{"id":36085,"date":"2024-03-13T11:54:49","date_gmt":"2024-03-13T16:54:49","guid":{"rendered":"https:\/\/www.phillips66.com\/?p=36085"},"modified":"2024-03-13T11:54:50","modified_gmt":"2024-03-13T16:54:50","slug":"2024-lashier-hbj","status":"publish","type":"post","link":"https:\/\/www.phillips66.com\/newsroom\/2024-lashier-hbj\/","title":{"rendered":"Lashier: \u2018We\u2019re out there to compete\u2019 every day"},"content":{"rendered":"\n

As president and CEO of a company that aims to be the leading integrated downstream energy provider, Mark Lashier thrives on competition.<\/p>\n\n\n\n

\u201cWe’re out there to compete against great companies, and that competition makes us all better,\u201d Lashier told the Houston Business Journal in an exclusive interview.<\/p>\n\n\n\n

\u201cPeople want to know what they can do to save the world,\u201d said Lashier, \u201cand we say, get into the energy business, because the world needs energy, and we have to get better at providing it every day.\u201d<\/p>\n\n\n\n

In the interview, published as a cover story<\/a> and as a podcast<\/a> on Texas Business Minds, Lashier covered a range of topics he believes will make Phillips 66 more competitive, including the energy transition, petrochemicals, the sale of non-core assets and shareholder returns.<\/p>\n\n\n\n

\u201cWe’re not ashamed of the fact that we have to deliver returns to shareholders,\u201d he said.<\/p>\n\n\n\n

Lashier said the energy transition is fundamental to Phillips 66\u2019s strategy, citing Rodeo Renewed, one of the company\u2019s renewable fuels facilities and one of the world\u2019s largest. The company\u2019s focus on renewables underscores its commitment to a lower-carbon future, he said, as well as its focused approach.<\/p>\n\n\n\n

\u201cEverybody benefits when the people who know how to do something really well focus on it and do it really well,\u201d said Lashier.<\/p>\n\n\n\n

Lashier said Phillips 66 expects to see growth in petrochemicals and natural gas liquids, and that Chevron Phillips Chemical Co., or CPChem, a joint venture between Phillips 66 and Chevron, is well positioned to meet growing demand.<\/p>\n\n\n\n

Elaborating on Phillips 66\u2019s plan to monetize over $3 billion of non-core assets, Lashier said company has a very clear line of sight on what it intends to do so it can focus on key strategic elements. <\/p>\n\n\n\n

\u201cAll of our assets have value,\u201d he said, \u201cIf those assets have more value to you than they do to me, we\u2019ve got something to talk about.\u201d \u00a0 <\/p>\n\n\n\n

The interview also included several personal facts about the Phillips 66 leader. One fun fact he mentioned: “I make the best oatmeal on the planet \u2014 just ask my grandkids.”<\/p>\n","protected":false},"excerpt":{"rendered":"

In an exclusive interview with the Houston Business Journal Mark Lashier covered a range of topics he believes will make Phillips 66 more competitive.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","widen_thumbnail_url":"https:\/\/phillips66.widen.net\/content\/do5wzaisvn\/jpeg\/24-0001_11_Mark%20HBJ%20Interview_DotCom%20Banner.jpeg?keep=c&crop=yes&color=ffffffff&quality=54&u=s6xrte","widen_thumbnail_width":"2048","widen_thumbnail_height":"640","psx_hero_image_url":"https:\/\/phillips66.widen.net\/content\/do5wzaisvn\/jpeg\/24-0001_11_Mark%20HBJ%20Interview_DotCom%20Banner.jpeg?keep=c&crop=yes&color=ffffffff&quality=54&u=s6xrte","psx_hero_image_width":"2048","psx_hero_image_height":"640","psx_hero_image_mobile_url":"https:\/\/phillips66.widen.net\/content\/0mpchr209x\/jpeg\/24-0001_11_Mark%20HBJ%20Interview_DotCom%20Thumbnail.jpeg?keep=c&crop=yes&color=ffffffff&quality=54&u=s6xrte","psx_hero_image_mobile_width":"2048","psx_hero_image_mobile_height":"1262","psx_byline":"Al Ortiz, Corporate Communications"},"categories":[12],"class_list":["post-36085","post","type-post","status-publish","format-standard","hentry","category-strategy"],"yoast_head":"\nLashier: \u2018We\u2019re out there to compete\u2019 every day - Phillips 66<\/title>\n<meta name=\"description\" content=\"In an exclusive interview with the Houston Business Journal Mark Lashier covered a range of topics he believes will make Phillips 66 more competitive.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.phillips66.com\/newsroom\/2024-lashier-hbj\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lashier: \u2018We\u2019re out there to compete\u2019 every day\" \/>\n<meta property=\"og:description\" content=\"In an exclusive interview with the Houston Business Journal Mark 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