PHILLIPS PETROLEUM CO
10-Q, EX-27, 2000-08-11
PETROLEUM REFINING
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<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
the consolidated balance sheet of Phillips Petroleum Company as of
June 30, 2000, and the related consolidated statement of income
for the six months ended June 30, 2000, and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                             235
<SECURITIES>                                         0
<RECEIVABLES>                                    1,868
<ALLOWANCES>                                        21
<INVENTORY>                                        752
<CURRENT-ASSETS>                                 3,191
<PP&E>                                          26,144
<DEPRECIATION>                                  10,496
<TOTAL-ASSETS>                                  20,264
<CURRENT-LIABILITIES>                            3,792
<BONDS>                                          7,319
                              650
                                          0
<COMMON>                                           371
<OTHER-SE>                                       4,710
<TOTAL-LIABILITY-AND-EQUITY>                    20,264
<SALES>                                         10,066
<TOTAL-REVENUES>                                10,202
<CGS>                                            8,011<F1>
<TOTAL-COSTS>                                    8,184<F2>
<OTHER-EXPENSES>                                    26<F3>
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 160
<INCOME-PRETAX>                                  1,430
<INCOME-TAX>                                       738
<INCOME-CONTINUING>                                692
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       692
<EPS-BASIC>                                       2.73
<EPS-DILUTED>                                     2.71
<FN>
<F1> Purchased crude oil and products + Production and operating expenses +
     Exploration expenses + Depreciation, depletion and amortization.
<F2> CGS + Taxes other than income taxes.
<F3> Preferred dividend requirements of capital trusts.
</FN>




</TABLE>


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