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Phillips 66, US7185461040

Phillips 66 stock: Company secures used cooking oil supply

Published on 11/13/2026 at 17:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Phillips 66 stock is in focus as the company secures a feedstock deal for renewable fuels. Certified used cooking oil will supply its Rodeo complex.

Renewable fuel supply expands

  • Phillips 66 secured long-term access to ISCC-certified used cooking oil from Restaurant Technologies.
  • The feedstock will support sustainable aviation fuel and renewable diesel production at the Rodeo complex.
  • Investors will continue to watch feedstock costs, refinery margins and the pace of renewable-fuel expansion.
Phillips 66, US7185461040, Illustration mit AI erstellt.
Phillips 66, US7185461040, Illustration mit AI erstellt.

On November 12, Biofuels International Magazine reported that Phillips 66 had secured a long-term agreement with Restaurant Technologies to source used cooking oil from restaurants across the United States. The supply will support sustainable aviation fuel and renewable diesel production at Phillips 66's Rodeo Renewable Energy Complex in California.

Feedstock supply gains strategic weight

The agreement covers ISCC-certified used cooking oil. Restaurant Technologies operates a collection network serving more than 45,000 foodservice locations, while its closed-loop system is intended to deliver more consistent feedstock and reduce processing requirements.

Phillips 66 said the deal strengthens feedstock security as competition increases for waste oils and fats used in renewable fuels. The arrangement also supports airlines and corporate customers seeking emissions reductions through renewable-fuel use.

What the agreement means

For Phillips 66, the supply agreement adds a new upstream element to its renewable-fuels strategy. Securing suitable raw materials can support production reliability, but the published report gives no supply volumes, pricing or incremental revenue figures.

Phillips 66 stock traded at 236.40 euros on Lang & Schwarz at 17:13 CET on Friday, November 13, 2026.

Phillips 66 company facts

  • Company: Phillips 66
  • ISIN: US7185461040
  • Latest quote: 236.40 euros
  • Quote date: Friday, November 13, 2026
  • Trading venue: Lang & Schwarz

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