Using these two public companies, Chevron Corp (CVX stock symbol) and Phillips 66 (PSX stock symbol), look up their 12/31/22 annual 10k financial reports, perform research, analysis, and comparisons as instructed below with a two-page report that addresses the following:

What are the key similarities and differences between the two companies risks in reviewing and assessing their risk factors (Item 1A of their 10k report)? What are the implications for each company?