Sandra Leggero has a background in financial markets, having spent more than 9 years in commodities trading for several European and Asian companies. She holds a degree in Economics from the University of Pavia and specializes in emerging markets.
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Key Moments
Phillips 66 projected higher overall spending in 2026 compared with the current year.
The U.S. refiner expects increased disbursements in its midstream and refining segment.
Total spending is forecast at $2.4 billion for 2026 versus $2.1 billion projected for this year.
Spending Outlook for 2026
Phillips 66 said on Monday that it anticipates raising its expenditures in 2026, driven by higher planned outlays in its midstream and refining operations.
The U.S. refiner outlined a forecast that calls for total spending of $2.4 billion in 2026, an increase from the $2.1 billion it has projected for the current year.
Comparison of Projected Spending
Year
Projected Spending
This year
$2.1 billion
2026
$2.4 billion
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