What is Phillips 66's midstream — adjustments?

Phillips 66 (PSX) reported midstream — adjustments of $0.00 in Q4 2025.

What does midstream — adjustments mean?

One-time or non-core financial items excluded from regular segment earnings.

Business Segments · Adjustments

Midstream — Adjustments

This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2017

Last reportedQ4 2025

How to read this metric

Frequent or large adjustments may signal operational instability or significant restructuring efforts, while minimal adjustments suggest stable, predictable operations.

Detailed definition

Non-recurring or non-operational items that are excluded from the segment's core performance metrics to provide a cleare...

Peer comparison

Similar to 'Special items' or 'Non-recurring charges' reported by peers to reconcile GAAP earnings to adjusted segment EBITDA.

Metric ID: psx_segment_midstream_adjustments

Historical Data

1 years

	FY'25
Value	$0.00

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Frequently Asked Questions

What is Phillips 66's midstream — adjustments?: Phillips 66 (PSX) reported midstream — adjustments of $0.00 in Q4 2025.
What does midstream — adjustments mean?: One-time or non-core financial items excluded from regular segment earnings.