358015 the company’s website, calling 918-661- Proxy Statement should be read in conjunction Pittsburgh, PA 15252-8015 8 Enhancing Financial Performance Notice of the meeting and proxy materials 3700 or writing: with such statements. Toll-free number: 800-356-0066 are being sent to all shareholders. 10 Empowering Our People Outside the U.S.: 201-680-6578 ConocoPhillips – 2011 Form 10-K TDD for hearing impaired: 800-231-5469 B-41 Adams Building 12 Operating Responsibly “ConocoPhillips,” “the company,” “we,” “us” Direct Stock Purchase and Dividend and “our” are used interchangeably in this report TDD outside the U.S.: 201-680-6610 411 South Keeler Ave. -
Parks & Recreation Board Agenda Headwaters
PARKS & RECREATION BOARD AGENDA HEADWATERS CONFERENCE ROOM 600 Cregg Ln. Missoula, Montana July 9, 2019, 12:00 PM I. Administrative Business A Roll Call-- History Members Present: Dale Harris, Sonja Verlanic, Wendy Ninteman, John O’Connor, Johnna Eisenman Members Absent: Chris Ryan, Ross Mollenhauer Guests: Madison Doner; NBC Montana Staff Present: Donna Gaukler, Ryan Applegate, Cassy Gladwin B Approval of minutes - June 11, 2019 Meeting-- History Wendy Ninteman moved to approve the minutes. Sonja Verlanic seconded the motion. Minutes were approved as posted C Announcements-- History Montana Rail Link Park ribbon cutting ceremony is planned for Thursday, July 11, 2019 D Public/Guest comments-- none History II. Action Items A Fiscal Year 2020 Budget Requests and Prioritizations--Ryan History Applegate Ryan Applegate gave a presentation on the departments fiscal year 2020 budget requests and prioritizations. Ryan outlined the department’s mission, strategic goals, and funding priorities. The main operating budgets from fiscal year 2017 to 2019 were also reviewed. The committee made discussed the presentation and discussed the ranking of priorities. Dale Harris – how much was funded in the previous fiscal year? Ryan Applegate – around $100,000 in budget enhancement requests. Park District allow any savings to be retained which is a benefit in budgeting. Sonja Verlanic – can the department ask for a budget when taking on new maintenance of parks, boulevards, etc.? Donna Gaukler –cost to maintain is provided by department upfront; won’t receive operational funding new park/boulevard, etc. is up and running, Dale Harris – Park District increase contribution to Aquatics Ryan Applegate - contribution from Park District was included in FY2019 requests but not funded. -
3.0 State Rail Planning
2010 Montana State Rail Plan 3.0 State Rail Planning 3.1 MONTANA RAIL SYSTEM SUMMARY In 2006, eight freight railroads operated 3,238 rail miles in Montana (excluding trackage rights).26 These eight carriers include: BNSF Railway (BNSF); Union Pacific (UP); Dakota, Missouri Valley, and Western (DMVW); Montana Rail Link (MRL); Central Montana Rail (CMR); Mission Mountain Railroad (MMR); Yellowstone Valley Railroad (YVR); and Rarus/Butte, Anaconda, and Pacific Railway (BAP). Table 3.1 summarizes the rail miles contributed by each carrier and Figure 3.1 illustrates the State’s freight railroad network. Table 3.1 Montana Railroad Statistics Miles of Railroad Operated in Montana 2000 2005 2006 BNSF Railway 2,135 1,983 1,942 Union Pacific 125 125 125 Class I Railroads Total 2,260 2,108 2,067 Dakota, Missouri Valley, and Western 57 58 58 Montana Rail Link 812 807 807 Regional Railroads Total 869 865 865 Central Montana Rail 87 88 88 Mission Mountain Railroad N/A 39 39 Yellowstone Valley Railroad N/A 186 186 Montana Western Railway 59 N/A N/A Butte, Anaconda and Pacific Railway 69 25 25 Local Railroads Total 215 338 338 Network Total 3,344 3,311 3,270 Source: 2005 and 2006 data from the Association of American Railroads, 2000 data from the 2000 Montana State Rail Plan Update. Note: Miles operated includes trackage rights. One mile of single track is counted the same as one mile of double track. 26 Rail miles, synonymous with route miles, represents the total miles of road in freight service operation. -
3Qtr17 Spirit-Magazine.Pdf
CONOCOPHILLIPS Third Quarter 2017 Providing energy for the world while staying committed to our values. ConocoPhillips is proud to be an industry leader in fi nding and producing the oil and gas the world needs. At the foundation of our work is the commitment we have to our SPIRIT Values—Safety, People, Integrity, Responsibility, Innovation and Teamwork. To learn more, visit www.conocophillips.com © ConocoPhillips Company. 2017. All rights reserved. SHARING INSIGHTS From the desk of Ryan Lance Chairman & CEO AS THE HOUSTON AREA RECOVERS from the devastating aftermath of Hurricane Harvey, I continue to be impressed by the incredible compassion and resilience of our ConocoPhillips workforce. We are forging ahead on many fronts, including the completion of this special issue of spirit Magazine featuring the annual SPIRIT of Performance Awards. One of the most important responsibilities of my job is meeting with ConocoPhillips employees and listening to their ideas and concerns. During the past quarter, I visited China, Malaysia and Indonesia and saw the amazing work our people are doing on projects such as additional development phases at the Peng Lai field in Bohai Bay; production rampup and an active exploration program in Malaysia; and an initiative to sell more gas in Indonesia. During a visit to Alaska, I heard excitement around our Willow discovery in the National Petroleum Reserve and the active upcoming winter drilling campaign. In July, the company’s board of directors joined me on a visit to our Bakken operations in North Dakota, where the team patiently answered all our questions and showed why ConocoPhillips is recognized as an operator of choice in that important region. -
Freight Tariff MRL 8000-F (Cancels Freight Tariff MRL 8000-E)
Freight Tariff MRL 8000-F (Cancels Freight Tariff MRL 8000-E) Naming Local Rates and Distances and Miscellaneous Rules and Charges Applying at and between Stations on Montana Rail Link, Inc. Local Tariff This tariff is also applicable on intrastate traffic, except where expressly stated otherwise provided to the contrary in connection with particular rates and provisions contained herein. Issued: December 1, 2018 Effective: January 1, 2019 Issued By: Montana Rail Link, Inc. P.O. Box 16390 101 International Drive Missoula, MT 59808 1 Contents ITEM 450 CALCULATION OF DISTANCES PART 1 RULES AND OTHER GOVERNING ON MRL ...................................................... 9 PROVISIONS ....................................................... 5 PART 2 LOCAL RATES AND DISTANCES ............ 10 SECTION 1 – GENERAL.................................... 5 SECTION 1 – SPECIFIC COMMODITY RATES . 10 ITEM 1 CANCELLATION NOTICE ................ 5 ITEM 500 CARLOAD FUEL SURCHARGE... 10 ITEM 2 EXEMPT FROM REGULATION ........ 5 ITEM 510 COMMODITY: ......................... 10 ITEM 4 CAPACITIES, LENGTHS, AND SECTION 2 – DISTANCE COMMODITY RATES DIMENSIONS OF CARS ................................ 5 ..................................................................... 10 ITEM 5 DESCRIPTION OF GOVERNING ITEM 600 COMMODITY: ......................... 10 CLASSIFICATION ......................................... 5 ITEM 610 COMMODITY: ......................... 11 ITEM 8 APPLICATION OF INCREASES ......... 5 ITEM 620 COMMODITY: ......................... 11 ITEM 9 DISPOSITION -
Foundation for Community Health 2013-2015 Annual Report
2013-2015 ANNUAL REPORT A NEW CHAPTER 1 2 Strong History & New Opportunities Looking back on the changes in the life of our Foundation, the The last 12-18 months have brought significant change to ever-constant presence is you, our donors and volunteers. our Foundation with the sale of Community Medical Center. Your support for the health and well-being of our greater The transition to our new purpose to provide philanthropic community was the reason Community Medical Center support for the advancement of healthy lives in Western Foundation came into being in 1988. You made gifts. You Montana along with our new name, Foundation for served on our committees and Board. You invited others Community Health, has provided the Board with new and to join with you. Working together, we provided more than exciting philanthropic opportunities. $11 million for hospital programs and care initiatives like the Women’s and Newborn Center, healthcare scholarships As we look to the future, the Board and Staff are dedicated and public health presentations. One can only imagine the to advancing the need for “healthy lives” and we extend our numbers of lives impacted, but each of us can readily picture invitation to all to partner with us in that effort. It is a worthy some of the faces of those we have served, young and old Dorcie Dvarishkis Barry Kenfield cause. alike. Thank you for creating such a strong Foundation. On behalf of the Board and Staff of the Foundation for When Community Medical Center sold to a for-profit Community Health, we thank you for your past and future entity in January 2015, a new chapter began for us. -
Phillips Petroleum Company 2001 Annual Report
Phillips Petroleum Company 2001 Annual Report NEW EXPECTATIONS PHILLIPS’ MISSION IS TO PROVIDE SUPERIOR RETURNS FOR SHAREHOLDERS THROUGH TOP PERFORMANCE IN ALL OUR BUSINESSES. PHILLIPS PETROLEUM CONTENTS COMPANY IN BRIEF 2 PHILLIPS’WORLDWIDE OPERATIONS Phillips Petroleum Company is a 4 LETTER TO SHAREHOLDERS major integrated U.S. oil and gas CEO Jim Mulva describes Phillips’ journey and explains why the company has company. It is headquartered in new expectations for increased shareholder returns. Bartlesville, Oklahoma. The company 7 THE CHAIRMAN’S PERSPECTIVE was founded in 1917. Phillips’ core Jim Mulva responds to questions about the company as it prepares to enter a new era. activities are: 9 FINANCIAL SUMMARY ■ Petroleum exploration and produc- Phillips remains financially strong despite a challenging economic climate. tion on a worldwide scale. 10 EXPLORATION AND PRODUCTION (E&P) ■ Petroleum refining, marketing and Phillips anticipates increased oil and gas output from existing projects, and is transportation, primarily in the carrying out a balanced and focused exploration program. United States. 18 REFINING, MARKETING AND TRANSPORTATION (RM&T) ■ Chemicals and plastics production Following its acquisition of Tosco, Phillips is capturing synergies and taking advantage and distribution worldwide through of its expanded capabilities as one of the largest U.S. refiners and marketers. a 50 percent interest in Chevron 24 CHEMICALS Phillips Chemical Company Chevron Phillips Chemical Company is weathering a difficult market, holding down (CPChem). costs and carrying out growth projects. ■ Natural gas gathering, processing 26 GAS GATHERING, PROCESSING AND MARKETING and marketing in North America Phillips’ midstream joint venture is making the most of its strengths while through a 30.3 percent interest in pursuing growth opportunities.