Phillips 66 PSX Derivative Asset, Subject to Master Netting Arrangement, Liability Offset

Derivative Asset, Subject to Master Netting Arrangement, Liability Offset at other companies

Wells Fargo & CompanyWFC

$18B+17.3%

American International GroupAIG

$143M-36.4%

Bank of AmericaBAC

$259.3B+23.1%

PNC Financial ServicesPNC

$1.44B-1.2%

U.S. BancorpUSB

$4.01B+31.3%

State StreetSTT

$16.42B+46.8%

Questions, answered.

What is Phillips 66's derivative asset, subject to master netting arrangement, liability offset?

Phillips 66 (PSX) reported derivative asset, subject to master netting arrangement, liability offset of $25.43B in Q1 2026.

How has Phillips 66's derivative asset, subject to master netting arrangement, liability offset changed year-over-year?

Phillips 66's derivative asset, subject to master netting arrangement, liability offset increased by 712.1% year-over-year, from $3.13B to $25.43B.

What is the long-term trend for Phillips 66's derivative asset, subject to master netting arrangement, liability offset?

Over 5 years (2020 to 2025), Phillips 66's derivative asset, subject to master netting arrangement, liability offset has grown at a 31.9% compound annual growth rate (CAGR), from $669M to $2.67B.

What does derivative asset, subject to master netting arrangement, liability offset mean?

The gross fair value of derivative assets that are subject to master netting arrangements and can be offset against derivative liabilities. This metric reflects the net credit risk exposure the company faces from its derivative counterparties. It is a key indicator of counterparty risk management and the effectiveness of netting agreements.