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Phillips 668-K: Material contract

Phillips 66 secures $2.25 billion in short-term financing, signaling major upcoming investment.

Source

SEC EDGARMar 18, 2026

Current report (Form 8-K)

Phillips 66 8-K

Filing excerpt

On March 18, 2026 (the “Term Loan Closing Date”), Phillips 66 Company (the “Company”), a wholly owned subsidiary of Phillips 66 (“Phillips 66”), entered into a 364-day, $2.25 billion term loan credit agreement...

sec.gov/Archives/edgar/data/1534701/000119312526114070/d20718d8k.htmRead the full source

Other signals in this filing (2)

Extracted by Autobound

From the Signal API record
Signal
8-K: Material contract

What this signalsFilings often name leadership changes, deals and spending plans.

Form
8-K
Filed
Mar 18, 2026

The full record

From the Signal API record

Numbers

Dollar figure
$2.3B (New 364-day term loan credit agreement, fully borrowed.)

Details

CIK
1534701
Accession number
0001193125-26-114070
Timeframe
Immediate
Filing year
2026
Why it matters
Vendor relationship signal
Signal category
Strategic

Topics and mentions

Vendors

  • Mizuho Bank
  • Ltd.
  • PNC Capital Markets LLC
  • PNC Bank
  • National Association

Vendors named

  • Mizuho Bank, Ltd.
  • PNC Capital Markets LLC
  • PNC Bank, National Association

Extraction

Confidence
High
Relevance
90%
Sentiment
Neutral
Detected
Mar 24, 2026
signal_type
sec-8k
signal_subtype
materialContract

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The API returns more than this page shows

This page shows a preview. The full sec-8k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/88cb176f-7804-4f43-aabc-fa696618fc1e returns this record as JSON. POST /v1/companies/enrich returns every signal for phillips66.com.

{
  "signal_id": "88cb176f-7804-4f43-aabc-fa696618fc1e",
  "signal_type": "sec-8k",
  "signal_subtype": "materialContract",
  "detected_at": "2026-03-24T07:39:27.114+00:00",
  "company": {
    "name": "Phillips 66",
    "domain": "phillips66.com"
  },
  "data": {
    "detail": "The company has immediately drawn the full $2.25B from a new 364-day term loan, indicating an urgent need for capital. This massive cash infusion likely precedes a significant capital expenditure, strategic project, or acquisition, creating opportunities for vendors supporting large-scale enterprise initiatives.",
    "metrics": {
      "timeframe": "immediate",
      "dollar_context": "New 364-day term loan credit agreement, fully borrowed.",
      "dollar_millions": 2250
    },
    "summary": "Phillips 66 secures $2.25 billion in short-term financing, signaling major upcoming investment.",
    "excerpts": "On March 18, 2026 (the “Term Loan Closing Date”), Phillips 66 Company (the “Company”), a wholly owned subsidiary of Phillips 66 (“Phillips 66”), entered into a 364-day, $2.25 billion term loan credit agreement...",
    "relevance": 0.9,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1534701/000119312526114070/d20718d8k.htm",
    "filing_date": "2026-03-18",
    "filing_year": 2026,
    "sales_relevance": "Vendor relationship signal",
    "signal_category": "strategic",
    "vendors_mentioned": [
      "Mizuho Bank, Ltd.",
      "PNC Capital Markets LLC",
      "PNC Bank, National Association"
    ]
  }
}

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